This page lists the IFSC code, branch address, contact number and fund-transfer information for Bassein Catholic Cooperative Bank Limited, RTGS-HO branch in VASAI. The 11-digit IFSC BACB0000001 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Bassein Catholic Cooperative Bank Limited at the RTGS-HO location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Bassein Catholic Cooperative Bank Limited's RTGS-HO branch, the IFSC BACB0000001 breaks down as follows: BACB identifies the bank, 0 is the reserved character, and 000001 identifies this particular branch.
About the bank
Bassein Catholic Cooperative Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its RTGS-HO branch in Vasai, Maharashtra is part of this network and uses the IFSC code BACB0000001 for all electronic settlement.
Branch details at a glance
| Bank Name | Bassein Catholic Cooperative Bank Limited |
|---|---|
| Branch | RTGS-HO |
| IFSC Code | BACB0000001 |
| MICR Code | Refer to cheque leaf |
| Branch Address | HEAD OFFICE, CATHOLIC BANK BUILDING,PAPDY NAKA.VASAI-401207 |
| City | Vasai |
| District | Palghar |
| State | Maharashtra |
| STD Code | 250 |
| Phone | 23224941 |
About the RTGS-HO branch
The RTGS-HO branch of Bassein Catholic Cooperative Bank Limited is situated at HEAD OFFICE, CATHOLIC BANK BUILDING,PAPDY NAKA.VASAI-401207. 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 BACB0000001 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 RTGS-HO branch came to be assigned the code BACB0000001.
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 BACB0000001, money simply cannot be routed to the RTGS-HO branch electronically.
Account types you can open at the RTGS-HO branch
Once you have an account at Bassein Catholic Cooperative Bank Limited – RTGS-HO, the IFSC BACB0000001 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 RTGS-HO branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 250-23224941.
- 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 BACB0000001
How to transfer money using IFSC BACB0000001
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 BACB0000001 across all three.
How to use IFSC BACB0000001 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bassein Catholic Cooperative Bank Limited's RTGS-HO branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC BACB0000001.
- Confirm the bank name auto-populates as Bassein Catholic Cooperative Bank Limited and the branch as RTGS-HO.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to RTGS-HO
If you need to transfer ₹2 lakh or more in one go to an account at Bassein Catholic Cooperative Bank Limited's RTGS-HO branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BACB0000001 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bassein Catholic Cooperative Bank Limited – RTGS-HO, use IMPS. With IFSC BACB0000001 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to RTGS-HO
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 BACB0000001:
- 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 RTGS-HO is still linked to IFSC BACB0000001.
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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Bassein Catholic Cooperative Bank Limited's RTGS-HO branch, the IFSC BACB0000001 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the RTGS-HO 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 BACB0000001 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.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Bassein Catholic Cooperative Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC BACB0000001 and the account number together uniquely identify the RTGS-HO branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Bassein Catholic Cooperative Bank Limited – RTGS-HO:
- The IFSC is exactly BACB0000001 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Bassein Catholic Cooperative Bank Limited as the bank name and RTGS-HO as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the RTGS-HO branch
The branch is located at HEAD OFFICE, CATHOLIC BANK BUILDING,PAPDY NAKA.VASAI-401207, which puts it inside Vasai, the broader Palghar district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bassein Catholic Cooperative Bank Limited RTGS-HO branch” — the verified location pin for IFSC BACB0000001 should appear at the top of the results.
- Confirm the branch is open by calling 250-23224941 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC BACB0000001 and your account number.
Verifying IFSC BACB0000001 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm BACB0000001 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 250-23224941.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at RTGS-HO are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to BACB0000001 continue to work without interruption.
Branch address & contact
Bassein Catholic Cooperative Bank LimitedRTGS-HO Branch
HEAD OFFICE, CATHOLIC BANK BUILDING,PAPDY NAKA.VASAI-401207
Vasai, Maharashtra
Phone: 250-23224941
IFSC: BACB0000001
Frequently asked questions
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the RTGS-HO branch but serve different purposes.
How do I add Bassein Catholic Cooperative Bank Limited RTGS-HO as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BACB0000001, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC BACB0000001 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BACB0000001 to send funds instantly.
Is IFSC BACB0000001 valid for NEFT and RTGS?
Yes. IFSC BACB0000001 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Bassein Catholic Cooperative Bank Limited RTGS-HO branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 250-23224941 to confirm.
What is the phone number of Bassein Catholic Cooperative Bank Limited RTGS-HO branch?
You can reach the branch at 250-23224941 during regular banking hours.
Summary
The IFSC code BACB0000001 belongs to Bassein Catholic Cooperative Bank Limited's RTGS-HO branch, located at HEAD OFFICE, CATHOLIC BANK BUILDING,PAPDY NAKA.VASAI-401207 in VASAI, 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.
