Bihar Gramin Bank Satha IFSC Code

The Satha branch of Bihar Gramin Bank is located in the Begusarai district of Bihar. For any online money transfers to this branch, you will need its unique Indian Financial System Code (IFSC). This 11-character code is essential for routing funds correctly through systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC ensures your money reaches the intended recipient’s branch without any errors or delays.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Satha
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3821
Branch Address	Satha, Begusarai, 851128, Bihar
Contact Number	8102918663
City	Begusarai
District	Begusarai
Reason	BEGUSARAI
Pincode	851128
State	Bihar

Important Merger Update

Bihar Gramin Bank was formed by the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This newly formed entity is sponsored by Punjab National Bank (PNB). As a result of this merger, all branches, including Satha, now operate under a unified system. All old IFSC codes previously used by UBGB and DBGB have been discontinued. For any transaction, you must use the new IFSC code, PUNB0MBGB06. Using an old or invalid code will result in a failed transaction.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the online funds transfer network. The code has a specific structure that helps route transactions accurately.

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

• PUNB: The first four alphabetic characters represent the name of the sponsor bank, which is Punjab National 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. In this case, it identifies the Satha branch of Bihar Gramin Bank.

How to Use the IFSC Code

Using the IFSC code for an online fund transfer is a straightforward process. Whether you use a bank’s website or a mobile app, the steps are similar for NEFT, RTGS, or IMPS.

1. Log in to your internet banking portal or mobile banking application.
2. Navigate to the “Fund Transfer” or “Payments” section and select the transfer type (NEFT, RTGS, IMPS).
3. Add the recipient as a “beneficiary” or “payee.” You will need to enter their name, account number, and bank details.
4. In the IFSC code field, carefully enter PUNB0MBGB06. Most banking systems will automatically fetch and display the corresponding bank and branch name (Bihar Gramin Bank, Satha) for verification.
5. Enter the amount you wish to transfer and complete the transaction using your password or PIN.

Benefits of Using the IFSC Code

• Accuracy: It ensures that your money is sent to the exact bank and branch, eliminating the risk of it being credited to the wrong account.
• Error Prevention: The code acts as a check, preventing transactions from being processed if the branch details are incorrect.
• Automation: It enables the automated processing of electronic fund transfers, making them faster and more efficient than manual methods.
• Mandatory Requirement: It is a required piece of information for all major online payment systems in India, including NEFT, RTGS, and IMPS.

Contact Information

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

• Branch Phone Number: 8102918663
• Branch Address: Satha, Begusarai, Bihar – 851128
• Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
• Toll-Free Number: 18001807777

Frequently Asked Questions

1. What is the correct IFSC code for Bihar Gramin Bank, Satha branch?

The correct and current IFSC code for the Satha branch is PUNB0MBGB06. Make sure to use only this code for all online transactions.

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

The code starts with ‘PUNB’ because Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). The first four letters of the IFSC code always represent the sponsor or parent bank.

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

No. All old IFSC codes belonging to the erstwhile Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank are no longer valid. Using them will cause your transaction to fail.

4. What is a MICR code?

MICR stands for Magnetic Ink Character Recognition. It is a 9-digit code found on the bottom of cheques, used for faster processing. The MICR code for the Satha branch is 800811002.

5. Are NEFT, RTGS, and IMPS available 24/7?

IMPS is a 24/7 real-time fund transfer service. NEFT is also available 24/7, but transactions are processed in half-hourly batches. RTGS is primarily for high-value transactions and is available from 7 AM to 6 PM on RBI working days.