MySQL - If Exists update else insert Query

INSERT INTO component_psar (tbl_id, row_nr, col_1, col_2, col_3, col_4, col_5, col_6, unit, add_info, fsar_lock)
VALUES('2', '1', '1', '1', '1', '1', '1', '1', '1', '1', 'N')
ON DUPLICATE KEY UPDATE col_1 = VALUES(col_1), col_2 = VALUES(col_2), col_3 = VALUES(col_3), col_4 = VALUES(col_4), col_5 = VALUES(col_5), col_6 = VALUES(col_6), unit = VALUES(unit), add_info = VALUES(add_info), fsar_lock = VALUES(fsar_lock)

The Checking key should be UNIQUE. Only if this query will work.

Refer : http://stackoverflow.com/questions/12639407/sql-if-exists-update-else-insert-syntax-error