MICR Code: 416025103

Bank: Syndicate Bank
IFSC Code: Synb0005232
MICR Code: 416025103
Address: Plot No 345, Aarti,R K Nagar Society No 2, Kolhapur Pin 416013
City: Kolhapur
District: Morewadi
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 416025103.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 103 represents branch. In our case branch is located at address Plot No 345, Aarti,R K Nagar Society No 2, Kolhapur Pin 416013.

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.