If you are searching for the IFSC code of G P Parsik Bank, PUNE BRANCH branch in PUNE, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is PJSB0000054. 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 PUNE BRANCH branch, and detailed step-by-step guides for using the IFSC PJSB0000054 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.
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 PUNE BRANCH branch, the IFSC PJSB0000054 breaks down as follows: PJSB identifies the bank, 0 is the reserved character, and 000054 identifies this particular branch.
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 Pune Branch branch in Pune, Maharashtra is part of this network and uses the IFSC code PJSB0000054 for all electronic settlement.
About the Pune Branch branch
The Pune Branch branch of G P Parsik Bank is situated at SHOWROOM NO. 1, SHOP NO J/8-9, TREASURE PARK, SURVEY NO 61, PARVATI SAHAKAR NAGAR, PUNE 411009. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code PJSB0000054 is used.
Branch details at a glance
| Bank Name | G P Parsik Bank |
|---|---|
| Branch | Pune Branch |
| IFSC Code | PJSB0000054 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOWROOM NO. 1, SHOP NO J/8-9, TREASURE PARK, SURVEY NO 61, PARVATI SAHAKAR NAGAR, PUNE 411009 |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| STD Code | 20 |
| Phone | 24203344 |
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 PUNE BRANCH branch came to be assigned the code PJSB0000054.
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 PJSB0000054, money simply cannot be routed to the PUNE BRANCH 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 PJSB0000054 and the account number together uniquely identify the Pune Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC PJSB0000054
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 PJSB0000054 across all three.
NEFT to G P Parsik Bank, PUNE BRANCH using IFSC PJSB0000054
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 PJSB0000054, and confirm that the system picks up G P Parsik Bank – PUNE BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PUNE BRANCH
If you need to transfer ₹2 lakh or more in one go to an account at G P Parsik Bank's PUNE BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PJSB0000054 while initiating the transfer and the credit will appear within minutes.
IMPS to G P Parsik Bank PUNE BRANCH (IFSC PJSB0000054)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PJSB0000054 in your mobile or internet banking app, and the money is credited to the PUNE BRANCH branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Pune Branch
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 PJSB0000054:
- 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 PUNE BRANCH is still linked to IFSC PJSB0000054.
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.
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 PUNE BRANCH branch, the IFSC PJSB0000054 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 Pune Branch branch is mapped to IFSC PJSB0000054 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 PJSB0000054.
Banking services available
The Pune Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 20-24203344.
- 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 PJSB0000054
Digital banking channels
Most day-to-day work that customers used to do at the Pune Branch 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 PJSB0000054 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.
Reaching the branch
The Pune Branch branch sits at SHOWROOM NO. 1, SHOP NO J/8-9, TREASURE PARK, SURVEY NO 61, PARVATI SAHAKAR NAGAR, PUNE 411009. If you are travelling from outside Pune, search for the branch on a maps application using the bank name and locality, or call 20-24203344 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 PJSB0000054 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 – PUNE BRANCH:
- The IFSC is exactly PJSB0000054 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 PUNE BRANCH 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 Pune Branch 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 PJSB0000054 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PJSB0000054 for G P Parsik Bank – PUNE BRANCH, 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
G P Parsik BankPune Branch Branch
SHOWROOM NO. 1, SHOP NO J/8-9, TREASURE PARK, SURVEY NO 61, PARVATI SAHAKAR NAGAR, PUNE 411009
Pune, Maharashtra
Phone: 20-24203344
IFSC: PJSB0000054
Frequently asked questions
What is the phone number of G P Parsik Bank Pune Branch branch?
You can reach the branch at 20-24203344 during regular banking hours.
Where is G P Parsik Bank Pune Branch branch located?
G P Parsik Bank's Pune Branch branch is located at SHOWROOM NO. 1, SHOP NO J/8-9, TREASURE PARK, SURVEY NO 61, PARVATI SAHAKAR NAGAR, PUNE 411009, Pune, Maharashtra.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Pune Branch branch but serve different purposes.
Is IFSC PJSB0000054 the same for all accounts at Pune Branch branch?
Yes. The IFSC PJSB0000054 is shared by every account held at G P Parsik Bank's Pune Branch branch. Only the account number changes from customer to customer.
What is the IFSC code of G P Parsik Bank Pune Branch branch?
The IFSC code of G P Parsik Bank, Pune Branch branch is PJSB0000054. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC PJSB0000054 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC PJSB0000054 to send funds instantly.
How quickly will an NEFT transfer using PJSB0000054 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to G P Parsik Bank – Pune Branch reflect within 30 minutes.
How do I add G P Parsik Bank Pune Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC PJSB0000054, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code PJSB0000054 belongs to G P Parsik Bank's PUNE BRANCH branch, located at SHOWROOM NO. 1, SHOP NO J/8-9, TREASURE PARK, SURVEY NO 61, PARVATI SAHAKAR… in PUNE, 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.
