Pragathi Krishna Bank Bhadravathi Shimoga Karnataka MICR CODE

Find MICR Codes for Pragathi Krishna Bank Bhadravathi Shimoga Karnataka

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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	Aralihally
Contact
Bank Details	Pragathi Krishna Gramin Bank Aralihally PKGB0010521

Location	Bhadravathi, Shimoga
City	Bhadravathi
District	Shimoga
State	Karnataka
Pincode
Country	IN
Address	Aralihally

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 Aralihally 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, Aralihally branch makes the system almost error free and faster. Use of Pragathi Krishna Gramin Bank MICR codes for Aralihally 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 -

>>Aralihally >>Barandur >>Bhadravathi >>Holehonnur >>Hutha Colony Bhadravathi >>Kallihal

MICR code for Pragathi Krishna Bank Aralihally

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

Use of Pragathi Krishna Gramin Bank MICR code for Aralihally branch in bhadravathi

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