The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bassein Catholic Cooperative Bank Limited for its Palghar West branch in Palghar, Palghar, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bassein Catholic Cooperative Bank Limited located in Palghar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000039. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bassein Catholic Cooperative Bank Limited, Palghar West, Palghar

Below in the table are the key details related to IFSC Code BACB0000039 of Bassein Catholic Cooperative Bank Limited for its branch located in Palghar, within the district of Palghar in the state of Maharashtra.

Particulars Details
Bank Bassein Catholic Cooperative Bank Limited
IFSC Code BACB0000039
Branch Palghar West
City Palghar
District Palghar
State Maharashtra
Address Shop No. 1, 2 And 3, City Point, Near Panchbatti, Kacheri Road, Palghar West, Dist. Palghar, 401404

These details help users in online banking and for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Palghar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000039 for the Palghar West 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 Palghar West, Palghar, Maharashtra, are allotted a unique IFSC like BACB0000039 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BACB0000039

This is the format of the IFSC Code for banks, including Bassein Catholic Cooperative Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bassein Catholic Cooperative Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Palghar West in Palghar.

For example, the IFSC Code BACB0000039 of Bassein Catholic Cooperative Bank Limited for the Palghar West branch includes these elements, identifying the bank and the branch location in Palghar and Maharashtra accurately.

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

If you are trying to find the IFSC Code BACB0000039 of Bassein Catholic Cooperative Bank Limited for its Palghar West branch located in Palghar, 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 Palghar and Palghar, 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 Palghar West or Palghar to get the exact IFSC Code BACB0000039.

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 Palghar, you'll get the correct details.

How to Use IFSC Code BACB0000039 for Online Transfers?

Once you have the IFSC Code BACB0000039 for the Palghar West branch of Bassein Catholic Cooperative Bank Limited in Palghar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BACB0000039. 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 BACB0000039.

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 Palghar West in Palghar, 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 Palghar West, 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 Palghar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bassein Catholic Cooperative Bank Limited Palghar West Palghar?

The IFSC Code of the Palghar West Palghar branch is BACB0000039.

Is IFSC Code BACB0000039 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bassein Catholic Cooperative Bank Limited Palghar West branch?

The branch is located at Shop No. 1, 2 And 3, City Point, Near Panchbatti, Kacheri Road, Palghar West, Dist. Palghar, 401404.

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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