If you are searching for the IFSC code of G P Parsik Bank, PANCHVATI branch in NASHIK, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is PJSB0000062. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the PANCHVATI branch, and detailed step-by-step guides for using the IFSC PJSB0000062 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular 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, PJSB0000062 is the IFSC of G P Parsik Bank's PANCHVATI branch. The format is fixed: PJSB = bank code, 0 = reserved, 000062 = branch identifier.
About G P Parsik Bank
G P Parsik Bank operates a wide network of branches across India, including the Panchvati branch in Nashik. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, PJSB0000062.
Branch details at a glance
| Bank Name | G P Parsik Bank |
|---|---|
| Branch | Panchvati |
| IFSC Code | PJSB0000062 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 1ST FLOOR, MOTUMAL DANDUMAL KALRO TRUST NASHIK CIRY SURVY NO. 5869 K.N. KELA ROAD PANCHVATI KARANJA NASHIK 422003 |
| City | Nashik |
| District | Nashik |
| State | Maharashtra |
| STD Code | 253 |
| Phone | 25456500 |
About this branch
The branch is located at 1ST FLOOR, MOTUMAL DANDUMAL KALRO TRUST NASHIK CIRY SURVY NO. 5869 K.N. KELA ROAD PANCHVATI KARANJA NASHIK 422003. It serves the Nashik region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of G P Parsik Bank. The IFSC PJSB0000062 is used to identify this branch on the RBI payments network.
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 PANCHVATI branch came to be assigned the code PJSB0000062.
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 PJSB0000062, money simply cannot be routed to the PANCHVATI branch electronically.
Products and account variants supported
Every account opened at the Panchvati branch is mapped to IFSC PJSB0000062 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 PJSB0000062.
Banking services available
The Panchvati branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 253-25456500.
- 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 PJSB0000062
How to transfer money using IFSC PJSB0000062
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 PJSB0000062 across all three.
NEFT to G P Parsik Bank, PANCHVATI using IFSC PJSB0000062
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC PJSB0000062, and confirm that the system picks up G P Parsik Bank – PANCHVATI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PANCHVATI
If you need to transfer ₹2 lakh or more in one go to an account at G P Parsik Bank's PANCHVATI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PJSB0000062 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to G P Parsik Bank – PANCHVATI, use IMPS. With IFSC PJSB0000062 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PJSB0000062 for G P Parsik Bank – PANCHVATI, 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.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – PJSB0000062 | Yes – PJSB0000062 | Yes – PJSB0000062 |
For most retail customers crediting the Panchvati 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 PANCHVATI branch, the IFSC PJSB0000062 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.
Online banking and IFSC PJSB0000062
G P Parsik Bank customers can register for net banking and the bank's official mobile app once their account at the PANCHVATI 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 PJSB0000062 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.
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 PJSB0000062 and the account number together uniquely identify the Panchvati branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC PJSB0000062
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to G P Parsik Bank – PANCHVATI, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
PJSB0000062. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Panchvati branch sits at 1ST FLOOR, MOTUMAL DANDUMAL KALRO TRUST NASHIK CIRY SURVY NO. 5869 K.N. KELA ROAD PANCHVATI KARANJA NASHIK 422003. If you are travelling from outside Nashik, search for the branch on a maps application using the bank name and locality, or call 253-25456500 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC PJSB0000062 and your account number.
Verifying IFSC PJSB0000062 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 PJSB0000062 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 253-25456500.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Panchvati branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PJSB0000062, however, work 24x7.
Branch address & contact
G P Parsik BankPanchvati Branch
1ST FLOOR, MOTUMAL DANDUMAL KALRO TRUST NASHIK CIRY SURVY NO. 5869 K.N. KELA ROAD PANCHVATI KARANJA NASHIK 422003
Nashik, Maharashtra
Phone: 253-25456500
IFSC: PJSB0000062
Frequently asked questions
Where is G P Parsik Bank Panchvati branch located?
G P Parsik Bank's Panchvati branch is located at 1ST FLOOR, MOTUMAL DANDUMAL KALRO TRUST NASHIK CIRY SURVY NO. 5869 K.N. KELA ROAD PANCHVATI KARANJA NASHIK 422003, Nashik, Maharashtra.
What is the phone number of G P Parsik Bank Panchvati branch?
You can reach the branch at 253-25456500 during regular banking hours.
How quickly will an NEFT transfer using PJSB0000062 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to G P Parsik Bank – Panchvati reflect within 30 minutes.
Is IFSC PJSB0000062 valid for NEFT and RTGS?
Yes. IFSC PJSB0000062 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of G P Parsik Bank Panchvati branch?
The IFSC code of G P Parsik Bank, Panchvati branch is PJSB0000062. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add G P Parsik Bank Panchvati as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PJSB0000062, and complete OTP verification. Once activated, you can transfer funds at any time.
Does G P Parsik Bank Panchvati branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 253-25456500 to confirm.
Is IFSC PJSB0000062 the same for all accounts at Panchvati branch?
Yes. The IFSC PJSB0000062 is shared by every account held at G P Parsik Bank's Panchvati branch. Only the account number changes from customer to customer.
Summary
The IFSC code PJSB0000062 belongs to G P Parsik Bank's PANCHVATI branch, located at 1ST FLOOR, MOTUMAL DANDUMAL KALRO TRUST NASHIK CIRY SURVY NO. 5869 K.N. KELA… in NASHIK, 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.
