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Bank Details for MICR: 396025131

Bank NameSyndicate Bank
Branch Name Daman
Branch Code 007074
IFSC Code SYNB0007074
MICR Code 396025131
Bank Address Shop No 5,6 And 7,neelkanth Residency,daman Vapi Main Road Khariwad Daman Daman And Diu 396210
State Name Daman And Diu
City / Area Daman
District Name Daman
Contact Details8905013277

MICR code - 396025131 of bank Daman Daman Daman And Diu India Syndicate Bank is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - SYNB0007074 of bank Syndicate Bank and MICR code - 396025131 of bank Syndicate Bank is use to do any online transaction or transaction related to the Daman branch of Syndicate Bank Daman Daman And Diu. an Invalid use ifsc code or micr code will lead to failur of the transaction.


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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.