Question

what is full from of micr and what is it

Answer 1

Answer:

•Full form of micr = magnetic Ink character reconization.

•What it is = magnetic ink character recognition is a character recognization technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.

Explanation:

This must be helping you (because this is the very right answer for your question

Please Please now Mark me As "The Brainliest"

Answer 2

Answer:

MICR code is a code printed on cheques using MICR (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 code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).