IFSC Code, MICR Codes for SYNDICATE BANK in KARNATAKA - BELGAUM - AKOL - AKOL

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


IFSC Code

SYNB0000523

MICR Code

591025405

Branch

AKOL

Contact

0

Address

GURUKRIPA NIVAS 616MAIN ROAD AKOL591 211 TALUK CHIKKODI DISTBELGAUM KARNATAK

City

AKOL

District

BELGAUM

State

KARNATAKA





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

SYNB0000523

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.