Karnataka Gramin Bank Kandagal
Kandagal · Bagalkote, Karnataka
587697006 is the MICR code for the Kandagal branch of Karnataka Gramin Bank, located in Bagalkote, 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 PKGB0013176.
Bank
Karnataka Gramin Bank
Branch & Address
Kandagal
Hungund Tq, Bagalkote Dist
Bagalkote, Kandagal, Karnataka
Contact
+919480699424MICR Code Structure
587
City
697
Bank
006
Branch
City code 587 identifies the RBI clearing centre, bank code 697 identifies Karnataka Gramin Bank, and branch code 006 identifies this specific branch.
Online Payment Methods Supported
Other Karnataka Gramin Bank branches near Bagalkote
Other banks in Bagalkote, 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 (PKGB0013176) 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 587697006 is in the middle, and your account number is on the right.