IFSC Code, MICR Codes for SYNDICATE BANK in ANDHRA PRADESH - VISHAKAPATNAM - PARAVADA - PARAVADA

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


IFSC Code

SYNB0003586

MICR Code

531025108

Branch

PARAVADA

Contact

0

Address

249 BY 1 THEATRE JUNCTIONPARAVADA VILLAGEPIN 531 021

City

PARAVADA

District

VISHAKAPATNAM

State

ANDHRA PRADESH





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

SYNB0003586

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.