Utility News : What is the meaning of 16 digits printed on an ATM card?


The first digit printed on the ATM card tells who has issued the card. This number is also known as Major Industry Identifier.

The next 5 digits indicate the company that issued it. This is known as the Issue Identification Number.

The 9 digits after this are linked to the bank account number. This number is not your bank account number but it is linked to it.

Whereas the last number printed on the card is known as the check digit. This shows the validity of the card or say its validity.