MICR's full form is Magnetic Ink Character Recognition. The MICR code is a 9-digit code that consists of 3 groups of numbers. You can locate the MICR code printed on a cheque leaf or the passbook's first page which is next to the cheque number. MICR is a code that is used in the banking sector. It has a completely unique print technology that is used to permit a machine to read, process, and record information.
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