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 Turbhe branch in Turbhe, 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 Turbhe or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000039. 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, Turbhe, Turbhe
Here are some of the key details that come with the IFSC Code PJSB0000039 of G P Parsik Bank for its branch located in Turbhe, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000039 |
| Branch | Turbhe |
| City | Turbhe |
| District | Thane |
| State | Maharashtra |
| Address | Vimal Smruti, Ground Floor, Plot No 467 B Sector-22, Turbhe, Navi Mumbai 400703 |
These details are essential not only for online banking users but also for businesses and individuals who use G P Parsik Bank in Turbhe for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PJSB0000039 for the Turbhe 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, along with G P Parsik Bank located in Turbhe, Turbhe, Maharashtra, are given a unique IFSC like PJSB0000039 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Turbhe.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Turbhe 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 helps ensure that any money sent to G P Parsik Bank in Turbhe goes to the correct branch. This is important because G P Parsik Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code PJSB0000039
The format of the IFSC Code for banks, including G P Parsik Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For G P Parsik Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Turbhe in Turbhe.
For example, the IFSC Code PJSB0000039 of G P Parsik Bank for the Turbhe branch includes these elements, identifying the bank and the branch location in Turbhe and Maharashtra accurately.
How to Find IFSC Code for G P Parsik Bank?
To find the IFSC Code PJSB0000039 of G P Parsik Bank for its Turbhe branch located in Turbhe, 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 Turbhe 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 Turbhe or Turbhe to find the exact IFSC Code PJSB0000039.
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 Turbhe will provide accurate information.
How to Use IFSC Code PJSB0000039 for Online Transfers?
Once you have the IFSC Code PJSB0000039 for the Turbhe branch of G P Parsik Bank in Turbhe, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PJSB0000039. Transfers are processed in batches. This is 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. Requires the recipient's account details and G P Parsik Bank IFSC Code PJSB0000039.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for G P Parsik Bank Turbhe in Turbhe 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 Turbhe, 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 Turbhe manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PJSB0000039.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Vimal Smruti, Ground Floor, Plot No 467 B Sector-22, Turbhe, Navi Mumbai 400703 located in Turbhe, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.