Bihar Gramin Bank GOPIMORE IFSC Code

The Bihar Gramin Bank branch in GOPIMORE, located in Gaya, Bihar, plays a crucial role for residents and businesses in the area. When you need to transfer funds electronically, understanding specific bank codes is essential. The Indian Financial System Code (IFSC) is one such code. It helps ensure that money transfers like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service) reach the correct bank branch quickly and securely. Without the right IFSC code, your electronic transactions cannot be processed successfully.

Branch Details

Here are the specific details for the Bihar Gramin Bank, GOPIMORE branch:

Bank Name	Bihar Gramin Bank
Branch Name	GOPIMORE
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7464
Branch Address	GOPIMORE, Gaya, 824232
Contact Number	7781004464
City	Gaya
District	Gaya
Pincode	824232
State	Bihar

Merger Update

For branches that were previously part of Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it is important to note a significant change. Both of these banks, along with Bihar Gramin Bank, have now merged into a unified entity. This new entity operates under the sponsorship of Punjab National Bank. Consequently, a single, consolidated IFSC code, PUNB0MBGB06, is now used for all transactions for these merged rural bank branches, including the GOPIMORE branch.

This means that any old IFSC codes previously used by Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are now revoked and no longer valid. To ensure your fund transfers are processed correctly, you must use only the new IFSC code, PUNB0MBGB06, for all future electronic transactions. Using an old or incorrect code will cause your transaction to fail.

What is an IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is an 11-character alpha-numeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch in India participating in electronic funds transfer systems.

The structure of the IFSC code is straightforward:

• The first four characters represent the bank name. For PUNB0MBGB06, "PUNB" indicates Punjab National Bank, the sponsoring bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between the bank code and the branch code.
• The last six characters uniquely identify the specific bank branch. In this case, "MBGB06" points to the particular branch, which for our example is GOPIMORE.

This unique identification system is critical for directing funds to the exact recipient branch, preventing misdirection of money during electronic transfers.

How to Use IFSC Code

You will need the IFSC code whenever you initiate an electronic fund transfer. Here’s how it typically works for NEFT, RTGS, and IMPS:

• NEFT (National Electronic Funds Transfer): This system allows funds to be transferred from one bank account to another across India. When initiating an NEFT transaction through your bank’s online portal or mobile app, you will need to provide the beneficiary’s name, account number, bank name, and the correct IFSC code (PUNB0MBGB06 for GOPIMORE branch). Funds are processed in batches throughout the day.
• RTGS (Real Time Gross Settlement): RTGS is for high-value transactions, typically for amounts of 2 lakh rupees or more. Funds are processed individually and immediately, in real-time. Similar to NEFT, you will need the beneficiary’s details, including their account number, bank name, and the specific IFSC code (PUNB0MBGB06).
• IMPS (Immediate Payment Service): IMPS offers instant, 24/7 fund transfers, even on holidays. It’s often used for smaller, urgent transactions. When using IMPS via mobile banking or a banking app, you will need the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their account number and the correct IFSC code (PUNB0MBGB06).

Always double-check the IFSC code and other beneficiary details before confirming any transaction to avoid delays or transfer failures.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch is highly beneficial for several reasons:

• Accurate Fund Transfers: Ensures your money reaches the intended recipient’s bank branch without errors.
• Faster Transactions: Correct IFSC codes help process NEFT, RTGS, and IMPS transactions quickly and efficiently.
• Preventing Delays: An incorrect IFSC code can cause transactions to be delayed or even reversed, leading to inconvenience.
• Online Banking Convenience: Essential for setting up beneficiaries and making payments through internet banking and mobile banking apps.
• Remittance from Abroad: Often required for receiving international remittances into your Indian bank account.
• Security: Adds an extra layer of verification, ensuring funds are directed to a legitimate bank branch.

Contact Information

If you need to get in touch with the Bihar Gramin Bank, GOPIMORE branch, or the head office, here are the details:

• GOPIMORE Branch Phone Number: 7781004464
• GOPIMORE Branch Address: GOPIMORE, Gaya, 824232, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: Is an IFSC code mandatory for all bank transfers?
A1: Yes, an IFSC code is mandatory for all electronic fund transfers within India, including NEFT, RTGS, and IMPS. It ensures the funds are routed to the specific branch of the beneficiary’s bank.

Q2: What happens if I use a wrong IFSC code?
A2: If you use an incorrect IFSC code, your transaction will likely fail. The system will detect that the code does not match the beneficiary’s bank and branch, and the transfer will be rejected, often with an error message. The funds will usually be returned to your account, but this can cause delays.

Q3: Where can I find the IFSC code for my bank branch?
A3: You can find the IFSC code printed on your bank’s chequebook. It is also available on your bank’s passbook, on the bank’s official website, through your net banking portal, or by contacting your bank branch directly.

Q4: What is the difference between IFSC and MICR code?
A4: Both are bank codes, but they serve different purposes. The IFSC code (Indian Financial System Code) is an 11-character alpha-numeric code used for electronic fund transfers (NEFT, RTGS, IMPS). The MICR code (Magnetic Ink Character Recognition) is a 9-digit numerical code printed on cheque leaves, used primarily for processing cheques quickly and securely. The MICR code helps identify the bank, city, and branch for cheque clearing.

Q5: Can an IFSC code change?
A5: Yes, an IFSC code can change. This usually happens when banks merge, restructure, or if a branch relocates. As highlighted in the merger update section, previous IFSC codes for merged regional rural banks are now invalid, and a new unified code (PUNB0MBGB06) is in use. It’s always a good practice to verify the latest IFSC code, especially after bank mergers or if you haven’t transacted with a particular branch recently.