Economics · Banking Technology

The 9-digit numeric code printed on banking instruments like cheques or demand drafts using magnetic ink is known as the:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1SWIFT Code
2IFSC Code
3MICR Code✓
4PIN Code

Correct answer

MICR Code

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The 9-digit numeric code printed on banking instruments like cheques or demand drafts using magnetic ink is known as the:

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The 9-digit numeric code printed on banking instruments like cheques or demand drafts using magnetic ink is known as the:

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