Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 572697040 belongs to Karnataka Gramin Bank, Thumbadi branch in Tumkur, Karnataka. The matching IFSC code is PKGB0012432.
How to read MICR 572697040
572: the city code. It usually follows the first digits of the area's PIN code; here it is Tumkur.
697: the bank code, the same for every branch of Karnataka Gramin Bank in cheque clearing.
040: 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 (PKGB0012432 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 572697040 belong to?
Karnataka Gramin Bank, Thumbadi branch (Tumkur, Karnataka).
What is the IFSC code for MICR 572697040?
PKGB0012432.
What do the digits of 572697040 mean?
572 is the city code, 697 the bank code and 040 the branch code.
