IFSC Code of Bassein Catholic Cooperative Bank Limited, Marol Branch, Maharashtra

If you are searching for the IFSC code of Bassein Catholic Cooperative Bank Limited, MAROL branch in MUMBAI, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is BACB0000026. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the MAROL branch, and detailed step-by-step guides for using the IFSC BACB0000026 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, BACB0000026 is the IFSC of Bassein Catholic Cooperative Bank Limited's MAROL branch. The format is fixed: BACB = bank code, 0 = reserved, 000026 = branch identifier.

Branch details at a glance

About Bassein Catholic Cooperative Bank Limited

Bassein Catholic Cooperative Bank Limited operates a wide network of branches across India, including the Marol branch in Mumbai. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, BACB0000026.

About the Marol branch

The Marol branch of Bassein Catholic Cooperative Bank Limited is situated at KOSHYA APPARTMENT, BAMANPURI ROAD, OPP. GREATER BOMBAY BANK LTD., J. B. NAGAR, MAROL, ANDHERI (E), MUMBAI - 400059. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code BACB0000026 is used.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Bassein Catholic Cooperative Bank Limited's MAROL branch came to be assigned the code BACB0000026.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC BACB0000026, money simply cannot be routed to the MAROL branch electronically.

How to transfer money using IFSC BACB0000026

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC BACB0000026 across all three.

NEFT to Bassein Catholic Cooperative Bank Limited, MAROL using IFSC BACB0000026

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC BACB0000026, and confirm that the system picks up Bassein Catholic Cooperative Bank Limited – MAROL. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC BACB0000026

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bassein Catholic Cooperative Bank Limited – MAROL, ensure your bank's portal accepts IFSC BACB0000026 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Bassein Catholic Cooperative Bank Limited MAROL (IFSC BACB0000026)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BACB0000026 in your mobile or internet banking app, and the money is credited to the MAROL branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Marol

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC BACB0000026:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at MAROL is still linked to IFSC BACB0000026.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC BACB0000026

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Bassein Catholic Cooperative Bank Limited – MAROL is still mapped to IFSC BACB0000026. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC BACB0000026 and the beneficiary's account number to complete the transfer.

Account types you can open at the Marol branch

Once you have an account at Bassein Catholic Cooperative Bank Limited – MAROL, the IFSC BACB0000026 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Marol branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 9850965045.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC BACB0000026

MICR & cheque-truncation details

Cheques drawn on the Marol branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BACB0000026 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the Marol branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC BACB0000026 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Common mistakes to avoid when using IFSC BACB0000026

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Bassein Catholic Cooperative Bank Limited – MAROL, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: BACB0000026.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

Reaching the branch

The Marol branch sits at KOSHYA APPARTMENT, BAMANPURI ROAD, OPP. GREATER BOMBAY BANK LTD., J. B. NAGAR, MAROL, ANDHERI (E), MUMBAI - 400059. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 9850965045 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC BACB0000026 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC BACB0000026 for Bassein Catholic Cooperative Bank Limited – MAROL, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Marol branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BACB0000026, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code BACB0000026 belongs to Bassein Catholic Cooperative Bank Limited's MAROL branch, located at KOSHYA APPARTMENT, BAMANPURI ROAD, OPP. GREATER BOMBAY BANK LTD., J. B. NAGAR,… in MUMBAI, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.