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SYNDICATE BANK

  • What is BIC ?

    The BIC or Bank symbol Code (also referred to as the SWIFT address) is a unique address that in payment messages identifies exactly the bank concerned in monetary transactions. once employed in conjunction with the IBAN it identifies the bank at that the account of the beneficiary is command.

  • What is RTN ?

    Bank routing number or routing transit number (RTN) is a nine digit number used to identify a financial institution in a transaction. Internation banks Routing Code, Bank Identifier Code (BIC) & SWIFT codes are basically the same.

  • What is Bank BSR Code

    Basic Statistical Return (BSR) Income Tax Department's initiative to receive information and maintain records of tax paid through banks through online upload of challan details is named as OLTAS (Online Tax Accounting System).

IFSC Code of SYNDICATE BANK DELHI Branch is SYNB0009036

IFSC Code  SYNB0009036
Bank :  SYNDICATE BANK
Branch :  Barakhamba Road New Delhi
Address :  1ST FLOOR, ARUNACHAL BUILDING 19, BARAKHAMBA ROAD DELHI 110001
Contact :  0
District :  NEW DELHI
State :  DELHI

SYNDICATE BANK List of IFSC Code Branches in DELHI District

Agi Bhawan New DelhiAhq Vayu Bhawan
Air Force Golden Jubilee InstituteAsaf Ali Rd New Delhi
Barakhamba Road New DelhiBharthal Delhi
BhogalBis Manak Bhawan Delhi
Cao New DelhiCbsepatparganj
Ccmintoroad New DelhiCnnaught Circus Super Bazar
Cr BldgDelhi Air Force Stn Rajokri
Delhi Airforce Stn ArjungarhDelhi Akbar Bhawan Ministry Of External Affairs
Delhi AlipurDelhi Ashok Vihar
Delhi Asset Recovery Mngmt BrDelhi Azadpur
Delhi BawanaDelhi Bijwasan
Delhi Bsf EastblockDelhi Cantonment
Delhi Chandni ChowkDelhi Chattarpur
Delhi ChhawlaDelhi Dev Nagar
Delhi Dtc Depot Ambedkar NagarDelhi Dtc Depot Bb Marg
Delhi Dtc Depot Sarojini NagarDelhi Dtc Depot Srinivaspuri
Delhi Dtc Depot Sukhdev ViharDelhi Dtc Dichaon Kalan
Delhi Dtc NandnagariDelhi Dtc Seemapuri
Delhi Dtc Yamuna ViharDelhi Dwarka Sector 6
Delhi East Punjabi BaghDelhi Fatehpur Beri
Delhi Gb RoadDelhi Green Park Extn
Delhi Gt Karnal Rd Dtc DepotDelhi Haidarpur
Delhi HarinagarDelhi Ip Estate Dtc Depot
Delhi KarolbaghDelhi Kashmere Gate
Delhi Kgmarg Curzon RoadDelhi Kingsway Gtb Nagar
Delhi Kirti NagarDelhi Mayapuri Dtc Depot
Delhi Mayur ViharDelhi Mohan Garden
Delhi Mount Carmel SchoolDelhi Najafgarh
Delhi NangalrayaDelhi Narela
Delhi NayabazarDelhi Nbcc Lodhi Rd
Delhi Nirman ViharDelhi Palam
Delhi Palam 27 Equipment DepotDelhi Paschim Vihar
Delhi PitampuraDelhi Pochanpur Dwarka
Delhi Prakash Shastri MargDelhi Preet Vihar Cbse
Delhi PunjabibaghDelhi Pusa Campus Indian Agriculture Statistical Research Institute
Delhi Pusa National Seed CorpnDelhi Qutub Institutional Area
Delhi Raj Niwas Marg St XavierDelhi Rajaji Marg Kashmir House
Delhi Rk PuramDelhi Rohini
Delhi Rohini Sector 16Delhi Safdarjung Airport
Delhi ShadipurDelhi Sheikhsarai Ph 1 Bgms
Delhi TrinagarDelhi Uttam Nagar
Delhi Vasant Vihar Dtc DepotDelhi Vikaspuri
Dhaula Khan DelhiDtc Depot Patpar
DwarkaEast Of Kailash
East Patel NagarFxpc Zonal Office
GangaramhospitalGeetacolony
Hauz KhasIna Colony New Delhi
Ip Estate DelhiJanakpuri Delhi
Kalkajidtc DelhiKamala Nagar
Khan Market New DelhiLajpat Nagar
Ma Medical CollegeMalviya Nagar Delhi
MayapuriMorigate
NangaloiNaraina Vihar Delhi
Nehru Place DelhiNpl Pusa
Peeragarhi Dtc DepoPusacampus Delhi
Rajinder NagarRajouri Gardendelhi
Rajpur KhurdRani Jhansi Rd New Delhi
Ro Delhi IiSadar Bazar Delhi
Scope Minar Laxmi NgrSecretariat
ShahdaraSouth Block
Tilak NagarTransport Bhavan
Vasant Vihar DelhiVikasmargextn
Wazirpur Delhi

Syndicate Bank was established in 1925 in the princely state of Manipal, Udupi, Mysore. It was founded by Upendra Anant Pai, T.M.A. Pai and Vamana Srinivas Kudva. Syndicate Bank was one of the oldest and major commercial banks in India. At the time of its inception, the bank was known as Canara Industrial & Banking Syndicate Limited. It is a wholly owned subsidiary of Canara Bank. The bank was nationalized by the Government of India on 19 July 1969 along with 13 major commercial banks of India. The headquarter of the bank was in the city of Manipal University, India. On 1 April 2020, the bank was merged with Canara Bank.

The promoters came from a lower-middle class background and aimed to improve the socioeconomic status of the area. It was the only Indian bank headquartered in rural areas. The bank provided employment opportunities to the educated members of the local community. Its initial paid-up capital was ₹8,000. This was in contrast to other banks that financed trade and industries mainly in urban areas. Hence as a new bank, Syndicate Bank decided to take advantage of the untapped small and medium enterprise and agriculture sector.

In 1928, Syndicate Bank launched the pygmy deposit scheme. Under this scheme, banking agents visit the doorsteps of farmers and shopkeepers at stipulated intervals to collect the deposits. By 1960, 21% of the bank’s net deposits came from pygmy deposits. Its unconventional practices were criticized by the Reserve Bank of India (RBI).

In 1969, it was nationalized along with 13 other major banks. In December 1969, it had 350 branches, by December 1974, it had 700 branches.

In 1975, it established India’s first Regional Rural Bank (RRB), Pratham Bank in Moradabad, Uttar Pradesh.] In 1976, Syndicate Bank sponsored the establishment of Malaprabha Gramin Bank in Dharwad, Karnataka. In 1983, Bijapur Gramin Bank was sponsored by Syndicate Bank, which is headquartered in Bijapur. In 1984, it also established Netravathi Gramin Bank in Mangalore and Varada Gramin Bank in Kumta. As of December 1986, it had 1456 branches.

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  • What is MICR Code?

    The Magnetic Ink Character Recognition Code (MICR) is a numeric code that uniquely identifies a Bank-Branch participating in the ECS Credit scheme. MICR code consists of 9 digits e.g 500447125

    • First 3 digits represent the city (500447125)
    • Next 3 digits represent the bank (500447125)
    • Last 3 digits represent the branch (500447125)

    The MICR Code assigned to a bank branch is written on the MICR band of cheque leaves issued by bank branches.

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