MICR Code Bank
Find MICR code for Pragathi Krishna Bank branches in India for NEFT and RTGS transfer

Pragathi Krishna Bank MICR CODE

Find MICR Codes for Pragathi Krishna Bank

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  1. Pragathi Krishna Gramin Bank »
  2. Karnataka »
  3. chitradurga »
  4. chitradurga »
  5. district court complex

Find MICR Codes for Pragathi Krishna Bank

MICR Code: -NA-
Bank: Pragathi Krishna Gramin Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: District Court Complex
Contact:
Bank Details: Pragathi Krishna Gramin Bank District Court Complex PKGB0010885
Location: Chitradurga, Chitradurga
City: Chitradurga
District: Chitradurga
State: Karnataka
Pincode: 577501
Country: IN
Address: The manager,pragathi krishna gramin bank,district court complex,chitradurga town,chitradurga district

How does MICR code for 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 of Pragathi Krishna Gramin Bank, branch makes the system almost error free and faster. Use of Pragathi Krishna Gramin Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Pragathi Krishna Bank

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 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. is the MICR code of Pragathi Krishna Bank for branch. MICR code for 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 is presented in the table alongside.

Use of Pragathi Krishna Gramin Bank MICR code for branch in chitradurga

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