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IFSC Code of G P Parsik Bank, Vartak Nagar, Thane, Maharashtra — PJSB0000058

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 Vartak Nagar branch in Thane, Thane, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000058. 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, Vartak Nagar, Thane

Below in the table are the key details related to IFSC Code PJSB0000058 of G P Parsik Bank for its branch located in Thane, within the district of Thane in the state of Maharashtra.

Particulars Details
Bank G P Parsik Bank
IFSC Code PJSB0000058
Branch Vartak Nagar
City Thane
District Thane
State Maharashtra
Address Shop No. B, First Floor, Tamanna Co-Op Hsg Soc, Plot No. 27, Lokmanya Nagar 2, Thane West - 400606

These details help users in online banking and for businesses and individuals who use G P Parsik Bank in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000058 for the Vartak Nagar 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 Vartak Nagar, Thane, Maharashtra, are allotted a unique IFSC like PJSB0000058 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Thane.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Thane and Thane.
  • 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 Vartak Nagar reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code PJSB0000058

This is the format of the IFSC Code for banks, including G P Parsik Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For G P Parsik Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Vartak Nagar in Thane.

For example, the IFSC Code PJSB0000058 of G P Parsik Bank for the Vartak Nagar branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

How to Find IFSC Code for G P Parsik Bank?

If you are trying to find the IFSC Code PJSB0000058 of G P Parsik Bank for its Vartak Nagar branch located in Thane, the following methods can help:

Cheque Book

The cheque books that are issued by G P Parsik Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including G P Parsik Bank branches in Thane and Thane, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of G P Parsik Bank and find the branch locator section. Search for Vartak Nagar or Thane to get the exact IFSC Code PJSB0000058.

Mobile Banking App

If you use G P Parsik Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for G P Parsik Bank and Thane that will provide accurate information.

How to Use IFSC Code PJSB0000058 for Online Transfers?

Once you have the IFSC Code PJSB0000058 for the Vartak Nagar branch of G P Parsik Bank in Thane, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PJSB0000058. 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 PJSB0000058.

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 Vartak Nagar in Thane, 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 Vartak Nagar, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Thane manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of G P Parsik Bank in Vartak Nagar, Thane?

The IFSC Code is PJSB0000058.

Is the IFSC Code PJSB0000058 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of G P Parsik Bank Vartak Nagar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Vartak Nagar branch?

The address of the branch is Shop No. B, First Floor, Tamanna Co-Op Hsg Soc, Plot No. 27, Lokmanya Nagar 2, Thane West - 400606 located in Thane, Thane, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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