Skip to main content

MICR Reader

What is MICR Reader?

The Magnetic Ink Character Recognition is widely used by a banks to process large volumes of cheques and a drafts. Therefore bottom line on all cheques and a drafts has a special characters which printed in a special font called a MICR. The Cheques are put inside a MICR reader. As they enter the reading unit the cheques are pass through the magnetic field which causes the read head to recognize the character of the cheques in a MICR line which uses a magnetic ink character recognition encoding. Therefore in the bottom of the cheque which contains a bank account number, a bank code, a cheque number, a cheque amounts and a control indicator. This are the banking process for filling a check form in a banks.

This technology scans and read directly in to a data collection device similar to a barcode technologies in which a humans are easily reads a MICR characters. Therefore a MICR characters are printed on a documents with one or two MICR fonts by using the magnetizable ink. This characters are read by a MICR reader head. Its waveform is easily identified by the system. The MICR readers is a primary tool for cheque which are utilized across the cheque distribution network at many stages. Finally the Magnetic Ink Character Recognition code is used for a reading the code line from the bank cheque book. The following pictures of a MICR reader and a MICR sample cheque are given below.
MICR Reader


Sample Bank Cheque

Labels:

Comments

Post a Comment

Popular posts from this blog

Virtual Private Network (VPN)

  What is Virtual Private Network (VPN)? A virtual private network (VPN) is a secure connection between two private networks over a public network (in other words, over the Internet). All the data that flows over the VPN is encrypted. So anyone who steals packets from the VPN will find them unintelligible; only the parties on either end of the VPN are able to decrypt the packets. VPN connections are often called tunnels. Because they provide an isolated pathway from one point to another through the Internet. The only way to gain meaningful access to a VPN tunnel is at either end. Example for VPN Connections VPNs are used for There are two common uses for VPNs: To provide remote workers with secure access to your company network: To do that, you set up a VPN on the router, and then provide your remote workers with the credentials necessary to access the VPN. The remote workers can run a software VPN client on their home computers or laptops to connect to
8 comments
Read more

VERSION CONTROL TOOL (SVN)

VERSION CONTROL TOOL In Project development several team members will be available Each developers will be developing some components in project All the developers may not be available in same office/location Q-1) How to integrate all the developers code ? Q-2) How to track changes happening to source code ? For the above two problems, Version Control Tool is the solution Version Control Tool provides Storage Capacity to store our project source code Version Control Tool provides Monitored Access (Who/When/Why/What) There are several version control tools are available in the market ·         SVN (Subversion) ·         GIT HUB ·         Bit Bucket etc…   SVN SVN stands for Subversion SVN is an Opensource software SVN is a version control software SVN follows Centralized Architecture SVN Architecture ·         SVN Server ·         SVN Client SVN Server will be installed in one remote computer SVN Server setup will be taken care by Adminis
Post a Comment
Read more

Motherboard

What is Motherboard? Motherboard If the processor is the brain of the computer, the motherboard is the heart of the computer. The motherboard is the main circuit board inside the computer and however, all the components and peripherals are attached to it. Therefore the most of the compute features like scalability and upgradeability depend on the motherboard. Computer Motherboard Components Components of Motherboard Key Assessable Parameters of Motherboard Form factor Chipset CPU Memory Audio Ports and Slots Headers and Connectors BIOS Form factor The root mean square value ratio to the average value ratio of the alternating current is called Form Factor and it is the ratio of the root mean square value to the average value is also known as the absolute value of the waveform. Measurements of Form Factor, Form Factor Formula Where RMS is Root Mean Square Value, AV is Average Value Ir.m.s is the root main square value of current, therefore Iav are
Post a Comment
Read more