Investopedia / Paige McLaughlin A magnetic ink character recognition (MICR) line is the unique series ... transit number is a nine-digit numerical code that banking and other financial ...

The IFSC and MICR codes of all branches of erstwhile Lakshmi Vilas Bank have changed after the amalgamation with DBS Bank India. “While the new codes have been active since October 25 ...

Customers of the erstwhile banks will have to get new cheque books with changed IFSC and MICR codes, UBI said in a statement. The Indian Financial System Code (IFSC) is used to identify a ...