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Pragathi Krishna Bank Kolar Mulbagalu Karnataka MICR CODE

Find MICR Codes for Pragathi Krishna Bank Kolar Mulbagalu Karnataka

MICR Code
Bank Pragathi Krishna Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mandikalb
Contact 233717
Bank Details Pragathi Krishna Gramin Bank Mandikalb PKGB0010732
Location Kolar, Mulbagalu
City Kolar
District Mulbagalu
State Karnataka
Pincode 562131
Country IN
Address The manager, pragathi krishna gramin bank, via koladevi, mandikal-b branch, mulbagalu taluk, kolar district562 131
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.

Search Pragathi Krishna Bank MICR Codes in mulbagalu

You can search through MICR Codes of Karnataka branches in kolar of District mulbagalu in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Pragathi Krishna Gramin Bank are available with micr code -

>>Mandikalb

How to find MICR codes for Pragathi Krishna Bank in kolar?

Pragathi Krishna Bank kolar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Pragathi Krishna Gramin Bank MICR codes list for kolar, one can further search by branch name specified in the table. You can find MICR codes for all Pragathi Krishna Bank kolar branches.

Pragathi Krishna Gramin Bank MICR code in kolar

Pragathi Krishna Bank MICR code is a character recognition technology used by banks in the processing of cheques. Pragathi Krishna Gramin Bank MICR code for kolar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Pragathi Krishna Bank branches in kolar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Pragathi Krishna Bank MICR code for kolar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Pragathi Krishna Bank kolar branch, sprinted 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. Thus MICR code for Pragathi Krishna Gramin Bank kolar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Pragathi Krishna Bank MICR codes for kolar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!