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 Nasik branch in Nashik, Nasik, 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 Nashik or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000121. 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, Nasik, Nashik

The table below shows the main details of the IFSC Code BACB0000121 for the Bassein Catholic Cooperative Bank Limited branch in Nashik, which falls under the Nasik district in Maharashtra.

Particulars Details
Bank Bassein Catholic Cooperative Bank Limited
IFSC Code BACB0000121
Branch Nasik
City Nashik
District Nasik
State Maharashtra
Address Sk Open Mall, Next To Byk College, College Rd, Nasik 422 005

These details help users in online banking and for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Nashik for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000121 for the Nasik 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, along with Bassein Catholic Cooperative Bank Limited located in Nasik, Nashik, Maharashtra, are allotted a unique IFSC like BACB0000121 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nashik.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Nashik and Nasik.
  • 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 Nasik reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BACB0000121

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 Nasik in Nashik.

For example, the IFSC Code BACB0000121 of Bassein Catholic Cooperative Bank Limited for the Nasik branch includes these elements, identifying the bank and the branch location in Nashik and Maharashtra accurately.

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

If you are trying to find the IFSC Code BACB0000121 of Bassein Catholic Cooperative Bank Limited for its Nasik branch located in Nashik, 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 Nashik and Nasik, 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 Nasik or Nashik to get the exact IFSC Code BACB0000121.

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 Nashik that will provide accurate information.

How to Use IFSC Code BACB0000121 for Online Transfers?

Once you have the IFSC Code BACB0000121 for the Nasik branch of Bassein Catholic Cooperative Bank Limited in Nashik, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BACB0000121. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bassein Catholic Cooperative Bank Limited IFSC Code BACB0000121.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bassein Catholic Cooperative Bank Limited Nasik in Nashik, it can 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 Nasik, 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 Nashik manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bassein Catholic Cooperative Bank Limited in Nasik, Nashik?

The IFSC Code is BACB0000121.

Is the IFSC Code BACB0000121 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bassein Catholic Cooperative Bank Limited Nasik?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Nasik branch?

The address of the branch is Sk Open Mall, Next To Byk College, College Rd, Nasik 422 005 located in Nashik, Nasik, 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.