Varachha Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Varachha Bank Surat Surat Gujarat

MICR Code: 395289007
Bank: The Varachha Co-Op. Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Katargam
Contact: 0261-4008116
Bank Details: The Varachha Co-Op. Bank Ltd Katargam VARA0289006
Location: Surat, Surat
City: Surat
District: Surat
State: Gujarat
Pincode: 395004
Country: IN
Address: Sardar Complex,Katargam Main Road, Near Bal Anath Ashram, Katargam-395004
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 395289007 for Katargam 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 395289007 of Varachha Co-Op Bank, Katargam branch makes the system almost error free and faster. Use of Varachha Co-Op Bank MICR codes for Katargam 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 Katargam

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 Katargam 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. 395289007 is the MICR code of Varachha Co-Operative Bank for Katargam branch. MICR code for Katargam 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 Katargam is presented in the table alongside.

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

The MICR code 395289007 is used in RBI cheque clearing process to identify the branch Katargam 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.