It is very important to find correct branch before initiating any bank process. Though all banks will have a mechanism to verify the Parakal Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Parakal branch is the cheque book. All banks will print the Parakal on the cheque books. Also, your account pass book should have the Parakal branch printed.
The address of Parakal branch is 2-33, 2-34, 2-35, market road, parakal, district hanmakonda, telangana-506164., which is located in Parakal District of Telangana State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for Gayatri Bank Parakal is also provided.
Parakal has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of Gayatri Bank Parakal branch, fund transfer between these banks is also possible.