The Bihar Gramin Bank branch in Surhid Nagar is located in the Begusarai district of Bihar. For anyone looking to send or receive money online through this branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code is required for all electronic fund transfers 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.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Surhid Nagar |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | Surhid Nagar, Begusarai, 851218 |
| Contact Number | 7061741218 |
| City | Begusarai |
| District | Begusarai |
| Pincode | 851218 |
| State | Bihar |
Merger and IFSC Update
It is important to note that Bihar Gramin Bank was formed by the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this amalgamation, the bank is now sponsored by Punjab National Bank (PNB). As a result, all old IFSC codes, particularly those belonging to the former Uttar Bihar Gramin Bank, have been discontinued. For all transactions, you must use the new, updated IFSC code, which starts with “PUNB”. The code PUNB0MBGB06 is the only valid IFSC for the Surhid Nagar branch. Using an old code will result in a failed transaction.
What is an IFSC Code?
The Indian Financial System Code (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 system. It helps identify the specific branch involved in an online transaction. The code has a consistent structure:
- First 4 Characters: These represent the name of the bank. For Bihar Gramin Bank, this is PUNB, which stands for its sponsor bank, Punjab National Bank.
- Fifth Character: This is always a zero (0). It is reserved for future use.
- Last 6 Characters: This part is unique to each branch. For the Surhid Nagar branch, it is MBGB06.
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: Before you can send money, you must add the recipient as a “beneficiary” or “payee” in your account. You will need their account number, account holder name, and the IFSC code of their bank branch.
2. Enter Details: Carefully enter the Surhid Nagar branch IFSC code, PUNB0MBGB06, along with the recipient’s other bank details. Double-check all information for accuracy.
3. Choose Transfer Type: Select your preferred method of transfer—NEFT, RTGS, or IMPS—based on the amount and urgency of the transfer.
4. Authenticate and Confirm: Enter the amount you wish to send and complete the transaction by entering your password, PIN, or a one-time password (OTP).
Benefits of Using the Correct IFSC Code
- Ensures Accuracy: The primary benefit is that your funds are routed to the exact bank branch intended, eliminating the risk of misdirection.
- Prevents Transaction Failures: Using the correct and updated IFSC code prevents payments from being rejected or delayed.
- Speeds Up Processing: The automated systems use the IFSC to identify the destination branch quickly, which helps in faster crediting of funds to the beneficiary’s account.
- Enables Automated Payments: It is crucial for setting up automated payments, such as systematic investment plans (SIPs) or loan EMIs, which rely on the code for correct routing.
Contact Information
For any direct inquiries or assistance, you can reach out to the branch or the head office.
- Branch Phone Number: 7061741218
- Branch Address: Surhid Nagar, Begusarai, Bihar – 851218
- Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
- Toll-Free Number: 18001807777
Frequently Asked Questions
Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
After the merger of UBGB and DBGB, the new Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). The RBI has directed that the IFSC codes for sponsored regional rural banks will begin with the first four letters of the sponsor bank. Hence, the code starts with ‘PUNB’.
What happens if I use an old IFSC code from Uttar Bihar Gramin Bank?
If you use an old or incorrect IFSC code, your transaction will fail. The funds will be automatically reversed and credited back to your account, but this process may take some time.
Is the IFSC code PUNB0MBGB06 the same for all branches of Bihar Gramin Bank?
No. While the first four letters (‘PUNB’) are common for the bank, the last six characters are unique to each branch. You must use the specific code for the branch you are transacting with. PUNB0MBGB06 is only for the Surhid Nagar branch.
Can I find the IFSC code on my chequebook?
Yes, the IFSC code for your branch is typically printed on the top of every cheque leaf in your chequebook, near the branch address details. It is also printed on the first page of your bank passbook.
Is an IFSC code required for UPI transactions?
No, IFSC codes are not needed for standard UPI transactions made through a mobile number or a UPI ID (VPA). IFSC codes are specifically used for NEFT, RTGS, and IMPS transfers, which require adding a beneficiary’s bank account details.
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.