Varachha Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Varachha Bank Surat Surat Gujarat

MICR Code: 395289006
Bank: The Varachha Co-Op. Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Kapodra
Contact: 0261-4008096
Bank Details: The Varachha Co-Op. Bank Ltd Kapodra VARA0289005
Location: Surat, Surat
City: Surat
District: Surat
State: Gujarat
Pincode: 395006
Country: IN
Address: Near Siddhkutir Mandir,Kapodra, Varachha Road, Surat-395006
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 395289006 for Kapodra 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 395289006 of Varachha Co-Op Bank, Kapodra branch makes the system almost error free and faster. Use of Varachha Co-Op Bank MICR codes for Kapodra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of The Varachha Co-Op. Bank Ltd are available with micr code -

>>A.K.Road Branch >>Adajan Branch >>Amroli Branch >>Hirabaug Branch >>Kapodra >>Kargil Chowk Punagam Branch >>Katargam >>Mota Varachha >>Pal Branch >>Ring Road >>Rtgs Ho >>Sarthana Branch >>Ved Dabholi Branch >>Yogi Chowk

MICR code for Varachha Bank Kapodra

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 Kapodra 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. 395289006 is the MICR code of Varachha Co-Operative Bank for Kapodra branch. MICR code for Kapodra 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 Kapodra is presented in the table alongside.

Use of Varachha Co-Op Bank MICR code for Kapodra branch in surat

The MICR code 395289006 is used in RBI cheque clearing process to identify the branch Kapodra 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.