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Monday, 28 June 2021

From July 1, the IFSC code of Syndicate Bank branches will be changed, even the old checkbook will not work.

From July 1, the IFSC law of Syndicate Bank branches will be changed, indeed the old checkbook won't work. 



Canara Bank has issued a notice to warn guests. According to the bank, the IFSC law of all the branches of the old Syndicate Bank will be changed from July 1, 2021. Following this change, Syndicate Bank guests will have to use Canara Bank's new IFSC law to accept finances through NEFT/ RTGS/ IMPS. 


Syndicate Bank guests will get a new checkbook. 

According to Canara Bank, guests of the old Syndicate Bank will admit a new checkbook. This checkbook will have the new IFSC and MICR law. According to the Canara Bank, Syndicate Bank's Swift Code( SYNBINBBXXX) will also change from 1 July 2021. All guests can also use the new Swift Code( CNRBINBBFD) for foreign exchange. 


Then is how to get your bank's new law. 

According to Canara Bank, guests can learn the new IFSC law through the URLcanarabank.com/IFSC.html. 

Guests can also know the new IFSC law of their bank branch through Canara Bank's website. guests can also get the IFSC law information by visiting their bank branch. 


Syndicate- Canara Bank intermingled on April 1, 2020. 

The finance minister blazoned the junction of Syndicate Bank with Canara Bank in 2019. The junction is effective April 1, 2020. After the junction, Canara Bank has come the fourth largest state- possessed bank in the country. 


Canara Bank intermingled into 4032 branches. 

At the time of the junction, Canara Bank's total business was Rs10.43 lakh crore and Syndicate Bank's total business was Rs4.77 lakh crore. While the number of workers was,350 and,535, independently. At the time of the junction, Syndicate Bank had 4032 branches across the country, intermingled with Canara Bank. 

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