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what is MICR CODE AND BSR CODE HOW IT WAS DIFFERENT?

Answer Posted / mr.roshan dahal

MICR means "Magnetic Ink Character Recognition" which are
unique code for a particular branch of a particular bank to
identify the bank

while BSR code is used by any authority to identify bank in
which such tranasction of govt occured.

Is This Answer Correct ?    32 Yes 14 No



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