MICR Code: 587025512

Bank: Syndicate Bank
IFSC Code: Synb0000871
MICR Code: 587025512
Address: Near Ramanagouda Patil Petrol Pump Krishna Nagar Hosur Bijapur Karnataka 587117
City: Bijapur
District: Bijapur
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 587025512.

  • In this case first three codes 587 is city code and it represents city Bijapur.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 512 represents branch. In our case branch is located at address Near Ramanagouda Patil Petrol Pump Krishna Nagar Hosur Bijapur Karnataka 587117.

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.