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IFSC Code of Bassein Catholic Cooperative Bank Limited, Naigaon, Thane, Maharashtra — BACB0000011

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 Naigaon 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 BACB0000011. 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, Naigaon, Vasai

Below in the table are the key details related to IFSC Code BACB0000011 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 BACB0000011
Branch Naigaon
City Vasai
District Thane
State Maharashtra
Address Kolambekar Park,'B' Bldg.,Near Naigaon Station,Post:Papdy,Tal:Vasai,Dist:Thane, 401 207

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 BACB0000011 for the Naigaon 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, along with Bassein Catholic Cooperative Bank Limited located in Naigaon, Vasai, Maharashtra, are allotted a unique IFSC like BACB0000011 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Vasai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Vasai 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 makes sure that money sent to Bassein Catholic Cooperative Bank Limited in Naigaon reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BACB0000011

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bassein Catholic Cooperative Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Naigaon in Vasai.

For example, the IFSC Code BACB0000011 of Bassein Catholic Cooperative Bank Limited for the Naigaon 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 BACB0000011 of Bassein Catholic Cooperative Bank Limited for its Naigaon branch located in Vasai, the following methods can help:

Cheque Book

The cheque books that are issued by Bassein Catholic Cooperative Bank Limited include the IFSC Code which is printed on each cheque and 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 find the branch locator section. Search for Naigaon or Vasai to get the exact IFSC Code BACB0000011.

Mobile Banking App

If you use Bassein Catholic Cooperative Bank Limited's mobile app, you can easily 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 to help you in searching for Bassein Catholic Cooperative Bank Limited and Vasai that will provide accurate information.

How to Use IFSC Code BACB0000011 for Online Transfers?

Once you have the IFSC Code BACB0000011 for the Naigaon 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 BACB0000011. 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 BACB0000011.

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 Naigaon 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 Naigaon, 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 Naigaon, Vasai?

The IFSC Code is BACB0000011.

Is the IFSC Code BACB0000011 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 Naigaon?

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 Naigaon branch?

The address of the branch is Kolambekar Park,'B' Bldg.,Near Naigaon Station,Post:Papdy,Tal:Vasai,Dist:Thane, 401 207 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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