Karnataka Gramin Bank Napoklu
Napoklu · Madikere, Karnataka
571697154 is the MICR code for the Napoklu branch of Karnataka Gramin Bank, located in Madikere, 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 PKGB0012253.
Bank
Karnataka Gramin Bank
Branch & Address
Napoklu
Opposite Police Station Madikeri Taluk Kodagu District
Madikere, Madikere, Karnataka
Contact
+918272263515MICR Code Structure
571
City
697
Bank
154
Branch
City code 571 identifies the RBI clearing centre, bank code 697 identifies Karnataka Gramin Bank, and branch code 154 identifies this specific branch.
Online Payment Methods Supported
Other Karnataka Gramin Bank branches near Madikere
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 (PKGB0012253) 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 571697154 is in the middle, and your account number is on the right.