MICR Code: 587025206

Bank: Syndicate Bank
IFSC Code: Synb0000816
MICR Code: 587025206
Address: 1 By 452 Sri Maruthi Krupa Main Road Kerur Bagalkote Karnataka 587 206
City: Bagalkot
District: Kerur
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 587025206.

  • In this case first three codes 587 is city code and it represents city Bagalkot.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 206 represents branch. In our case branch is located at address 1 By 452 Sri Maruthi Krupa Main Road Kerur Bagalkote Karnataka 587 206.

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.