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Pragathi Krishna Bank Shikaripura Shimoga Karnataka MICR CODE

Find MICR Codes for Pragathi Krishna Bank Shikaripura Shimoga Karnataka

MICR Code
Bank Pragathi Krishna Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shiralakoppa
Contact
Bank Details Pragathi Krishna Gramin Bank Shiralakoppa PKGB0010805
Location Shikaripura, Shimoga
City Shikaripura
District Shimoga
State Karnataka
Pincode 577428
Country IN
Address The manager, pragathi krishna gramin bank,shiralakoppa branch, shikaripura taluk, shivamogga district, pin577 428,
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 Shiralakoppa 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, Shiralakoppa branch makes the system almost error free and faster. Use of Pragathi Krishna Gramin Bank MICR codes for Shiralakoppa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Pragathi Krishna Gramin Bank are available with micr code -

>>Harogoppa >>Shikaripur >>Shiralakoppa

MICR code for Pragathi Krishna Bank Shiralakoppa

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

Use of Pragathi Krishna Gramin Bank MICR code for Shiralakoppa branch in shikaripura

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