Magnetic Ink Character Reader(MICR) – Input Unit/Devices – Unit’s Of Computer

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MAGNETIC INK Character Reader- Computer Fundamental- mLand India Technologies

The Magnetic Ink Character Reader(MICR) is a device that can recognize human readable characters printed on documents such as cheques using a special magnetic ink. It can be read by both humans and MICR machines. It’s widely used by banks, government agencies and businesses worldwide. It is a technology used to verify the legitimacy or originality of paper documents, especially checks. This will help you save money in the long run and increase brand awareness.

what is a magnetic ink character reader

Do You Need Magnetic Ink To Print Checks?

However, for mobile check deposits, where consumers snap a picture of a check to make a deposit, there is no need for Magnetic Ink. If you print your checks without magnetic ink, but the check is passed through a magnetic reader, it will have to be processed manually.

What Is A Common Use For Magnetic Ink?

Magnetic Ink Character Recognition is used for the printing of bank checks on blank stock. Unlike toner (ink) used for general text printing, MICR toner has a high iron oxide content so that it can be read by electronic bank processing equipment.

What Are the Features Of MICR?

  1. The 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, and a control indicator.
  2. The use of MICR can enhance security and minimize the losses caused by some types of crime.

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