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 Koparkhairne Sector 17 branch in Koparkhairne, 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 Koparkhairne or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000015. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for G P Parsik Bank, Koparkhairne Sector 17, Koparkhairne
Here are some of the key details that come with the IFSC Code PJSB0000015 of G P Parsik Bank for its branch located in Koparkhairne, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000015 |
| Branch | Koparkhairne Sector 17 |
| City | Koparkhairne |
| District | Thane |
| State | Maharashtra |
| Address | Sector No 17 Dnyan Vikas Sanstha Vidyalaya Koparkhairne 400709 |
These details are essential not only for online banking users but also for businesses and individuals who use G P Parsik Bank in Koparkhairne for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000015 for the Koparkhairne Sector 17 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 that is provided by the Reserve Bank of India. A unique IFSC like PJSB0000015 is given to every bank branch, including G P Parsik Bank located in Koparkhairne Sector 17, Koparkhairne, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the G P Parsik Bank branch in Koparkhairne.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Koparkhairne and Thane.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for G P Parsik Bank in Koparkhairne Sector 17 doesn't end up at another location.
Format of the IFSC Code PJSB0000015
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 Koparkhairne Sector 17 in Koparkhairne.
For example, the IFSC Code PJSB0000015 of G P Parsik Bank for the Koparkhairne Sector 17 branch includes these elements, identifying the bank and the branch location in Koparkhairne and Maharashtra accurately.
How to Find IFSC Code for G P Parsik Bank?
To find the IFSC Code PJSB0000015 of G P Parsik Bank for its Koparkhairne Sector 17 branch located in Koparkhairne, 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 Koparkhairne 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 go to the branch locator section. Then search for Koparkhairne Sector 17 or Koparkhairne to find the exact IFSC Code PJSB0000015.
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 Koparkhairne will provide accurate information.
How to Use IFSC Code PJSB0000015 for Online Transfers?
Once you have the IFSC Code PJSB0000015 for the Koparkhairne Sector 17 branch of G P Parsik Bank in Koparkhairne, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PJSB0000015. 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 PJSB0000015.
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 Koparkhairne Sector 17 in Koparkhairne, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of G P Parsik Bank in Koparkhairne Sector 17, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Koparkhairne manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Koparkhairne Sector 17 Koparkhairne branch is PJSB0000015.
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 Sector No 17 Dnyan Vikas Sanstha Vidyalaya Koparkhairne 400709.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.