Bihar Gramin Bank Ghorasahan IFSC Code

The Bihar Gramin Bank branch in Ghorasahan, located in the East Champaran district of Bihar, is an important financial hub for the local community. When you need to transfer funds electronically, understanding the Indian Financial System Code (IFSC) is crucial. This unique code acts like a digital address, ensuring that money sent through systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service) reaches the correct bank and branch without any issues. It makes your transactions safe and efficient.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Ghorasahan
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100283
Branch Address	Ghorasahan, EAST CHAMPARAN, 845303, 9297954638
Contact Number	9297954638
City	EAST CHAMPARAN
District	EAST CHAMPARAN
Reason	MOTIHARI
Pincode	845303
State	Bihar

Merger Update

The banking landscape for regional rural banks in Bihar has seen some changes. Previously, banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) operated separately. These entities have since merged into a larger regional rural bank structure, which is now sponsored by Punjab National Bank. As a result, the Bihar Gramin Bank branch at Ghorasahan now uses the consolidated IFSC code, PUNB0MBGB06. This means that any old IFSC codes previously used by UBGB or DBGB branches are no longer valid for transactions. Always use the new, standardized IFSC code, PUNB0MBGB06, for all your electronic fund transfers involving this branch.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches for electronic money transfers. Think of it like a unique address for each bank branch in India.

• The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsoring bank for this regional rural bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between different types of codes.
• The last six characters identify the specific branch. In this case, “MBGB06” points to the Ghorasahan branch of Bihar Gramin Bank within the Madhya Bihar Gramin Bank framework.

How to Use an IFSC Code

Using the IFSC code is simple when you send money electronically through NEFT, RTGS, or IMPS. Here are the general steps:

• Gather Receiver Details: You will need the beneficiary’s name, their bank account number, their bank name, and the correct IFSC code for their specific branch (in this case, PUNB0MBGB06 for Bihar Gramin Bank, Ghorasahan).
• Log In: Access your internet banking portal or mobile banking app. Alternatively, visit your bank branch to fill out a NEFT/RTGS/IMPS form.
• Select Transfer Type: Choose the type of transfer you want to make (NEFT, RTGS, or IMPS).
• Enter Details: Carefully enter all the beneficiary’s information, including the IFSC code. Double-check the account number and IFSC code to avoid errors.
• Confirm and Send: Review all the entered details one last time. If everything is correct, confirm the transaction.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code for your bank branch, like PUNB0MBGB06 for Bihar Gramin Bank Ghorasahan, offers several key advantages:

• Fast Fund Transfers: It ensures your money reaches the right destination quickly through NEFT, RTGS, and IMPS.
• Error Prevention: A unique code for each branch reduces the chances of sending money to the wrong account or branch.
• Secure Transactions: It adds a layer of security to electronic fund transfers, making them traceable and reliable.
• Convenience: You can easily send or receive money from anywhere, anytime, using online banking or mobile apps.
• Mandatory Requirement: IFSC is a compulsory detail for all major electronic fund transfer methods in India.

Contact Information

For any inquiries related to the Bihar Gramin Bank Ghorasahan branch, you can use the following contact details:

• Branch Phone Number: 9297954638
• Branch Address: Ghorasahan, EAST CHAMPARAN, 845303, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes and the Bihar Gramin Bank Ghorasahan branch:

Q1: Is PUNB0MBGB06 the correct IFSC code for all Bihar Gramin Bank branches?
A1: No, PUNB0MBGB06 is the specific IFSC code for the Ghorasahan branch. Each branch has its own unique IFSC code, even within the same bank. Always confirm the exact code for the specific branch you are dealing with.

Q2: Can I use an old IFSC code if I still have it from a previous year?
A2: It is highly recommended to always use the most current IFSC code. Due to bank mergers, reorganizations, or changes in sponsoring banks, old codes might become invalid. For Bihar Gramin Bank, Ghorasahan, the current valid code is PUNB0MBGB06.

Q3: What should I do if my money transfer fails due to an incorrect IFSC code?
A3: If a transfer fails because of an incorrect IFSC code, the money usually returns to your account within a few hours or one to two business days. Contact your bank immediately to understand the exact reason and ensure the correct details are used for your next transfer.

Q4: Is the IFSC code needed for cash deposits or withdrawals at the branch?
A4: No, the IFSC code is not required for over-the-counter cash deposits or withdrawals at the physical bank branch. It is primarily used for electronic fund transfers like NEFT, RTGS, and IMPS.

Q5: Where can I find the IFSC code for other Bihar Gramin Bank branches?
A5: You can usually find the IFSC code on your bank passbook, chequebook, or by visiting the bank’s official website. Many third-party financial websites also provide IFSC code lookups, but always verify the information from an official source.