Bihar Gramin Bank Purnia City IFSC Code

The Bihar Gramin Bank branch located in Purnia City, Purnia District, Bihar, serves as a crucial point for banking services in the region. Understanding its Indian Financial System Code (IFSC) is very important for anyone wishing to make digital money transfers. The IFSC is a unique code that identifies each bank branch involved in online transactions. It is essential for facilitating secure and efficient fund transfers through systems like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, these modern banking services cannot be completed.

Branch Details

Here are the specific details for the Bihar Gramin Bank, Purnia City branch:

Bank Name	Bihar Gramin Bank
Branch Name	Purnia City
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100862
Branch Address	Purnia City, PURNIA, 854302, 9297954164
Contact Number	9297954164
City	PURNIA
District	PURNIA
Region	PURNEA
Pincode	854302
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank is a Regional Rural Bank (RRB) that operates under the sponsorship of Punjab National Bank (PNB). Over time, several regional rural banks in Bihar have undergone mergers to form the current Bihar Gramin Bank structure. Specifically, institutions like the erstwhile Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were part of these consolidation efforts. As a result of these mergers, a unified system was established, and all branches now operate under a single, consistent IFSC code format, reflecting PNB’s sponsorship.

For the Bihar Gramin Bank Purnia City branch, the valid IFSC code is PUNB0MBGB06. This code signifies its connection to Punjab National Bank (PUNB) and the merged entity (MBGB often refers to Madhya Bihar Gramin Bank, which was one of the banks that merged to form Bihar Gramin Bank). It is important to know that any old IFSC codes previously associated with constituent banks like UBGB or DBGB are now revoked and are no longer valid for transactions. You must use only the current IFSC code, PUNB0MBGB06, for all your digital fund transfers to and from this branch.

What is an IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is an 11-character alphanumeric code uniquely identifying every bank branch in India. This code is crucial for online fund transfers. Let’s break down its structure with an example using PUNB0MBGB06:

• The first four characters represent the bank. In this case, PUNB stands for Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific branch. Here, MBGB06 points to the Purnia City branch of Bihar Gramin Bank.

This standardized format ensures that funds are directed to the correct bank and branch without errors, making online transactions reliable.

How to Use the IFSC Code

Using the IFSC code is straightforward when you want to send money digitally. Here are the steps for common transfer methods like NEFT, RTGS, and IMPS:

1. Log In: Access your bank’s net banking portal or mobile banking app.
2. Select Transfer Option: Go to the ‘Fund Transfer’ or ‘Payments’ section. Choose between NEFT, RTGS, or IMPS, depending on the amount and urgency of your transfer.
3. Add Beneficiary: If you are sending money to this person or entity for the first time, you will need to add them as a beneficiary. You will enter the recipient’s name, their bank account number, and the correct IFSC code (PUNB0MBGB06 for the Purnia City branch).
4. Enter Amount: Specify the amount of money you wish to send.
5. Review and Confirm: Double-check all details, especially the account number and IFSC code, to avoid mistakes. Then, confirm the transaction. You might need to enter a PIN or OTP (One Time Password) to authorize the payment.

Once confirmed, the money will be processed and transferred to the recipient’s account.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code offers several advantages for bank account holders:

• It enables fast and secure online fund transfers via NEFT, RTGS, and IMPS.
• It ensures that your money reaches the correct beneficiary bank and specific branch.
• It is mandatory for all inter-bank electronic transactions within India.
• It helps in reducing manual errors that can occur during bank-to-bank transfers.
• It provides a standardized method for identifying any bank branch in the country.

Contact Information

If you need to get in touch with the Bihar Gramin Bank Purnia City branch or its head office, here are the details:

• Branch Phone Number: 9297954164
• Branch Address: Purnia City, PURNIA, 854302
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

What does IFSC stand for?

IFSC stands for Indian Financial System Code. It’s a unique identifier for every bank branch in India, used for online money transfers.

Is the IFSC code mandatory for all bank transfers?

Yes, the IFSC code is mandatory for all electronic fund transfers (NEFT, RTGS, IMPS) between different banks in India. It is not needed for transfers within the same bank or for cash deposits/withdrawals.

How can I find the IFSC code for another bank branch?

You can find the IFSC code on your bank’s chequebook, passbook, or statement. Most banks also provide an IFSC lookup tool on their official website. You can also find it through third-party financial websites.

What happens if I use a wrong IFSC code?

If you use an incorrect IFSC code, your transaction will likely fail and be returned to your account. In rare cases, if the wrong IFSC code corresponds to a valid branch but a different account, the funds might go to the wrong recipient. Always double-check the IFSC code.

Is PUNB0MBGB06 the only valid IFSC for Bihar Gramin Bank Purnia City?

Yes, PUNB0MBGB06 is the current and only valid IFSC code for the Bihar Gramin Bank Purnia City branch. Due to bank mergers, any older IFSC codes previously associated with this branch or its predecessor banks are no longer active.