MICR Full Form — Magnetic Ink Character Recognition
MICR full form is Magnetic Ink Character Recognition. MICR is a technology used by banks in India to process cheques using magnetic ink characters that can be read by machines, speeding up the cheque clearing
TL;DR: MICR full form is Magnetic Ink Character Recognition. MICR is a technology used by banks in India to process cheques using magnetic ink characters tha…
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