IFSC Code, MICR Codes for SYNDICATE BANK in MAHARASHTRA - GREATER BOMBAY - MUMBAI - PEDDAR RD

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


IFSC Code

SYNB0005028

MICR Code

400025033

Branch

PEDDAR RD

Contact

0

Address

NO 1 PADAM BUILDING PEDDAR ROAD MAHARASHTRA 400026

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





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

SYNB0005028

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.