The Bihar Gramin Bank branch in BHADASHI is located in the Arwal district of Bihar. For any online money transfer to this branch, you need its Indian Financial System Code (IFSC). This 11-character code is essential for routing payments through systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC code ensures that your money reaches the correct bank and specific branch without errors or delays.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | BHADASHI |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | BHADASHI, Arwal, 804401 |
| Contact Number | 7541807532 |
| City | Arwal |
| District | Arwal |
| State | Bihar |
Merger and Updated IFSC Code
Bihar Gramin Bank was formed through the merger of two regional rural banks: Dakshin Bihar Gramin Bank (DBGB) and Uttar Bihar Gramin Bank (UBGB). Following this amalgamation, the bank is now sponsored by Punjab National Bank (PNB). As a result, all old IFSC codes belonging to the former DBGB and UBGB have been discontinued and are no longer valid for transactions.
All branches of Bihar Gramin Bank now use a new, unified IFSC code structure that starts with ‘PUNB’. For the BHADASHI branch, the only valid IFSC code is PUNB0MBGB06. Using an old code will result in a failed transaction.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. It acts like a postal code for bank branches, directing money to its precise destination.
The structure of the IFSC code PUNB0MBGB06 can be broken down as follows:
- PUNB: The first four letters represent the bank’s name. In this case, it signifies Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
- 0: The fifth character is always a zero. It is reserved for future regulatory use.
- MBGB06: The last six characters identify the specific branch. This part uniquely points to the BHADASHI 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 NEFT, RTGS, or IMPS, the steps are generally the same.
- Log in to your bank’s mobile banking app or internet banking portal.
- Navigate to the ‘Fund Transfer’ or ‘Payments’ section and choose the transfer method (NEFT, RTGS, or IMPS).
- Select ‘Add Beneficiary’ or ‘Add Payee’ to register the recipient’s account details.
- Enter the beneficiary’s name, bank account number, and account type (savings or current).
- In the IFSC field, carefully enter PUNB0MBGB06.
- After the beneficiary is added, you can initiate the transfer by entering the amount and confirming the transaction.
Benefits of Using the Correct IFSC Code
- Accuracy: It guarantees that funds are credited to the exact branch and account intended.
- Speed: The code automates the routing process, minimizing manual intervention and speeding up transaction times.
- Error Prevention: It significantly reduces the risk of failed or misdirected transactions.
- Security: The system adds a layer of verification, making electronic payments more secure.
Contact Information
For any queries or assistance, you can contact the branch or the head office directly.
BHADASHI Branch
Phone Number: 7541807532
Address: BHADASHI, Arwal, Bihar – 804401
Bihar Gramin Bank Head Office
Address: Shri Vishnu Commercial Complex, Asochak, Patna, Bihar – 800030
Toll-Free Number: 18001807777
Frequently Asked Questions
- 1. Why does the IFSC code for Bihar Gramin Bank start with ‘PUNB’?
- Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). The RBI assigns IFSC codes based on the sponsor bank, which is why the code begins with ‘PUNB’.
- 2. What happens if I use an old IFSC code from Dakshin Bihar Gramin Bank or Uttar Bihar Gramin Bank?
- If you use an old, discontinued IFSC code, your transaction will fail. The funds will either not be debited from your account or will be reversed within a few business days.
- 3. Is the IFSC code the same for all branches of Bihar Gramin Bank?
- No. While the first four letters (‘PUNB’) are common, the last six characters are unique to each branch. You must use the specific code for the branch you are sending money to.
- 4. Where else can I find the IFSC code for the BHADASHI branch?
- You can find the IFSC code printed on the cheque leaves of the account holder’s chequebook issued by the BHADASHI branch. It is also usually available on the bank’s official website and in your passbook.
- 5. Can I use PUNB0MBGB06 for both NEFT and IMPS transactions?
- Yes, this single IFSC code is valid for all types of electronic fund transfers to the BHADASHI branch, including NEFT, RTGS, and IMPS.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.