Pragathi Krishna Bank Molakalmuru Chitradurga Karnataka MICR CODE

Find MICR Codes for Pragathi Krishna Bank Molakalmuru Chitradurga Karnataka

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Pragathi Krishna Gramin Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Molakalmuru
Contact
Bank Details	Pragathi Krishna Gramin Bank Molakalmuru PKGB0010750

Location	Molakalmuru, Chitradurga
City	Molakalmuru
District	Chitradurga
State	Karnataka
Pincode	577535
Country	IN
Address	The manager,pragathi krishna gramin bank,raidurga road,molakalmuru branch,molakalmuru taluk,chitradurga district577 535

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

A total of 6 branches of Pragathi Krishna Gramin Bank are available with micr code -

>>B G Kere >>B T Cross >>Hanagal >>Kondlahalli >>Molakalmuru >>Rampura C

MICR code for Pragathi Krishna Bank Molakalmuru

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

Use of Pragathi Krishna Gramin Bank MICR code for Molakalmuru branch in molakalmuru

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