Bihar Gramin Bank Garhbanaili IFSC Code

This article discusses the Indian Financial System Code (IFSC) for the Bihar Gramin Bank branch located in Garhbanaili, Purnia, Bihar. When you need to transfer money electronically within India, whether through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the IFSC code is a crucial piece of information. It acts like a unique address for each bank branch, ensuring your funds reach the correct recipient’s account quickly and safely. Without the correct IFSC code, your electronic money transfer cannot be processed.

Bihar Gramin Bank Garhbanaili Branch Details

Here are the specific details for the Bihar Gramin Bank branch in Garhbanaili:

Bank Name	Bihar Gramin Bank
Branch Name	Garhbanaili
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100713
Branch Address	Garhbanaili, PURNIA, 854325, 9297954144
Contact Number	9297954144
City	PURNIA
District	PURNIA
Reason	PURNEA
Pincode	854325
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank was formed from the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This merger was a key step to streamline banking operations and services in Bihar.

Following this merger, all branches that previously belonged to UBGB or DBGB now operate under the name Bihar Gramin Bank. The bank is sponsored by Punjab National Bank (PNB). As a result, all banking transactions for Bihar Gramin Bank now use a standardized IFSC code format that begins with PUNB.

The IFSC code for the Garhbanaili branch is PUNB0MBGB06. It is important to know that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid. For any electronic fund transfers to or from a Bihar Gramin Bank account, including the Garhbanaili branch, you must use the new and valid IFSC code PUNB0MBGB06.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches participating in online money transfers in India. The Reserve Bank of India (RBI) assigns these codes to ensure that funds are directed to the correct bank and specific branch.

The structure of an IFSC code is standard across all banks:

• The first four characters represent the bank’s name. For Bihar Gramin Bank, sponsored by Punjab National Bank, this is 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 identify the specific branch. For the Garhbanaili branch, these are MBGB06.

So, for PUNB0MBGB06:

• PUNB: Punjab National Bank (sponsoring bank)
• 0: Reserved character
• MBGB06: Garhbanaili branch code

How to Use an IFSC Code

You will need the IFSC code when setting up electronic fund transfers like NEFT, RTGS, or IMPS. Here’s a simple guide on how to use it:

1. Log in to your online banking or mobile banking app: Access your bank’s digital platform.
2. Select the fund transfer option: Look for NEFT, RTGS, or IMPS.
3. Add a new beneficiary (recipient): If you are sending money to someone for the first time, you will need to add their details.
4. Enter beneficiary details:
   • Beneficiary’s Name
   • Beneficiary’s Bank Account Number (you might need to enter it twice for confirmation)
   • Beneficiary’s Bank Name (e.g., Bihar Gramin Bank)
   • Beneficiary’s Branch Name (e.g., Garhbanaili)
   • The specific IFSC Code for that branch (e.g., PUNB0MBGB06)
5. Enter the amount: Specify how much money you want to send.
6. Confirm transaction: Review all details before confirming the transfer.

Always double-check the IFSC code and account number to avoid sending money to the wrong person or bank.

Benefits of Knowing Your IFSC Code

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

• Facilitates quick transfers: It ensures that electronic fund transfers like NEFT, RTGS, and IMPS are processed smoothly and without delays.
• Ensures accuracy: The unique code prevents errors by directing funds to the exact intended branch, reducing the risk of transactions failing or going to the wrong account.
• Enhances security: By using a standardized system, the RBI and banks maintain a secure framework for all digital money transfers.
• Required for various services: Beyond fund transfers, you might need the IFSC code for tasks like linking your Aadhaar card to your bank account, setting up auto-debits, or for various government schemes.
• Easy to find: IFSC codes are printed on cheque books, available on bank websites, and can be found through online search tools or by contacting the bank directly.

Contact Information

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

• Garhbanaili Branch Phone Number: 9297954144
• Garhbanaili Branch Address: Garhbanaili, PURNIA, 854325, BIHAR
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Customer Service Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: Is Bihar Gramin Bank the same as Punjab National Bank?

No, Bihar Gramin Bank is a Regional Rural Bank (RRB). It is sponsored by Punjab National Bank (PNB), which means PNB holds a significant share and provides management support. However, they are separate entities with their own operations, though they share an IFSC code format starting with “PUNB”.

Q2: Where can I find the IFSC code for my Bihar Gramin Bank account?

The IFSC code is usually printed on your bank’s cheque book. You can also find it on your bank passbook, your monthly bank statements, or by logging into your online banking portal. Additionally, the bank’s official website or a quick call to customer service can provide the code.

Q3: What is the difference between IFSC and MICR codes?

An IFSC (Indian Financial System Code) is an 11-character code used for electronic fund transfers (NEFT, RTGS, IMPS) to identify a specific bank branch. A MICR (Magnetic Ink Character Recognition) code is a 9-digit numerical code printed on cheques, primarily used for processing physical cheques. The MICR code helps in faster processing of cheques and authenticating them.

Q4: What happens if I use an incorrect IFSC code for a transfer?

If you enter an incorrect IFSC code, your electronic fund transfer will most likely fail. The banking system will detect that the branch code does not match the bank or account number and will reject the transaction. The money will typically be returned to your account within a few hours or days. However, always ensure accuracy to avoid delays and potential issues.

Q5: Is the IFSC code the same for all branches of Bihar Gramin Bank?

No, the first four characters (PUNB) and the fifth character (0) are the same for all Bihar Gramin Bank branches under Punjab National Bank. However, the last six characters are unique to each individual branch. For example, Garhbanaili branch has PUNB0MBGB06, while another branch would have a different last six characters.