Bassein Catholic Co-operative Bank
ST. JOSEPH EXTENSION COUNTER BRANCH
+917774099773
Related Branches
Understanding IFSC Code: The Digital DNA of Bassein Catholic Co-operative Bank
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the ST. JOSEPH EXTENSION COUNTER
branch of Bassein Catholic Co-operative Bank, the code BACB0000057 ensures
that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual
errors. In an era of instant payments, having the correct IFSC is as important as the account number
itself.
Anatomy of the BACB0000057 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"BACB" represents Bassein Catholic Co-operative Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for ST. JOSEPH EXTENSION COUNTER
Payment Systems Supported by BACB0000057
| System | Transfer Limit | Processing Time |
|---|---|---|
| NEFT | No Minimum (Up to ₹50 Lakhs+) | Half-hourly batches (24x7) |
| RTGS | Minimum ₹2 Lakhs | Real-time settlement |
| IMPS | Up to ₹5 Lakhs | Instant (Mobile/P2P) |
Why do you need the MICR Code?
While IFSC is for digital transfers, the Magnetic Ink Character Recognition
(MICR) code—400238057—is primarily
used for the processing and clearance of physical cheques. This 9-digit code helps in
identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing
faster and error-free.
Bank Holidays & Availability
The Bassein Catholic Co-operative Bank in NALLASOPARA WEST typically follows the RBI holiday calendar. Digital transfers via BACB0000057 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.
Security Warning & Verification
Always verify the branch details before making a large payment. While BACB0000057 is the valid code for ST. JOSEPH EXTENSION COUNTER at NALLASOPARA WEST, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Bassein Catholic Co-operative Bank Branch List
- • NALLASOPARA WEST IFSC Codes
- • Swift Code for Bassein Catholic Co-operative Bank
- • Bank Holiday in MAHARASHTRA
Financial Tools
- • GST Calculator Online
- • Personal Loan EMI Calc
- • FD Interest Rates 2026
- • Currency Converter
Branch Context
- • ST. JOSEPH EXTENSION COUNTER Contact
- • Address of Bassein Catholic Co-operative Bank
- • MICR Code Finder
- • MAHARASHTRA Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
INDEXING TAGS: Bassein Catholic Co-operative Bank BACB0000057 code, find ST. JOSEPH EXTENSION COUNTER branch details, Bassein Catholic Co-operative Bank NALLASOPARA WEST contact number, MAHARASHTRA bank ifsc list, anand design banking suite, ifsc finder 2026, free bank branch locator, micr code for Bassein Catholic Co-operative Bank NALLASOPARA WEST, online neft rtgs imps guide india, how to find ifsc code of Bassein Catholic Co-operative Bank.