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 Nere branch in Panvel, Raigad, 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 Panvel or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000065. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for G P Parsik Bank, Nere, Panvel
Here are the main details that are associated with the IFSC Code PJSB0000065 of G P Parsik Bank for its branch located in Panvel, within the district of Raigad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000065 |
| Branch | Nere |
| City | Panvel |
| District | Raigad |
| State | Maharashtra |
| Address | Shop No 3 To 7 Grd Flr Sainik Apt Gate No 178 Village Nere Panvel Matheran Road Tal Panvel Dist Raigad 410206 |
These details helps users in online banking and for businesses and individuals who use G P Parsik Bank in Panvel for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000065 for the Nere branch of G P Parsik Bank plays a vital 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 Nere, Panvel, Maharashtra, is provided with a unique IFSC like PJSB0000065 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 Panvel.
- 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 Panvel and Raigad.
- 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 Nere do not get mixed with another location.
Format of the IFSC Code PJSB0000065
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 Nere in Panvel.
For example, the IFSC Code PJSB0000065 of G P Parsik Bank for the Nere branch includes these elements, identifying the bank and the branch location in Panvel and Maharashtra accurately.
How to Find IFSC Code for G P Parsik Bank?
If you are looking for the IFSC Code PJSB0000065 of G P Parsik Bank for its Nere branch located in Panvel, 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 Panvel and Raigad, 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 Nere or Panvel to get the exact IFSC Code PJSB0000065.
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 Panvel, then it will provide you proper information.
How to Use IFSC Code PJSB0000065 for Online Transfers?
Once you have the IFSC Code PJSB0000065 for the Nere branch of G P Parsik Bank in Panvel, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PJSB0000065. 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 PJSB0000065.
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 Nere in Panvel, 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 Nere, 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 Panvel to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is PJSB0000065.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No 3 To 7 Grd Flr Sainik Apt Gate No 178 Village Nere Panvel Matheran Road Tal Panvel Dist Raigad 410206 located in Panvel, Raigad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.