There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of G P Parsik Bank for its Navade branch in Raigad, Raigad, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of G P Parsik Bank situated in Raigad or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code PJSB0000045. You should 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, Navade, Raigad
Here are the main details that are associated with the IFSC Code PJSB0000045 of G P Parsik Bank for its branch located in Raigad, within the district of Raigad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000045 |
| Branch | Navade |
| City | Raigad |
| District | Raigad |
| State | Maharashtra |
| Address | Shop No. 1 & 2, Devshrushti Complex, Navade Phata, In Fron Of Navade Gram Panchayat Dist. Raigad |
These details help users in online banking and for businesses and individuals who use G P Parsik Bank in Raigad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000045 for the Navade branch of G P Parsik Bank has a very 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 Navade, Raigad, Maharashtra, are allotted a unique IFSC like PJSB0000045 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raigad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Raigad 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 Navade reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code PJSB0000045
The format of the IFSC Code for banks, including G P Parsik Bank, follows 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 Navade in Raigad.
For example, the IFSC Code PJSB0000045 of G P Parsik Bank for the Navade branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra accurately.
How to Find IFSC Code for G P Parsik Bank?
If you are looking for the IFSC Code PJSB0000045 of G P Parsik Bank for its Navade branch located in Raigad, 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 Raigad 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 Navade or Raigad to get the exact IFSC Code PJSB0000045.
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 Raigad, then it will provide you proper information.
How to Use IFSC Code PJSB0000045 for Online Transfers?
Once you have the IFSC Code PJSB0000045 for the Navade branch of G P Parsik Bank in Raigad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PJSB0000045. 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 PJSB0000045.
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 Navade in Raigad, 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 Navade, 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 Raigad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Navade Raigad branch is PJSB0000045.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shop No. 1 & 2, Devshrushti Complex, Navade Phata, In Fron Of Navade Gram Panchayat Dist. Raigad.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.