MICR Code: 423025201

Bank: Syndicate Bank
IFSC Code: Synb0005286
MICR Code: 423025201
Address: Daregaon, Post Sayne, Tq Malegaon, Dist Nasik, Pin 423 203
City: Nasik
District: Daregaon
State: Maharashtra

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 423025201.

  • In this case first three codes 423 is city code and it represents city Nasik.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 201 represents branch. In our case branch is located at address Daregaon, Post Sayne, Tq Malegaon, Dist Nasik, Pin 423 203.

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.