Canara Bank is going to change the IFSC Code of Syndicate Bank from 1st July 2021. The new IFSC URL can be accessed by visiting Canarabank.com/IFSC.html or Canara Bank’s website, the statement said. Or else customers of erstwhile Syndicate Bank will have to get new check book with changed IFSC and MICR code. Let us tell you that in August 2019, Finance Minister Nirmala Sitharaman had decided to merge 10 public banks. Now the IFSC code and MICR code of these banks is going to change.
All Syndicate Bank customers have been asked to check the updated IFSC Code from their branch. The bank said in a statement that customers will have to use the new Canara IFSC to receive funds through NEFT / RTGS / IMPS. The bank has asked the customers to update the new IFC code, otherwise the benefits of facilities like NEFT / RTGS / IMPS will not be available from July 1.
When which bank changed IFSC code
|anchor bank||integrated bank||date|
|Punjab National Bank||Oriental Bank, United Bank Of India||1 April 2021|
|Union Bank of India||Andhra Bank, Corporation Bank||1 April 2021|
|Indian Bank||Allahabad Bank||1 May 2021|
|Canara Bank||Syndicate Bank||1 July2021|