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 Dahisar West Branch branch in Mumbai, Mumbai, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000055. 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, Dahisar West Branch, Mumbai
The table below shows the main details of the IFSC Code BACB0000055 for the Bassein Catholic Cooperative Bank Limited branch in Mumbai, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bassein Catholic Cooperative Bank Limited |
| IFSC Code | BACB0000055 |
| Branch | Dahisar West Branch |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Shop No.9,Flat No. 2, Avishkar Building, No.C-1/A,C-1/B, Gr. Gloor, Dahisar West, Mumbai 400 068 |
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 BACB0000055 for the Dahisar West 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 Dahisar West Branch, Mumbai, Maharashtra, are allotted a unique IFSC like BACB0000055 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Mumbai and Mumbai.
- 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 Dahisar West Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code BACB0000055
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): 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 Dahisar West Branch in Mumbai.
For example, the IFSC Code BACB0000055 of Bassein Catholic Cooperative Bank Limited for the Dahisar West Branch 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 trying to find the IFSC Code BACB0000055 of Bassein Catholic Cooperative Bank Limited for its Dahisar West Branch branch located in Mumbai, 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
Most banks, including Bassein Catholic Cooperative Bank Limited branches in Mumbai and Mumbai, print the IFSC and MICR codes 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 Dahisar West Branch or Mumbai to get the exact IFSC Code BACB0000055.
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 Mumbai, you'll get the correct details.
How to Use IFSC Code BACB0000055 for Online Transfers?
Once you have the IFSC Code BACB0000055 for the Dahisar West Branch 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 BACB0000055. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 BACB0000055.
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 Dahisar West Branch 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 Dahisar West Branch, 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.
Frequently Asked Questions (FAQs)
The IFSC Code is BACB0000055.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No.9,Flat No. 2, Avishkar Building, No.C-1/A,C-1/B, Gr. Gloor, Dahisar West, Mumbai 400 068 located in Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.