Syndicate Bank New IFSC Code After Canara Bank Merger

The Indian Financial System Code, also abbreviated as IFSC, is an 11-digit alpha-numeric code given by the Reserve Bank of India to each bank branch participating in the payment system. Electronic payment system programs such as RTGS and NEFT use this code. It is required for funds to be transferred from one bank account to another. Every bank branch will have its code, and no two branches (even those of the same bank) will ever be the same. This post has details about the Syndicate Bank New IFSC Code.

Syndicate Bank New IFSC Code After Canara Bank Merger

Customers of Syndicate Bank should notify all money senders that while utilizing NEFT/RTGS/IMPS, they should now use only the new IFSC beginning with CNRB, which belongs to Canara Bank.

If you are a Syndicate Bank customer, you should know that the IFSC codes for all branches are changed. As per the Indian Reserve Bank (RBI) rules, Syndicate Bank and Canara Bank merged on April 1, 2020. However, the bank’s IFSC code stayed the same for nearly a year to offer consumers a buffer period. However, this has changed because Syndicate Bank’s previous IFSC Code was valid until June 30, 2021.

ArticleSyndicate Bank New IFSC Code
BankCanara Bank | Syndicate Bank
Websitehttps://canarabank.com/IFSC.html
LanguageEnglish

Syndicate Bank New IFSC Code after merger with Canara Bank.

The Syndicate Bank New IFSC Code is effective from July 1, 2021. Customers should be aware that they must obtain the new IFSC and MICR codes to conduct banking activities smoothly. Because Syndicate Bank’s customers are now Canara Bank’s customers, the latter has issued a warning on the former’s IFSC code update. Customers of Syndicate Bank will no longer be able to utilize IFSC codes beginning with SYNB as of July 1.

Syndicate Bank New IFSC Code After Merger With Canara Bank.

Customers should notify all money senders that while using NEFT/RTGS/IMPS, they should now use just the new IFSC beginning with CNRB, which belongs to Canara Bank.

Canara Bank has also stated that it will add 10,000 to Syndicate Bank’s former IFSC. For example, if the previous IFSC was SYNB0003687, the new IFSC will be CNRB0013687. Syndicate bank merged with Canara bank has made all the changes in the IFSC code details of the bank customers. These changes are only for the customers of Syndicate bank and not for the Canara Bank users, their IFSC codes are the same as before.

How to get Syndicate Bank New IFSC Code

How To Get Syndicate Bank New IFSC Code

Existing Syndicate Bank customers can acquire the new IFSC and MICR code from Canara Bank’s official website: http://www.canarabank.com/.

SYNB000XXXX is the old syndicate bank IFSC code format. The new IFSC code format appears to be CNRB001XXXXX. The last four numbers represent the branch code. The customer should use the new code for RTGS, NEFT, and IMPS transactions.

You can quickly get syndicate Bank’s new IFSC code from our website’s PDF available above.

Syndicate Bank New IFSC Code Canara Bank

The following section will learn how to generate a new IFSC code from an old one. We will also go over the usual bank branch procedure for obtaining an IFSC code. Now, without further ado. We’ll look at the Code generator approach.

Syndicate Bank New IFSC Code Canara Bank
  • You have to open the Canara Bank Website IFSC page: www.canarabank.com/IFSC.html.
  • Next, enter the last four digits of the OLD syndicate IFSC Code of your bank.
  • Select the “Click here to Get New IFSC Code” option.
  • The page will display the new Canara Bank IFSC code.

Apart from that, there is a new IFSC code for Canara Bank. It will also show the name of the bank branch at the bottom. If the old IFSC code entered is incorrect or invalid. A popup notification will appear. “Enter IFSC Code does not exist”. Also read How To Find Cheque Number On SBI, HDFC, ICICI & Axis Cheque

Syndicate Bank New IFSC Code via Bank Branch

If you have any difficulties with the procedure mentioned above, please let us know. The old way of doing things is still in use. Yes, you can go to any bank branch in the area. IFSC Code can get obtained from any bank executive. Give the name of the branch for which you require an IFSC code. The bank executive will provide the IFSC code. You can make transactions with that new IFSC code.

Syndicate Bank New IFSC Code Via Bank Branch

Search for Syndicate Bank New IFSC Code and MICR codes

Search For Syndicate Bank New IFSC Code And MICR Codes

If you know the full name of the bank and the branch you’re looking for, you can check out the IFSC and MICR codes for that bank. For example, if someone needs the Syndicate Bank New IFSC Code, they can find it printed on one of the bank’s chequebooks/leaves. The Reserve Bank of India provides a comprehensive IFSC code for all Indian banks. Alternatively, you can discover the IFSC code by visiting the bank’s official website.

FAQs

From when the Syndicate Bank IFSC code changed?

Yes, starting July 1, 2021. The IFSC codes for all eSyndicate accounts were invalid. To make RTGS, NEFT, and IMPS transactions, Syndicate Bank’s new ifsc code is used by Canara Bank.

How to know the New Syndicate Bank IFSC code?

Canara bank created a website to help people find New Syndicate bank ifsc codes. You have to enter the final four digits of the original ifsc code.

Syndicate Bank is a government bank?

Syndicate Bank was one of India’s oldest and largest commercial banks. The government of India nationalised the bank, along with 13 other major commercial banks in India, on July 19, 1969. Its headquarters were in Manipal, India, a university town. The bank was incorporated into Canara Bank on April 1, 2020.

Conclusion

After the syndicate bank merged with Canara Bank, there were changes in the IFSC codes. We have attempted to feed you with all the Syndicate Bank New IFSC Code details. If you still have any questions, please feel free to write to us in the comment section below. You can also find all the details related to Canara Bank here. Click Here

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