answersLogoWhite

0


Best Answer

MICR stands for magnetic ink code recognition.

Prof. Ranganath T V L

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Micr code of bank stands for?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Micr code of ICICI Bank Karkhana Branch?

500229009 is the MICR code


What is an MICR code?

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. For more details visit us at: http://www.ifsccodeonline.com/MICR-CODES/


What is the micr code of icici bank kormangala branch Bangalore?

MICR Code is {| |- | 560229003 |}


Where is MICR No in a Bank demand draft?

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 number in bank demand draft?

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.


Why is micr is used?

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.


What is MICR used for?

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.


What is full form of micr code?

MICR stands for magnetic ink character reader


Full form of micr?

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.


What is the full form of micr?

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.


What is bank-branch MICR code in Punjab national bank's cheque?

MICR code is a unique identification of a Bank's branch, typically useful in the interbank money transfers


Micr codes of icici bank itpl branch Bangalore?

micr code for icici bank itpl branch:560229032