The MICR code is an older code that was introduced by the Reserve Bank of India (RBI) in the early 1980's to SIMPLIFY fund transfer via checks or Demand Drafts (DD). MICR STANDS for Magnetic Ink Character Recognition and is a 9 digit numeric code that can be FOUND on all checks. The MICR code is printed on the bottom of the check or DD using a special magnetic ink. It is possible to extract the information in the MICR code using a special MACHINE even if there is some writing or stamping on top of the MICR code.

First three digits: The first three digits of a MICR code determine the city in which the bank account is held.

Next three digits: The next three digits of the MICR code is used to determine the bank.

Last three digits: The last three digits of the MICR code is used to IDENTIFY the bank branch.

The MICR code is an older code that was introduced by the Reserve Bank of India (RBI) in the early 1980's to simplify fund transfer via checks or Demand Drafts (DD). MICR stands for Magnetic Ink Character Recognition and is a 9 digit numeric code that can be found on all checks. The MICR code is printed on the bottom of the check or DD using a special magnetic ink. It is possible to extract the information in the MICR code using a special machine even if there is some writing or stamping on top of the MICR code.

First three digits: The first three digits of a MICR code determine the city in which the bank account is held.

Next three digits: The next three digits of the MICR code is used to determine the bank.

Last three digits: The last three digits of the MICR code is used to identify the bank branch.