IFSC Code of Bassein Catholic Cooperative Bank Limited, Bhiwandi Branch, Thane, Maharashtra — BACB0000053

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 Bhiwandi Branch branch in Bhiwandi, 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 Bhiwandi or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000053. 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, Bhiwandi Branch, Bhiwandi

Below in the table are the key details related to IFSC Code BACB0000053 of Bassein Catholic Cooperative Bank Limited for its branch located in Bhiwandi, within the district of Thane in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Bhiwandi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000053 for the Bhiwandi Branch branch of Bassein Catholic Cooperative Bank Limited plays a vital 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, along with Bassein Catholic Cooperative Bank Limited located in Bhiwandi Branch, Bhiwandi, Maharashtra, are allotted a unique IFSC like BACB0000053 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Bhiwandi.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Bhiwandi and Thane.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bassein Catholic Cooperative Bank Limited in Bhiwandi Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BACB0000053

The format of the IFSC Code for banks, including Bassein Catholic Cooperative Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Bassein Catholic Cooperative Bank Limited, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bhiwandi Branch in Bhiwandi.

For example, the IFSC Code BACB0000053 of Bassein Catholic Cooperative Bank Limited for the Bhiwandi Branch branch includes these elements, identifying the bank and the branch location in Bhiwandi and Maharashtra correctly.

How to Find IFSC Code for Bassein Catholic Cooperative Bank Limited?

To find the IFSC Code BACB0000053 of Bassein Catholic Cooperative Bank Limited for its Bhiwandi Branch branch located in Bhiwandi, 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 Bhiwandi 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 Bhiwandi Branch or Bhiwandi to find the exact IFSC Code BACB0000053.

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 Bhiwandi will provide accurate information.

How to Use IFSC Code BACB0000053 for Online Transfers?

If you have the IFSC Code BACB0000053 for the Bhiwandi Branch branch of Bassein Catholic Cooperative Bank Limited in Bhiwandi, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BACB0000053. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Bassein Catholic Cooperative Bank Limited IFSC Code BACB0000053.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bassein Catholic Cooperative Bank Limited Bhiwandi Branch in Bhiwandi, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bassein Catholic Cooperative Bank Limited in Bhiwandi Branch, here are some ways to obtain it:

• Check the bottom of your cheque leaf.
• Refer to the first page of your passbook.
• Visit the official Bassein Catholic Cooperative Bank Limited website.
• Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Bhiwandi to handle online money transfers and get their cheques cleared smoothly.