Which Is Micr Code in Cheque?

Which Is Micr Code in Cheque?

The MICR code is located on the bottom of a cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank savings account passbook.

Where can I find MICR code in SBI?

If an individual is looking for the IFSC and MICR code of State Bank of India, he/she can find it printed on the cheque book provided by the bank. It can also be found on the official website of SBI but also some third party financial websites and other fiscal comparison website portals.

What is MICR cheque?

Magnetic ink character recognition (MICR) is a technology used primarily to identify and process checks. The MICR on a check is the string of characters that appears at the bottom left of the check. It consists of three groups of numbers, including the bank routing number, the account number, and the check number.

Robert Thorne
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Robert Thorne

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.