Bihar Gramin Bank ITWA IFSC Code

The Bihar Gramin Bank branch in Itwa is located in the Bhojpur district of Bihar. For any online money transfer to this branch, you need a specific code called the Indian Financial System Code (IFSC). This 11-character code is essential for directing funds accurately through payment systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC code, your transaction will not be processed.

Branch Details

Merger and IFSC Update

Previously, banking services in the region were provided by two separate entities: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since been merged to form the unified Bihar Gramin Bank, which is now sponsored by Punjab National Bank (PNB). As a result of this merger, all old IFSC codes belonging to UBGB and DBGB have been revoked and are no longer valid. For all transactions, customers must use the new IFSC code, PUNB0MBGB06, which reflects the sponsorship by Punjab National Bank.

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 identify every bank branch participating in online fund transfer systems. The code has a specific structure that helps route transactions correctly.

• First 4 Characters: These represent the bank’s name. For Bihar Gramin Bank, the code is PUNB, indicating its sponsor bank, Punjab National Bank.
• Fifth Character: This is always a zero (0). It is a control character reserved for future use.
• Last 6 Characters: This part identifies the specific branch. For the Itwa branch, this is MBGB06.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online money transfer is a straightforward process. When you initiate a transaction using your bank’s mobile app or website, you will be asked to provide the beneficiary’s details.

1. Log in to your net banking portal or mobile banking application.
2. Navigate to the ‘Fund Transfer’ section and select the payment method (NEFT, RTGS, or IMPS).
3. Add a new beneficiary or payee.
4. Enter the beneficiary’s name, account number, and the IFSC code: PUNB0MBGB06.
5. Enter the amount you wish to transfer and confirm the transaction.

Benefits of Using the Correct IFSC Code

• Ensures Accuracy: The primary benefit is that your money goes to the right bank and branch, preventing misdirected payments.
• Reduces Errors: The unique code for each branch eliminates confusion, especially between branches with similar names or locations.
• Enables Fast Processing: Automated systems use the IFSC to clear NEFT, RTGS, and IMPS transactions quickly and efficiently.
• Prevents Transaction Failure: A correct IFSC code is a mandatory field for online transfers. An incorrect code will cause the transaction to be rejected.

Contact Information

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

• Branch Phone Number: 7541807512
• Branch Address: ITWA, Bhojpur, Bihar – 802165
• Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
• Toll-Free Number: 18001807777

Frequently Asked Questions

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

No. Following the merger, all old IFSC codes have been deactivated. You must use the new IFSC code, PUNB0MBGB06, 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 be rejected and the funds returned to your account. In some cases, it could be delayed while the bank attempts to resolve the error.

Is the IFSC code the same as the MICR code?

No, they serve different purposes. The IFSC code is used for online fund transfers like NEFT and RTGS. The MICR (Magnetic Ink Character Recognition) code is a 9-digit code found on cheque leaves used for processing cheques.

Where can I find my branch’s IFSC code?

The IFSC code is printed on the bank’s chequebooks and passbooks. You can also find it on the bank’s official website or by contacting the branch directly.

Is the IFSC code PUNB0MBGB06 the same for all Bihar Gramin Bank branches?

Yes, following the merger and system integration under Punjab National Bank, PUNB0MBGB06 is the unified IFSC code designated for transactions across Bihar Gramin Bank branches.

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.