MICR code
450653511
Bank of India, Mpgb Bagmar
- Bank
- Bank of India
- Branch
- Mpgb Bagmar
- IFSC
- BKID0MG0264
- Address
- BAGMAR
- City
- Khandwa
- District
- Khandwa
- State
- Madhya Pradesh
- City code
- 450
- Bank code
- 653
- Branch code
- 511
- Home
- MICR search
- 450653511
MICR code · Khandwa
MICR code 450653511
✔ Verified in RBI list
How to read MICR 450653511
- 450: the city code. It usually follows the first digits of the area's PIN code; here it is Khandwa.
- 653: the bank code, the same for every branch of Bank of India in cheque clearing.
- 511: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (BKID0MG0264 for this branch).
Before you deposit or write a cheque
- Check that the MICR on the cheque matches the branch printed at the top of the leaf.
- Use a CTS-2010 cheque; older formats are no longer cleared.
- Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 450653511 belong to?
Bank of India, Mpgb Bagmar branch (Khandwa, Madhya Pradesh).
What is the IFSC code for MICR 450653511?
BKID0MG0264.
What do the digits of 450653511 mean?
450 is the city code, 653 the bank code and 511 the branch code.