MICR Code: 581025116

Bank: Syndicate Bank
IFSC Code: Synb0000318
MICR Code: 581025116
Address: Devhegdekumta Tqdist Uttar Kannadastate Karnatakapin 581 330
City: Uttara Kannada
District: Hegde
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 581025116.

  • In this case first three codes 581 is city code and it represents city Uttara Kannada.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 116 represents branch. In our case branch is located at address Devhegdekumta Tqdist Uttar Kannadastate Karnatakapin 581 330.

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.