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 Nallasopara branch in Nallasopara, Thane, 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 Nallasopara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000017. 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, Nallasopara, Nallasopara
Here are some of the key details that come with the IFSC Code BACB0000017 of Bassein Catholic Cooperative Bank Limited for its branch located in Nallasopara, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bassein Catholic Cooperative Bank Limited |
| IFSC Code | BACB0000017 |
| Branch | Nallasopara |
| City | Nallasopara |
| District | Thane |
| State | Maharashtra |
| Address | Sai Kiran Building , Narayan Nagar, Nallasopara(E), Tal.Vasai, Dist - Thane, Pin Code-401209 |
These details helps users in online banking and for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Nallasopara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000017 for the Nallasopara 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 Nallasopara, Nallasopara, Maharashtra, are allotted a unique IFSC like BACB0000017 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nallasopara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Nallasopara and Thane.
- 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 Nallasopara reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code BACB0000017
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 Nallasopara in Nallasopara.
For example, the IFSC Code BACB0000017 of Bassein Catholic Cooperative Bank Limited for the Nallasopara branch includes these elements, identifying the bank and the branch location in Nallasopara and Maharashtra accurately.
How to Find IFSC Code for Bassein Catholic Cooperative Bank Limited?
If you are trying to find the IFSC Code BACB0000017 of Bassein Catholic Cooperative Bank Limited for its Nallasopara branch located in Nallasopara, 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 Nallasopara and Thane, 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 Nallasopara or Nallasopara to get the exact IFSC Code BACB0000017.
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 Nallasopara, you'll get the correct details.
How to Use IFSC Code BACB0000017 for Online Transfers?
Once you have the IFSC Code BACB0000017 for the Nallasopara branch of Bassein Catholic Cooperative Bank Limited in Nallasopara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BACB0000017. 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 BACB0000017.
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 Nallasopara in Nallasopara, 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 Nallasopara, 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 Nallasopara manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BACB0000017.
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 Sai Kiran Building , Narayan Nagar, Nallasopara(E), Tal.Vasai, Dist - Thane, Pin Code-401209 located in Nallasopara, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.