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 Vitawa branch in Thane, Thane, 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 Thane or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code PJSB0000043. 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, Vitawa, Thane
Below in the table are the key details related to IFSC Code PJSB0000043 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 | PJSB0000043 |
| Branch | Vitawa |
| City | Thane |
| District | Thane |
| State | Maharashtra |
| Address | Shop No.1 Vishram Co.Op. Hsg. Soc. Vitawa, Kalwa, Thane 400605. |
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 PJSB0000043 for the Vitawa 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 Vitawa, Thane, Maharashtra, is provided with a unique IFSC like PJSB0000043 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 Vitawa do not get mixed with another location.
Format of the IFSC Code PJSB0000043
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 Vitawa in Thane.
For example, the IFSC Code PJSB0000043 of G P Parsik Bank for the Vitawa branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for G P Parsik Bank?
To find the IFSC Code PJSB0000043 of G P Parsik Bank for its Vitawa branch located in Thane, the following methods can help you out:
Cheque Book
The cheque book issued by G P Parsik Bank includes the IFSC Code printed on each cheque leaf. 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 go to the branch locator section. Then search for Vitawa or Thane to find the exact IFSC Code PJSB0000043.
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 maintains an updated database of all IFSC codes. Searching for G P Parsik Bank and Thane will provide accurate information.
How to Use IFSC Code PJSB0000043 for Online Transfers?
Once you have the IFSC Code PJSB0000043 for the Vitawa 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 PJSB0000043. 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 PJSB0000043.
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 Vitawa in Thane, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of G P Parsik Bank in Vitawa, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Thane manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Vitawa Thane branch is PJSB0000043.
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 Vishram Co.Op. Hsg. Soc. Vitawa, Kalwa, Thane 400605..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.