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State wise List of The Varachha Cooperative Bank Limited IFSC code, MICR code and addresses of all branches in India.
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The Varachha Cooperative Bank Limited customers can transfer fund using National Electronic Funds Transfer (NEFT), Real Time Gross Settlement System (RTGS) as well as IMPS platforms. You can use either of these facilities to send money across different banks, different accounts, different states and different cities.
RTGS funds transfer can be used to send amounts of Rs. 1 lakh and above. You can go RTGS transfer through net banking or by walking into any of the branches. You must fill up a Fund Transfer Instruction form which is available at the The Varachha Cooperative Bank Limited. You need to provide the following information.
RTGS is available for customers to use on weekdays and Saturdays. It will not be available on Sundays and National holidays.
Fees & Charges for RTGS Transaction by The Varachha Cooperative Bank Limited :
|Amount||Charge(per transaction, excluding taxes)|
|INR 2 lakh(Minimum Amount)|
|Sum between INR 2 lakh to INR 5 lakh||
+ Applied Taxes
|Sum betwwen INR 5 lakh to INR 10 lakh||
+ Applied Taxes
NEFT can be used to transfer smaller amounts of money that do not exceed Rs. 99,999. To use this platform, customers can follow the same procedure as stated for RTGS. Fill up the Fund Transfer Instruction form available at the bank. You will need to furnish the information given below.
Fees & Charges for NEFT Transaction by The Varachha Cooperative Bank Limited :
|Cash up to INR 10,000||INR 2,50 + Applied Taxes|
|Sum between INR 10,000 and INR 1 lakh||INR 5 + Applied Taxes|
|Sum between INR 1 lakh and INR 2 lakh||INR 15 + Applied Taxes|
|Sum between INR 2 lakh and INR 5 lakh||INR 25 + Applied Taxes|
|Sum between INR 5 lakh and INR 10 lakh||INR 25 + Applied Taxes|
NEFT Transaction timings specified by The Varachha Cooperative Bank Limited:
|All days except Sundays, 2nd and 4th Saturdays||8:00 AM to 6:30 PM|
The Varachha Cooperative Bank Limited was founded in October 1995 by Shri P. B. Dhakecha. The bank was established to fulfill the need of the people of Surat who felt a dire need to have a bank of their own. Till now, the bank has acquired 19 ATM’s that are installed at various branches. This has led to an access to more than 1.5 lakh ATM’s installed at other nationalized and foreign banks, making it one of the first co-operative banks of Gujarat to do so.