IFSC Code, MICR Codes for SYNDICATE BANK in KARNATAKA - KOLAR - VEMGAL - VEMGAL

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


IFSC Code

SYNB0001502

MICR Code

563025202

Branch

VEMGAL

Contact

0

Address

NEAR BUS STAND VEMGAL KOLAR KARNATAKA 563157

City

VEMGAL

District

KOLAR

State

KARNATAKA





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

SYNB0001502

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.