IFSC Code of Bassein Catholic Cooperative Bank Limited, Chandansar Virar Branch, Palghar, Maharashtra- BACB0000054

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 Chandansar Virar Branch branch in Virar East, 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 Virar East or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BACB0000054. 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, Chandansar Virar Branch, Virar East

Here are some of the key details that come with the IFSC Code BACB0000054 of Bassein Catholic Cooperative Bank Limited for its branch located in Virar East, within the district of Palghar in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Virar East for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000054 for the Chandansar Virar Branch 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 Chandansar Virar Branch, Virar East, Maharashtra, is provided a unique IFSC like BACB0000054 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 Virar East.
• 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 Virar East 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 Chandansar Virar Branch do not get misguided to another person.

Format of the IFSC Code BACB0000054

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 Chandansar Virar Branch in Virar East.

For example, the IFSC Code BACB0000054 of Bassein Catholic Cooperative Bank Limited for the Chandansar Virar Branch branch includes these elements, identifying the bank and the branch location in Virar East and Maharashtra accurately.

How to Find IFSC Code for Bassein Catholic Cooperative Bank Limited?

If you are trying to find the IFSC Code BACB0000054 of Bassein Catholic Cooperative Bank Limited for its Chandansar Virar Branch branch located in Virar East, 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

Most banks, including Bassein Catholic Cooperative Bank Limited branches in Virar East and Palghar, print the IFSC and MICR codes 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 Chandansar Virar Branch or Virar East to get the exact IFSC Code BACB0000054.

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 Virar East, you'll get the correct details.

How to Use IFSC Code BACB0000054 for Online Transfers?

Once you have the IFSC Code BACB0000054 for the Chandansar Virar Branch branch of Bassein Catholic Cooperative Bank Limited in Virar East, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BACB0000054. 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 BACB0000054.

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 Chandansar Virar Branch in Virar East, your payment can get delayed or might not go through at all.

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 Chandansar Virar Branch, 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 Virar East to handle online money transfers and get their cheques cleared smoothly.