MICR no. is a nine digit no. which is exactly after the six digit demand draft no.
A DD refers to a Demand Draft. Can you explain on what exactly you want to find in a Demand Draft?
The bankers name in a demand draft is the name of the bank from where u purchased the demand draft.
the bank from which the demand draft has been made
The demand draft is another name for a tele-check. The demand draft number through a Syndicate bank draft is usually found at the bottom of the check.
demand
what is mean by MICR Drfat / Checque
Magnetic ink character recognition
first there is DD number then MICR Number and then comes the transaction ID on the demend draft
ITS 9 DIGIT CODE ,NEXT TO D.D NO. example. "345458" 000006000: 000003 ---- DD no, MICR no, middle one with nine digits is MICR number.
Actually DD's do not have a MICR number. They only have a DD number. A Demand Draft Number is a unique number that can be used to uniquely identify a demand draft. No two DDs will have the same number, even if they are issued by different banks
MICR( Magnetic Ink Character Recognition)
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 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.
Answering "Where is MICR code printed on SBI demand draft?"You can find IFSC or MICR codes of all branches across Indian at www.indiancodes.org Its quite faster too.
on the lower section of the check, in the MICR encoding area, to the right of the routing number and account number. It can also be preprinted on the check, located on right side upper corner
which one is the dd number on a demand draft
No. On the bottom, the first no. is the DD no., it is of 6 digit the second no. is the MICR, it is of 9 digit and last one is transaction code of two digit in between micr no. and transaction code there may be some other 6 digit for example- "380033"000001000:000034 12 "ddno" micr no. : 6 digit transaction code respectively