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 Kaman branch in Vasai, Palghar, 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 BACB0000041. 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, Kaman, Vasai
Here are the main details that are associated with the IFSC Code BACB0000041 of Bassein Catholic Cooperative Bank Limited for its branch located in Vasai, within the district of Palghar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bassein Catholic Cooperative Bank Limited |
| IFSC Code | BACB0000041 |
| Branch | Kaman |
| City | Vasai |
| District | Palghar |
| State | Maharashtra |
| Address | Gala No. 1 And 2, S. No. 161,H. No. 1 (Part), Kaman Naka, Village Kaman, Tal. Vasai, Dist. Palghar 401 208 |
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 BACB0000041 for the Kaman 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bassein Catholic Cooperative Bank Limited located in Kaman, Vasai, Maharashtra, is provided with a unique IFSC like BACB0000041 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 Palghar.
- 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 Kaman do not get mixed with another location.
Format of the IFSC Code BACB0000041
The format of the IFSC Code for banks, including Bassein Catholic Cooperative Bank Limited, follows 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 Kaman in Vasai.
For example, the IFSC Code BACB0000041 of Bassein Catholic Cooperative Bank Limited for the Kaman 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?
If you are trying to find the IFSC Code BACB0000041 of Bassein Catholic Cooperative Bank Limited for its Kaman 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
You can easily find the IFSC and MICR codes because most banks, including Bassein Catholic Cooperative Bank Limited branches in Vasai 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 Kaman or Vasai to get the exact IFSC Code BACB0000041.
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 BACB0000041 for Online Transfers?
If you have the IFSC Code BACB0000041 for the Kaman 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 BACB0000041. 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 BACB0000041.
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 Kaman 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 Kaman, 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 of the Kaman Vasai branch is BACB0000041.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Gala No. 1 And 2, S. No. 161,H. No. 1 (Part), Kaman Naka, Village Kaman, Tal. Vasai, Dist. Palghar 401 208.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.