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 Midc Navi Mumbai branch in Navi Mumbai, 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 Navi Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000073. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for G P Parsik Bank, Midc Navi Mumbai, Navi Mumbai
Below in the table are the key details related to IFSC Code PJSB0000073 of G P Parsik Bank for its branch located in Navi Mumbai, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000073 |
| Branch | Midc Navi Mumbai |
| City | Navi Mumbai |
| District | Thane |
| State | Maharashtra |
| Address | Gala No 35, Gr Flr, Hasti Ind.Primises Co-Op Soc. |
These details are essential not only for online banking users but also for businesses and individuals who use G P Parsik Bank in Navi Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000073 for the Midc Navi Mumbai 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 Midc Navi Mumbai, Navi Mumbai, Maharashtra, are given a unique IFSC like PJSB0000073 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Navi Mumbai.
- 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 Navi Mumbai 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 Midc Navi Mumbai 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 PJSB0000073
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 Midc Navi Mumbai in Navi Mumbai.
For example, the IFSC Code PJSB0000073 of G P Parsik Bank for the Midc Navi Mumbai branch includes these elements, identifying the bank and the branch location in Navi Mumbai and Maharashtra accurately.
How to Find IFSC Code for G P Parsik Bank?
If you are trying to find the IFSC Code PJSB0000073 of G P Parsik Bank for its Midc Navi Mumbai branch located in Navi 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 Navi Mumbai 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 find the branch locator section. Search for Midc Navi Mumbai or Navi Mumbai to get the exact IFSC Code PJSB0000073.
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 Navi Mumbai that will provide accurate information.
How to Use IFSC Code PJSB0000073 for Online Transfers?
Once you have the IFSC Code PJSB0000073 for the Midc Navi Mumbai branch of G P Parsik Bank in Navi Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PJSB0000073. 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 PJSB0000073.
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 Midc Navi Mumbai in Navi 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 differ from IFSC codes. If you are looking for the MICR code of G P Parsik Bank in Midc Navi Mumbai, 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 Navi Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is PJSB0000073.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Gala No 35, Gr Flr, Hasti Ind.Primises Co-Op Soc. located in Navi Mumbai, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.