Bihar Gramin Bank BHARAUNDHA IFSC Code

Welcome to the BHARAUNDHA branch of Bihar Gramin Bank, located in the Gaya district of Bihar. Understanding your bank’s Indian Financial System Code, or IFSC, is crucial for secure and efficient money transfers. This unique code is essential for various digital transactions like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Whether you are sending money to family or managing business transactions, the correct IFSC ensures your funds reach the right bank and branch quickly.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	BHARAUNDHA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7220
Branch Address	BHARAUNDHA, Gaya, 824205, 9771464220
Contact Number	9771464220
City	Gaya
District	Gaya
Pincode	824205
State	Bihar

Merger Update

For customers of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), it is important to note a significant change. These two banks have merged to form the new entity known as Bihar Gramin Bank. As part of this merger and its sponsorship by Punjab National Bank, all branches, including BHARAUNDHA, now operate under a unified IFSC code structure. The IFSC code for Bihar Gramin Bank branches begins with “PUNB0” to reflect its sponsorship. Specifically, the BHARAUNDHA branch uses PUNB0MBGB06.

It is crucial to understand that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are no longer valid for transactions. To ensure successful fund transfers via NEFT, RTGS, or IMPS, you must use the new, updated IFSC code provided by Punjab National Bank for Bihar Gramin Bank branches.

What is an IFSC Code?

An IFSC code, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in the NEFT, RTGS, and IMPS systems in India. This code acts like a digital address, ensuring your money goes to the correct destination.

The IFSC code has a specific structure:

• The first four characters identify the bank. For example, “PUNB” in PUNB0MBGB06 stands for Punjab National Bank, the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” uniquely identifies the BHARAUNDHA branch of Bihar Gramin Bank.

Each branch has its own distinct IFSC code, making sure that every digital transaction is routed precisely.

How to Use an IFSC Code

Using an IFSC code for online fund transfers is straightforward. Here are the steps involved when using services like NEFT, RTGS, or IMPS:

1. Log In: Access your internet banking portal or mobile banking app.
2. Select Transfer Type: Choose the type of transfer you wish to make (NEFT, RTGS, or IMPS).
3. Add Beneficiary: If you are sending money to someone for the first time, you will need to add them as a beneficiary.
4. Enter Details: Provide the beneficiary’s name, their bank account number, the bank’s name (Bihar Gramin Bank), and the correct IFSC code for their branch (e.g., PUNB0MBGB06 for BHARAUNDHA).
5. Confirm and Transfer: Enter the amount you wish to send, review all the details carefully, and then confirm the transaction.

The system uses the IFSC code to correctly identify the beneficiary’s bank and specific branch, ensuring your funds are credited to the right account without delays.

Benefits of Knowing Your IFSC Code

Having easy access to the correct IFSC code for your bank branch offers several advantages:

• Secure Transfers: It guarantees that your digital fund transfers are routed to the intended bank and branch, minimizing errors and enhancing security.
• Efficient Payments: Enables quick and seamless transactions through NEFT, RTGS, and IMPS, facilitating timely payments for various needs.
• Online Banking Convenience: Allows you to perform banking operations from anywhere, anytime, using your computer or smartphone.
• Account Verification: Often required by third-party services, such as payment gateways or investment platforms, to verify your bank account details.
• National Reach: Connects your bank branch to the national payment system, enabling transactions with any other IFSC-enabled bank branch across India.

Contact Information

For any queries related to your account or banking services at the BHARAUNDHA branch, you can reach out using the following details:

• Branch Phone Number: 9771464220
• Branch Address: BHARAUNDHA, Gaya, 824205, Bihar

For general inquiries or to contact the head office:

• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some commonly asked questions about the Bihar Gramin Bank BHARAUNDHA branch and its IFSC code:

Q1: What is the IFSC code for Bihar Gramin Bank, BHARAUNDHA branch?
A1: The IFSC code for Bihar Gramin Bank, BHARAUNDHA branch, is PUNB0MBGB06.

Q2: Why does the IFSC code for Bihar Gramin Bank start with “PUNB0”?
A2: Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. The “PUNB0” prefix in the IFSC code indicates its association and sponsorship by Punjab National Bank, which manages its technical infrastructure for digital transactions.

Q3: Can I still use old IFSC codes from Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?
A3: No, you should not use old IFSC codes from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB). These banks have merged to form Bihar Gramin Bank, and only the new IFSC codes, like PUNB0MBGB06, are valid for transactions.

Q4: What banking services require an IFSC code?
A4: An IFSC code is required for various online fund transfer services such as NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). It is also often needed for setting up online mandates or linking bank accounts to other financial services.

Q5: Is the IFSC code unique for each bank branch?
A5: Yes, every bank branch participating in the Indian financial system has its own unique 11-character IFSC code. This ensures that electronic fund transfers are directed precisely to the intended branch, preventing misdirection of funds.