IFSC Code of Bassein Catholic Cooperative Bank Limited, Borivali, Thane, Maharashtra — BACB0000028

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bassein Catholic Cooperative Bank Limited for its Borivali branch in Mumbai, Thane, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bassein Catholic Cooperative Bank Limited located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000028. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bassein Catholic Cooperative Bank Limited, Borivali, Mumbai

The table below shows the main details of the IFSC Code BACB0000028 for the Bassein Catholic Cooperative Bank Limited branch in Mumbai, which falls under the Thane district in Maharashtra.

These details helps users in online banking and for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000028 for the Borivali 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, including Bassein Catholic Cooperative Bank Limited located in Borivali, Mumbai, Maharashtra, is provided with a unique IFSC like BACB0000028 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 Mumbai.
• 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 Mumbai 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 Borivali do not get mixed with another location.

Format of the IFSC Code BACB0000028

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

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Bassein Catholic Cooperative Bank Limited, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Borivali in Mumbai.

For example, the IFSC Code BACB0000028 of Bassein Catholic Cooperative Bank Limited for the Borivali branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

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

If you are looking for the IFSC Code BACB0000028 of Bassein Catholic Cooperative Bank Limited for its Borivali branch located in Mumbai, the following methods can help:

Cheque Book

The cheque book that is issued by Bassein Catholic Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bassein Catholic Cooperative Bank Limited branches in Mumbai and Thane, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bassein Catholic Cooperative Bank Limited and look for the branch locator section, then search for Borivali or Mumbai to get the exact IFSC Code BACB0000028.

Mobile Banking App

If you use Bassein Catholic Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bassein Catholic Cooperative Bank Limited and Mumbai, then it will provide you proper information.

How to Use IFSC Code BACB0000028 for Online Transfers?

Once you have the IFSC Code BACB0000028 for the Borivali branch of Bassein Catholic Cooperative Bank Limited in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BACB0000028. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Bassein Catholic Cooperative Bank Limited IFSC Code BACB0000028.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bassein Catholic Cooperative Bank Limited Borivali in Mumbai, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bassein Catholic Cooperative Bank Limited in Borivali, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Mumbai manage their online transfers and cheque clearances easily.