MICR CODE
MICR code is a code printed on cheques usingMICR (Magnetic Ink Character Recognition technology). This enables identification of the cheques and which in turns means faster processing. An MICR code is a 9-digit codethat uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).
MICR Codes of Bank Branches under the jurisdiction of locations not covered by grid based CTS (updated as on Jun 19, 2013) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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