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Pragathi Krishna Bank Bengaluru South Bengaluruu Karnataka MICR CODE

Find MICR Codes for Pragathi Krishna Bank Bengaluru South Bengaluruu Karnataka

MICR Code
Bank Pragathi Krishna Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kodathi
Contact
Bank Details Pragathi Krishna Gramin Bank Kodathi PKGB0012496
Location Bengaluru South, Bengaluruu
City Bengaluru South
District Bengaluruu
State Karnataka
Pincode
Country IN
Address Kodathi gate
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 Kodathi 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, Kodathi branch makes the system almost error free and faster. Use of Pragathi Krishna Gramin Bank MICR codes for Kodathi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Pragathi Krishna Gramin Bank are available with micr code -

>>Banshankari >>Chandrappa Circle >>Channasandra Blr >>Doddathoguru >>Govinda Shetty Palya >>Hosakerehally >>Hulimavu >>Kengeri Satelite Town >>Kodathi >>Kodipalya >>Konanakunte >>Kumbalagodu >>Srinagar >>Tavarekere >>Uttarahalli >>Weavers Colony

MICR code for Pragathi Krishna Bank Kodathi

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

Use of Pragathi Krishna Gramin Bank MICR code for Kodathi branch in bengaluru south

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