MICR Full Form — Meaning, Definition & Uses
MICR stands for Magnetic Ink Character Recognition. A technology that reads characters printed in magnetic ink on the bottom of checks to facilitate…
TL;DR: MICR stands for Magnetic Ink Character Recognition. A technology that reads characters printed in magnetic ink on the bottom of checks to facilitate…
Written & reviewed by the Syllab.in Academic Team (CBSE/NCERT subject experts) · Updated
MICR stands for Magnetic Ink Character Recognition.
A technology that reads characters printed in magnetic ink on the bottom of checks to facilitate automatic check processing and clearing in Indian banks. M
MICR Full Form in Detail
The abbreviation MICR expands to Magnetic Ink Character Recognition and is commonly used in Banking. Knowing what MICR stands for helps you read questions, notes and notices faster.
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