Pragathi Krishna Bank Chitradurga Chitradurga Karnataka MICR CODE

Find MICR Codes for Pragathi Krishna Bank Chitradurga Chitradurga 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: Rtgs Ho
Contact:
Bank Details: Pragathi Krishna Gramin Bank Rtgs Ho PKGB0000001
Location: Chitradurga, Chitradurga
City: Chitradurga
District: Chitradurga
State: Karnataka
Pincode:
Country: IN
Address: P B No 70 , I.U.D.P. Lay-Out, N.H-4,Chitradurga
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 Rtgs Ho 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, Rtgs Ho branch makes the system almost error free and faster. Use of Pragathi Krishna Bank MICR codes for Rtgs Ho branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Pragathi Krishna Bank Rtgs Ho

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 Rtgs Ho 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 Rtgs Ho branch. MICR code for Rtgs Ho 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 Rtgs Ho is presented in the table alongside.

Use of Pragathi Krishna Bank MICR code for Rtgs Ho branch in chitradurga

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rtgs Ho 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.

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