Karnataka Gramin Bank Yelahanka Iv Phase
Yelahanka Iv Phase · Bengaluru North, Karnataka
560697055 is the MICR code for the Yelahanka Iv Phase branch of Karnataka Gramin Bank, located in Bengaluru North, Karnataka. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code PKGB0012536.
Bank
Karnataka Gramin Bank
Branch & Address
Yelahanka Iv Phase
38/1, 38/2, Ground Floor, Vinayaka High Point, 4th Phase, Near Manasa Trinity Heart Hospital, Yelahanka New Town, Bengaluru North Taluk , Bengaluru Urban District - 560064
Bengaluru North, Bengaluru North, Karnataka
Contact
+917899840904MICR Code Structure
560
City
697
Bank
055
Branch
City code 560 identifies the RBI clearing centre, bank code 697 identifies Karnataka Gramin Bank, and branch code 055 identifies this specific branch.
Online Payment Methods Supported
Other Karnataka Gramin Bank branches near Bengaluru North
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (PKGB0012536) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 560697055 is in the middle, and your account number is on the right.