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 Malavalli Mysore Branch IFSC/MICR Code Details
Bank Name SYNDICATE BANK
Address 501H 616501G SRI VENKATESHWARE COMPLEX MYSORE ROAD MALAVALLI MYSORE KARNATAKA 571430
State KARNATAKA
District MYSORE
Branch MALAVALLI
IFSC Code SYNB0001608
Branch Code 001608 (Last six characters of IFSC code represent Branch code.)
MICR Code NA
Contact Phone 22421858
via https://bankingzone.in/ifsc

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