The Bagahi Bhelwa branch of Bihar Gramin Bank is located in the East Champaran district of Bihar. When you need to send or receive money electronically, such as through NEFT, RTGS, or IMPS, an Indian Financial System Code (IFSC) is absolutely essential. This unique code helps identify the specific bank and branch involved in the transfer, ensuring your funds reach the correct destination quickly and securely.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | Bagahi Bhelwa |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100216 |
| Branch Address | Bagahi Bhelwa, EAST CHAMPARAN, 845315 |
| Contact Number | 9297954605 |
| City | EAST CHAMPARAN |
| District | EAST CHAMPARAN |
| Reason | MOTIHARI |
| Pincode | 845315 |
| State | Bihar |
Merger Update
You might recall banks named Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two important regional rural banks have merged to form the single entity now known as Bihar Gramin Bank. Following this merger, all branches under the newly formed Bihar Gramin Bank, including Bagahi Bhelwa, now operate under a unified system. Their IFSC codes are sponsored by Punjab National Bank.
Therefore, the correct and currently valid IFSC code for the Bagahi Bhelwa branch is PUNB0MBGB06. It is crucial to understand that any old IFSC codes previously used by UBGB or DBGB for this branch have been revoked. For any electronic fund transfers like NEFT, RTGS, or IMPS, you must use only the new code PUNB0MBGB06. Using an old or incorrect code will cause your transaction to fail.
What is an IFSC Code?
An IFSC, or Indian Financial System Code, is an 11-character alpha-numeric code that uniquely identifies every bank branch participating in online money transfers. Think of it like a unique address for your bank branch in the digital world. This code is critical for ensuring that funds are sent to the correct recipient bank and branch.
The structure of the IFSC code is specific:
- The first four characters are alphabetic and represent the bank. For the Bagahi Bhelwa branch, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
- The fifth character is always a “0” (zero). This is kept as a control character for future use.
- The last six characters are numeric and uniquely identify the specific branch. In this case, “MBGB06” identifies the Bagahi Bhelwa branch within the Bihar Gramin Bank system.
How to Use an IFSC Code
Using the IFSC code is straightforward when you’re making electronic payments. Here’s how it generally works for different types of transactions:
- For NEFT (National Electronic Funds Transfer): This system processes fund transfers in batches. When initiating an NEFT transfer through your bank’s online portal or mobile app, you will need to provide the beneficiary’s bank name (Bihar Gramin Bank), their branch name (Bagahi Bhelwa), their account number, and the IFSC code PUNB0MBGB06.
- For RTGS (Real-Time Gross Settlement): RTGS is used for high-value transactions and processes payments individually and in real-time. Similar to NEFT, you’ll enter the beneficiary’s bank, branch, account number, and the specific IFSC code PUNB0MBGB06 when setting up an RTGS transfer.
- For IMPS (Immediate Payment Service): IMPS allows instant, 24/7 fund transfers. When using IMPS via mobile banking or internet banking, you will typically need the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their account number and the IFSC code PUNB0MBGB06.
Always double-check the IFSC code, account number, and beneficiary details before confirming any transaction to avoid errors.
Benefits of Knowing Your IFSC Code
Knowing the correct IFSC code for your bank branch offers several key advantages:
- Ensures Accurate Transfers: The primary benefit is that it directs your money to the exact bank and branch, minimizing the risk of funds going to the wrong account.
- Facilitates Online Transactions: It is mandatory for all major electronic fund transfer methods like NEFT, RTGS, and IMPS, enabling quick and secure online payments.
- Saves Time: With the correct IFSC, transactions are processed efficiently, reducing delays often associated with manual verification or incorrect details.
- Boosts Security: By uniquely identifying the recipient’s bank branch, the IFSC adds an extra layer of security to your financial transactions.
- Access to Digital Banking: For many digital banking services, including setting up recurring payments or direct debits, the IFSC code is a necessary piece of information.
Contact Information
If you need to get in touch with the Bagahi Bhelwa branch or the main office of Bihar Gramin Bank, here are the relevant details:
- Branch Phone Number: 9297954605
- Branch Address: Bagahi Bhelwa, EAST CHAMPARAN, Pincode – 845315, Bihar
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions (FAQs)
Q1: Is the IFSC code PUNB0MBGB06 valid for all branches of Bihar Gramin Bank?
A1: No, the IFSC code PUNB0MBGB06 is specifically for the Bagahi Bhelwa branch of Bihar Gramin Bank. While the first few characters (PUNB0MBGB) indicate Bihar Gramin Bank under Punjab National Bank’s sponsorship, the last two characters “06” specifically identify the Bagahi Bhelwa branch. Each branch will have its own unique last six characters.
Q2: What happens if I use an old IFSC code for Bihar Gramin Bank?
A2: If you use an old or revoked IFSC code (from before the merger of UBGB and DBGB), your electronic fund transfer will almost certainly fail. The transaction will be rejected by the banking system, and the funds will not reach the beneficiary. You will then have to initiate the transaction again with the correct, current IFSC code.
Q3: Where can I find the IFSC code for my Bihar Gramin Bank Bagahi Bhelwa branch?
A3: The IFSC code is typically printed on your bank passbook. You can also find it on your bank’s chequebook. Additionally, many bank websites and reliable financial portals provide searchable databases for IFSC codes. For the Bagahi Bhelwa branch, it is PUNB0MBGB06.
Q4: Is an IFSC code required for cash deposits or withdrawals at the branch?
A4: No, an IFSC code is not required for physical cash deposits or withdrawals made directly at the bank branch. The IFSC code is only used for electronic fund transfers that happen between different banks or branches.
Q5: What is the difference between an IFSC code and a MICR code?
A5: An IFSC code (Indian Financial System Code) is an 11-character alpha-numeric code used for electronic fund transfers (NEFT, RTGS, IMPS). It identifies the specific bank and branch for online transactions. A MICR code (Magnetic Ink Character Recognition) is a 9-digit numeric code primarily used for processing cheques. It identifies the bank, city, and branch for cheque clearing purposes. Both codes serve different functions in the banking system.
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.