Bandhan Bank Kolasib
Kolasib · Kolasib, Mizoram
796750501 is the MICR code for the Kolasib branch of Bandhan Bank, located in Kolasib, Mizoram. 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 BDBL0001524.
Bank
Bandhan Bank
Branch & Address
Kolasib
12, Diakkawn Town Vill P.o. Kolashib, Mizorzm, PIN - 796081
Kolasib, Kolasib, Mizoram
Contact
+917640815241MICR Code Structure
796
City
750
Bank
501
Branch
City code 796 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 Kolasib
Other banks in Kolasib, Mizoram
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 (BDBL0001524) 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 796750501 is in the middle, and your account number is on the right.