Bihar Gramin Bank KESHOPUR IFSC Code

The Keshopur 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 like a specific address for the bank branch, ensuring that your funds transferred via NEFT, RTGS, or IMPS reach the correct account without any errors or delays.

Branch Details

Important Merger Update

Bihar Gramin Bank was formed through the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this amalgamation, the bank is sponsored by Punjab National Bank (PNB). As a result of this change, all old IFSC codes belonging to the former UBGB and DBGB branches are now invalid and have been revoked. For all online transactions to any branch of Bihar Gramin Bank, including Keshopur, you must use the new, centralized IFSC code: PUNB0MBGB06. Using an old code will lead to transaction failure.

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 the country’s electronic funds transfer network. The code has a specific structure that helps route transactions correctly.

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

• PUNB: The first four letters represent the sponsor bank, which is Punjab National Bank.
• 0: The fifth character is always a zero. It is reserved for future regulatory use.
• MBGB06: The last six characters identify the specific bank branch. In this case, it’s a unique code for the Madhya Bihar Gramin Bank operations, used for all its branches post-merger.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for online banking is straightforward. Whether you are using NEFT for standard transfers, RTGS for high-value transactions, or IMPS for immediate payments, the process is similar.

1. Log into your bank’s internet banking portal or mobile banking app.
2. Navigate to the ‘Fund Transfer’ section and choose your preferred method (NEFT, RTGS, or IMPS).
3. Add the recipient as a ‘beneficiary’. You will need their name, bank account number, and the bank branch’s IFSC code.
4. Enter the Keshopur branch IFSC code: PUNB0MBGB06.
5. Double-check all the details you’ve entered, especially the account number and IFSC code, to prevent errors.
6. Enter the amount you wish to transfer, authenticate the transaction with your password or PIN, and confirm.

Benefits of Using the Correct IFSC Code

• Transaction Accuracy: It ensures your money is routed directly to the intended bank and branch, eliminating errors.
• Faster Processing: Correct codes enable automated processing, which speeds up credit to the beneficiary’s account.
• Prevents Failures: Using the right IFSC code is mandatory for electronic fund transfers and prevents transactions from being rejected or delayed.
• Enables Digital Payments: It is the key that unlocks access to India’s entire digital payment network for your bank account.

Contact Information

For any direct queries, you can reach out to the bank through the following channels:

• Branch Contact Number: 7541807536
• Branch Address: KESHOPUR, Bhojpur, Bihar – 802111
• Head Office Address: Bihar Gramin Bank, SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

1. 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 IFSC codes are now routed through PNB’s network.

2. What happens if I use an old IFSC code for Dakshin Bihar Gramin Bank?

If you use an old, discontinued IFSC code, your transaction will fail. The funds will be reversed back to your account, but this can take a few business days.

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

Yes. Following the merger and system integration, Bihar Gramin Bank uses this single, centralized IFSC code for all its branches for receiving NEFT, RTGS, and IMPS transactions.

4. Where can I find the IFSC code on my chequebook?

The IFSC code is typically printed on the top left corner of a cheque leaf, near the branch address details. You can also find it in your bank passbook.

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

The IFSC code is an 11-character alphanumeric code used for online fund transfers like NEFT and RTGS. The MICR code is a 9-digit numeric code found at the bottom of a cheque, used for processing physical cheques electronically.

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.