Pragathi Krishna Bank Shimoga Shimoga Karnataka MICR CODE

Find MICR Codes for Pragathi Krishna Bank Shimoga Shimoga Karnataka

Bank
State
District
City
Branch
Address
MICR Code: -NA-
Bank: Pragathi Krishna Gramin Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Ro Shimoga
Contact:
Bank Details: Pragathi Krishna Gramin Bank Ro Shimoga PKGB0010503
Location: Shimoga, Shimoga
City: Shimoga
District: Shimoga
State: Karnataka
Pincode: 577201
Country: IN
Address: P.B. No 136, K.V.Venkataramaih Road,Near Hot,Shimoga
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 Ro Shimoga 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 Bank, Ro Shimoga branch makes the system almost error free and faster. Use of Pragathi Krishna Bank MICR codes for Ro Shimoga branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Pragathi Krishna Gramin Bank are available with micr code -

>>Ayanur >>Gajanur >>Ro Shimoga >>Sagar Gandhinagar >>Shimoga Main

MICR code for Pragathi Krishna Bank Ro Shimoga

Pragathi Krishna Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Pragathi Krishna Bank MICR code for Ro Shimoga 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 Gramin Bank for Ro Shimoga branch. MICR code for Ro Shimoga 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 Bank Ro Shimoga is presented in the table alongside.

Use of Pragathi Krishna Bank MICR code for Ro Shimoga branch in shimoga

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ro Shimoga and Pragathi Krishna 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 Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.

TOP