Karnataka Gramin Bank Madhure
Madhure · Chitradurga, Karnataka
577697625 is the MICR code for the Madhure branch of Karnataka Gramin Bank, located in Chitradurga, 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 PKGB0010918.
Bank
Karnataka Gramin Bank
Branch & Address
Madhure
The Manager, Karnataka Grameena Bank, Madhure Branch, Hosadurga Taluk, Chitradurga District, Pin577 527
Chitradurga, Hosadurga, Karnataka
Contact
+918199280060MICR Code Structure
577
City
697
Bank
625
Branch
City code 577 identifies the RBI clearing centre, bank code 697 identifies Karnataka Gramin Bank, and branch code 625 identifies this specific branch.
Online Payment Methods Supported
Other Karnataka Gramin Bank branches near Chitradurga
Other banks in Chitradurga, Karnataka
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 (PKGB0010918) 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 577697625 is in the middle, and your account number is on the right.