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IFSC Code of G P Parsik Bank, Louiswadi Branch, Thane, Maharashtra — PJSB0000010

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 Louiswadi Branch branch in Louiswadi Thane, 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 Louiswadi Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000010. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for G P Parsik Bank, Louiswadi Branch, Louiswadi Thane

Here are the main details that are associated with the IFSC Code PJSB0000010 of G P Parsik Bank for its branch located in Louiswadi Thane, within the district of Thane in the state of Maharashtra.

Particulars Details
Bank G P Parsik Bank
IFSC Code PJSB0000010
Branch Louiswadi Branch
City Louiswadi Thane
District Thane
State Maharashtra
Address Louiswadi Branch, Surabhi Apartment, Ground Floor, Louiswadi, Thane.

These details are essential not only for online banking users but also for businesses and individuals who use G P Parsik Bank in Louiswadi Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000010 for the Louiswadi Branch 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 Louiswadi Branch, Louiswadi Thane, Maharashtra, is provided with a unique IFSC like PJSB0000010 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 Louiswadi Thane.
  • 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 Louiswadi Thane 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 Louiswadi Branch do not get mixed with another location.

Format of the IFSC Code PJSB0000010

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 Louiswadi Branch in Louiswadi Thane.

For example, the IFSC Code PJSB0000010 of G P Parsik Bank for the Louiswadi Branch branch includes these elements, identifying the bank and the branch location in Louiswadi Thane and Maharashtra accurately.

How to Find IFSC Code for G P Parsik Bank?

To find the IFSC Code PJSB0000010 of G P Parsik Bank for its Louiswadi Branch branch located in Louiswadi Thane, 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 Louiswadi Thane 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 Louiswadi Branch or Louiswadi Thane to find the exact IFSC Code PJSB0000010.

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 Louiswadi Thane will provide accurate information.

How to Use IFSC Code PJSB0000010 for Online Transfers?

Once you have the IFSC Code PJSB0000010 for the Louiswadi Branch branch of G P Parsik Bank in Louiswadi Thane, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PJSB0000010. 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 PJSB0000010.

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 Louiswadi Branch in Louiswadi Thane, 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 Louiswadi 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 Louiswadi Thane to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of G P Parsik Bank Louiswadi Branch Louiswadi Thane?

The IFSC Code of the Louiswadi Branch Louiswadi Thane branch is PJSB0000010.

Is IFSC Code PJSB0000010 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 Louiswadi Branch branch?

The branch is located at Louiswadi Branch, Surabhi Apartment, Ground Floor, Louiswadi, Thane..

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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