MICR Code: 400025011
| Bank: Syndicate Bank |
| IFSC Code: Synb0005031 |
| MICR Code: 400025011 |
| Address: 1 St Floor, Oomigar Bldg Above Badshah Cool Drink House Lokamanya Tilak Marg Maharashtra 400 003 |
| City: Greater Bombay |
| District: Mumbai |
| 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 400025011.
- In this case first three codes 400 is city code and it represents city Greater Bombay.
- Next three characters 025 represents bank Syndicate Bank.
- Remaining characters which are 011 represents branch. In our case branch is located at address 1 St Floor, Oomigar Bldg Above Badshah Cool Drink House Lokamanya Tilak Marg Maharashtra 400 003.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.