MICR (Magnetic Ink Character Recognition) is a technology used by banks for processing and clearing cheques, featuring a line at the bottom that includes essential banking information. Unlike barcodes, MICR codes are human-readable and facilitate data capture by readers. Each bank has a unique MICR code, which can be found along with other banking details on indianbankdetails.com.

1. What is MICR code and its uses
CREATED BY: NANDY SARWAN
http://www.indianbankdetails.com/

2. INTRODUCTION:
• MICR stands for Magnetic Ink Character Recognition. It is the
character recognition technology used by the banks and banking
sectors for the purpose of processing and clearance of cheques.
• The MICR line is in the bottom of the documents which includes
document type, account number, bank code, cheque number and
control indicator.
• The MICR code reader easy read the line and send it to the data
collection devices.
• Unlike Barcodes, MICR code can easily read by humans and it is
printed at the bottom of the cheque.

3. MICR CODE

4. USES OF MICR

5. CONCLUSION:
• Each and every bank has MICR code for processing the cheque.
Get all bank MICR code, IFSC code, and other bank details from
indianbankdetails.com
• http://indianbankdetails.com/