For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of G P Parsik Bank for its Saba Diva branch in Diva, Thane, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of G P Parsik Bank located in Diva or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000040. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for G P Parsik Bank, Saba Diva, Diva
Here are the main details that are associated with the IFSC Code PJSB0000040 of G P Parsik Bank for its branch located in Diva, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000040 |
| Branch | Saba Diva |
| City | Diva |
| District | Thane |
| State | Maharashtra |
| Address | Dhanraj Shopping Centre, Ground Floor Saba (Diva) Thane 400612 |
These details help users in online banking and for businesses and individuals who use G P Parsik Bank in Diva for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000040 for the Saba Diva branch of G P Parsik Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including G P Parsik Bank located in Saba Diva, Diva, Maharashtra, is provided with a unique IFSC like PJSB0000040 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the G P Parsik Bank branch in Diva.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Diva and Thane.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for G P Parsik Bank in Saba Diva do not get mixed with another location.
Format of the IFSC Code PJSB0000040
The format of the IFSC Code for banks, including G P Parsik Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For G P Parsik Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Saba Diva in Diva.
For example, the IFSC Code PJSB0000040 of G P Parsik Bank for the Saba Diva branch includes these elements, identifying the bank and the branch location in Diva and Maharashtra accurately.
How to Find IFSC Code for G P Parsik Bank?
If you are trying to find the IFSC Code PJSB0000040 of G P Parsik Bank for its Saba Diva branch located in Diva, 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 Diva 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 Saba Diva or Diva to get the exact IFSC Code PJSB0000040.
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 Diva that will provide accurate information.
How to Use IFSC Code PJSB0000040 for Online Transfers?
If you have the IFSC Code PJSB0000040 for the Saba Diva branch of G P Parsik Bank in Diva, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PJSB0000040. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and G P Parsik Bank IFSC Code PJSB0000040.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for G P Parsik Bank Saba Diva in Diva, it may result in delayed or failed transactions.
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 Saba Diva, 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 Diva manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PJSB0000040.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Dhanraj Shopping Centre, Ground Floor Saba (Diva) Thane 400612 located in Diva, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.