Magnetic Ink Character Recognition Code MICR Code in Details
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Magnetic Ink Character Recognition Code MICR Code in Details
What is MICR Code? Magnetic Ink Character Recognition (MICR) is a technology used in banking to speed up and secure the processing of checks and other documents. The MICR code is a unique 9-digit code that helps in identifying the bank and branch where the account is held. Structure of MICR Code 1. City Code (First 3 Digits): Represents the ...
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