Bihar Gramin Bank Semra Hat IFSC Code

The Bihar Gramin Bank branch located in Semra Hat, East Champaran, Bihar, serves as a vital financial hub for the local community. For anyone looking to transfer funds electronically to or from this branch, understanding and using its Indian Financial System Code (IFSC) is essential. This unique 11-character code is indispensable for various digital payment methods, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, these modern fund transfers cannot be processed, ensuring your money reaches the intended recipient and bank branch accurately and securely.

Branch Information

Detail	Information
Bank Name	Bihar Gramin Bank
Branch Name	Semra Hat
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100248
Branch Address	Semra Hat, EAST CHAMPARAN, 845435
Contact Number	9297954717
City	EAST CHAMPARAN
District	EAST CHAMPARAN
Reason	MOTIHARI
Pincode	845435
State	Bihar

Important Merger Update for Bihar Gramin Bank

Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. It was formed through the amalgamation of previous regional rural banks in Bihar, including Madhya Bihar Gramin Bank (MBGB) and Bihar Kshetriya Gramin Bank. As a result of these mergers and the ongoing process of consolidating banking services, all branches of Bihar Gramin Bank, including the Semra Hat branch, now operate under a unified IFSC code structure. The current IFSC code, PUNB0MBGB06, reflects this integration under the sponsorship of Punjab National Bank (PUNB).

It is crucial for all customers and individuals making transactions to note that any older IFSC codes previously associated with constituent banks or prior structures of Bihar Gramin Bank are now officially revoked and are no longer valid for fund transfers. For any electronic transactions to the Semra Hat branch or any other Bihar Gramin Bank branch, you must use the updated and currently valid IFSC code series, such as PUNB0MBGB06 for this specific branch. Using an outdated IFSC code will cause your transaction to fail.

Understanding the IFSC Code

The Indian Financial System Code (IFSC) is a unique, 11-character alphanumeric code. It’s designed by the Reserve Bank of India (RBI) to identify individual bank branches participating in online money transfer systems like NEFT, RTGS, and IMPS. This code ensures that electronic transfers are routed correctly to the intended bank and its specific branch.

The PUNB0MBGB06 code for Bihar Gramin Bank, Semra Hat branch, breaks down as follows:

• The first four characters (PUNB) represent the bank code, which in this case refers to Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between various IFSC codes.
• The last six characters (MBGB06) uniquely identify the specific bank branch. For the Semra Hat branch, ‘MBGB06’ precisely points to its location within the Bihar Gramin Bank system, historically linked to Madhya Bihar Gramin Bank.

How to Use Your IFSC Code for Transfers

Using the IFSC code for electronic fund transfers is a straightforward process. Here are the steps you typically follow when initiating an NEFT, RTGS, or IMPS transaction:

1. Log In: Access your online banking portal or mobile banking application, or visit your bank branch to fill out a NEFT/RTGS/IMPS form.
2. Select Transfer Type: Choose the type of transfer you wish to make (NEFT, RTGS, or IMPS). Each has different processing times and limits.
3. Add Beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. This usually involves providing their details.
4. Enter Beneficiary Details: You will need the following information for the recipient:
   • Beneficiary’s Name
   • Beneficiary’s Account Number
   • Beneficiary’s Bank Name (Bihar Gramin Bank)
   • The correct IFSC Code for their branch (PUNB0MBGB06 for Semra Hat)
   • The transfer amount
5. Confirm and Transact: Review all the entered details carefully. Once confirmed, proceed with the transaction. Your bank will then use the IFSC code to route the funds to the correct branch of Bihar Gramin Bank.

Key Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for Bihar Gramin Bank, Semra Hat branch, offers several important advantages:

• Secure Transactions: It ensures your funds are transferred to the precise bank and branch, minimizing the risk of errors or misdirected payments.
• Mandatory for Online Transfers: The IFSC is a mandatory requirement for all NEFT, RTGS, and IMPS transactions, enabling fast and efficient digital banking.
• Branch Identification: It uniquely identifies each bank branch across India, simplifying the process of directing funds to specific locations, even within the same bank.
• Streamlined Payments: For businesses and individuals, having the correct IFSC readily available streamlines the process of sending and receiving payments, improving financial efficiency.
• Essential for Online Banking: If you manage your finances online, the IFSC code is a fundamental piece of information you’ll often need for various transactions, from bill payments to peer-to-peer transfers.

Branch and Bank Contact Information

For any queries or assistance related to the Semra Hat branch or Bihar Gramin Bank, you can use the following contact details:

• Semra Hat Branch Phone Number: 9297954717
• Semra Hat Branch Address: Semra Hat, EAST CHAMPARAN, 845435, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about the IFSC code for Bihar Gramin Bank, Semra Hat branch:

Q1: What is the IFSC code for Bihar Gramin Bank, Semra Hat branch?
The IFSC code for Bihar Gramin Bank, Semra Hat branch, is PUNB0MBGB06.

Q2: Why is the IFSC code different from what I might have used before for a similar bank?
Bihar Gramin Bank was formed through the merger of various regional rural banks. As part of this consolidation, and its sponsorship by Punjab National Bank, the IFSC codes were updated and standardized. Any old IFSC codes from predecessor banks are no longer valid, and you must use the current PUNB0MBGB06 code for the Semra Hat branch.

Q3: Can I use this IFSC code for international money transfers?
No, the IFSC code (PUNB0MBGB06) is specifically for domestic electronic fund transfers within India. For international transfers, banks use a different code called SWIFT (Society for Worldwide Interbank Financial Telecommunication) or BIC (Bank Identifier Code). Bihar Gramin Bank, as a regional rural bank, typically does not handle international transfers directly and would likely route them through its sponsor bank (Punjab National Bank) if such a service is available.

Q4: What happens if I enter an incorrect IFSC code during a transaction?
If you enter an incorrect IFSC code, your transaction will generally fail and be rejected by the banking system. The funds will usually be returned to your account within a short period. It is crucial to always double-check the IFSC code to avoid delays and complications in your fund transfers.

Q5: Is the MICR code also important for online transactions?
While the IFSC code is essential for NEFT, RTGS, and IMPS, the MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. It helps in the quick and automated clearance of cheques. For most online digital fund transfers, the IFSC code is the primary identifier needed.