The Ibrahimpur branch of Bihar Gramin Bank is located in the Arwal district of Bihar. To send money to an account at this branch using online methods, you need a specific code. This code, known as the Indian Financial System Code (IFSC), is essential for directing funds correctly during electronic transfers like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Using the right IFSC ensures your transaction is fast, secure, and reaches the intended recipient without any errors.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | IBRAHIMPUR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | IBRAHIMPUR, Arwal, 804423 |
| Contact Number | 9523596879 |
| City | Arwal |
| District | Arwal |
| Region | AURANGABAD |
| Pincode | 804423 |
| State | Bihar |
Important Merger Update
Previously, Bihar had two regional rural banks: Dakshin Bihar Gramin Bank (DBGB) and Uttar Bihar Gramin Bank (UBGB). These two banks have since merged to form a single entity, now operating as Bihar Gramin Bank. This new bank is sponsored by Punjab National Bank (PNB).
As a result of this merger, all old IFSC codes belonging to the former DBGB and UBGB have been deactivated. Transactions attempted with old codes will fail. For all online fund transfers to any branch of the newly formed Bihar Gramin Bank, including Ibrahimpur, you must use the new IFSC code format, which starts with ‘PUNB’. The correct and valid IFSC code for the Ibrahimpur branch is PUNB0MBGB06.
What is an IFSC Code?
The IFSC is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. This code uniquely identifies each branch and helps route money transfers to the correct location.
Let’s break down the IFSC code for the Ibrahimpur branch, PUNB0MBGB06:
- 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 use.
- MBGB06: The last six characters represent the specific branch code. For this branch, it is ‘MBGB06’, uniquely identifying the Ibrahimpur location.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code is a standard step in any online money transfer. Whether you are using a mobile banking app or a web portal, the process is straightforward.
- Log in to your internet banking or mobile banking application.
- Navigate to the ‘Fund Transfer’ section and select the payment method (NEFT, RTGS, or IMPS).
- Add a new beneficiary or payee. You will need to enter their name, bank account number, and account type.
- In the designated field, enter the IFSC code for the recipient’s branch: PUNB0MBGB06.
- Double-check all the details, especially the account number and IFSC code, to prevent errors.
- Enter the amount you wish to transfer and confirm the transaction.
Benefits of Using the Correct IFSC Code
- Ensures Accuracy: The code directs your money to the exact bank and branch, minimizing the risk of it going to the wrong place.
- Speeds Up Transactions: Electronic systems use the IFSC to process payments quickly and automatically, avoiding manual delays.
- Enables Digital Banking: Without the IFSC, popular services like NEFT, RTGS, and IMPS would not be possible.
- Reduces Transaction Failures: Using a valid and current IFSC code prevents transaction rejections, saving you time and potential fees.
Contact Information
For direct assistance, you can contact the branch or the bank’s head office.
- Branch Contact Number: 9523596879
- Branch Address: IBRAHIMPUR, Arwal, Bihar – 804423
- Head Office Address: Bihar Gramin Bank, SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions
1. Can I still use my old Dakshin Bihar Gramin Bank (DBGB) IFSC code for the Ibrahimpur branch?
No. Following the merger, all old IFSC codes for DBGB and UBGB are invalid. You must use the new code, PUNB0MBGB06, for all transactions to avoid failure.
2. What is the difference between an IFSC code and a MICR code?
The IFSC code (PUNB0MBGB06) is used for online fund transfers like NEFT and RTGS. The MICR code (800811002) is a 9-digit code found on cheques and is used for processing them electronically.
3. What happens if I enter the wrong IFSC code?
If the incorrect IFSC code does not exist, the transaction will be rejected immediately. If it corresponds to another branch, the funds might be sent there and would need to be reversed, which can cause delays.
4. Is PUNB0MBGB06 the IFSC code for all Bihar Gramin Bank branches?
No, this code is unique to the Ibrahimpur branch. Every branch of Bihar Gramin Bank has its own specific IFSC code. Always verify the code for the exact branch you are sending money to.
5. Where can I find the IFSC code on my bank documents?
You can typically find the IFSC code printed on your bank-issued chequebook and on the first page of your passbook. It is also available on the bank’s official website or through your mobile banking app.
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.