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 Khopoli branch in Khopoli, Raigad, 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 Khopoli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000078. 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, Khopoli, Khopoli
Here are some of the key details that come with the IFSC Code PJSB0000078 of G P Parsik Bank for its branch located in Khopoli, within the district of Raigad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000078 |
| Branch | Khopoli |
| City | Khopoli |
| District | Raigad |
| State | Maharashtra |
| Address | Shop No. 3 Grnd Frl, Jagannath Complex, Survey No.3878 P, Cts No. 3879, 3880, House No. 64,65, Bhanvaj Village, Khopoli, Tal. Khalapur, Dist. Raigad - 410203 |
These details are essential not only for online banking users but also for businesses and individuals who use G P Parsik Bank in Khopoli for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000078 for the Khopoli 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 provided by the Reserve Bank of India. Every bank branch, including G P Parsik Bank located in Khopoli, Khopoli, Maharashtra, is provided with a unique IFSC like PJSB0000078 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 Khopoli.
- 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 Khopoli and Raigad.
- 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 Khopoli do not get mixed with another location.
Format of the IFSC Code PJSB0000078
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 Khopoli in Khopoli.
For example, the IFSC Code PJSB0000078 of G P Parsik Bank for the Khopoli branch includes these elements, identifying the bank and the branch location in Khopoli and Maharashtra accurately.
How to Find IFSC Code for G P Parsik Bank?
If you are trying to find the IFSC Code PJSB0000078 of G P Parsik Bank for its Khopoli branch located in Khopoli, the following methods can help:
Cheque Book
The cheque book issued by G P Parsik Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including G P Parsik Bank branches in Khopoli and Raigad, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of G P Parsik Bank and navigate to the branch locator section. Search for Khopoli or Khopoli to get the exact IFSC Code PJSB0000078.
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 keeps an updated list of all IFSC codes. If you search for G P Parsik Bank and Khopoli, you'll get the correct details.
How to Use IFSC Code PJSB0000078 for Online Transfers?
Once you have the IFSC Code PJSB0000078 for the Khopoli branch of G P Parsik Bank in Khopoli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PJSB0000078. 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 PJSB0000078.
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 Khopoli in Khopoli, 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 Khopoli, 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 Khopoli to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Khopoli Khopoli branch is PJSB0000078.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shop No. 3 Grnd Frl, Jagannath Complex, Survey No.3878 P, Cts No. 3879, 3880, House No. 64,65, Bhanvaj Village, Khopoli, Tal. Khalapur, Dist. Raigad - 410203.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.