Banded iron formation (BIF) is chemical marine sedimentary rock that was exclusive to the Precambrian. They constitute a significant component of early crust and provide valuable insights into the tectonic evolution, ancient environmental changes, and primitive life activities on early Earth. BIF exhibits distinctive rhythmic band at various scales. Despite considerable progress in understanding the sources of ore-forming materials and depositional conditions of BIF, ongoing debate persists regarding the formation of bands at different scales. In recent years, geologists have identified numerous reliable Milankovitch cycles records within BIF stratigraphy, leading to innovative theories proposing astronomical forcing as a driving factor for the formation of diverse rhythmic bands in BIF. This paper presents a comprehensive review on cyclostratigraphy in BIF, with specific focus on exploring the impact of climate change driven by Earth's orbital parameters on BIF. Furthermore, this study presents key unresolved issues and explores future prospects for cyclostratigraphic studies on BIF in the North China Craton.