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MICR is Magnetic Ink Character Recognition.
You can see some NUMBERs which were printed on bottom line of each cheque with a uniform design in there each number will have some ink mark in it . These number will be read in the Machine called Magnetic Ink Character Recognition Machine which will authenticate the genuine of the Cheque.
There by this machine will identify the duplicate Cheque with the help of that ink printed in the cheque leaf.
Further each bank branch will have its unique identity with MICR code also
What else can I help you with?
Micr code of ICICI Bank Karkhana Branch?
500229009 is the MICR code
What is the micr code of icici bank kormangala branch Bangalore?
MICR Code is {| |- | 560229003 |}
What is the micr code for icici bank branch old madras road Bangalore?
MICR CODE : 560229020 BANK : ICICI BANK LTDBRACNH : BTM LAYOUT Bangalore
Is micr nunber 000026000 is valid?
This is not avalid MICR code.
Sbbj bank branch khetri micro code no?
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
What are the emerging trends in bank?
Emerging trends in banking are atm,debit and credit card,internet banking,core banking,mobile banking,NEFT,RTGS,MICR cheques and draft etc.............
What is full form of micr code?
MICR stands for magnetic ink character reader
What does c represent in micr?
code
Micr code of bank stands for?
MICR stands for magnetic ink code recognition. Prof. Ranganath T V L
What does MICR stand for?
MICR stands for Magnetic Ink Character Recognition, is a character recognition technology used primarily by the banking industry to facilitate the processing of cheques.
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 of sbi Chennai?
The MICR code of ICICI Bank Sholinganallur is 600229029
