IFSC Code, MICR Codes for SYNDICATE BANK in ANDHRA PRADESH - NALGONDA - NAGARAM - NAGRAM

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


IFSC Code

SYNB0003442

MICR Code

508025104

Branch

NAGRAM

Contact

0

Address

NAGARAM VIA PANGIRI SO DIST NALGONDA ANDHRA PRADESH 508 279

City

NAGARAM

District

NALGONDA

State

ANDHRA PRADESH





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

SYNB0003442

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.