IDFC FIRST Bank Agar Malwa Branch
Agar Malwa Branch · Agar Malwa, Madhya Pradesh
465751501 is the MICR code for the Agar Malwa Branch branch of IDFC FIRST Bank, located in Agar Malwa, 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 IDFB0042741.
Bank
IDFC FIRST Bank
Branch & Address
Agar Malwa Branch
Upper Ground Floor, House no 232, Survey No. 144-3, Near Vivekanand Colony, Agar Malwa, Chhawni Agar, District Agar M.p.465441, Toll Free Number 18004194332
Agar Malwa, Agar Malwa, Madhya Pradesh
MICR Code Structure
465
City
751
Bank
501
Branch
City code 465 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 Agar Malwa
Other banks in Agar Malwa, 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 (IDFB0042741) 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 465751501 is in the middle, and your account number is on the right.