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By MICR code a person comes to know about the bank name and branch without giving any further information about bank and branch. SHEKHAR CHOUDHURY

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www.shekharchoudhury.com

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8y ago
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12y ago

1. it is used in bank accounts

2 .used in cheque books

3. used to identify magnetic character

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Q: What are advantages of a MICR?
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