IFSC Code, MICR Codes for PRAGATHI KRISHNA GRAMIN BANK in KARNATAKA - BIDAR - BASAVAKALYAN - ALGUD

PRAGATHI KRISHNA GRAMIN BANK RTGS HO Branch in BASAVAKALYAN - Address, IFSC, MICR Code


IFSC Code

PKGB0011107

MICR Code

585697634

Branch

ALGUD

Contact

257507

Address

TQ.BASAVAKALYAN DIST.BIDAR

City

BASAVAKALYAN

District

BIDAR

State

KARNATAKA





What is IFSC Code of PRAGATHI KRISHNA GRAMIN BANK situated at ALGUD- RTGS-HO?
IFSC Code of PRAGATHI KRISHNA GRAMIN BANK situated at ALGUD - RTGS-HO is

PKGB0011107

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.