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Bank Details for IFSC CODE : SYNB0000642

Bank NameSyndicate Bank
Branch Name Main Bazaar Hospet
Branch Code 000642
IFSC Code SYNB0000642
MICR Code NA
Bank Address Door No 263,asst No 300 Main Bazaar,near Sri Anjancya Temple,hospet,ballari Dist Ballari Karnataka India 583201
State Name Karnataka
City / Area Ballari
District Name Ballari
Contact Details9449862268

IFSC code - SYNB0000642 of bank Main Bazaar Hospet Ballari Karnataka India Syndicate Bank is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - SYNB0000642 of bank Syndicate Bank and MICR code - NA of bank Syndicate Bank is use to do any online transaction or transaction related to the Main Bazaar Hospet branch of Syndicate Bank Ballari Karnataka. an Invalid use ifsc code or micr code will lead to failur of the transaction.


Map Location for Syndicate Bank - Main Bazaar Hospet Ballari Karnataka




IFSC - Indian Financial System Code. IFSC Code is used for electronic payment applications ( Online Banking ). RTGS - Real Time Gross Settlement , NEFT - National Electronic Funds Transfer , Immediate Payment Service, IMPS - interbank electronic instant mobile money transfer service, CFMS - Centralised Funds Management System that is developed by RBI - Reserve Bank of India. 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.

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.

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