MICR Code
MICR code meaning, format, where to find it on a cheque, and how it differs from IFSC for bank transfers.
Quick answer
This guide answers: micr code. Use IFSCpin to verify IFSC/PIN details on structured pages (Search is noindex).
Details
What is MICR code?
MICR stands for Magnetic Ink Character Recognition. It is primarily used for cheque processing and clearing.
MICR vs IFSC
IFSC is used for NEFT/RTGS/IMPS transfers. MICR is used for cheque clearing processes.
If you are doing online transfer, you usually need IFSC, not MICR.
Where to find MICR code
MICR is printed on many cheque leaves (bottom line) and sometimes shown in netbanking account details.
FAQ
What is MICR code used for?
MICR is used for cheque processing and faster clearing. Online transfers typically require IFSC instead.
Is MICR required for NEFT/RTGS/IMPS?
No. For electronic transfers you need IFSC and account number.
Where can I find MICR on a cheque?
It is usually printed on the bottom of the cheque leaf along with cheque number and account information.