IFSC Code of Bassein Catholic Cooperative Bank Limited, Wada, Thane, Maharashtra- BACB0000036

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 Wada branch in Wada, Thane, 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 Wada or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BACB0000036. 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, Wada, Wada

Here are the key points that are associated with the IFSC Code BACB0000036 of Bassein Catholic Cooperative Bank Limited for its branch located in Wada, within the district of Thane in the state of Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use Bassein Catholic Cooperative Bank Limited in Wada for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BACB0000036 for the Wada 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 Wada, Wada, Maharashtra, is provided with a unique IFSC like BACB0000036 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 Wada.
• 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 Wada and Thane.
• 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 Wada do not get mixed with another location.

Format of the IFSC Code BACB0000036

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 Wada in Wada.

For example, the IFSC Code BACB0000036 of Bassein Catholic Cooperative Bank Limited for the Wada branch includes these elements, identifying the bank and the branch location in Wada and Maharashtra accurately.

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

If you are looking for the IFSC Code BACB0000036 of Bassein Catholic Cooperative Bank Limited for its Wada branch located in Wada, the following methods can help:

Cheque Book

The cheque book that is issued by Bassein Catholic Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bassein Catholic Cooperative Bank Limited branches in Wada and Thane, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bassein Catholic Cooperative Bank Limited and look for the branch locator section, then search for Wada or Wada to get the exact IFSC Code BACB0000036.

Mobile Banking App

If you use Bassein Catholic Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bassein Catholic Cooperative Bank Limited and Wada, then it will provide you proper information.

How to Use IFSC Code BACB0000036 for Online Transfers?

Once you have the IFSC Code BACB0000036 for the Wada branch of Bassein Catholic Cooperative Bank Limited in Wada, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BACB0000036. 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 BACB0000036.

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 Wada in Wada, 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 Wada, 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 Wada manage their online transfers and cheque clearances easily.