IFSC Code of G P Parsik Bank, Shivaji Chowk, Bhiwandi, Thane, Maharashtra — PJSB0000038

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of G P Parsik Bank for its Shivaji Chowk, Bhiwandi branch in Bhiwandi, Thane, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of G P Parsik Bank located in Bhiwandi or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000038. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for G P Parsik Bank, Shivaji Chowk, Bhiwandi, Bhiwandi

Here are the key points that are associated with the IFSC Code PJSB0000038 of G P Parsik Bank for its branch located in Bhiwandi, within the district of Thane in the state of Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use G P Parsik Bank in Bhiwandi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000038 for the Shivaji Chowk, Bhiwandi branch of G P Parsik Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like PJSB0000038 is given to every bank branch, including G P Parsik Bank located in Shivaji Chowk, Bhiwandi, Bhiwandi, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the G P Parsik Bank branch in Bhiwandi.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Bhiwandi and Thane.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for G P Parsik Bank in Shivaji Chowk, Bhiwandi doesn't end up at another location.

Format of the IFSC Code PJSB0000038

This is the format of the IFSC Code for banks, including G P Parsik Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For G P Parsik Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shivaji Chowk, Bhiwandi in Bhiwandi.

For example, the IFSC Code PJSB0000038 of G P Parsik Bank for the Shivaji Chowk, Bhiwandi branch includes these elements, identifying the bank and the branch location in Bhiwandi and Maharashtra accurately.

How to Find IFSC Code for G P Parsik Bank?

If you are trying to find the IFSC Code PJSB0000038 of G P Parsik Bank for its Shivaji Chowk, Bhiwandi branch located in Bhiwandi, the following methods can help:

Cheque Book

The cheque books that are issued by G P Parsik Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including G P Parsik Bank branches in Bhiwandi 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 find the branch locator section. Search for Shivaji Chowk, Bhiwandi or Bhiwandi to get the exact IFSC Code PJSB0000038.

Mobile Banking App

If you use G P Parsik Bank's mobile app, you can easily 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 to help you in searching for G P Parsik Bank and Bhiwandi that will provide accurate information.

How to Use IFSC Code PJSB0000038 for Online Transfers?

Once you have the IFSC Code PJSB0000038 for the Shivaji Chowk, Bhiwandi branch of G P Parsik Bank in Bhiwandi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PJSB0000038. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹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 PJSB0000038.

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 Shivaji Chowk, Bhiwandi in Bhiwandi, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of G P Parsik Bank in Shivaji Chowk, Bhiwandi, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official G P Parsik Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Bhiwandi manage online transfers as well as cheque clearances with ease.