do micr codes change?

POSTED BY dipak kalola ON April 6, 2013 10:11 am COMMENTS (3)

hi all learned people,

i need to provide micr code of my bank. when searched on web, the last 4 characters r different. when i asked my bank, again it is not the same. And when i checked  my latest cheque book, the code is different. So my confusion is: does micr code of a bank tend to change over a period of time? who to believe? i think websites r the least to rely upon.

N.B. when i asked sbi helpline, they also gave me the code that is found on websites.

thanx

DK

3 replies on this article “do micr codes change?”

  1. Ashal Jauhari says:
    April 9, 2013 at 2:36 pm

    Dear Dipak, you are always welcome. Please keep visiting forum.

    Thanks

    Ashal

    Reply
  2. Ashal Jauhari says:
    April 8, 2013 at 12:55 am

    Dear Dipak, this is the most authentic source for MICR.

    http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=2051

    If it’s different then what’s written in your cheque book, it’s time to change at least your branch if not bank itself. 🙂

    Thanks

    Ashal

    Reply
    1. dipak kalola says:
      April 9, 2013 at 9:53 am

      Thanks Ashal for providing the link. Yes the micr code on cheque and on RBI site r same.
      Surprisingly still SBI helpline gives the code thats found on other sites. Bank managers r sometimes not abreast with the latest.
      again thanks a lot.

      Reply

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