Asked in Computer Hardware, Banking
What is the function of magnetic ink character reader MICR?
MICR is an equipment used to read documents using electromagnetic fields. MICR equipment can not read all the documents. The document should be written using a magnetic ink so that the electromagnetic fields generate from them can be detected by the equipment. We also say 'MICR printing", "MICR letters", "MICR fonts" to any set of characters that can read by using a MICR equipment General use of MICR is to read checks in banking business. Almost every check has a MICR printing at...
Asked in Computer Hardware, Bangalore, Chennai
What is a micr code?
MICR (Magnetic Ink Character Recognition) is a printing technology used to print alpha-numeric details. MICR Code is printed on cheques and they let cheque processing,easy. for more details visit at: http://www.ifsccodeonline.com/MICR-CODES/ ...
What is the MICR code for the icici bank limited Chennai sholinganallur?
The MICR code of ICICI Bank Sholinganallur is 600229029