MICR Code: 415025002

Bank: Syndicate Bank
IFSC Code: Synb0005414
MICR Code: 415025002
Address: No 436 By 7, Akshay Plaza, Plot 6, Sadar Bazar, Satara,, Satara, ,415 001
City: Satara
District: Satara
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 415025002.

  • In this case first three codes 415 is city code and it represents city Satara.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address No 436 By 7, Akshay Plaza, Plot 6, Sadar Bazar, Satara,, Satara, ,415 001.

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.