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MICR Code of THE VARACHHA COOPERATIVE BANK LIMITED SURAT PUNAGAM BRANCH Branch

IFSC Code VARA0289007
(Used for RTGS and NEFT transactions)
MICR Code 395289008
Bank THE VARACHHA COOPERATIVE BANK LIMITED
Address RESMA RESIDENCY, NEAR PUNAGAM CANAL ROAD, PUNAGAM SURAT-395010
City SURAT
District SURAT
State GUJARAT
Branch PUNAGAM BRANCH
Phone Number 2614008131
Address RESMA RESIDENCY, NEAR PUNAGAM CANAL ROAD, PUNAGAM SURAT-395010
What is IFSC Code ?

The Indian Financial System Code (IFSC Code) is an alphanumeric code that uniquely identifies a bank-branch participating in the two main Electronic Funds Settlement Systems in India: the Real Time Gross Settlement (RTGS) and the National Electronic Funds Transfer (NEFT) Systems.

MICR-Code Results

IFSC Code of THE VARACHHA COOPERATIVE BANK LIMITED - PUNAGAM BRANCH branch is VARA0289007, MICR CODE: 395289008 City : SURAT, District SURAT, State: GUJARAT Address : RESMA RESIDENCY, NEAR PUNAGAM CANAL ROAD, PUNAGAM SURAT-395010, Phone Number: 2614008131

What is MICR Code ?

Magnetic Ink Character Recognition Code (MICR Code) is a character-recognition technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents.

What is SWIFT Code ?

ISO 9362 (also known as SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) defines a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions.

What is RTGS ?

Real-time gross settlement systems (RTGS) are specialist funds transfer systems where transfer of money or securities takes place from one bank to another on a "real time" and on "gross" basis. Settlement in "real time" means payment transaction is not subjected to any waiting period.

MICR-Code Results

IFSC Code of THE VARACHHA COOPERATIVE BANK LIMITED - PUNAGAM BRANCH branch is VARA0289007, MICR CODE: 395289008 City : SURAT, District SURAT, State: GUJARAT Address : RESMA RESIDENCY, NEAR PUNAGAM CANAL ROAD, PUNAGAM SURAT-395010, Phone Number: 2614008131

what is NEFT ?

Neft stands for National Electronic Funds Transfer and is a payment system which facilitates one-to-one funds transfer. Like RTGS, Neft also transfers funds from one bank, but unlike RTGS the settlement takes place in batches (that may include transfers from various individuals) rather than individually.

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