|
MICR stands for Magnetic Ink Character Recognition. MICR Code is a
numeric code which uniquely identifies a bank branch participating in the ECS Credit
scheme. MICR code consists of 9 digits e.g 400229128
- First 3 digits represent the city (400229128 )
- Next 3 digits represent the bank (400229128 )
- Last 3 digits represent the branch (400229128)
The MICR Code allotted to a bank branch is printed on the MICR band of cheque leaves
issued by bank branches. in the country. As on November 30, 2010 there are more
than 72,000 RTGS enabled bank branches.
This website is made available to know MICR code for a perticular bank branch that you are interested.
Click here to search MICR Code
Banks In India
Banks are devided into different groups in India.
Few of them are operates in rural secotor while others are operates in both rural as well as urban sector.
Each group has their own target markets. Each group has its own benifits and limitations in the view of how they operates in India.
Few of them are from India and few of them from Foreign as well.
Banks in India are divided into following groups
|