IFSC Code PJSB0000205 - G P Parsik Bank Nipani
HOUSE NO 14E GROUND FLOOR OLD P.B. ROAD WARD NO 31 NIPANI TAL. CHIKODI DIST BELGAVI- 591237
Quick Info
IFSC: PJSB0000205
Pincode: 591237
District: Belgaum
Status: Active
About G P Parsik Bank Nipani
IFSC Code PJSB0000205 belongs to G P Parsik Bank Nipani branch located in Belgavi, Belgaum, Karnataka. This branch serves customers in Belgavi, Belgaum, Karnataka and surrounding areas.
Understanding IFSC Code PJSB0000205
The IFSC (Indian Financial System Code) PJSB0000205 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (PJSB): Bank code identifying G P Parsik Bank
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (000205): Unique branch identifier for Nipani
Electronic Fund Transfer Services
IFSC Code PJSB0000205 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The G P Parsik Bank Nipani branch is located at HOUSE NO 14E GROUND FLOOR OLD P.B. ROAD WARD NO 31 NIPANI TAL. CHIKODI DIST BELGAVI- 591237 (Pincode: 591237) in Belgavi, Belgaum, Karnataka. This location serves customers in Belgavi, Belgaum, Karnataka and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code PJSB0000205 to ensure the transaction is routed correctly.
How to Use IFSC Code PJSB0000205
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: PJSB0000205 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other G P Parsik Bank Branches
If you're looking for other G P Parsik Bank branches in Belgavi, Belgaum, Karnataka or nearby areas, use our G P Parsik Bank branch finder. You can search by city, district, or state to find all G P Parsik Bank branches with their respective IFSC codes.
Branch Details
| IFSC Code: | PJSB0000205 |
| Bank Name: | G P Parsik Bank |
| Branch Name: | Nipani |
| Address: | HOUSE NO 14E GROUND FLOOR OLD P.B. ROAD WARD NO 31 NIPANI TAL. CHIKODI DIST BELGAVI- 591237 |
| City: | Belgavi |
| District: | Belgaum |
| State: | Karnataka |
| Pincode: | 591237 |
Payment Services Available
G P Parsik Bank Nipani Branch IFSC Code PJSB0000205 — Complete Banking Guide for Belgavi, Karnataka
IFSC code PJSB0000205 belongs to the Nipani branch of G P Parsik Bank in Belgavi, Belgaum district, Karnataka. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC PJSB0000205 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About G P Parsik Bank, Nipani Branch
The Nipani branch of G P Parsik Bank in Belgavi, Karnataka serves retail and corporate customers in Belgaum district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC PJSB0000205 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC PJSB0000205
Four primary digital payment rails use IFSC PJSB0000205 for transfers to G P Parsik Bank, Nipani: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC PJSB0000205 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Nipani branch of G P Parsik Bank in Belgavi carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC PJSB0000205 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC PJSB0000205 Before Transferring
Before initiating any high-value transfer to IFSC PJSB0000205, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) G P Parsik Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — G P Parsik Bank Nipani, Belgavi IFSC
What is the IFSC of G P Parsik Bank Nipani in Belgavi?
The IFSC of G P Parsik Bank, Nipani branch in Belgavi, Karnataka is PJSB0000205. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC PJSB0000205?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC PJSB0000205 to route funds to G P Parsik Bank, Nipani, Belgavi.
Who assigns IFSC codes like PJSB0000205?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. G P Parsik Bank applied for the IFSC for its Nipani branch in Belgavi, and RBI issued PJSB0000205 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC PJSB0000205 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC PJSB0000205 at G P Parsik Bank, Nipani, Belgavi. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC PJSB0000205.
About IFSC Code PJSB0000205
IFSC Code PJSB0000205 belongs to G P Parsik Bank branch Nipani located in Belgavi, Belgaum, Karnataka.
Branch Information
- IFSC Code: PJSB0000205
- Bank: G P Parsik Bank
- Branch: Nipani
- Address: HOUSE NO 14E GROUND FLOOR OLD P.B. ROAD WARD NO 31 NIPANI TAL. CHIKODI DIST BELGAVI- 591237
- City: Belgavi
- District: Belgaum
- State: Karnataka
- Pincode: 591237
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available