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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of G P Parsik Bank for its Shilgaon branch in Shilgaon, Thane, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of G P Parsik Bank located in Shilgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000037. 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, Shilgaon, Shilgaon
Here are the main details that are associated with the IFSC Code PJSB0000037 of G P Parsik Bank for its branch located in Shilgaon, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000037 |
| Branch | Shilgaon |
| City | Shilgaon |
| District | Thane |
| State | Maharashtra |
| Address | Shivkrupa Building, 1St Floor, Survey No 210/7,8 Shilgaon Tal. & Dist. Thane 421204 |
These details help users in online banking and for businesses and individuals who use G P Parsik Bank in Shilgaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000037 for the Shilgaon 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including G P Parsik Bank located in Shilgaon, Shilgaon, Maharashtra, is provided a unique IFSC like PJSB0000037 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the G P Parsik Bank branch in Shilgaon.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Shilgaon and Thane.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for G P Parsik Bank in Shilgaon do not get misguided to another person.
Format of the IFSC Code PJSB0000037
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): These represent the bank code. In G P Parsik Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Shilgaon in Shilgaon.
For example, the IFSC Code PJSB0000037 of G P Parsik Bank for the Shilgaon branch has these elements, identifying the bank and the branch location in Shilgaon and Maharashtra correctly.
How to Find IFSC Code for G P Parsik Bank?
If you are trying to find the IFSC Code PJSB0000037 of G P Parsik Bank for its Shilgaon branch located in Shilgaon, the following methods can help:
Cheque Book
The cheque book issued by G P Parsik Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including G P Parsik Bank branches in Shilgaon and Thane, print them on the first page of your passbook.
Bank Website
Visit the official website of G P Parsik Bank and navigate to the branch locator section. Search for Shilgaon or Shilgaon to get the exact IFSC Code PJSB0000037.
Mobile Banking App
If you use G P Parsik Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for G P Parsik Bank and Shilgaon, you'll get the correct details.
How to Use IFSC Code PJSB0000037 for Online Transfers?
Once you have the IFSC Code PJSB0000037 for the Shilgaon branch of G P Parsik Bank in Shilgaon, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PJSB0000037. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and G P Parsik Bank IFSC Code PJSB0000037.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for G P Parsik Bank Shilgaon in Shilgaon, it can 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 Shilgaon, 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 Shilgaon to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is PJSB0000037.
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 Shivkrupa Building, 1St Floor, Survey No 210/7,8 Shilgaon Tal. & Dist. Thane 421204 located in Shilgaon, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.