Bihar Gramin Bank SURAJPURA KARJAN IFSC Code

If you’re looking to transfer funds to or from the Bihar Gramin Bank branch at Surajpura Karjan in Patna, understanding the Indian Financial System Code (IFSC) is key. This unique 11-character code is essential for all electronic money transfers within India, including NEFT, RTGS, and IMPS. It acts like a digital address, making sure your money goes to the correct bank and branch quickly and securely.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	SURAJPURA KARJAN
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7422
Branch Address	SURAJPURA KARJAN, Patna, 803211, 9771464422
Contact Number	9771464422
City	Patna
District	Patna
Reason	PATNA
Pincode	803211
State	Bihar

Merger Update

The Bihar Gramin Bank, including its Surajpura Karjan branch, has undergone a significant merger. It is now part of *Madhya Bihar Gramin Bank*. This merger means that Madhya Bihar Gramin Bank operates under the sponsorship of Punjab National Bank. As a result, all IFSC codes for branches formerly under Bihar Gramin Bank, and now under Madhya Bihar Gramin Bank, begin with “PUNB0” and include “MBGB” to reflect this.

For the Surajpura Karjan branch, the valid IFSC code is PUNB0MBGB06. It is crucial to use this specific code for any electronic fund transfers. Any older IFSC codes previously associated with Bihar Gramin Bank are no longer valid for transactions. Always ensure you use the updated code to avoid delays or failures in your money transfers.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code that uniquely identifies every bank branch in India participating in electronic funds transfer. This code is critical for ensuring that your money reaches the correct destination.

Here’s how the 11 characters are structured:

• First 4 characters: These represent the bank name. For example, “PUNB” in PUNB0MBGB06 stands for Punjab National Bank, the sponsoring bank.
• Fifth character: This character is always a zero (0). It is reserved for future use and acts as a control character.
• Last 6 characters: These denote the specific branch code. In “PUNB0MBGB06”, “MBGB06” identifies the particular branch of Madhya Bihar Gramin Bank.

This unique structure allows the banking system to pinpoint the exact branch for any electronic transaction.

How to Use an IFSC Code

You will need the IFSC code when setting up an electronic fund transfer through services like NEFT, RTGS, or IMPS. Here’s a general guide:

For NEFT (National Electronic Funds Transfer)

1. Log in to your bank’s online banking portal or mobile app.
2. Navigate to the “Fund Transfer” or “Payments” section.
3. Select “NEFT” as the transfer type.
4. Add a new beneficiary. You will need the beneficiary’s name, bank account number, and the IFSC code (PUNB0MBGB06 for Surajpura Karjan branch).
5. Enter the amount you wish to transfer.
6. Review the details and confirm the transaction. The funds will be processed in batches during banking hours.

For RTGS (Real Time Gross Settlement)

1. Access your bank’s online banking portal or mobile app.
2. Go to the “Fund Transfer” or “Payments” section.
3. Choose “RTGS” for large value transfers (minimum ₹2,00,000).
4. Add the beneficiary details, including their name, bank account number, and the correct IFSC code (PUNB0MBGB06).
5. Input the transfer amount.
6. Verify all information carefully before confirming. RTGS transactions are processed individually and immediately.

For IMPS (Immediate Payment Service)

1. Open your bank’s mobile banking app.
2. Select the “IMPS” option.
3. Choose to transfer using “Account Number + IFSC”.
4. Enter the beneficiary’s bank account number and the IFSC code (PUNB0MBGB06).
5. Input the amount to be transferred.
6. Confirm the details. IMPS offers instant 24/7 transfers, even on holidays.

Always double-check the IFSC code and account number before confirming any transaction to prevent errors.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or the branch you are transferring funds to, offers several advantages:

• Accurate Fund Transfers: Ensures your money reaches the precise bank and branch, minimizing the risk of funds being misdirected.
• Faster Transactions: Essential for enabling quick electronic transfers via NEFT, RTGS, and IMPS, saving time compared to traditional methods.
• Enhanced Security: The unique code adds a layer of security by verifying the destination of funds.
• Convenience: Facilitates hassle-free online and mobile banking transactions from anywhere, at any time.
• Mandatory for Electronic Payments: It is a compulsory requirement for almost all electronic inter-bank fund transfers in India.

Contact Information

For inquiries related to the Surajpura Karjan branch:

• Branch Phone Number: 9771464422
• Branch Address: SURAJPURA KARJAN, Patna, 803211, Bihar

For general inquiries or to reach the head office of Madhya Bihar Gramin Bank:

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

Frequently Asked Questions

Q1: Is the IFSC code PUNB0MBGB06 only for the Surajpura Karjan branch?
A1: Yes, PUNB0MBGB06 is the specific IFSC code for the Madhya Bihar Gramin Bank’s Surajpura Karjan branch in Patna.

Q2: What happens if I use an old IFSC code for Bihar Gramin Bank?
A2: If you use an outdated or incorrect IFSC code, your electronic fund transfer (NEFT, RTGS, IMPS) will likely fail, and the money will be returned to your account. Always use the current code, PUNB0MBGB06.

Q3: Can I find the IFSC code on my bank passbook or chequebook?
A3: Yes, the IFSC code is usually printed on your bank passbook and on the top left corner of your chequebook leaf. However, due to the merger, it is always best to verify the current code online or with the bank directly.

Q4: Is the MICR code also important for online transfers?
A4: While the IFSC code is mandatory for NEFT, RTGS, and IMPS, the MICR (Magnetic Ink Character Recognition) code is primarily used for clearing physical cheques. You typically don’t need the MICR code for electronic fund transfers.

Q5: Who sponsors Madhya Bihar Gramin Bank?
A5: Madhya Bihar Gramin Bank is sponsored by Punjab National Bank. This is reflected in the first four characters (“PUNB”) of its IFSC codes.