With the introduction of MICR, the processing time of cheques has reduced considerably. RBI has introduced the MICR code to also reduce paper-based clearing process. MICR code is also used while filling up various transaction forms such as SIP etc. Thus, paving the way to an efficient and effective financial system. Hence, RBI developed this unique 9-digits code that is machine-readable and has zero chances of errors. RBI understood the possibilities of human errors and delays in manual cheque clearance. Once these details are mentioned, the MICR code of your bank branch will be displayed to you. Some information such as state, district, bank name and branch name will be asked to be picked up from the drop-down menu.
Third-party websites : Another simplest way is to use a third-party website like. You can also find the MICR code printed on the first page of your bank account book.Īt the RBI website : If you do not have a checkbook or can’t take up the hassle of finding one, then gaze through the official RBI website for the MICR code of all the India bank branches. To be even more precise, it can be seen next to the 6-digit number called the cheque number. One can easily find the MICR code printed at the footer area of the checkbook. On the checkbook : A lot of valuable details are mentioned in your checkbook/passbook. Below are the ways in which you can find your bank branch’s MICR code easily. Finding the MICR code is not a tough job.
0 kommentar(er)
