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To aid MICR code centered Cheque Processing, instruments passing through clearing are required to be issued in a typical structure and described dimensions of 8” x three 2/3”. The devices needs to be printed on MICR code quality high-quality paper (the technical specs of which might be given in Annexure-II) that has a “study band” of five/eight” in width reserved at the bottom on which necessary particulars manifest in Distinctive MICR ink within the E-13B Font. Cheques are printed by accredited protection printers forming part of a panel that is taken care of by the Indian Banking companies’ Affiliation. The current panels of printers and paper makers are furnished in Annexure III and IV respectively.

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two.two The MICR code line developing while in the Examine Band is divided into 5 fields with distinctive delimiters separating Each individual area, the small print of that are as beneath:


Cheque serial range of six numeric digits preceded and followed by a delimiter. The alpha-numeric prefix to your serial amount Generally utilized by banking institutions must be printed outside the house the code line in near proximity, just higher than the read band, in usual ink.


Type discipline or town/bank/branch code selection consisting of nine digits followed by a delimiter. The main three digits represent town, the following a few show the bank and the last three digits signify the branch. The 9-digit sort code is unique for any lender branch in the region.

Details of the City Codes are given in Annexure V.

The bank code is a three-digit code quantity allotted towards the bank on an all-India basis. A listing of three digit financial institution code figures allotted to banks along with the three-letter abbreviation (alpha code) towards the respective lender is furnished in Annexure VI. Allotment of lender codes is centralized for the Workplace in the Main Normal Supervisor in-Charge, Section of data Technologies, Reserve Financial institution of India, Central Workplace, Shahid Bhagat Singh Marg, Mumbai-400001.Fax No.(022)2691557 and apps have to be routed from the President of your respective clearinghouse of which the bank can be a immediate member. Sub-customers are needed to current and acquire the clearing instruments through a Sponsor Lender that is a (direct) member on the Clearing Household.

The branch code is the last three digits from the 9-digit type code and is exclusive to a department in the town. Allotment of department codes is through the President of the Clearing Household of which the financial institution is a member; typically the service branch of the bank is allotted the department code of ‘001’.

A sub-member is going to be dealt with as though it were a department with the sponsoring bank. It would have the financial institution code selection allotted to the sponsor lender being accompanied by the branch code which might Typically start from 251.

An entire listing of 9-digit code amount allotted to every lender/department combined with the 3-letter alphabetical abbreviations for the clearing stamp may very well be obtained from your President in the involved Clearing House.


Account amount field, consisting of 6 digits accompanied by a delimiter, can be an optional industry. In the situation of Government Cheques issued by RBI by yourself, the account number is of seven digits. The federal government Account number is 10 digits in duration – seven digits transpiring while in the Account selection industry and a few from the transaction code area.


Transaction code industry comprising of two digits in all instruments besides Govt cheques drawn on RBI that have a three digit transaction code. Regulate paperwork – batch and block tickets – have A 3-digit illustration in the transaction code field. A full list of transaction codes and their representation is furnished in Annexure-VII.


The last field signifies the amount discipline and consists of thirteen digits bounded on either side by a delimiter. The quantity is encoded in paise without the decimal place.

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