Bihar Gramin Bank KANKARBAGH IFSC Code

The Kankarbhag area in Patna, Bihar, is a bustling locality. For anyone needing to handle bank transactions here, understanding banking codes is crucial. When you need to transfer funds electronically, such as through NEFT, RTGS, or IMPS, the Indian Financial System Code (IFSC) for the Bihar Gramin Bank Kankarbhag branch is essential. This unique code makes sure your money goes to the correct bank and branch without errors.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	KANKARBAGH
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7321
Branch Address	KANKARBAGH, Patna, 800020, 9771464321
Contact Number	9771464321
City	Patna
District	Patna
Reason	PATNA
Pincode	800020
State	Bihar

Merger Update

Bihar Gramin Bank was formed through the merger of two older regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). After this merger, all branches of the newly formed Bihar Gramin Bank, including the Kankarbhag branch, now operate under a unified system. This means they use a single IFSC code format sponsored by Punjab National Bank. The specific IFSC code for the Kankarbhag branch is PUNB0MBGB06.

It’s very important to note that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are now revoked. These old codes are no longer valid for any electronic fund transfers. For any transaction involving Bihar Gramin Bank, only the new, updated IFSC code like PUNB0MBGB06 must be used to ensure your transfer is successful.

What is IFSC Code?

The IFSC Code, or Indian Financial System Code, is a unique 11-character alphanumeric code. It’s used to identify every bank branch in India participating in electronic funds transfers. This code is crucial for making sure that money sent through systems like NEFT, RTGS, and IMPS reaches the exact intended branch and account.

The structure of an IFSC code is specific:

• The first four characters represent the bank name. In the case of PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between bank codes and branch codes.
• The last six characters identify the specific branch. For the Kankarbhag branch, “MBGB06” is its unique branch identifier within the Bihar Gramin Bank system, under the Punjab National Bank sponsorship.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you’re making an electronic fund transfer. Whether you’re sending money via NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the steps are generally similar:

1. Log in to your bank’s online banking portal or mobile app. You’ll usually find options for “Fund Transfer,” “Send Money,” or “Payments.”
2. Select the type of transfer you want to make. Choose between NEFT, RTGS, or IMPS based on your urgency and the amount.
3. Add the beneficiary’s details. If you haven’t transferred money to this person or business before, you’ll need to add them as a new beneficiary.
4. Enter the required information. This typically includes:
   • The beneficiary’s full name.
   • The beneficiary’s account number (you’ll usually need to enter it twice to confirm).
   • The beneficiary’s bank name (e.g., Bihar Gramin Bank).
   • The beneficiary’s branch name (e.g., KANKARBAGH).
   • The IFSC code for the beneficiary’s branch (PUNB0MBGB06 for Kankarbhag).
5. Enter the amount you wish to transfer.
6. Confirm the details. Always double-check all the information, especially the account number and IFSC code, before proceeding. Incorrect details can lead to delays or funds being sent to the wrong account.
7. Authorize the transaction. This usually involves an OTP (One-Time Password) sent to your registered mobile number or a transaction password.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for the branch of someone you need to pay, offers several key advantages:

• Accurate Fund Transfers: It ensures your money goes to the exact bank and branch you intend, preventing errors and delays.
• Faster Processing: For NEFT, RTGS, and IMPS, the IFSC code is a critical component that helps the system process your transaction quickly and efficiently.
• Security: By identifying the precise branch, it adds a layer of security to electronic transactions, reducing the risk of fraudulent transfers.
• Mandatory for Electronic Payments: You cannot complete an NEFT, RTGS, or IMPS transaction without providing the correct IFSC code.
• Branch Identification: The IFSC code helps you quickly confirm the specific branch details of a bank, which is useful when dealing with multiple branches of the same bank.

Contact Section

For direct inquiries or assistance related to the Kankarbhag branch of Bihar Gramin Bank, you can use the following details:

• Branch Phone Number: 9771464321
• Branch Address: KANKARBAGH, Patna, 800020, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

What is the IFSC code for Bihar Gramin Bank Kankarbhag branch?

The IFSC code for the Bihar Gramin Bank Kankarbhag branch is PUNB0MBGB06.

Why does the IFSC code start with “PUNB” instead of something related to “Bihar Gramin Bank”?

The IFSC code starts with “PUNB” because Punjab National Bank is the sponsor bank for Bihar Gramin Bank. Following the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank, all Bihar Gramin Bank branches now use IFSC codes prefixed by their sponsor bank’s identifier.

Can I still use an old Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) IFSC code for a transfer to Bihar Gramin Bank?

No, you cannot. All old UBGB and DBGB IFSC codes have been revoked. You must use the new, updated IFSC code, such as PUNB0MBGB06, for any electronic transfers to Bihar Gramin Bank branches.

What is the MICR code for the Bihar Gramin Bank Kankarbhag branch?

The MICR (Magnetic Ink Character Recognition) code for the Bihar Gramin Bank Kankarbhag branch is 800811002. This code is primarily used for processing paper-based checks.

How can I verify the correct IFSC code for any Bihar Gramin Bank branch?

You can verify the correct IFSC code by checking the bank’s official website, your passbook, or contacting the bank directly. You can also find it on your cheque book or by using reliable online banking portals.