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What Is MICR Code Of Icici Bank?

January 24, 2024 by David Martineau

What Is MICR Code Of Icici Bank? ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. It is used to identify the bank branch to which the cheque belongs. When a cheque goes for clearing, this code is read by a magnetic reader and then

What Is MICR 11?

January 24, 2024 by David Martineau

What Is MICR 11? MICR code is a code printed on cheques using MICR (Magnetic Ink Character Recognition technology). This enables identification of the cheques and which in turns means faster processing. An MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS). What is