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 Parsik Nagar Branch branch in Kalwa, 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 Kalwa or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000018. 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, Parsik Nagar Branch, Kalwa
The table below shows the main details of the IFSC Code PJSB0000018 for the G P Parsik Bank branch in Kalwa, which falls under the Thane district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000018 |
| Branch | Parsik Nagar Branch |
| City | Kalwa |
| District | Thane |
| State | Maharashtra |
| Address | Sahakar Murti Gopinath Shivram Patil Bhavan, Parsik Nagar Kalwa, Thane |
These details are crucial, not just for online banking users but also for businesses and individuals who use G P Parsik Bank in Kalwa for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000018 for the Parsik Nagar Branch branch of G P Parsik Bank has an 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, along with G P Parsik Bank located in Parsik Nagar Branch, Kalwa, Maharashtra, are allotted a unique IFSC like PJSB0000018 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kalwa.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kalwa and Thane.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to G P Parsik Bank in Parsik Nagar Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code PJSB0000018
The format of the IFSC Code for banks, including G P Parsik Bank, follows 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 Parsik Nagar Branch in Kalwa.
For example, the IFSC Code PJSB0000018 of G P Parsik Bank for the Parsik Nagar Branch branch includes these elements, identifying the bank and the branch location in Kalwa and Maharashtra accurately.
How to Find IFSC Code for G P Parsik Bank?
If you are trying to find the IFSC Code PJSB0000018 of G P Parsik Bank for its Parsik Nagar Branch branch located in Kalwa, 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 Kalwa 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 Parsik Nagar Branch or Kalwa to get the exact IFSC Code PJSB0000018.
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 Kalwa that will provide accurate information.
How to Use IFSC Code PJSB0000018 for Online Transfers?
If you have the IFSC Code PJSB0000018 for the Parsik Nagar Branch branch of G P Parsik Bank in Kalwa, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PJSB0000018. 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 PJSB0000018.
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 Parsik Nagar Branch in Kalwa, it may result in delayed or failed transactions.
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 Parsik Nagar Branch, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Kalwa manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PJSB0000018.
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 Sahakar Murti Gopinath Shivram Patil Bhavan, Parsik Nagar Kalwa, Thane located in Kalwa, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.