Bihar Gramin Bank BHADAUNI IFSC Code

This article focuses on the Bihar Gramin Bank branch located in BHADAUNI, Nawada, Bihar. Understanding the Indian Financial System Code (IFSC) for this branch is crucial for anyone needing to transfer funds electronically. The IFSC code acts as a unique identifier for bank branches, 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 destination quickly and securely.

Bihar Gramin Bank BHADAUNI Branch Details

Detail	Information
Bank Name	Bihar Gramin Bank
Branch Name	BHADAUNI
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7541
Branch Address	BHADAUNI, Nawada, 805110
Contact Number	7541807541
City	Nawada
District	Nawada
Reason	NAWADA
Pincode	805110
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank, including its BHADAUNI branch, is the result of significant mergers aimed at strengthening rural banking services in the region. Previously, banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) served different parts of Bihar. These banks have since merged and now operate under the unified identity of Bihar Gramin Bank, sponsored by Punjab National Bank.

Due to these mergers, all branches of the erstwhile Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank now use a single, standardized IFSC code structure under Punjab National Bank. For the BHADAUNI branch, and indeed for all branches of Bihar Gramin Bank, the valid IFSC code for electronic transactions is PUNB0MBGB06. It is important to note that any old IFSC codes previously associated with UBGB or DBGB are no longer valid for fund transfers. Always use the current PUNB0MBGB06 code to ensure your transactions are processed correctly.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It is an eleven-character code used to identify all bank branches in India that participate in the electronic funds transfer system. This code is unique to each bank branch and is essential for sending or receiving money electronically.

The structure of an IFSC code is specific:

• The first four characters represent the bank’s name. For Bihar Gramin Bank, since it is sponsored by Punjab National Bank, the first four characters are PUNB.
• The fifth character is always a ‘0’ (zero). This is a control character reserved for future use.
• The last six characters uniquely identify the specific branch. In the case of PUNB0MBGB06, MBGB06 identifies the BHADAUNI branch.

How to Use an IFSC Code

When you need to send money electronically to a Bihar Gramin Bank account, you will need the IFSC code along with other details of the beneficiary. Here’s how it generally works for common transfer methods:

For NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service):

1. Log in to your online banking portal or mobile banking app: Access your bank account digitally.
2. Select the type of transfer: Choose NEFT, RTGS, or IMPS, depending on the amount and urgency of your transfer. IMPS is for immediate transfers, usually up to ₹5 lakh, available 24/7. NEFT processes transactions in batches, typically hourly. RTGS is for high-value transactions, usually ₹2 lakh and above, processed in real-time during banking hours.
3. Add a new beneficiary: If you haven’t transferred to this person before, you’ll need to add them as a new beneficiary.
4. Enter beneficiary details:
   • Beneficiary Name: The full name of the person or entity you are sending money to.
   • Beneficiary Account Number: The account number of the recipient at Bihar Gramin Bank.
   • Confirm Beneficiary Account Number: Re-enter the account number to ensure accuracy.
   • Beneficiary Bank Name: Bihar Gramin Bank.
   • Beneficiary Bank’s IFSC Code: Enter PUNB0MBGB06 for the BHADAUNI branch.
5. Enter the amount to transfer: Specify how much money you want to send.
6. Confirm and authorize the transaction: Review all details carefully before confirming. You may need to enter an OTP (One-Time Password) or transaction PIN to authorize the transfer.

Once confirmed, the funds will be transferred to the beneficiary’s account.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank branch, or the branch you are sending money to, offers several important benefits:

• Accurate Fund Transfers: It ensures that your money reaches the intended beneficiary’s specific bank branch without errors.
• Faster Processing: Correct IFSC codes allow electronic fund transfer systems (NEFT, RTGS, IMPS) to process transactions swiftly.
• Enhanced Security: By precisely identifying the destination branch, the IFSC code adds a layer of security, reducing the chances of misdirection or fraud.
• Facilitates Inter-bank Transactions: It is a critical component for seamless transactions between different banks across India.
• Standardization: The IFSC system provides a standardized method for identifying bank branches nationwide, making financial operations more efficient.

Contact Information

BHADAUNI Branch Contact:

• Phone Number: 7541807541
• Branch Address: BHADAUNI, Nawada, 805110

Bihar Gramin Bank Head Office:

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

Frequently Asked Questions (FAQs)

Q1: What is the full form of IFSC?
A: IFSC stands for Indian Financial System Code.

Q2: Is the 5th character of every IFSC code always zero?
A: Yes, the fifth character in every IFSC code is always ‘0’ (zero), reserved for future use.

Q3: Can I still use an old IFSC code for a Bihar Gramin Bank branch if it was part of Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank before the merger?
A: No, old IFSC codes from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) are no longer valid. You must use the new standardized IFSC code, such as PUNB0MBGB06, for all electronic transactions with Bihar Gramin Bank branches.

Q4: What information do I need to send money using NEFT, RTGS, or IMPS?
A: You will typically need the beneficiary’s full name, their bank account number, the beneficiary bank’s name (Bihar Gramin Bank), and the correct IFSC code for their specific branch (e.g., PUNB0MBGB06 for BHADAUNI).

Q5: Where can I find the IFSC code for a bank branch?
A: You can usually find the IFSC code on your cheque book, bank passbook, bank statements, or by visiting the official website of Bihar Gramin Bank or Punjab National Bank, which is the sponsor bank.