MICR Code: 400025023
| Bank: Syndicate Bank |
| IFSC Code: Synb0005042 |
| MICR Code: 400025023 |
| Address: 206, Rameshwar, Opp City Light Cinema, Lady Jamshedji Rd, Mahim West, Mumbai 400016 |
| 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 400025023.
- 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 023 represents branch. In our case branch is located at address 206, Rameshwar, Opp City Light Cinema, Lady Jamshedji Rd, Mahim West, Mumbai 400016.
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.