Varachha Bank Kamrej Surat Gujarat MICR CODE

Find MICR Codes for Varachha Bank Kamrej Surat Gujarat

Bank
State
District
City
Branch
Address
MICR Code: 395289003
Bank: The Varachha Co-Op. Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Kamrej
Contact: 0261-4008051
Bank Details: The Varachha Co-Op. Bank Ltd Kamrej VARA0289002
Location: Kamrej, Surat
City: Kamrej
District: Surat
State: Gujarat
Pincode: 394185
Country: IN
Address: Bhavani Complex, Kamrej Char Rasta, Kamrej- 394185
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 395289003 for Kamrej 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 395289003 of Varachha Co-Op Bank, Kamrej branch makes the system almost error free and faster. Use of Varachha Co-Op Bank MICR codes for Kamrej 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 -

>>Kamrej

MICR code for Varachha Bank Kamrej

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 Kamrej 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. 395289003 is the MICR code of Varachha Co-Operative Bank for Kamrej branch. MICR code for Kamrej 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 Kamrej is presented in the table alongside.

Use of Varachha Co-Op Bank MICR code for Kamrej branch in kamrej

The MICR code 395289003 is used in RBI cheque clearing process to identify the branch Kamrej 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.