Dr Kenneth Eldridge
micr
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.
The invention of the MICR (Magnetic Ink Character Recognition) technology is attributed to Dr. H. Bruce McNaughton, who developed it in the late 1950s. The system was first implemented in the early 1960s to automate the processing of checks and other financial documents.
500229009 is the MICR code
MICR(magnetic ink character recognition)
Micr is found on the bottom of checks. It is used by banks to scan and process checks. Micr stands for magnetic ink character recognition.
I think khetri is non micr centre, micr branches issue cheques with micr code on your cheque ist is cheque serial no follwed by micr code of the branch