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 Kalwa Branch branch in Kalwa, 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 Kalwa or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000003. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for G P Parsik Bank, Kalwa Branch, Kalwa
Here are some of the key details that come with the IFSC Code PJSB0000003 of G P Parsik Bank for its branch located in Kalwa, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000003 |
| Branch | Kalwa Branch |
| City | Kalwa |
| District | Thane |
| State | Maharashtra |
| Address | Kalwa Branch, Creek View Apartment, 1St Floor, Bombay Pune Road,Kalwa, Thane - 400 605. |
These details help users in online banking and for businesses and individuals who use G P Parsik Bank in Kalwa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000003 for the Kalwa Branch 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 Kalwa Branch, Kalwa, Maharashtra, is provided with a unique IFSC like PJSB0000003 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 Kalwa.
- 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 Kalwa 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 Kalwa Branch do not get mixed with another location.
Format of the IFSC Code PJSB0000003
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 Kalwa Branch in Kalwa.
For example, the IFSC Code PJSB0000003 of G P Parsik Bank for the Kalwa Branch branch includes these elements, identifying the bank and the branch location in Kalwa and Maharashtra correctly.
How to Find IFSC Code for G P Parsik Bank?
If you are looking for the IFSC Code PJSB0000003 of G P Parsik Bank for its Kalwa Branch branch located in Kalwa, the following methods can help:
Cheque Book
The cheque book that is issued by G P Parsik Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including G P Parsik Bank branches in Kalwa and Thane, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of G P Parsik Bank and look for the branch locator section, then search for Kalwa Branch or Kalwa to get the exact IFSC Code PJSB0000003.
Mobile Banking App
If you use G P Parsik Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for G P Parsik Bank and Kalwa, then it will provide you proper information.
How to Use IFSC Code PJSB0000003 for Online Transfers?
Once you have the IFSC Code PJSB0000003 for the Kalwa Branch branch of G P Parsik Bank in Kalwa, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PJSB0000003. 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 PJSB0000003.
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 Kalwa Branch in Kalwa, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of G P Parsik Bank in Kalwa Branch, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Kalwa to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is PJSB0000003.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Kalwa Branch, Creek View Apartment, 1St Floor, Bombay Pune Road,Kalwa, Thane - 400 605. located in Kalwa, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.