Investopedia / Paige McLaughlin A magnetic ink character recognition (MICR) line is the unique series of characters printed on a check that indicates the bank routing number, account number ...

If you are issuing a cheque to someone, then the most important thing is the cheque number. 2- MICR code It means Magnetic Ink Character Recognition (MICR). This code is read by a special cheque ...

you can know the status of the cheque by providing the cheque number. Magnetic ink character recognition or MICR comprises nine digits, which are further sub-divided as city, bank and branch code.

New Delhi: Syndicate Bank account holders have a big update from Canara Bank. Old IFSC code, and MICR on cheque book will longer be valid from July 1, 2021. Customers need to get Cheque Book with ...