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 Korattur Chennai Branch IFSC/MICR Code Details
Bank Name SYNDICATE BANK
Address H 32 CENTRAL AVENUE KORATTUR CHENNAI CHENNAI TAMILNADU INDIA 600080
State TAMIL NADU
District CHENNAI
Branch KORATTUR
IFSC Code SYNB0006058
Branch Code 006058 (Last six characters of IFSC code represent Branch code.)
MICR Code 600025078
Contact Phone 26871151
via https://bankingzone.in/ifsc

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