Magnetic ink character recognition code , known in short as MICR code , is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents. MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes the document-type indicator, bank code , bank account number, cheque number, cheque amount (usually added after a cheque is presented for payment), and a control indicator ... HDFC BANK LTD Branches, All Branch Addresses, Phone, IFSC code , MICR code , Find IFSC, MICR Codes , Address, All Bank Branches in India, for NEFT, RTGS, ECS Transactions MICR ( Magnetic Ink Character Recognition ) is a technology that is used to identify magnetic ink characters printed on cheques. The MICR code is a 9-digit number located at the bottom of every cheque leaf that helps validate transaction authenticity. In short, MICR stands for Magnetic Ink Character Recognition , and an MICR code is the long string of numbers at the bottom of every check, which itself contains a routing number and an account number.
