MICR(magnetic ink character recognition)
MICR no. is a nine digit no. which is exactly after the six digit demand draft no.
The MICR code for the bank where you have the account can be found on your account cheque leaf. It is a 9 digit number. The first 6 digits are the cheque number, the next 9 digits are the MICR code. I am not sure if the MICR code differs from branch to branch. The best bit is to take the information on your cheque leaf.
MICR stands for Magnetic Ink Character Recognition. It is used by banks to identify the details like customer account number, bank branch code, bank code etc. almost all banks worldwide use these MICR numbers in their checks and demand drafts. The MICR Reader can read all the information that is written in the corresponding format in a cheque.
MICR stands for Magnetic Ink Character Recognition. It is a system using which magnetic readers can easily identify the bank that issued the cheque and other details reg. the cheque. Yes, all banks use MICR codes in their Cheques.
You can find information about the MICR, or Magnetic ink character recognition, on the the Wikipedia page devoted to it. You can also find out more information about it by contacting your local bank or credit union and asking them.
The MICR number is easy to find if the signs are known. 1. Its written on the white strip on the lower portion of the cheque/dd/po 2. In India MICR number is the 9 digit routing number .
MICR Code is invisible and is printed in a horizontal band located at the bottom of aCheque and can be read only with special type of MICR Code reader. Therefore banks instruct not to write anything on the band and not to fold the cheque on the band...
micr
You can find MICR or IFSC codes of all branches across Indian at www.indiancodes.org Its quite faster too.
This is not avalid MICR code.
MICR Reader converts MICR characters into a form the computer can process
what is mean by MICR Drfat / Checque
MICR devices can read:Numbers
Defination for NON-MICR CHEQUES
HP manufactures MICR laser printers. The MICR laser printer is used to create checks. MICR is the shortened version of Magnetic Ink Character Recognition.
500229009 is the MICR code