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Pragathi Krishna Bank Shimoga Shimoga Karnataka MICR CODE

Find MICR Codes for Pragathi Krishna Bank Shimoga Shimoga 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	Sagar Gandhinagar
Contact	279904
Bank Details	Pragathi Krishna Gramin Bank Sagar Gandhinagar PKGB0010995

Location	Shimoga, Shimoga
City	Shimoga
District	Shimoga
State	Karnataka
Pincode	577201
Country	IN
Address	Sagar-gandhinagar,shimoga

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

A total of 5 branches of Pragathi Krishna Gramin Bank are available with micr code -

>>Ayanur >>Gajanur >>Ro Shimoga >>Sagar Gandhinagar >>Shimoga Main

MICR code for Pragathi Krishna Bank Sagar Gandhinagar

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 Sagar Gandhinagar 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 Sagar Gandhinagar branch. MICR code for Sagar Gandhinagar 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 Sagar Gandhinagar is presented in the table alongside.

Use of Pragathi Krishna Gramin Bank MICR code for Sagar Gandhinagar branch in shimoga

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