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IFSC Code of G P Parsik Bank, Sakinaka, Mumbai, Maharashtra — PJSB0000080

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 Sakinaka branch in Mumbai, Mumbai, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000080. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for G P Parsik Bank, Sakinaka, Mumbai

Below in the table are the key details related to IFSC Code PJSB0000080 of G P Parsik Bank for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank G P Parsik Bank
IFSC Code PJSB0000080
Branch Sakinaka
City Mumbai
District Mumbai
State Maharashtra
Address Unit No. G3 Sagartek Plaza, Andheri Kurla Road, Sakinaka Mumbai - 400072

These details are essential not only for online banking users but also for businesses and individuals who use G P Parsik Bank in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000080 for the Sakinaka 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 Sakinaka, Mumbai, Maharashtra, are allotted a unique IFSC like PJSB0000080 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Mumbai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Mumbai and Mumbai.
  • 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 Sakinaka reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code PJSB0000080

The format of the IFSC Code for banks, including G P Parsik Bank, has 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 Sakinaka in Mumbai.

For example, the IFSC Code PJSB0000080 of G P Parsik Bank for the Sakinaka branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.

How to Find IFSC Code for G P Parsik Bank?

If you are trying to find the IFSC Code PJSB0000080 of G P Parsik Bank for its Sakinaka branch located in Mumbai, 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 Mumbai and Mumbai, 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 Sakinaka or Mumbai to get the exact IFSC Code PJSB0000080.

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 Mumbai that will provide accurate information.

How to Use IFSC Code PJSB0000080 for Online Transfers?

Once you have the IFSC Code PJSB0000080 for the Sakinaka branch of G P Parsik Bank in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PJSB0000080. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 PJSB0000080.

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 Sakinaka in Mumbai, your payment can get delayed or might not go through at all.

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 Sakinaka, 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 Mumbai manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of G P Parsik Bank in Sakinaka, Mumbai?

The IFSC Code is PJSB0000080.

Is the IFSC Code PJSB0000080 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sakinaka branch?

The address of the branch is Unit No. G3 Sagartek Plaza, Andheri Kurla Road, Sakinaka Mumbai - 400072 located in Mumbai, Mumbai, 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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