MICR Code: 582025102

Bank: Syndicate Bank
IFSC Code: Synb0001215
MICR Code: 582025102
Address: 1 St Floor, Gogis Building, Bazaar Road, Lakshmeshwar, Gadag ,582 116
City: Gadak
District: Lakshmeshwar
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 582025102.

  • In this case first three codes 582 is city code and it represents city Gadak.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address 1 St Floor, Gogis Building, Bazaar Road, Lakshmeshwar, Gadag ,582 116.

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.