This document provides information about MICR (Magnetic Ink Character Recognition) technology. It discusses that MICR allows machines to quickly read and process checks by recognizing a nine-digit MICR code containing information like the city code, bank code, and branch code. The MICR code is printed on checks in a special magnetic ink font, like E-13B, that can be read by MICR readers which magnetize and sense the characters as they pass over a read head. MICR provides a secure and high-speed way to process financial documents and allows characters to be reliably read even if obscured.

1. ICIT Presentation
GGS INDRAPRASTH UNIVERSITY
Submitted to Submitted
Ms. Priti Sharma Manish
Assistant Professor (IT) 048
BCA E1 2016-2019

3. MICR (Magnetic ink character recognition)
 Magnetic ink character recognition code(MICR Code)

4. What is MICR?
 MICR stands for Magnetic Ink Character Recognition. It is a technology which
allows machines to read and process cheques enabling thousands of cheque
transactions in a short time.
 MICR code is usually a nine digit code comprising of some important information
about the transaction and the bank.

5. Uses of MICR Code
 MICR is a character-recognition technology used mainly by the banking industry
to ease the processing and clearance of cheques and other documents

6. Uses of MICR Code in Cheques
 The MICR code is present in the bottom of the Cheque.
 The first three digits in the MICR code represent the city code that is the city in
which the bank branch is located. In most cases it is in line with the PIN code of
the postal addresses in India.
 The next three digits stand for the bank code.
 The last three digits represent the bank branch code.

7. Image showing MICR Code in Cheque
MICR

8. Fonts for MICR
 There are two major MICR fonts in use:- E-13B and CMC-7.
 E-13B has a 14 character set, while CMC-7 has 15—the 10 numeric characters, plus
control characters.
 The MICR E-13B font is the standard in Australia, Canada, the United Kingdom, the
United States, and other countries.
 Major European countries, including France and Italy, and others like Brazil and
Mexico use the CMC-7 font, developed by Groupe Bull in 1957.

10. Why to MICR?

11. Advantages Of MICR Code
 MICR provides a secure, high-speed method of scanning and processing
information.
 Unlike barcodes and similar technologies, MICR characters can be read easily by
humans.
 The use of MICR allows the characters to be read reliably even if they have been
overprinted or obscured by other marks, such as cancellation stamps and
signature.

12. MICR Reader
 MICR characters are printed in special typefaces with a magnetic ink or toner,
usually containing iron oxide. As a machine decodes the MICR text, it first
magnetizes the characters in the plane of the paper. Then the characters are
passed over a MICR read head, a device similar to the playback head of a tape
recorder. As each character passes over the head it produces a unique waveform
that can be easily identified by the system.

13. Images Of MICR Reader

14. That’s all
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