Bihar Gramin Bank BABURA IFSC Code

The Bihar Gramin Bank branch in BABURA is located in the Bhojpur district of Bihar. For any online money transfer to this branch, you will need its unique Indian Financial System Code (IFSC). This 11-character code is essential for directing funds correctly through systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC ensures your transaction is routed to the specific bank branch without errors.

Branch Details

Important Merger Update

Previously, Bihar had two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have been merged to form a single entity, now known 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As a result of this merger, all old IFSC codes belonging to UBGB and DBGB branches have been revoked and are no longer valid. All branches of the newly formed Bihar Gramin Bank now use a new IFSC code format that starts with “PUNB,” reflecting the sponsorship by Punjab National Bank. For any transactions, you must use the new IFSC code, such as PUNB0MBGB06 for the BABURA branch, to ensure successful fund transfers.

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 network. This code uniquely identifies each branch and is crucial for routing money transfers.

The code has a specific structure:

• First 4 Characters: These are letters representing the bank’s name. In the case of Bihar Gramin Bank, it is PUNB, which stands for its sponsor, Punjab National Bank.
• Fifth Character: This is always a zero (0). It is reserved for future use.
• Last 6 Characters: This part identifies the specific branch. For the BABURA branch, it is MBGB06.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online 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. Log in to your internet or mobile banking account.
2. Navigate to the ‘Fund Transfer’ section and choose the payment method (NEFT, RTGS, or IMPS).
3. Add a Beneficiary. You will need to enter the recipient’s details: their name, account number, account type, and the bank’s IFSC code. For a transfer to the BABURA branch, you would enter PUNB0MBGB06.
4. Verify and Confirm. Double-check all the details you’ve entered, especially the account number and IFSC code. Once confirmed, authorize the transaction using your password or OTP.

After the beneficiary is added, you can select them from your list for future transfers without re-entering all the details.

Benefits of Using the Correct IFSC Code

• Ensures Accuracy: The primary benefit is that the code routes your money to the exact intended bank branch, eliminating guesswork and reducing the risk of funds going to the wrong place.
• Faster Processing: Correct IFSC codes enable automated systems to process transactions quickly without manual intervention, leading to faster credit to the beneficiary’s account.
• Prevents Failed Transactions: An incorrect or outdated IFSC code is a common reason for transaction failure. Using the valid code helps avoid bounces, delays, and the hassle of re-initiating payments.
• Secure Transfers: The IFSC system adds a layer of verification, making electronic fund transfers a secure and reliable method for moving money.

Contact Information

For any direct inquiries or assistance, you can contact the branch or the head office.

• Branch Contact: 9771464441
• Branch Address: BABURA, Bhojpur, Bihar – 802163
• Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
• Toll-Free Number: 1800-180-7777

Frequently Asked Questions

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

It starts with ‘PUNB’ because Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank after the merger of UBGB and DBGB. The first four letters of the IFSC represent the sponsor bank.

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

No. All old IFSC codes from both Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank are invalid. You must use the new IFSC code format for all transactions to be successful.

What happens if I enter the wrong IFSC code?

If you enter an incorrect IFSC code, the transaction will likely fail and the money will be credited back to your account, sometimes after a delay. In rare cases, if the wrong code matches another valid branch, the funds could be misdirected, making recovery complicated.

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.

Where can I find the IFSC code for my branch?

You can find your branch’s IFSC code printed on your bank-issued chequebook and passbook. It is also available on the bank’s official website or by contacting the branch directly.

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.