MICR Full Form | Full Form of MICR

MICR Full Form - Magnetic Ink Character Recognition

  • Here, you’ll get the solution of following MICR related questions: full form of MICR, full form of MICR in computer, full form of MICR code, what is the full form of MICR , full form of MICR in banking.
  • MICR is a technology used in the recognition of originality of the document with the help of special ink and characters.
  • They're printed on rock bottom of bank cheques consisting of nine digits.
  • First three digit signifies about the town code, next three about represent bank code, and last three tells about the branch code. This is often called MICR code.
  • Earlier, cheques were processed manually. The clearance of cheques took tons of your time.
  • Day-by-day numbers of cheques were increasing making the processing difficult.
  • During the mid 1950s, Stanford Research Institute and General Electric Computer Laboratory developed first system to process cheques using MICR.
 Magnetic ink Character Recognition

Magnetic ink Character Recognition

How MICR Works

  • MICR code is printed on the document using two sort of font, one is E-13B and other is CMC-7.
  • The ink used may be a magnetic ink.
  • The MICR code is passed from the MICR reader which allows the characters to read efficiently which are obscured by other marks like stamp and signatures.


  • It is easily readable even if it's some stamp or signature over it.
  • It provides a high level security because it is difficult to follow the precise ink which makes it difficult to forge the document.
  • Error rate is extremely small.
  • It has a high standard demand.
  • MICR fonts which don't fulfill these demands are rejected.
  • The cartridges utilized in MICR are considerably expensive than the traditional cartridges.

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