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 Gangulli Udupi Branch IFSC/MICR Code Details
Bank Name SYNDICATE BANK
Address BUNDER ROAD , GANGULLI , UDUPI576 216
State KARNATAKA
District UDUPI
Branch GANGULLI
IFSC Code SYNB0000123
Branch Code 000123 (Last six characters of IFSC code represent Branch code.)
MICR Code 576025108
Contact Phone 0
via https://bankingzone.in/ifsc

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