There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bassein Catholic Cooperative Bank Limited for its Dadar West Branch branch in Dadar West, Greater Bombay, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bassein Catholic Cooperative Bank Limited situated in Dadar West or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BACB0000059. You should 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, Dadar West Branch, Dadar West

Here are the main details that are associated with the IFSC Code BACB0000059 of Bassein Catholic Cooperative Bank Limited for its branch located in Dadar West, within the district of Greater Bombay in the state of Maharashtra.

Particulars Details
Bank Bassein Catholic Cooperative Bank Limited
IFSC Code BACB0000059
Branch Dadar West Branch
City Dadar West
District Greater Bombay
State Maharashtra
Address Shop No.7,8, Ground Floor, Shree Sai Prabhadevi Chs Nx., Kashinath Dhruv Road, Agar Bazar, Dadar West, Mumbai 400 028

These details help users in online banking and for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Dadar West for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000059 for the Dadar West Branch 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, along with Bassein Catholic Cooperative Bank Limited located in Dadar West Branch, Dadar West, Maharashtra, are allotted a unique IFSC like BACB0000059 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Dadar West.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Dadar West and Greater Bombay.
  • 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 Dadar West Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BACB0000059

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 Dadar West Branch in Dadar West.

For example, the IFSC Code BACB0000059 of Bassein Catholic Cooperative Bank Limited for the Dadar West Branch branch includes these elements, identifying the bank and the branch location in Dadar West and Maharashtra correctly.

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

If you are trying to find the IFSC Code BACB0000059 of Bassein Catholic Cooperative Bank Limited for its Dadar West Branch branch located in Dadar West, the following methods can help:

Cheque Book

The cheque book issued by Bassein Catholic Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Bassein Catholic Cooperative Bank Limited branches in Dadar West and Greater Bombay, print them on the first page of your passbook.

Bank Website

Visit the official website of Bassein Catholic Cooperative Bank Limited and navigate to the branch locator section. Search for Dadar West Branch or Dadar West to get the exact IFSC Code BACB0000059.

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 keeps an updated list of all IFSC codes. If you search for Bassein Catholic Cooperative Bank Limited and Dadar West, you'll get the correct details.

How to Use IFSC Code BACB0000059 for Online Transfers?

Once you have the IFSC Code BACB0000059 for the Dadar West Branch branch of Bassein Catholic Cooperative Bank Limited in Dadar West, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BACB0000059. 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 BACB0000059.

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 Dadar West Branch in Dadar West, it can 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 Dadar West 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 Dadar West to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bassein Catholic Cooperative Bank Limited in Dadar West Branch, Dadar West?

The IFSC Code is BACB0000059.

Is the IFSC Code BACB0000059 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bassein Catholic Cooperative Bank Limited Dadar West Branch?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Dadar West Branch branch?

The address of the branch is Shop No.7,8, Ground Floor, Shree Sai Prabhadevi Chs Nx., Kashinath Dhruv Road, Agar Bazar, Dadar West, Mumbai 400 028 located in Dadar West, Greater Bombay, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.