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Pragathi Krishna Bank Magadi Ramanagara Karnataka MICR CODE

Find MICR Codes for Pragathi Krishna Bank Magadi Ramanagara Karnataka

MICR Code
Bank Pragathi Krishna Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Solur
Contact
Bank Details Pragathi Krishna Gramin Bank Solur PKGB0012176
Location Magadi, Ramanagara
City Magadi
District Ramanagara
State Karnataka
Pincode
Country IN
Address Solur magadi taluk ramanagara district
MICR Code
Bank Pragathi Krishna Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Magadi
Contact
Bank Details Pragathi Krishna Gramin Bank Magadi PKGB0012183
Location Magadi, Ramanagara
City Magadi
District Ramanagara
State Karnataka
Pincode
Country IN
Address Near kalya gate magadi taluk ramanagara district
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 ramanagara

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

A total of 2 branches of Pragathi Krishna Gramin Bank are available with micr code -

>>Magadi >>Solur

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

Pragathi Krishna Bank magadi 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 magadi, one can further search by branch name specified in the table. You can find MICR codes for all Pragathi Krishna Bank magadi branches.

Pragathi Krishna Gramin Bank MICR code in magadi

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 magadi 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 magadi, 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 magadi 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 magadi 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 magadi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Pragathi Krishna Bank MICR codes for magadi branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!