Overview of IFSC Code VARA0289020: The IFSC code VARA0289020 uniquely identifies the The Varachha Cooperative Bank Limited branch located at Kargil Chowk Punagam Branch in the Surat district of Gujarat. This 11-digit alphanumeric code is mandatory for routing electronic fund transfers like NEFT, RTGS, and IMPS to the correct bank account.

IFSC Code VARA0289020 - The Varachha Cooperative Bank Limited Kargil Chowk Punagam Branch

VARA0289020 The Varachha Cooperative Bank Limited Surat Surat Gujarat

SHOP NO. 110 TO 113 1ST FLOOR NILKANTH PLAZA NR BALAJI RESIDENCY KARGIL CHOWK PUNAGAM

View all The Varachha Cooperative Bank Limited branches
Quick Info

IFSC: VARA0289020

District: SURAT

Status: Active

About The Varachha Cooperative Bank Limited Kargil Chowk Punagam Branch

IFSC Code VARA0289020 belongs to The Varachha Cooperative Bank Limited Kargil Chowk Punagam Branch branch located in Surat, Surat, Gujarat. This branch serves customers in Surat, Surat, Gujarat and surrounding areas.

Understanding IFSC Code VARA0289020

The IFSC (Indian Financial System Code) VARA0289020 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:

  • First 4 characters (VARA): Bank code identifying The Varachha Cooperative Bank Limited
  • 5th character (0): Reserved for future use (always 0)
  • Last 6 characters (289020): Unique branch identifier for Kargil Chowk Punagam Branch
Electronic Fund Transfer Services

IFSC Code VARA0289020 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:

NEFT (National Electronic Funds Transfer)

Batch processing system for fund transfers. Available Yes at this branch.

Processing: Multiple batches daily, typically settles within 2 hours during banking hours.

RTGS (Real Time Gross Settlement)

Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.

Processing: Real-time settlement, typically within minutes during RTGS hours.

IMPS (Immediate Payment Service)

24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.

Processing: Instant transfer, available 24/7 including holidays.

UPI (Unified Payments Interface)

Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.

Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.

Branch Location and Accessibility

The The Varachha Cooperative Bank Limited Kargil Chowk Punagam Branch branch is located at SHOP NO. 110 TO 113 1ST FLOOR NILKANTH PLAZA NR BALAJI RESIDENCY KARGIL CHOWK PUNAGAM in Surat, Surat, Gujarat. This location serves customers in Surat, Surat, Gujarat and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code VARA0289020 to ensure the transaction is routed correctly.

How to Use IFSC Code VARA0289020

When making online fund transfers to an account at this branch, you will need:

  1. IFSC Code: VARA0289020 (for NEFT, RTGS, IMPS)
  2. Account Number: The recipient's account number
  3. Account Holder Name: As registered with the bank
Important: Always verify the IFSC code before initiating any fund transfer. Incorrect IFSC codes can result in failed transactions or funds being sent to the wrong branch. This IFSC code information is verified from official Reserve Bank of India (RBI) records and is updated regularly to ensure accuracy.
Finding Other The Varachha Cooperative Bank Limited Branches

If you're looking for other The Varachha Cooperative Bank Limited branches in Surat, Surat, Gujarat or nearby areas, use our The Varachha Cooperative Bank Limited branch finder. You can search by city, district, or state to find all The Varachha Cooperative Bank Limited branches with their respective IFSC codes.

Branch Details
IFSC Code: VARA0289020
Bank Name: The Varachha Cooperative Bank Limited
Branch Name: Kargil Chowk Punagam Branch
Address: SHOP NO. 110 TO 113 1ST FLOOR NILKANTH PLAZA NR BALAJI RESIDENCY KARGIL CHOWK PUNAGAM
City: Surat
District: Surat
State: Gujarat
Payment Services Available
NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available
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The Varachha Cooperative Bank Limited Kargil Chowk Punagam Branch Branch IFSC Code VARA0289020 — Complete Banking Guide for Surat, Gujarat

IFSC code VARA0289020 belongs to the Kargil Chowk Punagam Branch branch of The Varachha Cooperative Bank Limited in Surat, Surat district, Gujarat. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC VARA0289020 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.

