Bihar Gramin Bank GUNDI(GUNRI) IFSC Code

The GUNDI(GUNRI) branch of Bihar Gramin Bank is located in the Bhojpur district of Bihar. For anyone looking to send or receive money online through this branch, understanding the IFSC code is essential. This unique code acts as a specific address for the bank branch in the digital banking system. It ensures that funds transferred via popular methods like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are routed correctly and securely to the intended account.

Bihar Gramin Bank, GUNDI(GUNRI) Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	GUNDI(GUNRI)
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	6880
Branch Address	GUNDI(GUNRI), Bhojpur, 802313, 9523596880
Contact Number	9523596880
City	Bhojpur
District	Bhojpur
Region	ARA
Pincode	802313
State	Bihar

Important Merger Information

Previously, Bihar had two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged into a single entity, now known as Bihar Gramin Bank, sponsored by Punjab National Bank (PNB). As a result of this merger, all old IFSC codes, including those previously used by DBGB branches, have been revoked and are no longer valid. All branches of the newly formed Bihar Gramin Bank now operate under a new set of IFSC codes starting with ‘PUNB’. For any online transaction, you must use the new, updated IFSC code to avoid payment failures.

Understanding the IFSC Code

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code that uniquely identifies a bank branch participating in the NEFT system. The structure is simple to understand when broken down. Let’s use the GUNDI(GUNRI) branch code, PUNB0MBGB06, as an example.

• PUNB: The first four alphabetic characters represent the bank. In this case, ‘PUNB’ stands for Punjab National Bank, the sponsor bank after the merger.
• 0: The fifth character is always a zero. It is a control character reserved for future use by the Reserve Bank of India (RBI).
• MBGB06: The last six characters are the branch identifier. This unique part of the code ensures that your funds are directed specifically to the GUNDI(GUNRI) 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 portal or mobile banking application.
2. Navigate to the ‘Fund Transfer’ section and choose your preferred method: NEFT, RTGS, or IMPS.
3. Select ‘Add Beneficiary’ or ‘Add Payee’. You will need to provide the recipient’s details here.
4. Enter the beneficiary’s name, bank account number, and account type (savings or current).
5. In the designated field, carefully enter the IFSC code: PUNB0MBGB06.
6. Review all the details to ensure they are correct and confirm the transaction, usually with an OTP (One-Time Password).

Why the IFSC Code is Important

Knowing and using the correct IFSC code offers several key benefits for your banking transactions.

• Accuracy: The code eliminates guesswork and ensures that your money is sent to the precise bank branch you intend, preventing funds from being misdirected.
• Error Reduction: Most banking systems cross-verify the IFSC code with the bank and branch name, helping to catch typos or errors before a transaction is completed.
• Transaction Speed: It automates the process of routing funds between banks, which makes electronic transfers much faster and more efficient than manual methods.
• Security: The IFSC code adds a layer of validation to the transfer process, securing the path your money takes from one account to another.

Contact the Branch or Head Office

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

Branch Contact Details

• Phone: 9523596880
• Address: GUNDI(GUNRI), Bhojpur, Bihar – 802313

Head Office Details

• Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

1. What will happen if I use an old IFSC code for Dakshin Bihar Gramin Bank?

If you use an old, invalid IFSC code, your transaction will be rejected. The amount will be reversed and credited back to your account, but this can cause delays.

2. Is PUNB0MBGB06 the correct IFSC code for the GUNDI(GUNRI) branch?

Yes, following the merger of regional banks in Bihar, PUNB0MBGB06 is the correct and current IFSC code for all electronic fund transfers to the GUNDI(GUNRI) branch of Bihar Gramin Bank.

3. Do I need an IFSC code to deposit cash at the branch?

No, the IFSC code is not required for physical transactions like depositing cash or a cheque at the bank branch itself. It is specifically used for online transfers between different bank accounts.

4. What is the difference between an IFSC code and a MICR code?

The IFSC code is an 11-character code used for online fund transfers (NEFT, RTGS, IMPS). The MICR code is a 9-digit code printed on cheque leaves that is used by banks to process and clear cheques more quickly.

5. Where else can I find my branch’s IFSC code?

You can typically find the IFSC code printed on the first page of your bank passbook, on a cheque leaf from your chequebook, or by visiting the bank’s official website.