IFSC Code of G P Parsik Bank, Kasarvadavali Branch, Thane, Maharashtra — PJSB0000020

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of G P Parsik Bank for its Kasarvadavali Branch branch in Thane, Thane, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of G P Parsik Bank located in Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000020. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for G P Parsik Bank, Kasarvadavali Branch, Thane

Here are the main details that are associated with the IFSC Code PJSB0000020 of G P Parsik Bank for its branch located in Thane, within the district of Thane in the state of Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use G P Parsik Bank in Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000020 for the Kasarvadavali 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 provided by the Reserve Bank of India. Every bank branch, including G P Parsik Bank located in Kasarvadavali Branch, Thane, Maharashtra, is provided with a unique IFSC like PJSB0000020 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 Thane.
• 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 Thane and Thane.
• 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 Kasarvadavali Branch do not get mixed with another location.

Format of the IFSC Code PJSB0000020

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 Kasarvadavali Branch in Thane.

For example, the IFSC Code PJSB0000020 of G P Parsik Bank for the Kasarvadavali Branch branch has these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.

How to Find IFSC Code for G P Parsik Bank?

If you are trying to find the IFSC Code PJSB0000020 of G P Parsik Bank for its Kasarvadavali Branch branch located in Thane, 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 Thane 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 Kasarvadavali Branch or Thane to get the exact IFSC Code PJSB0000020.

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 Thane, you'll get the correct details.

How to Use IFSC Code PJSB0000020 for Online Transfers?

If you have the IFSC Code PJSB0000020 for the Kasarvadavali Branch branch of G P Parsik Bank in Thane, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PJSB0000020. Transfers are processed in batches. 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. Asks for the recipient's account details and G P Parsik Bank IFSC Code PJSB0000020.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for G P Parsik Bank Kasarvadavali Branch in Thane, it 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 Kasarvadavali Branch, 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 Thane to handle online money transfers and get their cheques cleared smoothly.