IFSC Code of Bassein Catholic Cooperative Bank Limited, Pune, Pune, Maharashtra — BACB0000112

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bassein Catholic Cooperative Bank Limited for its Pune branch in Fatima Nagar, Pune, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bassein Catholic Cooperative Bank Limited located in Fatima Nagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000112. 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, Pune, Fatima Nagar

Below in the table are the key details related to IFSC Code BACB0000112 of Bassein Catholic Cooperative Bank Limited for its branch located in Fatima Nagar, within the district of Pune 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 Fatima Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000112 for the Pune 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 that is provided by the Reserve Bank of India. A unique IFSC like BACB0000112 is given to every bank branch, including Bassein Catholic Cooperative Bank Limited located in Pune, Fatima Nagar, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Bassein Catholic Cooperative Bank Limited branch in Fatima Nagar.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Fatima Nagar and Pune.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bassein Catholic Cooperative Bank Limited in Pune doesn't end up at another location.

Format of the IFSC Code BACB0000112

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 Pune in Fatima Nagar.

For example, the IFSC Code BACB0000112 of Bassein Catholic Cooperative Bank Limited for the Pune branch includes these elements, identifying the bank and the branch location in Fatima Nagar and Maharashtra correctly.

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

If you are trying to find the IFSC Code BACB0000112 of Bassein Catholic Cooperative Bank Limited for its Pune branch located in Fatima Nagar, the following methods can help:

Cheque Book

The cheque books that are issued by Bassein Catholic Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bassein Catholic Cooperative Bank Limited branches in Fatima Nagar and Pune, 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 find the branch locator section. Search for Pune or Fatima Nagar to get the exact IFSC Code BACB0000112.

Mobile Banking App

If you use Bassein Catholic Cooperative Bank Limited's mobile app, you can easily 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 to help you in searching for Bassein Catholic Cooperative Bank Limited and Fatima Nagar that will provide accurate information.

How to Use IFSC Code BACB0000112 for Online Transfers?

Once you have the IFSC Code BACB0000112 for the Pune branch of Bassein Catholic Cooperative Bank Limited in Fatima Nagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BACB0000112. 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 BACB0000112.

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 Pune in Fatima Nagar, 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 Pune, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Fatima Nagar manage online transfers as well as cheque clearances with ease.