Magnetic Ink Character Recognition (MICR) is a printing technology used in the banking industry to print the MICR code. MICR code is a unique 9-digit code allocated by Reserve of India (RBI) to the bank branches in India which are contributing to Electronic Clearing System (ECS).
The MICR code is usually printed on the bottom of the cheque leaf which facilitates easy processing. Also, it is found on the first page of the bank passbook. The first three digits denote city code, the middle three digits denote bank code and the last three digits denote branch code. With this code, machines can process cheques faster.
MICR code is mandatory for online fund transfers. As the MICR code is printed with magnetic ink, machines can easily read the code, thus minimizes errors.
By using online MICR code finder, you can easily find your bank’s MICR code. To find MICR code, provide your bank’s name, state, district and bank branch. The MICR code will appear along with the details of your bank branch.
Don't know your IFSC Code? Worry not. Banksifsccode.co.in provides an easy yet effective IFSC Code finder tool to tell the exact IFSC Code of your location on a click of button.
Click "Locate My IFSC Code" button to know the exact IFSC Code of your location.You can also use the IFSC Code finder tool to search the IFSC Code by post office State,City,District,Taluk and by Name.Locate My IFSC
Indian Financial System Code (IFSC) is a unique 11-digit code allocated by Reserve Bank of India (RBI) to each bank branches in India which are contributing to online fund transfer systems like RTGS (Real-Time Gross Settlement), NEFT (National Electronic Fund Transfer) and IMPS (Immediate Payment Service).Find Out More