What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Pragathi Krishna Gramin Bank Old Jewargi Road Gulbarga Branch IFSC/MICR Code Details
Bank Name PRAGATHI KRISHNA GRAMIN BANK
Address TQ.GULBARGA DIST.GULBARGA
State KARNATAKA
District GULBARGA
Branch OLD JEWARGI ROAD
IFSC Code PKGB0011160
Branch Code 011160 (Last six characters of IFSC code represent Branch code.)
MICR Code 585697011
Contact Phone 232111
via https://bankingzone.in/ifsc

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