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MICR code · Bagalkote

MICR code 587697018

MICR code
587697018
Karnataka Gramin Bank, Lingnur
✔ Verified in RBI list
Bank
Karnataka Gramin Bank
Branch
Lingnur
IFSC
PKGB0013466
Address
JAMKHANDI TQ,BAGALKOTE DIST
City
Bagalkote
District
Lingnur
State
Karnataka
City code
587
Bank code
697
Branch code
018
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 587697018 belongs to Karnataka Gramin Bank, Lingnur branch in Bagalkote, Karnataka. The matching IFSC code is PKGB0013466.

How to read MICR 587697018

  • 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.
  • 018: 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 (PKGB0013466 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 587697018 belong to?

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

What is the IFSC code for MICR 587697018?

PKGB0013466.

What do the digits of 587697018 mean?

587 is the city code, 697 the bank code and 018 the branch code.

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