Bihar Gramin Bank Pategna IFSC Code

The Bihar Gramin Bank branch in Pategna, located in the Araria district of Bihar, provides essential banking services to the local community. For anyone looking to send or receive money online through this branch, understanding its Indian Financial System Code (IFSC) is crucial. This unique 11-character code is assigned by the Reserve Bank of India (RBI) to identify a specific bank branch in electronic fund transfer systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Using the correct IFSC ensures that your funds are routed accurately and without delay.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Pategna
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	Pategna, ARARIA, 854311, 9297954380
Contact Number	9297954380
City	ARARIA
District	ARARIA
State	Bihar

Important Merger Update

Bihar Gramin Bank was formed through the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). As a result of this amalgamation, the old IFSC codes associated with UBGB and DBGB branches are no longer valid and have been revoked. All branches now operate under Bihar Gramin Bank, which is sponsored by Punjab National Bank (PNB). Consequently, all new IFSC codes, including the one for the Pategna branch, begin with ‘PUNB’. It is essential to use the new and correct IFSC code, PUNB0MBGB06, for all online transactions to avoid failures or reversals.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code that uniquely identifies a bank branch participating in any RBI-regulated fund transfer system. Its structure is designed for precision and easy identification.

Let’s break down the Pategna branch IFSC code, PUNB0MBGB06:

• First 4 characters (PUNB): These letters represent the bank’s name. In this case, ‘PUNB’ stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• Fifth character (0): This is always a zero. It is a control character reserved for future use by the RBI.
• Last 6 characters (MBGB06): This part is the unique identifier for the specific branch. In this example, ‘MBGB06’ points directly to the Bihar Gramin Bank, Pategna branch.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online money transfer is a straightforward process. Whether you are using a mobile banking app or an internet banking portal, the steps are generally the same.

1. Add a Beneficiary (Payee): Before you can send money, you must register the recipient’s bank account details. You will need:

• The recipient’s full name as per their bank account.
• The recipient’s bank account number.
• The recipient’s bank name and branch name.
• The IFSC code of the recipient’s bank branch (e.g., PUNB0MBGB06 for the Pategna branch).

2. Initiate the Transfer: Once the beneficiary is added and activated, go to the fund transfer section of your banking platform. Select the beneficiary, enter the amount you wish to send, and choose the transfer method (NEFT, RTGS, or IMPS). The bank will use the IFSC code to route the funds to the correct destination branch.

Benefits of Using the Correct IFSC

• Ensures Accuracy: The primary benefit is that it directs your money to the exact bank branch intended, eliminating routing errors.
• Prevents Delays: A correct IFSC code facilitates smooth, automated processing, preventing transaction delays or rejections.
• Reduces Risk: It minimizes the risk of funds being credited to the wrong account due to similar branch names in different locations.
• Enables Digital Banking: The IFSC code is the backbone of India’s digital payment infrastructure, enabling seamless NEFT, RTGS, and IMPS transactions.

Contact Information

For any queries or assistance, you can reach out to the branch or the bank’s head office.

Pategna Branch

• Phone: 9297954380
• Address: Pategna, ARARIA, Bihar – 854311

Bihar Gramin Bank Head Office

• Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
• Toll-Free Number: 18001807777

Frequently Asked Questions

1. What is the current IFSC code for Bihar Gramin Bank, Pategna branch?

The correct and current IFSC code is PUNB0MBGB06. Make sure to update your records if you have an older code.

2. Why does the IFSC code for a Gramin Bank start with ‘PUNB’?

Regional Rural Banks (RRBs) like Bihar Gramin Bank are sponsored by larger nationalized banks. Bihar Gramin Bank is sponsored by Punjab National Bank (PNB), so its IFSC codes are structured under PNB’s identifier, ‘PUNB’.

3. Can I still use my old Uttar Bihar Gramin Bank (UBGB) IFSC code?

No. All old IFSC codes belonging to the erstwhile Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank are now invalid. Using them will result in a failed transaction.

4. What happens if I enter the wrong IFSC code during a transaction?

If the IFSC code you entered does not exist, the transaction will be rejected immediately. If it corresponds to another branch but the account number doesn’t match a beneficiary there, the transaction will be reversed and the funds credited back to your account, though this may take a few business days.

5. What is the difference between NEFT, RTGS, and IMPS?

IMPS is an instant, 24/7 service for transfers up to a certain limit. NEFT operates in half-hourly batches and is also available 24/7. RTGS is for high-value transactions (typically above ₹2 lakh) and settles transfers individually in real-time during banking hours.