Syndicate Bank SIDDIPET IFSC Code, MICR Code, Contact No. - Medak, Telangana

Syndicate Bank SIDDIPET Branch IFSC Code, MICR Code (Medak, Telangana). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code, Contact No. of Syndicate Bank SIDDIPET - Medak, Telangana

IFSC Code:SYNB0003416
MICR Code:502025206
Branch Code:003416 (Last six characters of IFSC Code represent Branch code)
Address:H.NO.18-159 AND 160,LIG 82 AND 83 HOUSING BOARD COLONY PRASHANTHNAGAR,DIST-MEDAK TELANGANA INDIA -502103
Branch:SIDDIPET
City:MEDAK
District:Medak
State:Telangana
Contact No.:40-23302380

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Syndicate Bank IFSC Code is SYNB0003416, MICR Code is 502025206, Branch Code is 003416 which is last six characters of IFSC Code, Branch name is SIDDIPET located in H.NO.18-159 AND 160,LIG 82 AND 83 HOUSING BOARD COLONY PRASHANTHNAGAR,DIST-MEDAK TELANGANA INDIA -502103, MEDAK, Medak, Telangana, Contact no. is 40-23302380. IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Syndicate Bank Branches at Medak, Telangana

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KHAJIPET WARANGALNAGALAGIDDASIDDIPET

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.