Parasnath railway station, station code PNME, is on the Asansol–Gaya section of the Grand Chord and serves the town of Isri in Giridih district in the Indian state of Jharkhand. The Parasnath Hill or Shikharji, located nearby, with a height of 1,365 m (4,478 ft) is the highest mountain in the state of Jharkhand.

The Asansol–Gaya section is a railway line connecting Asansol and Gaya in India. This 267-kilometre long (166 mi) track is part of the Grand Chord, Howrah–Gaya–Delhi line and Howrah–Allahabad–Mumbai line. This section includes the NSC Bose Gomoh–Barkakana line. It is under the jurisdiction of Eastern Railway and East Central Railway. The section links to South Eastern Railway through Bokaro Steel City and Adra.