What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Syndicate Bank Shambur Dk Dist Dakshin Kannad Branch IFSC/MICR Code Details
Bank Name SYNDICATE BANK
Address NO 4115 2 1 MAIN ROAD SHAMPUR D K DIST KARNATAKA 574231
State KARNATAKA
District DAKSHIN KANNAD
Branch SHAMBUR DK DIST
IFSC Code SYNB0000294
Branch Code 000294 (Last six characters of IFSC code represent Branch code.)
MICR Code 575025060
Contact Phone 55281233
via https://bankingzone.in/ifsc

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