Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bassein Catholic Cooperative Bank Limited for its Arnala branch in Arnala, Thane, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bassein Catholic Cooperative Bank Limited located in Arnala or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000025. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Bassein Catholic Cooperative Bank Limited, Arnala, Arnala
Here are some of the key details that come with the IFSC Code BACB0000025 of Bassein Catholic Cooperative Bank Limited for its branch located in Arnala, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bassein Catholic Cooperative Bank Limited |
| IFSC Code | BACB0000025 |
| Branch | Arnala |
| City | Arnala |
| District | Thane |
| State | Maharashtra |
| Address | St. Peter School, Arnala, Tal.Vasai, Dist .Thane , Pin-401302 |
These details help users in online banking and for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Arnala for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000025 for the Arnala branch of Bassein Catholic Cooperative Bank Limited has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bassein Catholic Cooperative Bank Limited located in Arnala, Arnala, Maharashtra, is provided with a unique IFSC like BACB0000025 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bassein Catholic Cooperative Bank Limited branch in Arnala.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Arnala and Thane.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bassein Catholic Cooperative Bank Limited in Arnala do not get mixed with another location.
Format of the IFSC Code BACB0000025
The format of the IFSC Code for banks, including Bassein Catholic Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Bassein Catholic Cooperative Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Arnala in Arnala.
For example, the IFSC Code BACB0000025 of Bassein Catholic Cooperative Bank Limited for the Arnala branch has these elements, identifying the bank and the branch location in Arnala and Maharashtra correctly.
How to Find IFSC Code for Bassein Catholic Cooperative Bank Limited?
To find the IFSC Code BACB0000025 of Bassein Catholic Cooperative Bank Limited for its Arnala branch located in Arnala, the following methods can help you out:
Cheque Book
The cheque book issued by Bassein Catholic Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bassein Catholic Cooperative Bank Limited branches in Arnala and Thane, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bassein Catholic Cooperative Bank Limited and go to the branch locator section. Then search for Arnala or Arnala to find the exact IFSC Code BACB0000025.
Mobile Banking App
If you use Bassein Catholic Cooperative Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Bassein Catholic Cooperative Bank Limited and Arnala will provide accurate information.
How to Use IFSC Code BACB0000025 for Online Transfers?
Once you have the IFSC Code BACB0000025 for the Arnala branch of Bassein Catholic Cooperative Bank Limited in Arnala, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BACB0000025. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bassein Catholic Cooperative Bank Limited IFSC Code BACB0000025.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bassein Catholic Cooperative Bank Limited Arnala in Arnala, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bassein Catholic Cooperative Bank Limited in Arnala, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bassein Catholic Cooperative Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Arnala manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BACB0000025.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is St. Peter School, Arnala, Tal.Vasai, Dist .Thane , Pin-401302 located in Arnala, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.