IDFC FIRST Bank Ladvi
Ladvi · Khargone, Madhya Pradesh
451751501 is the MICR code for the Ladvi branch of IDFC FIRST Bank, located in Khargone, Madhya Pradesh. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code IDFB0041321.
Bank
IDFC FIRST Bank
Branch & Address
Ladvi
Khasra no 260-1-2, Ground Floor, Navalpura Maheshwar Road, Opp- Laxmi Narayan Colony, Village Ladvi, Tehsil Maheshwar, Distt Khargone, Madhya Pradesh-451221, Toll Free no 1800 419 8332
Khargone, Khargone, Madhya Pradesh
MICR Code Structure
451
City
751
Bank
501
Branch
City code 451 identifies the RBI clearing centre, bank code 751 identifies IDFC FIRST Bank, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other IDFC FIRST Bank branches near Khargone
Other banks in Khargone, Madhya Pradesh
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (IDFB0041321) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 451751501 is in the middle, and your account number is on the right.