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 G P Parsik Bank for its Badlapur branch in Badlapur, Thane, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of G P Parsik Bank located in Badlapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000034. 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 G P Parsik Bank, Badlapur, Badlapur
The table below shows the main details of the IFSC Code PJSB0000034 for the G P Parsik Bank branch in Badlapur, which falls under the Thane district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000034 |
| Branch | Badlapur |
| City | Badlapur |
| District | Thane |
| State | Maharashtra |
| Address | Shreeji Building Shop No 8,9,32-Cblock, Village Katrap , Kulgaon Badlapur, Tal. Ambernah, Dist. Thane. |
These details helps users in online banking and for businesses and individuals who use G P Parsik Bank in Badlapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000034 for the Badlapur branch of G P Parsik Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including G P Parsik Bank located in Badlapur, Badlapur, Maharashtra, is provided a unique IFSC like PJSB0000034 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the G P Parsik Bank branch in Badlapur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Badlapur and Thane.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for G P Parsik Bank in Badlapur do not get misguided to another person.
Format of the IFSC Code PJSB0000034
The format of the IFSC Code for banks, including G P Parsik Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For G P Parsik Bank, 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 Badlapur in Badlapur.
For example, the IFSC Code PJSB0000034 of G P Parsik Bank for the Badlapur branch includes these elements, identifying the bank and the branch location in Badlapur and Maharashtra correctly.
How to Find IFSC Code for G P Parsik Bank?
To find the IFSC Code PJSB0000034 of G P Parsik Bank for its Badlapur branch located in Badlapur, the following methods can help you out:
Cheque Book
The cheque book issued by G P Parsik Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including G P Parsik Bank branches in Badlapur and Thane, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of G P Parsik Bank and go to the branch locator section. Then search for Badlapur or Badlapur to find the exact IFSC Code PJSB0000034.
Mobile Banking App
If you use G P Parsik Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for G P Parsik Bank and Badlapur will provide accurate information.
How to Use IFSC Code PJSB0000034 for Online Transfers?
Once you have the IFSC Code PJSB0000034 for the Badlapur branch of G P Parsik Bank in Badlapur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PJSB0000034. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 G P Parsik Bank IFSC Code PJSB0000034.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the G P Parsik Bank Badlapur in Badlapur, 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 G P Parsik Bank in Badlapur, 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 G P Parsik Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Badlapur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Badlapur Badlapur branch is PJSB0000034.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shreeji Building Shop No 8,9,32-Cblock, Village Katrap , Kulgaon Badlapur, Tal. Ambernah, Dist. Thane..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.