A MICR (Magnetic Ink Character Recognition) printer is a type of non-impact printer. Which print text using MICR (Magnetic ink Character Recognition) technology on checks and other negotiable document. The printed text on the check is also non as MICR fonts. The purpose of MICR code is a 9 digit code that uniquely identifies the bank and branch participating in ECS (Electronic Clearing System). This printer is basically used in bank.
For example: we can see below.
Fig: MICR Printer |