Abbreviation of - MAGNETIC INK CHARACTER RECOGNITION
Full from of MICR
What is the Full from of MICR
The full from of MICR is Magnetic Ink Character Recognition
Magnetic Ink Character Recognition is a character recognition system that uses special ink and characters. When a document that contains this ink needs to be read, it passes through a machine, which magnetizes the ink and then translates the magnetic information into characters. MICR technology is used by banks.