Bihar Gramin Bank PHULWARI SHARIF IFSC Code

The PHULWARI SHARIF branch of Bihar Gramin Bank is an important banking point for residents and businesses in this area of Patna, Bihar. When you need to send or receive money electronically, such as through NEFT, RTGS, or IMPS, a specific code called the Indian Financial System Code (IFSC) is always required. This unique code ensures your funds go to the correct bank and branch without any issues, making your transactions smooth and secure.

Branch Details

Here are the key details for the Bihar Gramin Bank, PHULWARI SHARIF branch:

Bank Name	Bihar Gramin Bank
Branch Name	PHULWARI SHARIF
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7411
Branch Address	PHULWARI SHARIF, Patna, 801505
Contact Number	9771464411
City	Patna
District	Patna
Reason	PATNA
Pincode	801505
State	Bihar

Merger Update for Bihar Gramin Bank

It is important to note a significant change regarding Bihar Gramin Bank. This bank was formed from the merger of two older regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both UBGB and DBGB have now ceased to exist as separate entities. The new, unified bank is Bihar Gramin Bank, which operates under the sponsorship of Punjab National Bank (PNB).

Because of this merger, all previous IFSC codes belonging to Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank have been revoked. These old codes are no longer valid for any banking transactions. For all financial operations, including transfers to the PHULWARI SHARIF branch, you must use the new, consolidated IFSC code: PUNB0MBGB06. Using any old code will result in your transaction being rejected.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character code assigned by the Reserve Bank of India (RBI) to identify all bank branches involved in electronic funds transfer systems in India. Think of it as a unique digital address for each bank branch.

The 11 characters are structured in a specific way:

• The first four characters represent the bank’s name. For Bihar Gramin Bank, this is “PUNB” because it is sponsored by Punjab National Bank.
• The fifth character is always “0” (zero). This is kept as a control digit for future use.
• The last six characters identify the specific branch. In the case of PHULWARI SHARIF, these digits are “MBGB06”.

So, PUNB0MBGB06 clearly identifies the PHULWARI SHARIF branch of Bihar Gramin Bank for all electronic transactions.

How to Use an IFSC Code

You will need the IFSC code whenever you initiate an electronic funds transfer. Here’s how it generally works for common transfer types:

• For NEFT (National Electronic Funds Transfer): This system allows for batch transfers, meaning funds are processed at specific times throughout the day. When setting up a NEFT transfer, you’ll need the beneficiary’s name, account number, bank name, and their bank branch’s IFSC code (PUNB0MBGB06 for PHULWARI SHARIF).
• For RTGS (Real Time Gross Settlement): RTGS is used for large-value transfers, and transactions are processed individually as they occur. Similar to NEFT, you’ll enter the beneficiary’s name, account number, bank name, and the specific branch’s IFSC code.
• For IMPS (Immediate Payment Service): IMPS offers instant, 24/7 fund transfers, even on holidays. When using IMPS through mobile banking or UPI, you will typically need the beneficiary’s mobile number and MMID, or their account number and IFSC code. For the latter, you would again provide PUNB0MBGB06 for the PHULWARI SHARIF branch.

Always double-check the IFSC code, account number, and beneficiary name before confirming any transfer. An incorrect IFSC code might cause delays or, in rare cases, send money to the wrong account.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for Bihar Gramin Bank, PHULWARI SHARIF branch offers several practical benefits:

• Accurate Fund Transfers: It ensures your money reaches the exact intended bank branch, preventing errors and delays.
• Faster Transactions: Correctly using the IFSC code speeds up the processing of NEFT, RTGS, and IMPS transfers.
• Mandatory Requirement: IFSC is a compulsory detail for all major electronic fund transfer methods within India.
• Easy Identification: The code clearly identifies the bank and branch, making it simple for you and the banking system.
• Enhanced Security: By directing funds precisely, it adds a layer of security to your financial transactions.

Contact Information

If you need to get in touch with Bihar Gramin Bank:

• PHULWARI SHARIF Branch Phone Number: 9771464411
• PHULWARI SHARIF Branch Address: PHULWARI SHARIF, Patna, 801505
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (for general inquiries): 18001807777

Frequently Asked Questions (FAQs)

Q1: Is PUNB0MBGB06 the only valid IFSC code for Bihar Gramin Bank’s PHULWARI SHARIF branch?

Yes, PUNB0MBGB06 is the correct and only valid IFSC code for the Bihar Gramin Bank, PHULWARI SHARIF branch. Due to the merger, all old IFSC codes from Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer in use.

Q2: What happens if I use an old IFSC code for a transfer?

If you use an old, revoked IFSC code, your electronic fund transfer will most likely be rejected by the banking system. The money will not go through, and you will have to re-initiate the transaction with the correct IFSC code.

Q3: Can I find the IFSC code on my passbook or chequebook?

Yes, the IFSC code is usually printed on your bank passbook. For some banks, it might also be pre-printed on cheque leaves. However, given the recent merger, always verify the code, especially if your passbook or chequebook predates the merger, to ensure you are using PUNB0MBGB06.

Q4: Is the MICR code also necessary for online transfers?

The MICR (Magnetic Ink Character Recognition) code (800811002 for PHULWARI SHARIF) is primarily used for clearing physical cheques. While it’s an important branch identifier, it is generally not required for NEFT, RTGS, or IMPS online fund transfers. For online transfers, the IFSC code is the essential identifier.

Q5: Can I receive international transfers using this IFSC code?

The IFSC code is specifically for domestic electronic fund transfers within India. For international money transfers (SWIFT transfers), you would typically need a SWIFT/BIC code, which is a different identifier for international banking. Please contact the bank directly for details on receiving international remittances.