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 Nerul Phase - Ii Branch branch in Nerul, 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 Nerul or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000019. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for G P Parsik Bank, Nerul Phase - Ii Branch, Nerul
The table below shows the main details of the IFSC Code PJSB0000019 for the G P Parsik Bank branch in Nerul, which falls under the Thane district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000019 |
| Branch | Nerul Phase - Ii Branch |
| City | Nerul |
| District | Thane |
| State | Maharashtra |
| Address | Nerul Phase - Ii Branch, Plot No. 28/B, Sector No. 10, Nerul, Opp. Sarsole Bus Stop, Navi Mumbai - 400 708. |
These details are essential not only for online banking users but also for businesses and individuals who use G P Parsik Bank in Nerul for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000019 for the Nerul Phase - Ii 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 that is provided by the Reserve Bank of India. A unique IFSC like PJSB0000019 is given to every bank branch, including G P Parsik Bank located in Nerul Phase - Ii Branch, Nerul, 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 Nerul.
- 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 Nerul 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 Nerul Phase - Ii Branch doesn't end up at another location.
Format of the IFSC Code PJSB0000019
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 Nerul Phase - Ii Branch in Nerul.
For example, the IFSC Code PJSB0000019 of G P Parsik Bank for the Nerul Phase - Ii Branch branch includes these elements, identifying the bank and the branch location in Nerul and Maharashtra accurately.
How to Find IFSC Code for G P Parsik Bank?
If you are looking for the IFSC Code PJSB0000019 of G P Parsik Bank for its Nerul Phase - Ii Branch branch located in Nerul, 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 Nerul 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 Nerul Phase - Ii Branch or Nerul to get the exact IFSC Code PJSB0000019.
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 Nerul, then it will provide you proper information.
How to Use IFSC Code PJSB0000019 for Online Transfers?
Once you have the IFSC Code PJSB0000019 for the Nerul Phase - Ii Branch branch of G P Parsik Bank in Nerul, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PJSB0000019. 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 PJSB0000019.
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 Nerul Phase - Ii Branch in Nerul 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 Nerul Phase - Ii Branch, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Nerul manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PJSB0000019.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Nerul Phase - Ii Branch, Plot No. 28/B, Sector No. 10, Nerul, Opp. Sarsole Bus Stop, Navi Mumbai - 400 708. located in Nerul, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.