IFSC code of Syndicate bank starts from SYNB0*****. It is a unique code for every branch of a bank. It contains both numbers and alphabets. The first four characters of the code give the name of the bank while the fifth character is always a zero. The last six characters of the code represent the branch of the bank. This code is provided and maintained by the Reserve Bank of India (RBI). The Reserve Bank of India has time and again emphasized on the usefulness of IFSC code. That is why the central bank has encouraged banks to include IFSC code in the process of transferring money. So, if you are transferring money using any of the money transfer facilities such as national electronic fund transfer (NEFT), real time gross transfer (RTGS) and immediate payment services (IMPS), you would be required to give the IFSC code of the beneficiary account. You will also need your IFSC code when you purchase financial products such as mutual funds and insurance online.
How can I get the IFSC code? You can get the IFSC code very easily on Paisabazaar.com’s website by using the IFSC code locator tool. You need to select the bank name, state, city and the branch to get the IFSC code. The tool will also provide you the complete address of that particular branch. You can find the complete list of IFSC odes for each branch of all banks on Reserve Bank of India’s website.
About Syndicate Bank
The bank was established in 1925 in Udupi, Karnataka. The bank was nationalized in July 1969 by the government of India along with 13 other major commercial banks.
