MICR Code: 581025577

Bank: Syndicate Bank
IFSC Code: Synb0000360
MICR Code: 581025577
Address: Building No 110, Kanchikere Cross Road Nh 17, Post Belke Bhatkal Taluk Pin 581320
City: Karwar
District: Belke
State: Karnataka

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 581025577.

  • In this case first three codes 581 is city code and it represents city Karwar.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 577 represents branch. In our case branch is located at address Building No 110, Kanchikere Cross Road Nh 17, Post Belke Bhatkal Taluk Pin 581320.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.