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Browse Companies:. Find this comment offensive? This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others. It is printed on the bottom of the cheque and enables the identification of the cheque. MICR is used for the faster processing of cheques. Further, it can be defined as-. It is a 9 digit code and the digits in the group of 3 depict the following information-.
Usually, a cheque number consists of a unique six-digit number. It can be considered as an ID for the cheque. MICR code is a typically 9-digit code used for the faster processing of a transaction made using a cheque.
Exactly below the IFSC code, you can find the cheque number enclosed with double pipes. You can find the MICR code near the cheque number. You can locate the cheque number just below the column meant for the account number. Each character produces a unique waveform which is read and translated by the MICR read head. To be sure you may want to contact your financial institution for verification. It is a nine digit code, usually printed on cheque leaves.
MICR Code is used for processing cheques easily. Find the routing number on a check At the bottom of a check, you will see three groups of numbers.
The first group is your routing number, the second is your account number and the third is your check number.
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