Syndicate Bank PADDI IFSC Code, MICR Code, Contact No. - Ludhiana, Punjab

Syndicate Bank PADDI Branch IFSC Code, MICR Code (Ludhiana, Punjab). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code, Contact No. of Syndicate Bank PADDI - Ludhiana, Punjab

IFSC Code:SYNB0008159
MICR Code:141025008
Branch Code:008159 (Last six characters of IFSC Code represent Branch code)
Address:SYNDICATE BANK,NEAR BUSSTAND OPPOSITE VILLAGE GATE,VILL PADDI DISTRICT LUDHIANA PUNJAB INDIA 141206
Branch:PADDI
City:LUDHIANA
District:Ludhiana
State:Punjab
Contact No.:161-2491500

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Syndicate Bank IFSC Code is SYNB0008159, MICR Code is 141025008, Branch Code is 008159 which is last six characters of IFSC Code, Branch name is PADDI located in SYNDICATE BANK,NEAR BUSSTAND OPPOSITE VILLAGE GATE,VILL PADDI DISTRICT LUDHIANA PUNJAB INDIA 141206, LUDHIANA, Ludhiana, Punjab, Contact no. is 161-2491500. IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Syndicate Bank Branches at Ludhiana, Punjab

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What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.