Bihar Gramin Bank Jagannathpur IFSC Code

The Bihar Gramin Bank branch in Jagannathpur, located in the Darbhanga district of Bihar, serves the local community with essential banking services. For anyone looking to send or receive money online through this branch, understanding the Indian Financial System Code (IFSC) is crucial. This unique 11-character code is mandatory for all major electronic fund transfers in India, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC code ensures that your money is routed correctly and securely to the intended bank branch, preventing errors and delays.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Jagannathpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	Jagannathpur, DARBHANGA, 847209
Contact Number	9297955101
City	DARBHANGA
District	DARBHANGA
Pincode	847209
State	Bihar

Important Merger Update

Previously, banking in the region was handled by two separate entities: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since been amalgamated into 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 the former UBGB and DBGB branches are now invalid. For any online transaction, you must use the new IFSC code, which starts with ‘PUNB’ to reflect the sponsorship by Punjab National Bank. Using an old, revoked IFSC code will cause your transaction to fail.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique 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 helps identify the specific branch involved in a transaction, ensuring the money goes to the right place.

The structure of the IFSC code PUNB0MBGB06 can be broken down as follows:

• PUNB: The first four characters represent the name of the bank. In this case, ‘PUNB’ stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• 0: The fifth character is always a zero. It is reserved for future use by the RBI.
• MBGB06: The last six characters uniquely identify the specific branch. For Bihar Gramin Bank, this part often starts with ‘MBGB’, followed by numbers that specify the Jagannathpur 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 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 select the payment method (NEFT, RTGS, or IMPS).
3. Add a new beneficiary or payee. You will be prompted to enter the recipient’s details.
4. Enter the beneficiary’s name, bank account number, and account type (e.g., Savings or Current).
5. In the designated field, carefully enter the 11-character IFSC code: PUNB0MBGB06.
6. Verify all the details to ensure accuracy and confirm the transaction.

Benefits of Knowing the IFSC Code

• Ensures Accuracy: It routes funds to the exact bank branch, eliminating guesswork and reducing the risk of misdirected payments.
• Prevents Errors: The banking system validates the IFSC code before processing a transaction. An incorrect code will immediately flag an error, preventing the transaction from going through.
• Enables Fast Transfers: It is essential for automated systems like IMPS and RTGS, which rely on this code for instant or near-instant processing.
• Universal Requirement: The code is a mandatory requirement for all major domestic electronic payment systems in India, making it a vital piece of information for modern banking.

Contact Information

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

• Branch Contact Number: 9297955101
• Branch Address: Jagannathpur, DARBHANGA, Bihar – 847209
• Head Office Address: Bihar Gramin Bank, SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

1. Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
After the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank, the new entity, Bihar Gramin Bank, is sponsored by Punjab National Bank (PNB). The first four letters of the IFSC code reflect the sponsor bank, which is why it starts with ‘PUNB’.

2. Is the IFSC code PUNB0MBGB06 the same for all branches of Bihar Gramin Bank?
No. The IFSC code is unique to each branch. While the first five characters (‘PUNB0’) might be common for the bank, the last six characters (‘MBGB06’) are specific to the Jagannathpur branch. Always use the code assigned to the specific branch you are transacting with.

3. What should I do if my fund transfer fails even with the correct IFSC code?
If a transaction fails, first double-check that the beneficiary’s account number and name are correct. Sometimes, temporary network issues at either bank can cause failures. If the problem persists, you should contact your bank’s customer support for assistance.

4. Can I use this IFSC code for receiving money from another country?
No. The IFSC code is only for domestic fund transfers within India. For international money transfers, you will need a SWIFT (Society for Worldwide Interbank Financial Telecommunication) code, which is a different system used for cross-border payments.

5. What happened to my old Uttar Bihar Gramin Bank (UBGB) IFSC code?
All IFSC codes belonging to the former Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank became invalid after the merger. You must update your records and inform anyone who sends you money to use the new IFSC code (PUNB0MBGB06 for this branch) to ensure transactions are successful.