IFSCIndex

Bassein Catholic Co Operative Bank Naigaon IFSC Code

Bassein Catholic Co Operative Bank Logo

Bassein Catholic Co Operative Bank

BACB0000011

IFSC · Used for NEFT, IMPS & RTGS

400238011

MICR · Used for Cheque Clearance

Branch

Naigaon

Address

Kolambekar Park,b Bldg.,near Naigaon Station,post Papdy,tal Vasai,dist Palghar, 401 207

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District

Vasai

State

Maharashtra

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Frequently Asked Questions

About Bassein Catholic Co Operative Bank Naigaon (kolambekar Park B Bldg - 0011), Vasai

The IFSC code BACB0000011 (lowercase: bacb0000011) belongs to Bassein Catholic Co Operative Bank, specifically the Naigaon (kolambekar Park B Bldg - 0011) branch located in Vasai, Maharashtra.

The 5th character in the IFSC code BACB0000011 is a zero (0), not the letter 'O'. The correct format is BACB0000011 (lowercase: bacb0000011), and not BACBO000011. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Bassein Catholic Co Operative Bank Naigaon (kolambekar Park B Bldg - 0011) in Vasai, Maharashtra is BACB0000011. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Bassein Catholic Co Operative Bank Naigaon (kolambekar Park B Bldg - 0011) is located at Kolambekar Park,b Bldg.,near Naigaon Station,post Papdy,tal Vasai,dist Palghar, 401 207, Vasai, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Bassein Catholic Co Operative Bank Naigaon (kolambekar Park B Bldg - 0011) is 400238011. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code BACB0000011 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code BACB0000011 by checking: (1) The top-left corner of any Bassein Catholic Co Operative Bank Naigaon (kolambekar Park B Bldg - 0011) cheque leaf, (2) The first page of your Bassein Catholic Co Operative Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: BACB0000011

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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BACB
Bank Codechars 1–4
0Reservedchar 5
000011
Branch Codechars 6–11

BACB0000011

What Each Part Means

Bank Code — BACB
The first 4 characters uniquely identify Bassein Catholic Co Operative Bank at the national level. Every branch of Bassein Catholic Co Operative Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 000011
The final 6 characters 000011 uniquely identify this specific branch within the Bassein Catholic Co Operative Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code BACB0000011
SegmentCharsValuePurpose
Bank Code1–4BACBIdentifies Bassein Catholic Co Operative Bank
Reserved50RBI reserved (always 0)
Branch Code6–11000011Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchBACB0000011400238011
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.