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

Below are the complete branch details for G P Parsik Bank, NERE branch, located in PANVEL, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is PJSB0000065. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case PJSB0000065 for G P Parsik Bank – NERE — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For G P Parsik Bank's NERE branch, the IFSC PJSB0000065 breaks down as follows: PJSB identifies the bank, 0 is the reserved character, and 000065 identifies this particular branch.

Branch details at a glance

Bank profile

G P Parsik Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Nere branch — IFSC PJSB0000065 — extends the bank's services to customers in and around Panvel, Maharashtra.

About this branch

The branch is located at SHOP NO 3 TO 7 GRD FLR SAINIK APT GATE NO 178 VILLAGE NERE PANVEL MATHERAN ROAD TAL PANVEL DIST RAIGAD 410206. It serves the Panvel 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 PJSB0000065 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 NERE branch came to be assigned the code PJSB0000065.

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 PJSB0000065, money simply cannot be routed to the NERE branch electronically.

How to transfer money using IFSC PJSB0000065

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 PJSB0000065 across all three.

How to use IFSC PJSB0000065 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to G P Parsik Bank's NERE 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 PJSB0000065.
4. Confirm the bank name auto-populates as G P Parsik Bank and the branch as NERE.
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 NERE

If you need to transfer ₹2 lakh or more in one go to an account at G P Parsik Bank's NERE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PJSB0000065 while initiating the transfer and the credit will appear within minutes.

IMPS to G P Parsik Bank NERE (IFSC PJSB0000065)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PJSB0000065 in your mobile or internet banking app, and the money is credited to the NERE branch account within seconds.

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

All three modes accept the IFSC PJSB0000065 for G P Parsik Bank – NERE, 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 Nere 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 NERE branch, the IFSC PJSB0000065 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 Nere branch is mapped to IFSC PJSB0000065 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 PJSB0000065.

Products and services

Customers walking into the Nere 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 PJSB0000065

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 PJSB0000065 and the account number together uniquely identify the Nere branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the Nere 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 PJSB0000065 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.

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 – NERE:

• The IFSC is exactly PJSB0000065 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 NERE 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.

How to reach the Nere branch

The branch is located at SHOP NO 3 TO 7 GRD FLR SAINIK APT GATE NO 178 VILLAGE NERE PANVEL MATHERAN ROAD TAL PANVEL DIST RAIGAD 410206, which puts it inside Panvel, 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 Nere branch” — the verified location pin for IFSC PJSB0000065 should appear at the top of the results.
2. Confirm the branch is open by calling 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 PJSB0000065 and your account number.

Verifying IFSC PJSB0000065 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 PJSB0000065 by:

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

Working hours

Branch counters at Nere 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 PJSB0000065 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: PJSB0000065 is the IFSC code of G P Parsik Bank, NERE branch, in PANVEL, 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.