IFSC Code of The Varachha Cooperative Bank Limited, Udhana Magdalla Road Brach Branch, Gujarat

Use this page as a one-stop reference for everything related to The Varachha Cooperative Bank Limited's UDHANA MAGDALLA ROAD BRACH branch in SURAT, GUJARAT. The branch's IFSC code VARA0289023 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For The Varachha Cooperative Bank Limited's UDHANA MAGDALLA ROAD BRACH branch, the IFSC VARA0289023 breaks down as follows: VARA identifies the bank, 0 is the reserved character, and 289023 identifies this particular branch.

Branch details at a glance

Bank profile

The Varachha Cooperative Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Udhana Magdalla Road Brach branch — IFSC VARA0289023 — extends the bank's services to customers in and around Surat, Gujarat.

About this branch

The branch is located at 2,GROUND FLOOR, ORLEAANS COMPLES, NEAR SOSYO CIRCLE, UDHANA MAGDALLA ROAD,SURAT. It serves the Surat region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of The Varachha Cooperative Bank Limited. The IFSC VARA0289023 is used to identify this branch on the RBI payments network.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how The Varachha Cooperative Bank Limited's UDHANA MAGDALLA ROAD BRACH branch came to be assigned the code VARA0289023.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC VARA0289023, money simply cannot be routed to the UDHANA MAGDALLA ROAD BRACH branch electronically.

How to transfer money using IFSC VARA0289023

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC VARA0289023 across all three.

NEFT to The Varachha Cooperative Bank Limited, UDHANA MAGDALLA ROAD BRACH using IFSC VARA0289023

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC VARA0289023, and confirm that the system picks up The Varachha Cooperative Bank Limited – UDHANA MAGDALLA ROAD BRACH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC VARA0289023

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to The Varachha Cooperative Bank Limited – UDHANA MAGDALLA ROAD BRACH, ensure your bank's portal accepts IFSC VARA0289023 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to The Varachha Cooperative Bank Limited – UDHANA MAGDALLA ROAD BRACH, use IMPS. With IFSC VARA0289023 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC VARA0289023 for The Varachha Cooperative Bank Limited – UDHANA MAGDALLA ROAD BRACH, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Udhana Magdalla Road Brach branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC VARA0289023

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at The Varachha Cooperative Bank Limited – UDHANA MAGDALLA ROAD BRACH is still mapped to IFSC VARA0289023. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC VARA0289023 and the beneficiary's account number to complete the transfer.

Account types you can open at the Udhana Magdalla Road Brach branch

Once you have an account at The Varachha Cooperative Bank Limited – UDHANA MAGDALLA ROAD BRACH, the IFSC VARA0289023 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Udhana Magdalla Road Brach branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 261-6918401.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC VARA0289023

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by The Varachha Cooperative Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC VARA0289023 and the account number together uniquely identify the Udhana Magdalla Road Brach branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the Udhana Magdalla Road Brach branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC VARA0289023 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to The Varachha Cooperative Bank Limited – UDHANA MAGDALLA ROAD BRACH:

• The IFSC is exactly VARA0289023 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills The Varachha Cooperative Bank Limited as the bank name and UDHANA MAGDALLA ROAD BRACH as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Reaching the branch

The Udhana Magdalla Road Brach branch sits at 2,GROUND FLOOR, ORLEAANS COMPLES, NEAR SOSYO CIRCLE, UDHANA MAGDALLA ROAD,SURAT. If you are travelling from outside Surat, search for the branch on a maps application using the bank name and locality, or call 261-6918401 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC VARA0289023 and your account number.

Verifying IFSC VARA0289023 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm VARA0289023 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 261-6918401.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Udhana Magdalla Road Brach are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to VARA0289023 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: VARA0289023 is the IFSC code of The Varachha Cooperative Bank Limited, UDHANA MAGDALLA ROAD BRACH branch, in SURAT, GUJARAT. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.