Back চুম্বকীয় কালি দ্বারা মুদ্রিত অক্ষর শনাক্তকরণ Bengali/Bangla Reconeixement de caràcters de tinta magnètica Catalan Magnetic ink character recognition Danish Magnetic Ink Character Recognition German Reconocimiento de caracteres por tinta magnética Spanish نویسهخوانی جوهر مغناطیسی Persian Reconnaissance des caractères à l'encre magnétique French קריאת תווים מגנטית HE MICR կոդ Armenian Magnetic ink character recognition Italian
Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents. MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes the document-type indicator, bank code, bank account number, cheque number, cheque amount (usually added after a cheque is presented for payment), and a control indicator. The format for the bank code and bank account number is country-specific.
The technology allows MICR readers to scan and read the information directly into a data-collection device. Unlike barcode and similar technologies, MICR characters can be read easily by humans. MICR encoded documents can be processed much faster and more accurately than conventional OCR encoded documents.