Varachha Bank Kadodara Surat Gujarat MICR CODE

Find MICR Codes for Varachha Bank Kadodara Surat Gujarat

Bank
State
District
City
Branch
Address
MICR Code: 395289005
Bank: The Varachha Co-Op. Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Kadodara
Contact: 0261-4008081
Bank Details: The Varachha Co-Op. Bank Ltd Kadodara VARA0289004
Location: Kadodara, Surat
City: Kadodara
District: Surat
State: Gujarat
Pincode: 394327
Country: IN
Address: Thakorji Complex, Kadodra Char Rasta, Kadodra-394327
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 395289005 for Kadodara branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 395289005 of Varachha Co-Op Bank, Kadodara branch makes the system almost error free and faster. Use of Varachha Co-Op Bank MICR codes for Kadodara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Varachha Co-Op. Bank Ltd are available with micr code -

>>Kadodara

MICR code for Varachha Bank Kadodara

Varachha Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Varachha Co-Op Bank MICR code for Kadodara is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 395289005 is the MICR code of Varachha Co-Operative Bank for Kadodara branch. MICR code for Kadodara branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Varachha Co-Op Bank Kadodara is presented in the table alongside.

Use of Varachha Co-Op Bank MICR code for Kadodara branch in kadodara

The MICR code 395289005 is used in RBI cheque clearing process to identify the branch Kadodara and Varachha Co-Op Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Varachha Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.

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