Introduction to G P Parsik Bank
G P Parsik Bank is not just any bank. It has a rich history that goes back to 1972. That’s over 50 years ago! The bank was born in a small village called Kalwa, which is in the Thane District of Maharashtra. A man named Shri Gopinath Shivram Patil, who had degrees in commerce and law, started it. He wasn’t alone. He had a young and energetic team with him. Together, they had a vision for the bank.
By 1998, the bank had grown so much that it got a special status called ‘Scheduled status’. And by March 2015, it became a ‘multi-state’ bank. This means it could operate in more than one state.
Bank’s Growth and Expansion
Year |
Major Achievement |
1972 |
Bank was founded |
1998 |
Got Scheduled status |
2015 |
Became a multi-state bank |
Today, G P Parsik Bank has 91 branches. These branches are like the bank’s offices where people can go and do their banking work. And guess what? All these branches use computers! This makes work fast and easy.
The bank has branches in many places. Some of them are Thane, Mumbai, Navi Mumbai, Raigad, Pune, and Nashik. These are all in Maharashtra. But the bank also has branches in other states like Goa and Karnataka.
Now, let’s talk money. The bank handles a lot of it! It has a business mix of Rs. 6000 crore. Out of this, Rs. 4,000 crore is in deposits, and Rs. 1,800 crore is in advances. In simple words, people have trusted the bank with Rs. 4,000 crore of their money, and the bank has given out Rs. 1,800 crore as loans.
Bank’s Core Values
Every bank has some values or principles it follows. For G P Parsik Bank, these are Consistency, Dedication, Ethics, Principles, and Discipline. These big words mean that the bank always tries to do its best. It works hard, follows rules, and takes care of its customers. The main goal? To make the customers happy and satisfied.
Deposit Schemes
When you have extra money, you can keep it safe in a bank. G P Parsik Bank offers different ways to do this:
Fixed Deposit (FD): Think of this as a locked box. You put your money in, lock it for some time, and the bank pays you interest. When the time is up, you get your money back with the added interest.
Recurring Deposit (RD): Imagine saving a little money every month. With RD, you deposit a fixed amount monthly. At the end, you get all your money back with interest.
Reinvestment Plan: This is like FD, but the interest is added to your money. So, the next time interest is calculated, it’s on the bigger amount.
Loans & Advances
Sometimes, we need money for big things like a house or car. Banks can help by giving loans. G P Parsik Bank offers loans with good interest rates. Once you apply, they check everything quickly and give a decision. If approved, you get the money and pay it back in parts.
Banking Services
Banks do more than just keep money safe or give loans. G P Parsik Bank offers many services:
Service |
Description |
ATM Services |
Machines where you can withdraw cash anytime. |
BBPS |
A system to pay bills like electricity or water. |
UPI |
A way to send money using just a phone number. |
IMPS |
Send money instantly, any time, any day. |
Forex Facilities |
Helps if you’re dealing with foreign money. |
RTGS & NEFT |
Methods to transfer big amounts of money. |
Safety and Security
Your valuables, like jewelry, need safety. G P Parsik Bank offers lockers where you can keep them safe. They’re like small vaults, only you have the key.