Hindi, asked by Anonymous, 7 months ago

WHAT IS THE FULL FORM OF MICR.

Answers

Answered by Anonymous

28

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).Aug 21, 2019

Answered by Nehaa48

3

Answer:

Magnetic Ink Character Recognition technology.

Explanation:

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.

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