Bihar Gramin Bank SIRDALA IFSC Code

The Bihar Gramin Bank branch located in SIRDALA, Nawada, is an important financial hub for the local community. For any modern banking transaction involving fund transfers, understanding and using the Indian Financial System Code (IFSC) is essential. This unique 11-character code plays a critical role in 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 beneficiary account quickly and securely.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	SIRDALA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7302
Branch Address	SIRDALA, Nawada, 805127, 9771464302
Contact Number	9771464302
City	Nawada
District	Nawada
Reason	NAWADA
Pincode	805127
State	Bihar

Merger Update

Bihar Gramin Bank is a Regional Rural Bank (RRB) formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This merger consolidated their operations under a single entity: Bihar Gramin Bank. Importantly, Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank. As a result of this merger and sponsorship, all branches of Bihar Gramin Bank, including the SIRDALA branch, now use a unified IFSC code structure that begins with "PUNB0".

This means that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid for transactions. For any fund transfers to or from the Bihar Gramin Bank SIRDALA branch, you must use the new, consolidated IFSC code: PUNB0MBGB06. Using an old or incorrect IFSC code will lead to transaction failures or delays.

What is an IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify all bank branches participating in electronic fund transfers in India. It is unique to each bank branch and helps in directing money to the precise location.

The structure of the IFSC code is straightforward:

• The first four characters represent the bank name. For the Bihar Gramin Bank, as it is sponsored by Punjab National Bank, its IFSC codes begin with PUNB.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish bank codes from branch codes.
• The last six characters uniquely identify the specific branch. For the SIRDALA branch of Bihar Gramin Bank, these characters are MBGB06.

So, for the SIRDALA branch, the complete IFSC code PUNB0MBGB06 clearly identifies it as a branch of Bihar Gramin Bank (under PNB sponsorship) and pinpoints the exact SIRDALA location.

How to Use the IFSC Code

Using the IFSC code is a standard step when initiating any electronic fund transfer. Here’s how it works for common transaction types:

1. For NEFT (National Electronic Funds Transfer): This system processes transactions in batches, typically every 30 minutes during banking hours. When sending money via NEFT, you will need the beneficiary’s name, their account number, the account type (savings or current), and the correct IFSC code of their bank branch. For the SIRDALA branch, you would enter PUNB0MBGB06.
2. For RTGS (Real Time Gross Settlement): RTGS handles large-value transactions in real-time. Similar to NEFT, you must provide the beneficiary’s name, account number, account type, and the accurate IFSC code (PUNB0MBGB06 for SIRDALA). RTGS transactions are processed individually and immediately.
3. For IMPS (Immediate Payment Service): IMPS offers instant, 24/7 fund transfers, even on holidays. While sometimes you can use a mobile number and MMID, if you’re transferring using account details, the beneficiary’s account number and the IFSC code (PUNB0MBGB06) are mandatory.

Always double-check the IFSC code, account number, and beneficiary name before confirming any transaction. An incorrect detail can lead to funds being sent to the wrong person or transaction failure.

Benefits of Knowing the IFSC Code

Having the correct IFSC code at hand offers several important benefits:

• Accurate Fund Transfers: It ensures your money goes to the exact branch and account you intend, preventing errors and misdirected funds.
• Faster Processing: The unique identification helps the banking system process electronic transfers quickly and efficiently.
• Nationwide Connectivity: It allows you to send or receive money from any bank branch in India that participates in NEFT, RTGS, or IMPS.
• Security: By uniquely identifying branches, the IFSC adds an extra layer of security to digital transactions.
• Mandatory for Digital Payments: It is a required piece of information for initiating most online and mobile banking fund transfers.

Contact Information

For inquiries related to the SIRDALA branch or general banking services, you can use the following contact details:

• Branch Phone Number (SIRDALA): 9771464302
• Branch Address (SIRDALA): SIRDALA, Nawada, 805127, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Bihar Gramin Bank): 18001807777

FAQs

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

Q1: What is Bihar Gramin Bank?
A1: Bihar Gramin Bank is a Regional Rural Bank (RRB) in India. It was formed by the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank and is sponsored by Punjab National Bank.

Q2: Why does the SIRDALA branch’s IFSC code start with "PUNB"?
A2: The "PUNB" prefix indicates that Punjab National Bank is the sponsor bank for Bihar Gramin Bank. All branches of Bihar Gramin Bank use an IFSC code structure that reflects this sponsorship.

Q3: Can I still use an old IFSC code for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?
A3: No. Following the merger, all old IFSC codes for UBGB and DBGB have been revoked. You must use the new, consolidated IFSC code (e.g., PUNB0MBGB06 for SIRDALA) for all transactions with Bihar Gramin Bank branches.

Q4: What is the difference between NEFT, RTGS, and IMPS?
A4: NEFT processes transactions in batches, usually every 30 minutes, for various amounts. RTGS is for large-value transactions that are settled individually and immediately. IMPS offers instant, 24/7 fund transfers for smaller amounts, including on holidays.

Q5: Is the IFSC code unique for every bank branch?
A5: Yes, the IFSC code is unique for each individual bank branch in India that participates in electronic fund transfers. This uniqueness ensures that your funds are directed precisely to the intended recipient’s branch.