Varachha Bank Navsari Navsari Gujarat MICR CODE

Find MICR Codes for Varachha Bank Navsari Navsari Gujarat

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MICR Code
Bank The Varachha Co-Op. Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Navsari
Contact 02637- 281200
Bank Details The Varachha Co-Op. Bank Ltd Navsari VARA0289009
Location Navsari, Navsari
City Navsari
District Navsari
State Gujarat
Pincode 396445
Country IN
Address Snejhkunj appartment, railway station road, navsari-396445
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 396289061 for Navsari 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 396289061 of Varachha Co-Op Bank, Navsari branch makes the system almost error free and faster. Use of Varachha Co-Op Bank MICR codes for Navsari 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 -

>>Navsari

MICR code for Varachha Bank Navsari

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 Navsari 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. 396289061 is the MICR code of Varachha Co-Operative Bank for Navsari branch. MICR code for Navsari 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 Navsari is presented in the table alongside.

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

The MICR code 396289061 is used in RBI cheque clearing process to identify the branch Navsari 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.

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