Bandhan Bank Bimakhedi
Bimakhedi · Ratlam, Madhya Pradesh
457750501 is the MICR code for the Bimakhedi branch of Bandhan Bank, located in Ratlam, 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 BDBL0001371.
Bank
Bandhan Bank
Branch & Address
Bimakhedi
Patidar Sadan, Near to Bimakhedi Railway Crossing, Jaora Ratlam , Madhya Pradesh , Pin-457226
Ratlam, Bimakhedi, Madhya Pradesh
Contact
+919981613711MICR Code Structure
457
City
750
Bank
501
Branch
City code 457 identifies the RBI clearing centre, bank code 750 identifies Bandhan Bank, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Bandhan Bank branches near Ratlam
Other banks in Ratlam, 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 (BDBL0001371) 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 457750501 is in the middle, and your account number is on the right.