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 Vasind branch in Vasind, 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 Vasind or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PJSB0000035. 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, Vasind, Vasind
The table below shows the main details of the IFSC Code PJSB0000035 for the G P Parsik Bank branch in Vasind, which falls under the Thane district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | G P Parsik Bank |
| IFSC Code | PJSB0000035 |
| Branch | Vasind |
| City | Vasind |
| District | Thane |
| State | Maharashtra |
| Address | Shop No.7 To 10 Ground Floor, Rohini Apartment Padmashri Tarmale Nagar, Vasind, Tal Shahapur, Dist. Thane |
These details are important not only for users using online banking but also for businesses and individuals who use G P Parsik Bank in Vasind for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PJSB0000035 for the Vasind branch of G P Parsik Bank is vital.
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 Vasind, Vasind, Maharashtra, is provided a unique IFSC like PJSB0000035 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 Vasind.
- 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 Vasind 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 Vasind do not get misguided to another person.
Format of the IFSC Code PJSB0000035
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 Vasind in Vasind.
For example, the IFSC Code PJSB0000035 of G P Parsik Bank for the Vasind branch includes these elements, identifying the bank and the branch location in Vasind and Maharashtra accurately.
How to Find IFSC Code for G P Parsik Bank?
If you are looking for the IFSC Code PJSB0000035 of G P Parsik Bank for its Vasind branch located in Vasind, the following methods can help:
Cheque Book
The cheque book that is issued by G P Parsik Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including G P Parsik Bank branches in Vasind and Thane, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of G P Parsik Bank and look for the branch locator section, then search for Vasind or Vasind to get the exact IFSC Code PJSB0000035.
Mobile Banking App
If you use G P Parsik Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for G P Parsik Bank and Vasind, then it will provide you proper information.
How to Use IFSC Code PJSB0000035 for Online Transfers?
Once you have the IFSC Code PJSB0000035 for the Vasind branch of G P Parsik Bank in Vasind, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PJSB0000035. 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 PJSB0000035.
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 Vasind in Vasind may 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 Vasind, 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 Vasind manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is PJSB0000035.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No.7 To 10 Ground Floor, Rohini Apartment Padmashri Tarmale Nagar, Vasind, Tal Shahapur, Dist. Thane located in Vasind, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.