Bihar Gramin Bank Pandasarai IFSC Code

The Pandasarai branch of Bihar Gramin Bank is located in the Darbhanga district of Bihar. For anyone looking to send or receive money online to an account at this branch, the Indian Financial System Code (IFSC) is essential. This unique 11-character code acts like a specific address for the bank branch, ensuring that electronic fund transfers through systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) are routed correctly and securely without any errors.

Branch Details for Bihar Gramin Bank, Pandasarai

Bank Name	Bihar Gramin Bank
Branch Name	Pandasarai
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	Pandasarai, DARBHANGA, 846001
Contact Number	9297955136
City	DARBHANGA
District	DARBHANGA
State	Bihar

Important Update on Bank Merger

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 now been amalgamated to form a single, stronger entity known as Bihar Gramin Bank. This merger was sponsored by Punjab National Bank (PNB).

As a result of this consolidation, all old IFSC codes belonging to the former UBGB and DBGB branches are now invalid and have been discontinued. All branches of the newly formed Bihar Gramin Bank, including Pandasarai, now operate under a new set of IFSC codes that begin with ‘PUNB’. It is crucial to use only the new IFSC code, PUNB0MBGB06, for all future transactions to avoid payment failures or delays.

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 helps to uniquely identify each branch in the country.

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

• PUNB: The first four alphabetic characters represent the name of the sponsor bank, which is Punjab National Bank.
• 0: The fifth character is always a zero. It is a control character reserved for future use.
• MBGB06: The last six characters represent the unique code for the specific branch, in this case, the Pandasarai branch of Bihar Gramin Bank.

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 bank’s net banking website or mobile application.
2. Navigate to the ‘Fund Transfer’ or ‘Payments’ section and choose the transfer type (NEFT, RTGS, or IMPS).
3. You will need to add the recipient as a ‘beneficiary’ or ‘payee’. Select ‘Add New Beneficiary’.
4. Enter the required details: the recipient’s name, their bank account number, and the IFSC code for their branch, which is PUNB0MBGB06 for the Pandasarai branch.
5. Once you enter the IFSC code, the system will typically auto-populate the bank and branch name for verification. Confirm that it shows Bihar Gramin Bank, Pandasarai.
6. After the beneficiary is added, you can initiate the transfer by entering the amount and confirming the transaction with your password or PIN.

Benefits of Knowing the IFSC Code

• Accuracy: It ensures that your money is sent to the exact bank and branch you intend, eliminating routing errors.
• Speed: Correct IFSC codes enable automated processing, which makes transactions faster and more efficient.
• Reduced Failures: Using the right code minimizes the chances of a transaction being rejected or delayed due to incorrect branch information.
• Security: It adds a layer of verification to the fund transfer process, confirming that the account number is linked to the specified branch.

Contact Information

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

• Branch Phone Number: 9297955136
• Branch Address: Pandasarai, DARBHANGA, 846001, Bihar
• Head Office Address: Bihar Gramin Bank, SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
The IFSC code starts with ‘PUNB’ because Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank after the merger of Uttar Bihar and Dakshin Bihar Gramin Banks. The new codes reflect this sponsorship.

What will happen if I use an old IFSC code from Uttar Bihar Gramin Bank?
If you use an old, discontinued IFSC code, your transaction will fail. The funds will be automatically reversed and credited back to your account, but this process may take some time.

Is the IFSC code PUNB0MBGB06 the same for all Bihar Gramin Bank branches?
No. While the first four letters ‘PUNB’ are common for all branches under the sponsor bank, the last six characters (‘MBGB06’ in this case) are unique to each specific branch. Always use the code designated for the particular branch you are sending money to.

Can I find the IFSC code on my chequebook or passbook?
Yes, the correct IFSC code for your branch is typically printed on the front page of your bank passbook and on the leaves of your chequebook. This is a reliable way to verify the code.

Is this IFSC code required for international money transfers?
No, the IFSC code is only used for domestic fund transfers within India. For international wire transfers, you would need a SWIFT (Society for Worldwide Interbank Financial Telecommunication) code, which is different from an IFSC code.