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 Washim Akola Branch IFSC/MICR Code Details
Bank Name SYNDICATE BANK
Address C BY O AKOLA BRANCH NEAR SANTHOSHI MATHA MANDIR DAMELA WADI,,AKOLA 444001 MAHARASHTRA
State MAHARASHTRA
District AKOLA
Branch WASHIM
IFSC Code SYNB0005518
Branch Code 005518 (Last six characters of IFSC code represent Branch code.)
MICR Code 444025202
Contact Phone 0
via https://bankingzone.in/ifsc

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