MICR Code: 400025503

Bank: Syndicate Bank
IFSC Code: Synb0005216
MICR Code: 400025503
Address: Reliance Industries,B-4 Midc Industrial Area, Patalaganga,, Raigad, ,410 220
City: Raigad
District: Patalaganga
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 400025503.

  • In this case first three codes 400 is city code and it represents city Raigad.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Reliance Industries,B-4 Midc Industrial Area, Patalaganga,, Raigad, ,410 220.

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.