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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bassein Catholic Cooperative Bank Limited for its Bhayander branch in Vasai, Thane, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bassein Catholic Cooperative Bank Limited located in Vasai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000012. 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, Bhayander, Vasai

Here are the key points that are associated with the IFSC Code BACB0000012 of Bassein Catholic Cooperative Bank Limited for its branch located in Vasai, within the district of Thane in the state of Maharashtra.

Particulars Details
Bank Bassein Catholic Cooperative Bank Limited
IFSC Code BACB0000012
Branch Bhayander
City Vasai
District Thane
State Maharashtra
Address Roseben Enclave, First Floor, Station Road, Bhayander(W), 401 105

These details are essential not only for online banking users but also for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Vasai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000012 for the Bhayander branch of Bassein Catholic Cooperative Bank Limited plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bassein Catholic Cooperative Bank Limited located in Bhayander, Vasai, Maharashtra, is provided a unique IFSC like BACB0000012 so that their online payments reach the right place.

The IFSC Code is important because:

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

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bassein Catholic Cooperative Bank Limited in Bhayander do not get misguided to another person.

Format of the IFSC Code BACB0000012

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bassein Catholic Cooperative Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bhayander in Vasai.

For example, the IFSC Code BACB0000012 of Bassein Catholic Cooperative Bank Limited for the Bhayander branch includes these elements, identifying the bank and the branch location in Vasai and Maharashtra correctly.

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

If you are trying to find the IFSC Code BACB0000012 of Bassein Catholic Cooperative Bank Limited for its Bhayander branch located in Vasai, 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 Vasai 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 Bhayander or Vasai to get the exact IFSC Code BACB0000012.

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 Vasai, you'll get the correct details.

How to Use IFSC Code BACB0000012 for Online Transfers?

If you have the IFSC Code BACB0000012 for the Bhayander branch of Bassein Catholic Cooperative Bank Limited in Vasai, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BACB0000012. 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 BACB0000012.

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 Bhayander in Vasai, 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 Bhayander, 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 Bhayander, Vasai?

The IFSC Code is BACB0000012.

Is the IFSC Code BACB0000012 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 Bhayander?

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 Bhayander branch?

The address of the branch is Roseben Enclave, First Floor, Station Road, Bhayander(W), 401 105 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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