MICR Code: 416025403

Bank: Syndicate Bank
IFSC Code: Synb0005376
MICR Code: 416025403
Address: Door No13, Main Road, Dhamapur, Malwan Taluk, Dist Sindhudurg, Maharashtra 416605
City: Sindhudurg
District: Dhamapur
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 416025403.

  • In this case first three codes 416 is city code and it represents city Sindhudurg.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 403 represents branch. In our case branch is located at address Door No13, Main Road, Dhamapur, Malwan Taluk, Dist Sindhudurg, Maharashtra 416605.

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.