IFSC Code, MICR Codes for SYNDICATE BANK in ANDHRA PRADESH - HYDERABAD URBAN - HYDERABAD - ABID ROAD

SYNDICATE BANK RTGS HO Branch in HYDERABAD - Address, IFSC, MICR Code


IFSC Code

SYNB0003029

MICR Code

500025004

Branch

ABID ROAD

Contact

0

Address

5-9-246 BY 1 OPP-GRAMMAR SCHOOL ABID RD AP 500 001

City

HYDERABAD

District

HYDERABAD URBAN

State

ANDHRA PRADESH





What is IFSC Code of SYNDICATE BANK situated at ABID ROAD- RTGS-HO?
IFSC Code of SYNDICATE BANK situated at ABID ROAD - RTGS-HO is

SYNB0003029

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.