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Varachha Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Varachha Bank Surat Surat Gujarat

Bank
State
District
City
Branch
Address

MICR Code	395289002
Bank	The Varachha Co-Op. Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Rtgs Ho
Contact	2614008181
Bank Details	The Varachha Co-Op. Bank Ltd Rtgs Ho VARA0000001

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode	395003
Country	IN
Address	Mezanine floor,aadatiya awas,old bombay market,umarwada,

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 395289002 for Rtgs Ho 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 395289002 of Varachha Co-Op Bank, Rtgs Ho branch makes the system almost error free and faster. Use of Varachha Co-Op Bank MICR codes for Rtgs Ho branch, makes the characters readable even if there are other marks and stamps on it.

A total of 19 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 >>Kasa Nagar >>Katargam >>Mota Varachha >>Pal Branch >>Ring Road >>Rtgs Ho >>Sarthana Branch >>Service Branch >>Udhana Magdalla Road Brach >>Udhana Pandesara Road Branch >>Ved Dabholi Branch >>Vraj Chowk >>Yogi Chowk

MICR code for Varachha Bank Rtgs Ho

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 Rtgs Ho 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. 395289002 is the MICR code of Varachha Co-Operative Bank for Rtgs Ho branch. MICR code for Rtgs Ho 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 Rtgs Ho is presented in the table alongside.

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

The MICR code 395289002 is used in RBI cheque clearing process to identify the branch Rtgs Ho 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.