Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of G P Parsik Bank for its Taloja branch in Panvel, Raigad, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of G P Parsik Bank located in Panvel or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000068. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for G P Parsik Bank, Taloja, Panvel
The table below shows the main details of the IFSC Code PJSB0000068 for the G P Parsik Bank branch in Panvel, which falls under the Raigad district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000068 |
| Branch | Taloja |
| City | Panvel |
| District | Raigad |
| State | Maharashtra |
| Address | Shop No 1 2 3 Grd Flr Shree Samarth Bldg Plt No 34 Sec 11 Panchnand Taloja Tal Panvel Navi Mumabi 410208 |
These details are crucial, not just for online banking users but also for businesses and individuals who use G P Parsik Bank in Panvel for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000068 for the Taloja branch of G P Parsik Bank has 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 Taloja, Panvel, Maharashtra, are allotted a unique IFSC like PJSB0000068 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Panvel.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Panvel and Raigad.
- 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 Taloja reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code PJSB0000068
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 Taloja in Panvel.
For example, the IFSC Code PJSB0000068 of G P Parsik Bank for the Taloja branch includes these elements, identifying the bank and the branch location in Panvel and Maharashtra correctly.
How to Find IFSC Code for G P Parsik Bank?
If you are looking for the IFSC Code PJSB0000068 of G P Parsik Bank for its Taloja 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 Taloja or Panvel to get the exact IFSC Code PJSB0000068.
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 PJSB0000068 for Online Transfers?
Once you have the IFSC Code PJSB0000068 for the Taloja 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 PJSB0000068. 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 PJSB0000068.
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 Taloja in Panvel, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of G P Parsik Bank in Taloja, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official G P Parsik Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Panvel manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PJSB0000068.
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 Shop No 1 2 3 Grd Flr Shree Samarth Bldg Plt No 34 Sec 11 Panchnand Taloja Tal Panvel Navi Mumabi 410208 located in Panvel, Raigad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.