MICR Code Bank
Find MICR code for Varachha Bank branches in India for NEFT and RTGS transfer

Varachha Bank MICR CODE

Find MICR Codes for Varachha Bank

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  1. The Varachha Co-Op. Bank Ltd »
  2. Gujarat »
  3. surat »
  4. surat »
  5. yogi chowk

Find MICR Codes for Varachha Bank

MICR Code: 395289010
Bank: The Varachha Co-Op. Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Yogi Chowk
Contact: 0261-4007011,0261-4007013,0261-4008014,Yogichowk@varachhabank.Com
Bank Details: The Varachha Co-Op. Bank Ltd Yogi Chowk VARA0289012
Location: Surat, Surat
City: Surat
District: Surat
State: Gujarat
Pincode: 395010
Country: IN
Address: Shop no.9 to 15, 1st floor, swapn residency, nr. Water tank, yogi chowk,surat-395010

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

MICR code for Varachha Bank

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

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

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