MICR Code: 563697540

Bank: Pragathi Krishna Gramin Bank
IFSC Code: Pkgb0010828
MICR Code: 563697540
Address: The Manager, Pragathi Krishna Gramin Bank, Opp Govt Hospital,M G Road, Srinivasapura Town -563 135, Srinivasapura Taluk, Kolar District
City: Kolar
District: Srinivaspura
State: Karnataka

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 563697540.

  • In this case first three codes 563 is city code and it represents city Kolar.
  • Next three characters 697 represents bank Pragathi Krishna Gramin Bank.
  • Remaining characters which are 540 represents branch. In our case branch is located at address The Manager, Pragathi Krishna Gramin Bank, Opp Govt Hospital,M G Road, Srinivasapura Town -563 135, Srinivasapura Taluk, Kolar District.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.