Find MICR code for Banks branches in India

(Select Bank Name then State then District then branch to see Details)


MICR - Magnetic Ink Character Recognition.

MICR Code is a character-recognition technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents. The MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes the document-type indicator, bank code, bank account number, cheque number, cheque amount, and a control indicator.

How MICR Code Is Formed?

It is a nine digit numeric code where every three digits implies some critical data about the bank and the exchange. The initial three digits of the MICR represent the city code which demonstrates the city in which the bank office is found. In the most of the cases it is the initial three numbers of PIN code like for Delhi the initial three numbers will be '110'. The following three digits represent the bank code i.e. the character of the bank and the last three digits represent the bank office code i.e the identity of the area of the bank office.

MICR Code, bank MICR code, bank of baroda, state bank of india, canara, punjab, Indian

Difference Between IFSC And MICR Code

  • The particular IFSC value is built to distinctively discover the financial institution divisions throughout Indian whereas MICR Signal is utilized to identify financial institution divisions for check clarifying along with on the internet exchange processes.
  • The MICR is an older technology as compare to IFSC which is much more advanced than MICR.

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