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MICR code · Bagalkote

MICR code 587697056

MICR code
587697056
Karnataka Gramin Bank, Navalagi
✔ Verified in RBI list
Bank
Karnataka Gramin Bank
Branch
Navalagi
IFSC
PKGB0013297
Address
JAMKHANDI TQ,BAGALKOTE DIST
City
Bagalkote
District
Navalagi
State
Karnataka
City code
587
Bank code
697
Branch code
056
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 587697056 belongs to Karnataka Gramin Bank, Navalagi branch in Bagalkote, Karnataka. The matching IFSC code is PKGB0013297.

How to read MICR 587697056

  • 587: the city code. It usually follows the first digits of the area's PIN code; here it is Bagalkote.
  • 697: the bank code, the same for every branch of Karnataka Gramin Bank in cheque clearing.
  • 056: 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 (PKGB0013297 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 587697056 belong to?

Karnataka Gramin Bank, Navalagi branch (Bagalkote, Karnataka).

What is the IFSC code for MICR 587697056?

PKGB0013297.

What do the digits of 587697056 mean?

587 is the city code, 697 the bank code and 056 the branch code.

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