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Bank Details for MICR: 147025002

Bank NameSyndicate Bank
Branch Name Patiala
Branch Code 008160
IFSC Code SYNB0008160
MICR Code 147025002
Bank Address Shop No 1 2 3 Leela Bhawan Market Complex Bhupindra Road Patiala 147001
State Name Punjab
City / Area Patiala
District Name Patiala
Contact Details0

MICR code - 147025002 of bank Patiala Patiala Punjab India Syndicate Bank is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - SYNB0008160 of bank Syndicate Bank and MICR code - 147025002 of bank Syndicate Bank is use to do any online transaction or transaction related to the Patiala branch of Syndicate Bank Patiala Punjab. an Invalid use ifsc code or micr code will lead to failur of the transaction.

Map Location for 147025002

MICR Code: Magnetic Ink Character Recognition MICR CODE is printed on cheque book to facilitate the Process of cheques.

National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and corporates to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. NEFT transfers are also referred as e-cheques as the funds are not transferred in real-time and the funds are settled in batches.

'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). You need the IFSC Code to identify the Branch for which you will want to transfer funds using RTGS. Note all branches don't have IFSC Codes.

'IMPS' is Immediate Payment Service and it is commonly known as Interbank Mobile Payment Service. IMPS uses IFSC codes to offer a number of fund transfer services instantly in a round the clock environment. National Payments Corporation of India (NPCI), which is an organization that regulates the retail payments in India, has provided this facility.