There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bassein Catholic Cooperative Bank Limited for its Extension Counter-Mulgaon, Vasai West branch in Vasai, Thane, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bassein Catholic Cooperative Bank Limited situated in Vasai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BACB0000033. You should 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, Extension Counter-Mulgaon, Vasai West, Vasai
The table below shows the main details of the IFSC Code BACB0000033 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 | BACB0000033 |
| Branch | Extension Counter-Mulgaon, Vasai West |
| City | Vasai |
| District | Thane |
| State | Maharashtra |
| Address | St.Mary Magdalene High School, Near Mulgaon Church, Mulgaon, Vasai West- 401 201 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Vasai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000033 for the Extension Counter-Mulgaon, Vasai West 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, 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 Extension Counter-Mulgaon, Vasai West, Vasai, Maharashtra, is provided a unique IFSC like BACB0000033 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 Extension Counter-Mulgaon, Vasai West do not get misguided to another person.
Format of the IFSC Code BACB0000033
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 Extension Counter-Mulgaon, Vasai West in Vasai.
For example, the IFSC Code BACB0000033 of Bassein Catholic Cooperative Bank Limited for the Extension Counter-Mulgaon, Vasai West 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 looking for the IFSC Code BACB0000033 of Bassein Catholic Cooperative Bank Limited for its Extension Counter-Mulgaon, Vasai West branch located in Vasai, the following methods can help:
Cheque Book
The cheque book that is issued by Bassein Catholic Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the 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
You can visit the official website of Bassein Catholic Cooperative Bank Limited and look for the branch locator section, then search for Extension Counter-Mulgaon, Vasai West or Vasai to get the exact IFSC Code BACB0000033.
Mobile Banking App
If you use Bassein Catholic Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bassein Catholic Cooperative Bank Limited and Vasai, then it will provide you proper information.
How to Use IFSC Code BACB0000033 for Online Transfers?
Once you have the IFSC Code BACB0000033 for the Extension Counter-Mulgaon, Vasai West branch of Bassein Catholic Cooperative Bank Limited in Vasai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BACB0000033. 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 BACB0000033.
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 Extension Counter-Mulgaon, Vasai West in Vasai, it can 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 Extension Counter-Mulgaon, Vasai West, 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)
The IFSC Code is BACB0000033.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is St.Mary Magdalene High School, Near Mulgaon Church, Mulgaon, Vasai West- 401 201 located in Vasai, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.