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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bassein Catholic Cooperative Bank Limited for its Navghar Road Vasai East branch in Vasai, Palghar, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly 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 BACB0000037. 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, Navghar Road Vasai East, Vasai
Here are the key points that are associated with the IFSC Code BACB0000037 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 | BACB0000037 |
| Branch | Navghar Road Vasai East |
| City | Vasai |
| District | Palghar |
| State | Maharashtra |
| Address | Soham Commercial Plaza, Ground Floor, Shop No. 10,11 And 13, Near Vasai Road Railway Station, Navghar Road, Vasai East, Dist. Palghar 401210 |
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 BACB0000037 for the Navghar Road Vasai East 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BACB0000037 is given to every bank branch, including Bassein Catholic Cooperative Bank Limited located in Navghar Road Vasai East, Vasai, Maharashtra, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Vasai and Palghar.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bassein Catholic Cooperative Bank Limited in Navghar Road Vasai East doesn't end up at another location.
Format of the IFSC Code BACB0000037
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 Navghar Road Vasai East in Vasai.
For example, the IFSC Code BACB0000037 of Bassein Catholic Cooperative Bank Limited for the Navghar Road Vasai East 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 BACB0000037 of Bassein Catholic Cooperative Bank Limited for its Navghar Road Vasai East 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 Navghar Road Vasai East or Vasai to get the exact IFSC Code BACB0000037.
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 BACB0000037 for Online Transfers?
Once you have the IFSC Code BACB0000037 for the Navghar Road Vasai East branch of Bassein Catholic Cooperative Bank Limited in Vasai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BACB0000037. The transfer is completed in batches instead of instantly. It is useful for both 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 BACB0000037.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bassein Catholic Cooperative Bank Limited Navghar Road Vasai East in Vasai, your payment can get delayed or might not go through at all.
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 Navghar Road Vasai East, 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)
The IFSC Code is BACB0000037.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Soham Commercial Plaza, Ground Floor, Shop No. 10,11 And 13, Near Vasai Road Railway Station, Navghar Road, Vasai East, Dist. Palghar 401210 located in Vasai, Palghar, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.