Bihar Gramin Bank JALALPUR IFSC Code

In JALALPUR, Nalanda district, Bihar, understanding your bank’s IFSC code is key for managing your money. The Indian Financial System Code, or IFSC, is a unique identifier for every bank branch in India. It is absolutely necessary for all electronic fund transfers. Whether you’re sending money through National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS), the correct IFSC code ensures your funds reach the right recipient quickly and safely. Without it, these digital transactions cannot be completed.

Branch Details

Here are the complete details for the Bihar Gramin Bank branch located in JALALPUR:

Bank Name	Bihar Gramin Bank
Branch Name	JALALPUR
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7167
Branch Address	JALALPUR, Nalanda, 803113, 9771464167
Contact Number	9771464167
City	Nalanda
District	Nalanda
Reason	BIHARSHARIF
Pincode	803113
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these former banks have now merged and operate under the new entity. As part of this merger, all branches, including JALALPUR, now use a single, unified IFSC code under Punjab National Bank. The current and only valid IFSC code for Bihar Gramin Bank branches, including JALALPUR, is PUNB0MBGB06.

It is very important to note that any old IFSC codes previously used by Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches have been revoked. These old codes are no longer valid for any banking transactions. To ensure your funds are transferred correctly, always use the new and active IFSC code PUNB0MBGB06 for all electronic transfers to or from Bihar Gramin Bank, JALALPUR branch.

What is an IFSC Code?

The IFSC Code is an 11-character alphanumeric code. It uniquely identifies every bank branch in India. This code helps the banking system direct your money to the exact branch you intend. Understanding its structure can be helpful:

• The first four characters represent the bank name. For example, in PUNB0MBGB06, “PUNB” stands for 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 acts as a control character.
• The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” uniquely points to a specific set of branches under the merged entity, including JALALPUR.

How to Use the IFSC Code

Using the IFSC code is a straightforward process for electronic fund transfers. Here’s how it generally works for the most common methods:

1. For NEFT (National Electronic Funds Transfer):
   • Log in to your bank’s internet banking portal or mobile app.
   • Go to the ‘Fund Transfer’ section and select ‘NEFT’.
   • Add a new beneficiary. You will need the beneficiary’s name, account number, account type (savings or current), and the beneficiary bank’s IFSC code (PUNB0MBGB06 for JALALPUR branch).
   • Enter the amount you wish to transfer.
   • Confirm the details and complete the transaction.
2. For RTGS (Real Time Gross Settlement):
   • RTGS is similar to NEFT but typically used for larger amounts (usually Rs. 2 lakh and above).
   • Access the fund transfer section in your online banking.
   • Choose ‘RTGS’ as the transfer type.
   • Provide the beneficiary’s details, including their name, account number, and the correct IFSC code (PUNB0MBGB06).
   • Input the transfer amount.
   • Review all information carefully before authorizing the payment.
3. For IMPS (Immediate Payment Service):
   • IMPS allows for instant fund transfers 24/7.
   • On your mobile banking app or internet banking, select ‘IMPS’.
   • You can usually transfer funds using either the beneficiary’s account number and IFSC code (PUNB0MBGB06) or their Mobile Money Identifier (MMID) and mobile number.
   • Enter the amount and confirm the transaction for instant credit to the beneficiary’s account.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code for your bank branch, and for anyone you are sending money to, offers several important benefits:

• Accurate Fund Transfers: It ensures that your money is sent to the precise bank branch of the recipient, preventing misdirection or delays.
• Faster Processing: Electronic transfers like NEFT, RTGS, and IMPS rely on the IFSC code for quick processing, allowing funds to move efficiently.
• Security: The unique identification helps in tracking transactions and adds a layer of security to prevent fraudulent activities.
• Convenience: It enables you to perform banking transactions from anywhere, anytime, using internet or mobile banking, without needing to visit a physical branch.
• Mandatory for Digital Payments: For all modern digital payment methods beyond cash, the IFSC code is a compulsory detail without which transactions cannot proceed.

Contact Information

For any queries or assistance regarding your account at the JALALPUR branch or general banking services, you can use the following contact details:

• Branch Phone Number: 9771464167
• Branch Address: JALALPUR, Nalanda, 803113, 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 Bihar Gramin Bank branches?

A1: Yes, after the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank, all branches now operate under a single, unified IFSC code: PUNB0MBGB06. This code is sponsored by Punjab National Bank and is valid for all Bihar Gramin Bank branches, including JALALPUR.

Q2: What happens if I use an old IFSC code for a Bihar Gramin Bank branch?

A2: If you use an old IFSC code that belonged to Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank before the merger, your transaction will likely fail. The banking system will not recognize the old code as valid, and the funds will not be transferred. Always use PUNB0MBGB06 for current transactions.

Q3: How can I find the IFSC code for another bank branch?

A3: You can usually find the IFSC code printed on your bank passbook or cheque book. It is also available on your bank’s official website, through their mobile banking app, or by searching on reliable financial portals by providing the bank name, state, and district.

Q4: Is the IFSC code the same as the MICR code?

A4: No, the IFSC code and MICR code are different. The IFSC code is an 11-character alphanumeric code used for electronic fund transfers (NEFT, RTGS, IMPS). The MICR (Magnetic Ink Character Recognition) code is a 9-digit numerical code printed on cheque leaves, used mainly for processing cheques.

Q5: Do I need an IFSC code for cash deposits or withdrawals at the branch?

A5: No, you do not need an IFSC code for cash deposits or withdrawals directly at the bank branch counter. The IFSC code is specifically required for electronic fund transfers that happen between different bank branches or different banks.