Bihar Gramin Bank Goura IFSC Code

The Goura branch of Bihar Gramin Bank is located in the Begusarai district of Bihar. For anyone looking to send or receive money through online banking, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code is required for all major electronic fund transfer systems in India, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC code acts like a specific address, ensuring that your money reaches the correct bank branch without any errors or delays.

Branch Details for Bihar Gramin Bank, Goura

Important Merger Update

Previously, banking in the region was handled by Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged and are now sponsored by Punjab National Bank (PNB). As a result of this consolidation, the old IFSC codes associated with UBGB and DBGB are no longer valid. All transactions for Bihar Gramin Bank branches, including Goura, must now use the new IFSC code that starts with ‘PUNB’. Using an old, revoked IFSC code will cause your transaction to fail.

What is an IFSC Code?

The IFSC code is a unique alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. It helps identify the specific branch in any online transaction. The 11-character code has a standard structure:

• First 4 Characters: These represent the bank’s name. For the Goura branch, the code is PUNB, which stands for Punjab National Bank, the sponsor bank.
• Fifth Character: This is always a zero (0). It is reserved for future use by the RBI.
• Last 6 Characters: This part identifies the specific branch. In this case, MBGB06 is the unique identifier for the Goura 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 a desktop website, the steps are generally the same.

1. Log in to your internet banking account or mobile banking application.
2. Navigate to the ‘Fund Transfer’ or ‘Payments’ section and choose your preferred method (NEFT, RTGS, or IMPS).
3. Select the option to ‘Add a Beneficiary’ or ‘Add Payee’.
4. You will be asked to enter the recipient’s details: their name, bank account number, and the IFSC code of their bank branch. For the Goura branch, you would enter PUNB0MBGB06.
5. The banking system will often use the IFSC code to automatically verify and display the bank and branch name. Double-check that it shows the correct details.
6. Once the beneficiary is added, you can initiate the transfer by entering the amount and confirming the transaction with your password or PIN.

Benefits of Using the Correct IFSC Code

• Accuracy: It eliminates the risk of sending money to the wrong bank branch, ensuring your funds reach the intended recipient.
• Speed: A valid IFSC code allows for faster processing of transactions, as the system can immediately identify the destination branch.
• Prevents Failures: Using the correct code is the primary way to avoid transaction rejections or reversals, which can cause significant delays.
• Security: It adds a layer of verification to the fund transfer process, confirming that the account number is linked to the specified branch.

Contact Information

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

• Branch Contact Number: 8102928372
• Branch Address: Goura, Begusarai, Bihar – 851113
• Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
• Toll-Free Number: 18001807777

Frequently Asked Questions

1. Why does the IFSC code for Bihar Gramin Bank start with ‘PUNB’?
This is because Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank following the merger and consolidation of regional rural banks in the state. All new IFSC codes are issued under the sponsor bank’s identifier.

2. Can I still use my old Uttar Bihar Gramin Bank (UBGB) IFSC code?
No. All old IFSC codes from the pre-merger banks (like UBGB or DBGB) are now invalid and have been revoked. You must use the new code, PUNB0MBGB06, for all transactions to the Goura branch to avoid failure.

3. What happens if I enter the wrong IFSC code?
If you enter an incorrect IFSC code, the transaction will most likely be rejected by the banking system. In a rare scenario where the wrong code corresponds to another valid branch, the funds could be misrouted, leading to a lengthy process to recover the money.

4. Is the IFSC code the same for all branches of Bihar Gramin Bank?
No, every branch of Bihar Gramin Bank has its own unique IFSC code. The first four letters (‘PUNB’) will be the same, but the last six characters will be different for each branch to ensure transactions are routed correctly.

5. Do I need an IFSC code for UPI payments?
No, you do not need an IFSC code for standard UPI transactions made to a VPA (Virtual Payment Address), like example@upi. However, if you are adding a bank account to your UPI app or sending money directly to an account number via UPI, you may be required to enter the IFSC code.

Kriti Kumari

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.