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IFSC Code of G P Parsik Bank, Kalbadevi, Mumbai, Greater Bombay, Maharashtra — PJSB0000023

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of G P Parsik Bank for its Kalbadevi, Mumbai branch in Kalbadevi, Mumbai, Greater Bombay, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of G P Parsik Bank located in Kalbadevi, Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000023. 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, Kalbadevi, Mumbai, Kalbadevi, Mumbai

Here are some of the key details that come with the IFSC Code PJSB0000023 of G P Parsik Bank for its branch located in Kalbadevi, Mumbai, within the district of Greater Bombay in the state of Maharashtra.

Particulars Details
Bank G P Parsik Bank
IFSC Code PJSB0000023
Branch Kalbadevi, Mumbai
City Kalbadevi, Mumbai
District Greater Bombay
State Maharashtra
Address 30/32 Ramvadi, Prabhu Sundar Co-Op. Hsg.Soc. Kalbadevi Road, Mumbai 400 002

These details help users in online banking and for businesses and individuals who use G P Parsik Bank in Kalbadevi, Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000023 for the Kalbadevi, Mumbai 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including G P Parsik Bank located in Kalbadevi, Mumbai, Kalbadevi, Mumbai, Maharashtra, is provided a unique IFSC like PJSB0000023 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 Kalbadevi, Mumbai.
  • 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 Kalbadevi, Mumbai and Greater Bombay.
  • 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 Kalbadevi, Mumbai do not get misguided to another person.

Format of the IFSC Code PJSB0000023

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 Kalbadevi, Mumbai in Kalbadevi, Mumbai.

For example, the IFSC Code PJSB0000023 of G P Parsik Bank for the Kalbadevi, Mumbai branch includes these elements, identifying the bank and the branch location in Kalbadevi, Mumbai and Maharashtra accurately.

How to Find IFSC Code for G P Parsik Bank?

To find the IFSC Code PJSB0000023 of G P Parsik Bank for its Kalbadevi, Mumbai branch located in Kalbadevi, Mumbai, 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 Kalbadevi, Mumbai and Greater Bombay, 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 Kalbadevi, Mumbai or Kalbadevi, Mumbai to find the exact IFSC Code PJSB0000023.

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 Kalbadevi, Mumbai will provide accurate information.

How to Use IFSC Code PJSB0000023 for Online Transfers?

Once you have the IFSC Code PJSB0000023 for the Kalbadevi, Mumbai branch of G P Parsik Bank in Kalbadevi, Mumbai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PJSB0000023. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and G P Parsik Bank IFSC Code PJSB0000023.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for G P Parsik Bank Kalbadevi, Mumbai in Kalbadevi, Mumbai, it can 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 Kalbadevi, Mumbai, 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 Kalbadevi, Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of G P Parsik Bank Kalbadevi, Mumbai Kalbadevi, Mumbai?

The IFSC Code of the Kalbadevi, Mumbai Kalbadevi, Mumbai branch is PJSB0000023.

Is IFSC Code PJSB0000023 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the G P Parsik Bank Kalbadevi, Mumbai branch?

The branch is located at 30/32 Ramvadi, Prabhu Sundar Co-Op. Hsg.Soc. Kalbadevi Road, Mumbai 400 002.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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