Karnataka Gramin Bank Sastapur
Sastapur · Bidar, Karnataka
585697615 is the MICR code for the Sastapur branch of Karnataka Gramin Bank, located in Bidar, 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 PKGB0011067.
Bank
Karnataka Gramin Bank
Branch & Address
Sastapur
Tq.basavakalyan Dist.bidar
Bidar, Basavakalyan, Karnataka
Contact
+918481259074MICR Code Structure
585
City
697
Bank
615
Branch
City code 585 identifies the RBI clearing centre, bank code 697 identifies Karnataka Gramin Bank, and branch code 615 identifies this specific branch.
Online Payment Methods Supported
Other Karnataka Gramin Bank branches near Bidar
Other banks in Bidar, 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 (PKGB0011067) 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 585697615 is in the middle, and your account number is on the right.