Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 585697578 belongs to Karnataka Gramin Bank, Ramsamudra branch in Yadgir, Karnataka. The matching IFSC code is PKGB0011134.
How to read MICR 585697578
585: the city code. It usually follows the first digits of the area's PIN code; here it is Yadgir.
697: the bank code, the same for every branch of Karnataka Gramin Bank in cheque clearing.
578: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (PKGB0011134 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 585697578 belong to?
Karnataka Gramin Bank, Ramsamudra branch (Yadgir, Karnataka).
What is the IFSC code for MICR 585697578?
PKGB0011134.
What do the digits of 585697578 mean?
585 is the city code, 697 the bank code and 578 the branch code.