IFSC Code of Bassein Catholic Cooperative Bank Limited, Palli Naigaon West Branch, Palghar, Maharashtra- BACB0000061

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 Palli Naigaon West Branch branch in Naigaon West, Palghar, 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 Naigaon West or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000061. 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, Palli Naigaon West Branch, Naigaon West

Here are some of the key details that come with the IFSC Code BACB0000061 of Bassein Catholic Cooperative Bank Limited for its branch located in Naigaon West, within the district of Palghar in the state of Maharashtra.

These details help users in online banking and for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Naigaon West for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000061 for the Palli Naigaon 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, including Bassein Catholic Cooperative Bank Limited located in Palli Naigaon West Branch, Naigaon West, Maharashtra, is provided with a unique IFSC like BACB0000061 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 Naigaon West.
• 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 Naigaon West and Palghar.
• 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 Palli Naigaon West Branch do not get mixed with another location.

Format of the IFSC Code BACB0000061

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 Palli Naigaon West Branch in Naigaon West.

For example, the IFSC Code BACB0000061 of Bassein Catholic Cooperative Bank Limited for the Palli Naigaon West Branch branch includes these elements, identifying the bank and the branch location in Naigaon West and Maharashtra correctly.

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

If you are trying to find the IFSC Code BACB0000061 of Bassein Catholic Cooperative Bank Limited for its Palli Naigaon West Branch branch located in Naigaon 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

Most banks, including Bassein Catholic Cooperative Bank Limited branches in Naigaon West and Palghar, 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 Palli Naigaon West Branch or Naigaon West to get the exact IFSC Code BACB0000061.

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 Naigaon West, you'll get the correct details.

How to Use IFSC Code BACB0000061 for Online Transfers?

Once you have the IFSC Code BACB0000061 for the Palli Naigaon West Branch branch of Bassein Catholic Cooperative Bank Limited in Naigaon West, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BACB0000061. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bassein Catholic Cooperative Bank Limited IFSC Code BACB0000061.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bassein Catholic Cooperative Bank Limited Palli Naigaon West Branch in Naigaon West may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bassein Catholic Cooperative Bank Limited in Palli Naigaon West Branch, you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Naigaon West manage online transfers as well as cheque clearances with ease.