Varachha Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Varachha Bank Surat Surat 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 Sarthana Branch
Contact 4007231
Bank Details The Varachha Co-Op. Bank Ltd Sarthana Branch VARA0289014
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395006
Country IN
Address 103,deepkamal commercial hub,nr.nature park,sarthana,surat-kamrej 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 395289012 for Sarthana Branch 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 395289012 of Varachha Co-Op Bank, Sarthana Branch branch makes the system almost error free and faster. Use of Varachha Co-Op Bank MICR codes for Sarthana Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Varachha Bank Sarthana Branch

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 Sarthana Branch 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. 395289012 is the MICR code of Varachha Co-Operative Bank for Sarthana Branch branch. MICR code for Sarthana Branch 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 Sarthana Branch is presented in the table alongside.

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

The MICR code 395289012 is used in RBI cheque clearing process to identify the branch Sarthana 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.

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