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 Agashi branch in Vasai, Thane, 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 Vasai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000010. 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, Agashi, Vasai

The table below shows the main details of the IFSC Code BACB0000010 for the Bassein Catholic Cooperative Bank Limited branch in Vasai, which falls under the Thane district in Maharashtra.

Particulars Details
Bank Bassein Catholic Cooperative Bank Limited
IFSC Code BACB0000010
Branch Agashi
City Vasai
District Thane
State Maharashtra
Address Suvarta Sadan, Near Fish Market, Agashi, Post- Agashi, Tal. Vasai, Dist- Thane,Pin-401301

These details are important not only for users using online banking but also for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Vasai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BACB0000010 for the Agashi branch of Bassein Catholic Cooperative Bank Limited is vital.

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, including Bassein Catholic Cooperative Bank Limited located in Agashi, Vasai, Maharashtra, is provided with a unique IFSC like BACB0000010 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bassein Catholic Cooperative Bank Limited branch in Vasai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Vasai and Thane.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bassein Catholic Cooperative Bank Limited in Agashi do not get mixed with another location.

Format of the IFSC Code BACB0000010

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 Agashi in Vasai.

For example, the IFSC Code BACB0000010 of Bassein Catholic Cooperative Bank Limited for the Agashi branch includes these elements, identifying the bank and the branch location in Vasai and Maharashtra accurately.

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

To find the IFSC Code BACB0000010 of Bassein Catholic Cooperative Bank Limited for its Agashi branch located in Vasai, the following methods can help you out:

Cheque Book

The cheque book issued by Bassein Catholic Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Bassein Catholic Cooperative Bank Limited branches in Vasai and Thane, 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 go to the branch locator section. Then search for Agashi or Vasai to find the exact IFSC Code BACB0000010.

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 maintains an updated database of all IFSC codes. Searching for Bassein Catholic Cooperative Bank Limited and Vasai will provide accurate information.

How to Use IFSC Code BACB0000010 for Online Transfers?

Once you have the IFSC Code BACB0000010 for the Agashi branch of Bassein Catholic Cooperative Bank Limited in Vasai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BACB0000010. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bassein Catholic Cooperative Bank Limited IFSC Code BACB0000010.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bassein Catholic Cooperative Bank Limited Agashi in Vasai 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 Agashi, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Vasai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bassein Catholic Cooperative Bank Limited in Agashi, Vasai?

The IFSC Code is BACB0000010.

Is the IFSC Code BACB0000010 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 Agashi?

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 Agashi branch?

The address of the branch is Suvarta Sadan, Near Fish Market, Agashi, Post- Agashi, Tal. Vasai, Dist- Thane,Pin-401301 located in Vasai, Thane, 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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