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Pragathi Krishna Bank Kudligi Bellary Karnataka MICR CODE

Find MICR Codes for Pragathi Krishna Bank Kudligi Bellary Karnataka

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Pragathi Krishna Gramin Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Banvikal
Contact
Bank Details	Pragathi Krishna Gramin Bank Banvikal PKGB0010542

Location	Kudligi, Bellary
City	Kudligi
District	Bellary
State	Karnataka
Pincode	583126
Country	IN
Address	The manager, pragathi krishna gramin bank,banavikal branch kudligi talukbellary district pin583 126

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Banvikal branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Pragathi Krishna Gramin Bank, Banvikal branch makes the system almost error free and faster. Use of Pragathi Krishna Gramin Bank MICR codes for Banvikal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Pragathi Krishna Gramin Bank are available with micr code -

>>Banvikal >>Gudekote >>Hurulihal >>Kottur >>Kudligi >>M.Hosahalli >>Ramadurga >>Thyakanahalli >>Ujjini

MICR code for Pragathi Krishna Bank Banvikal

Pragathi Krishna Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Pragathi Krishna Gramin Bank MICR code for Banvikal is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Pragathi Krishna Bank for Banvikal branch. MICR code for Banvikal branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Pragathi Krishna Gramin Bank Banvikal is presented in the table alongside.

Use of Pragathi Krishna Gramin Bank MICR code for Banvikal branch in kudligi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Banvikal and Pragathi Krishna Gramin Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Pragathi Krishna Bank is typically in either of these two font’s: E-138 and CMC-7.