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IFSC Code of G P Parsik Bank, Majiwade Branch, Thane, Maharashtra — PJSB0000006

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of G P Parsik Bank for its Majiwade Branch branch in Majiwade, Thane, Thane, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of G P Parsik Bank located in Majiwade, Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000006. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

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

Here are some of the key details that come with the IFSC Code PJSB0000006 of G P Parsik Bank for its branch located in Majiwade, Thane, within the district of Thane in the state of Maharashtra.

Particulars Details
Bank G P Parsik Bank
IFSC Code PJSB0000006
Branch Majiwade Branch
City Majiwade, Thane
District Thane
State Maharashtra
Address High Street Cum Highland Corporate Centre, Ground Floor Gb-149 Near Big Bazar Majiwade Thane 400607

These details are essential not only for online banking users but also for businesses and individuals who use G P Parsik Bank in Majiwade, Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000006 for the Majiwade 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, along with G P Parsik Bank located in Majiwade Branch, Majiwade, Thane, Maharashtra, are given a unique IFSC like PJSB0000006 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Majiwade, Thane.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Majiwade, Thane 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 helps ensure that any money sent to G P Parsik Bank in Majiwade Branch goes to the correct branch. This is important because G P Parsik Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code PJSB0000006

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 Majiwade Branch in Majiwade, Thane.

For example, the IFSC Code PJSB0000006 of G P Parsik Bank for the Majiwade Branch branch includes these elements, identifying the bank and the branch location in Majiwade, Thane and Maharashtra accurately.

How to Find IFSC Code for G P Parsik Bank?

If you are looking for the IFSC Code PJSB0000006 of G P Parsik Bank for its Majiwade Branch branch located in Majiwade, Thane, 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 Majiwade, Thane 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 Majiwade Branch or Majiwade, Thane to get the exact IFSC Code PJSB0000006.

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 Majiwade, Thane, then it will provide you proper information.

How to Use IFSC Code PJSB0000006 for Online Transfers?

Once you have the IFSC Code PJSB0000006 for the Majiwade Branch branch of G P Parsik Bank in Majiwade, Thane, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PJSB0000006. Transfers are processed in batches. This is 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. Requires the recipient's account details and G P Parsik Bank IFSC Code PJSB0000006.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for G P Parsik Bank Majiwade Branch in Majiwade, Thane 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 Majiwade 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 Majiwade, 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 in Majiwade Branch, Majiwade, Thane?

The IFSC Code is PJSB0000006.

Is the IFSC Code PJSB0000006 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of G P Parsik Bank Majiwade Branch?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Majiwade Branch branch?

The address of the branch is High Street Cum Highland Corporate Centre, Ground Floor Gb-149 Near Big Bazar Majiwade Thane 400607 located in Majiwade, Thane, Thane, Maharashtra.

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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