IFSC Code of G P Parsik Bank, Karjat Branch, Maharashtra

This page lists the IFSC code, branch address, contact number and fund-transfer information for G P Parsik Bank, KARJAT branch in KARJAT. The 11-digit IFSC PJSB0000056 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with G P Parsik Bank at the KARJAT location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, PJSB0000056 is the IFSC of G P Parsik Bank's KARJAT branch. The format is fixed: PJSB = bank code, 0 = reserved, 000056 = branch identifier.

Bank profile

G P Parsik Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Karjat branch — IFSC PJSB0000056 — extends the bank's services to customers in and around Karjat, Maharashtra.

Karjat branch overview

Located at GROUND FLOOR, PARSHWANATH TOWER, SURVEY NO. 27A, 27B, MAHAVIR PET ROAD, KARJAT, DIST. RAIGAD 410201., the Karjat branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PJSB0000056 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

Why every G P Parsik Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including KARJAT of G P Parsik Bank — its own 11-character IFSC. The code PJSB0000056 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC PJSB0000056 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Karjat branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PJSB0000056 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC PJSB0000056

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC PJSB0000056 across all three.

How to use IFSC PJSB0000056 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to G P Parsik Bank's KARJAT branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC PJSB0000056.
4. Confirm the bank name auto-populates as G P Parsik Bank and the branch as KARJAT.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to KARJAT

If you need to transfer ₹2 lakh or more in one go to an account at G P Parsik Bank's KARJAT branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PJSB0000056 while initiating the transfer and the credit will appear within minutes.

IMPS to G P Parsik Bank KARJAT (IFSC PJSB0000056)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PJSB0000056 in your mobile or internet banking app, and the money is credited to the KARJAT branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Karjat

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC PJSB0000056:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at KARJAT is still linked to IFSC PJSB0000056.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC PJSB0000056

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at G P Parsik Bank – KARJAT is still mapped to IFSC PJSB0000056. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC PJSB0000056 and the beneficiary's account number to complete the transfer.

Account types you can open at the Karjat branch

Once you have an account at G P Parsik Bank – KARJAT, the IFSC PJSB0000056 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Karjat branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-25456500.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC PJSB0000056

Online banking and IFSC PJSB0000056

G P Parsik Bank customers can register for net banking and the bank's official mobile app once their account at the KARJAT branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC PJSB0000056 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

How to reach the Karjat branch

The branch is located at GROUND FLOOR, PARSHWANATH TOWER, SURVEY NO. 27A, 27B, MAHAVIR PET ROAD, KARJAT, DIST. RAIGAD 410201., which puts it inside Karjat, the broader Raigad district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “G P Parsik Bank Karjat branch” — the verified location pin for IFSC PJSB0000056 should appear at the top of the results.
2. Confirm the branch is open by calling 22-25456500 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC PJSB0000056 and your account number.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to G P Parsik Bank – KARJAT:

• The IFSC is exactly PJSB0000056 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills G P Parsik Bank as the bank name and KARJAT as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Working hours

Branch counters at Karjat are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to PJSB0000056 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PJSB0000056 for G P Parsik Bank – KARJAT, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PJSB0000056 belongs to G P Parsik Bank's KARJAT branch, located at GROUND FLOOR, PARSHWANATH TOWER, SURVEY NO. 27A, 27B, MAHAVIR PET ROAD,… in KARJAT, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.