About The Varachha Cooperative Bank Limited, Kargil Chowk Punagam Branch Branch

The Kargil Chowk Punagam Branch branch of The Varachha Cooperative Bank Limited in Surat, Gujarat serves retail and corporate customers in Surat district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC VARA0289020 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.

Payment Methods Using IFSC VARA0289020

Four primary digital payment rails use IFSC VARA0289020 for transfers to The Varachha Cooperative Bank Limited, Kargil Chowk Punagam Branch: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC VARA0289020 against the RBI IFSC master list before processing the payment.

MICR Code and Branch Details

In addition to the IFSC, the Kargil Chowk Punagam Branch branch of The Varachha Cooperative Bank Limited in Surat carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC VARA0289020 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.

How to Verify IFSC VARA0289020 Before Transferring

Before initiating any high-value transfer to IFSC VARA0289020, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) The Varachha Cooperative Bank Limited's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.

FAQs — The Varachha Cooperative Bank Limited Kargil Chowk Punagam Branch, Surat IFSC

What is the IFSC of The Varachha Cooperative Bank Limited Kargil Chowk Punagam Branch in Surat?

The IFSC of The Varachha Cooperative Bank Limited, Kargil Chowk Punagam Branch branch in Surat, Gujarat is VARA0289020. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.

What is the minimum amount for NEFT to IFSC VARA0289020?

There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC VARA0289020 to route funds to The Varachha Cooperative Bank Limited, Kargil Chowk Punagam Branch, Surat.

Who assigns IFSC codes like VARA0289020?

The Reserve Bank of India (RBI) assigns all IFSC codes in India. The Varachha Cooperative Bank Limited applied for the IFSC for its Kargil Chowk Punagam Branch branch in Surat, and RBI issued VARA0289020 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.

Can I use IFSC VARA0289020 for UPI payments?

UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC VARA0289020 at The Varachha Cooperative Bank Limited, Kargil Chowk Punagam Branch, Surat. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC VARA0289020.

About IFSC Code VARA0289020

IFSC Code VARA0289020 belongs to The Varachha Cooperative Bank Limited branch Kargil Chowk Punagam Branch located in Surat, Surat, Gujarat.

Branch Information

  • IFSC Code: VARA0289020
  • Bank: The Varachha Cooperative Bank Limited
  • Branch: Kargil Chowk Punagam Branch
  • Address: SHOP NO. 110 TO 113 1ST FLOOR NILKANTH PLAZA NR BALAJI RESIDENCY KARGIL CHOWK PUNAGAM
  • City: Surat
  • District: Surat
  • State: Gujarat

Payment Services

  • NEFT: Available
  • RTGS: Available
  • IMPS: Available
  • UPI: Available
Note: IFSC (Indian Financial System Code) is an 11-character code used to identify bank branches for electronic fund transfers (NEFT, RTGS, IMPS). Always verify the IFSC code before initiating any transaction.

Frequently Asked Questions

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches for electronic fund transfers. You can find IFSC code using our IFSC code search tool by entering the bank name, branch name, or the IFSC code itself.

To check IFSC code, use our IFSC code search tool. Enter the bank name and branch name, or search by IFSC code directly. You can also find banks near me by searching with your location.

IFSC code format consists of 11 characters: first 4 characters represent the bank name, followed by a zero (0), and the last 6 characters represent the branch code. For example, HDFC0001234 where HDFC is the bank code and 001234 is the branch code.

To find banks near me, use our IFSC finder tool. Enter your city or location, and we will show you all nearby bank branches with their IFSC codes, addresses, and contact details.

IFSC code is used for electronic fund transfers (NEFT, RTGS, IMPS) and is 11 characters long. MICR code is used for cheque processing and is 9 digits long. Both codes uniquely identify a bank branch.

You can verify IFSC code using our check IFSC code tool. Enter the IFSC code, and we will display the complete branch details including bank name, branch name, address, and available payment services (NEFT, RTGS, IMPS, UPI).

Yes, IFSC code is required for all electronic fund transfer methods including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). Our tool shows which services are available for each branch.

To get IFSC code by bank name and branch, use our search tool. Select "Search by Bank & Branch" option, enter the bank name (e.g., The Varachha Cooperative Bank Limited) and branch name, and we will display the complete IFSC code details.