IFSC Code, MICR Codes for SYNDICATE BANK in TAMIL NADU - MADURAI - MADURAI - MADURAI

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


IFSC Code

SYNB0006200

MICR Code

625025002

Branch

MADURAI

Contact

0

Address

13A PALACE ROAD EAST VELI STREET TN 625 001

City

MADURAI

District

MADURAI

State

TAMIL NADU





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

SYNB0006200

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.