Pragathi Krishna Bank Hiriyur Chitradurga Karnataka MICR CODE

Find MICR Codes for Pragathi Krishna Bank Hiriyur Chitradurga Karnataka

MICR Code
Bank Pragathi Krishna Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alur
Contact
Bank Details Pragathi Krishna Gramin Bank Alur PKGB0010938
Location Hiriyur, Chitradurga
City Hiriyur
District Chitradurga
State Karnataka
Pincode 577598
Country IN
Address The manager,pragathi krishna gramin bank,alur branch,hiriyur taluk,chitradurga district,pin - 577 598
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 Alur 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, Alur branch makes the system almost error free and faster. Use of Pragathi Krishna Gramin Bank MICR codes for Alur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Pragathi Krishna Gramin Bank are available with micr code -

>>Alur >>Aranakatte >>Bugujina Roppa >>Byadarahally >>Dharmapura >>Hariyabbe >>Hiriyur >>J G Hally >>Kandenahalli >>Maradihalli >>Metikurke >>Patrehalli >>V V Pura >>Yaraballi

MICR code for Pragathi Krishna Bank Alur

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 Alur 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 Alur branch. MICR code for Alur 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 Alur is presented in the table alongside.

Use of Pragathi Krishna Gramin Bank MICR code for Alur branch in hiriyur

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

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