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Varachha Co-operative Bank · Surat

VARA0289007: Varachha Co-operative Bank, Punagam Branch

IFSC code VARA0289007 belongs to the Punagam Branch branch of Varachha Co-operative Bank in Surat, Gujarat. Its MICR code is 395289008.

IFSC
VARA0289007
MICR
395289008
Bank
Varachha Co-operative Bank
Branch
Punagam Branch
District
Surat
State
Gujarat
Phone
+912616918241

Branch address

Varachha Co-operative Bank
Resma Residency, Near Punagam Canal Road, Punagam Surat-395010

Open in a map · Pincode 395010: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

VARA is Varachha Co-operative Bank's bank code, the fifth character 0 is kept for future use, and 289007 is the code of the Punagam Branch branch. In the MICR code 395289008, 395 is the city, 289 the bank and 008 the branch.

Other Varachha Co-operative Bank branches in Surat

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

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Common questions.

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  1. The IFSC of Varachha Co-operative Bank's Punagam Branch branch (Surat, Gujarat) is VARA0289007.

  2. 395289008. MICR is printed at the bottom of the branch's cheques.

  3. Resma Residency, Near Punagam Canal Road, Punagam Surat-395010

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC VARA0289007 with the beneficiary's account number.

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