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The identification of magnetic ink characters, or MICR, is a technology used mostly by the banking industry to enable the printing and clearing of cheques and other papers. At the bottom of a cheque or other voucher, the MICR encoding, called the MICR line, usually includes the document form indicator, bank code , bank account number, cheque number and amount, plus some control indicator. The technology enables MICR readers to directly scan and read the data into a data collection system. Visit Our SBI Branch IFSC Code SBI IFSC Code Delhi SBI IFSC Code Mumbai SBI IFSC Code Chennai SBI IFSC Code Khurda SBI IFSC Code Sambalpur SBI IFSC Code Pune SBI IFSC Code Kolkata SBI IFSC Code Hyderabad SBI IFSC Code Bangalore SBI IFSC Code Ahmedabad SBI IFSC Code Jaipur SBI IFSC Code Vishakhapatnam SBI IFSC Code Patna SBI IFSC Code Nagpur SBI IFSC Code Surat SBI IFSC Code Kanpur SBI IFSC Code Vijayawada