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 St. Joseph Extension Counter branch in Nallasopara 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 Nallasopara West or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000057. 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, St. Joseph Extension Counter, Nallasopara West

Below in the table are the key details related to IFSC Code BACB0000057 of Bassein Catholic Cooperative Bank Limited for its branch located in Nallasopara West, within the district of Palghar in the state of Maharashtra.

Particulars Details
Bank Bassein Catholic Cooperative Bank Limited
IFSC Code BACB0000057
Branch St. Joseph Extension Counter
City Nallasopara West
District Palghar
State Maharashtra
Address St. Joseph Church,Umrale Campus,Umrale,Nallasopara West,Tal.Vasai,Dist. Palghar 401 203

These details are crucial, not just for online banking users but also for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Nallasopara West for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000057 for the St. Joseph Extension Counter branch of Bassein Catholic Cooperative Bank Limited has an important 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 BACB0000057 is given to every bank branch, including Bassein Catholic Cooperative Bank Limited located in St. Joseph Extension Counter, Nallasopara West, 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 Nallasopara West.
  • 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 Nallasopara West and Palghar.
  • 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 St. Joseph Extension Counter doesn't end up at another location.

Format of the IFSC Code BACB0000057

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): These represent the bank code. In Bassein Catholic Cooperative Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like St. Joseph Extension Counter in Nallasopara West.

For example, the IFSC Code BACB0000057 of Bassein Catholic Cooperative Bank Limited for the St. Joseph Extension Counter branch has these elements, identifying the bank and the branch location in Nallasopara West and Maharashtra correctly.

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

If you are trying to find the IFSC Code BACB0000057 of Bassein Catholic Cooperative Bank Limited for its St. Joseph Extension Counter branch located in Nallasopara West, 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 Nallasopara West and Palghar, 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 St. Joseph Extension Counter or Nallasopara West to get the exact IFSC Code BACB0000057.

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 Nallasopara West that will provide accurate information.

How to Use IFSC Code BACB0000057 for Online Transfers?

Once you have the IFSC Code BACB0000057 for the St. Joseph Extension Counter branch of Bassein Catholic Cooperative Bank Limited in Nallasopara West, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BACB0000057. 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 BACB0000057.

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 St. Joseph Extension Counter in Nallasopara West, 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 St. Joseph Extension Counter, 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 West manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bassein Catholic Cooperative Bank Limited in St. Joseph Extension Counter, Nallasopara West?

The IFSC Code is BACB0000057.

Is the IFSC Code BACB0000057 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bassein Catholic Cooperative Bank Limited St. Joseph Extension Counter?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the St. Joseph Extension Counter branch?

The address of the branch is St. Joseph Church,Umrale Campus,Umrale,Nallasopara West,Tal.Vasai,Dist. Palghar 401 203 located in Nallasopara West, Palghar, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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