IFSC Code of Bassein Catholic Cooperative Bank Limited, Ghodbunder Branch, Thane, Maharashtra- BACB0000047

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 Ghodbunder Branch branch in Thane, Thane, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000047. 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, Ghodbunder Branch, Thane

Here are some of the key details that come with the IFSC Code BACB0000047 of Bassein Catholic Cooperative Bank Limited for its branch located in Thane, within the district of Thane in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Thane for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000047 for the Ghodbunder Branch 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 provided by the Reserve Bank of India. Every bank branch, along with Bassein Catholic Cooperative Bank Limited located in Ghodbunder Branch, Thane, Maharashtra, are given a unique IFSC like BACB0000047 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Thane.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Thane 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 helps ensure that any money sent to Bassein Catholic Cooperative Bank Limited in Ghodbunder Branch goes to the correct branch. This is important because Bassein Catholic Cooperative Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BACB0000047

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 Ghodbunder Branch in Thane.

For example, the IFSC Code BACB0000047 of Bassein Catholic Cooperative Bank Limited for the Ghodbunder Branch branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

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

If you are trying to find the IFSC Code BACB0000047 of Bassein Catholic Cooperative Bank Limited for its Ghodbunder Branch branch located in Thane, 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 Thane and Thane, 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 Ghodbunder Branch or Thane to get the exact IFSC Code BACB0000047.

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 Thane, you'll get the correct details.

How to Use IFSC Code BACB0000047 for Online Transfers?

If you have the IFSC Code BACB0000047 for the Ghodbunder Branch branch of Bassein Catholic Cooperative Bank Limited in Thane, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BACB0000047. Transfers are processed in batches. 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. Asks for the recipient's account details and Bassein Catholic Cooperative Bank Limited IFSC Code BACB0000047.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bassein Catholic Cooperative Bank Limited Ghodbunder Branch in Thane, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bassein Catholic Cooperative Bank Limited in Ghodbunder Branch, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Thane manage online transfers as well as cheque clearances with ease.