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

Use this page as a one-stop reference for everything related to G P Parsik Bank's SAKINAKA branch in MUMBAI, MAHARASHTRA. The branch's IFSC code PJSB0000080 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for G P Parsik Bank – SAKINAKA is PJSB0000080. The first four letters PJSB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000080 map to this branch in MUMBAI, MAHARASHTRA.

About the bank

G P Parsik Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Sakinaka branch in Mumbai, Maharashtra is part of this network and uses the IFSC code PJSB0000080 for all electronic settlement.

Sakinaka branch overview

Located at UNIT NO. G3 SAGARTEK PLAZA, ANDHERI KURLA ROAD, SAKINAKA MUMBAI - 400072, the Sakinaka branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PJSB0000080 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how G P Parsik Bank's SAKINAKA branch came to be assigned the code PJSB0000080.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC PJSB0000080, money simply cannot be routed to the SAKINAKA branch electronically.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by G P Parsik Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC PJSB0000080 and the account number together uniquely identify the Sakinaka branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC PJSB0000080

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 PJSB0000080 across all three.

How to use IFSC PJSB0000080 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to G P Parsik Bank's SAKINAKA 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 PJSB0000080.
4. Confirm the bank name auto-populates as G P Parsik Bank and the branch as SAKINAKA.
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 SAKINAKA

If you need to transfer ₹2 lakh or more in one go to an account at G P Parsik Bank's SAKINAKA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PJSB0000080 while initiating the transfer and the credit will appear within minutes.

IMPS to G P Parsik Bank SAKINAKA (IFSC PJSB0000080)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PJSB0000080 in your mobile or internet banking app, and the money is credited to the SAKINAKA branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC PJSB0000080 for G P Parsik Bank – SAKINAKA, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Sakinaka branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at G P Parsik Bank's SAKINAKA branch, the IFSC PJSB0000080 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Sakinaka branch is mapped to IFSC PJSB0000080 on the RBI payments network. The branch generally supports the full retail product catalogue of G P Parsik Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains PJSB0000080.

Products and services

Customers walking into the Sakinaka branch can access most of G P Parsik Bank's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC PJSB0000080

Digital banking channels

Most day-to-day work that customers used to do at the Sakinaka branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC PJSB0000080 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

How to reach the Sakinaka branch

The branch is located at UNIT NO. G3 SAGARTEK PLAZA, ANDHERI KURLA ROAD, SAKINAKA MUMBAI - 400072, which puts it inside Mumbai, the broader Mumbai district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “G P Parsik Bank Sakinaka branch” — the verified location pin for IFSC PJSB0000080 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 PJSB0000080 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 – SAKINAKA:

• The IFSC is exactly PJSB0000080 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 SAKINAKA 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 Sakinaka 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 PJSB0000080 continue to work without interruption.

Verifying IFSC PJSB0000080 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm PJSB0000080 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 22-25456500.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: PJSB0000080 is the IFSC code of G P Parsik Bank, SAKINAKA branch, in MUMBAI, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.