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 Nallasopara East New Link Road 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 BACB0000043. 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, Nallasopara East New Link Road, Vasai

Here are some of the key details that come with the IFSC Code BACB0000043 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 BACB0000043
Branch Nallasopara East New Link Road
City Vasai
District Palghar
State Maharashtra
Address Shop No. 49, Ground Floor, Building No. 5, Agarwal Nagri, New Link Road, Nallasopara(East), Tal. Vasai, Dist. Palghar 401 208

These details helps users in online banking and for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Vasai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000043 for the Nallasopara East New Link Road branch of Bassein Catholic Cooperative Bank Limited plays a vital 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 Nallasopara East New Link Road, Vasai, Maharashtra, is provided a unique IFSC like BACB0000043 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 Palghar.
  • 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 Nallasopara East New Link Road do not get misguided to another person.

Format of the IFSC Code BACB0000043

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): These represent the bank code. In Bassein Catholic Cooperative Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Nallasopara East New Link Road in Vasai.

For example, the IFSC Code BACB0000043 of Bassein Catholic Cooperative Bank Limited for the Nallasopara East New Link Road branch has 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 BACB0000043 of Bassein Catholic Cooperative Bank Limited for its Nallasopara East New Link Road 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 Palghar, 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 Nallasopara East New Link Road or Vasai to get the exact IFSC Code BACB0000043.

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 BACB0000043 for Online Transfers?

Once you have the IFSC Code BACB0000043 for the Nallasopara East New Link Road 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 BACB0000043. 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 BACB0000043.

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 Nallasopara East New Link Road in Vasai, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bassein Catholic Cooperative Bank Limited in Nallasopara East New Link Road, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Vasai manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bassein Catholic Cooperative Bank Limited in Nallasopara East New Link Road, Vasai?

The IFSC Code is BACB0000043.

Is the IFSC Code BACB0000043 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 Nallasopara East New Link Road?

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 Nallasopara East New Link Road branch?

The address of the branch is Shop No. 49, Ground Floor, Building No. 5, Agarwal Nagri, New Link Road, Nallasopara(East), Tal. Vasai, Dist. Palghar 401 208 located in Vasai, Palghar, 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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