Bihar Gramin Bank Ganeshpur IFSC Code

Bihar Gramin Bank Ganeshpur IFSC Code

When you need to send or receive money electronically in Ganeshpur, Purnia, Bihar, understanding the Indian Financial System Code (IFSC) is crucial. This unique code acts like a digital address for bank branches, making sure your funds go to the right place. It’s essential for common online transactions such as National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, your money transfer simply won’t go through.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Ganeshpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108098
Branch Address	Ganeshpur, PURNIA, 854301, 9297954145
Contact Number	9297954145
City	PURNIA
District	PURNIA
Reason	PURNEA
Pincode	854301
State	Bihar

Merger Update

Bihar Gramin Bank is a regional rural bank that was formed from the merger of two significant banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This merger means that all branches, including Ganeshpur, now operate under the unified structure of Bihar Gramin Bank, sponsored by Punjab National Bank.

Due to this consolidation, the old IFSC codes previously used by Uttar Bihar Gramin Bank (UBGB) branches are no longer valid for any transactions. It’s very important to note that for all branches of Bihar Gramin Bank, including Ganeshpur, the only valid IFSC code to use for any fund transfer is PUNB0MBGB06. Using any old or revoked IFSC code will cause your transaction to fail. Always ensure you are using this updated code for smooth transfers.

What is IFSC Code?

The IFSC stands for Indian Financial System Code. It’s a unique 11-character alphanumeric code used to identify specific bank branches in India. This code is crucial for online money transfers because it helps direct your funds to the exact branch you intend.

The structure of an IFSC code is always the same:

• The first four characters represent the bank’s name. For Bihar Gramin Bank, since it’s sponsored by Punjab National Bank, the code starts with PUNB.
• The fifth character is always a ‘zero’ (0). This character is reserved for future use.
• The last six characters identify the specific branch. In the case of Ganeshpur, these are MBGB06.

So, for the Ganeshpur branch of Bihar Gramin Bank, the complete IFSC code is PUNB0MBGB06.

How to Use IFSC Code

When you’re making an online money transfer through NEFT, RTGS, or IMPS, you’ll need to provide the beneficiary’s (the person receiving the money) IFSC code. Here’s a general step-by-step guide:

1. Log in to your net banking account or mobile banking app: Access your online banking portal.
2. Go to the Funds Transfer section: Look for options like “Transfer Funds,” “NEFT,” “RTGS,” or “IMPS.”
3. Add a new beneficiary or select an existing one: If it’s a new person, you’ll need to add their details.
4. Enter beneficiary details:
   • Beneficiary’s Name
   • Beneficiary’s Account Number (you might need to enter it twice to confirm)
   • Beneficiary’s Bank Name (e.g., Bihar Gramin Bank)
   • Beneficiary’s Branch Name (e.g., Ganeshpur)
   • The correct IFSC Code: For Ganeshpur, this is PUNB0MBGB06.
5. Specify the amount: Enter how much money you want to send.
6. Review and confirm: Double-check all details before confirming the transfer. This helps prevent errors.

For example, if you’re sending money to a friend with an account at Bihar Gramin Bank, Ganeshpur, you would enter “PUNB0MBGB06” in the IFSC field.

Benefits

Knowing and using the correct IFSC code offers several key advantages for your financial transactions:

• Secure Transfers: It ensures that your money is routed to the exact intended bank and branch, minimizing errors and misdirection.
• Faster Processing: Automated systems use the IFSC to quickly process NEFT, RTGS, and IMPS transactions, speeding up the time it takes for money to reach the recipient.
• Unique Identification: Each branch has its own unique code, making it easy to distinguish between different branches of the same bank.
• Reduced Manual Errors: By identifying the branch digitally, the chances of human error in handling paper transfers are significantly reduced.
• Facilitates Online Banking: It’s a fundamental requirement for all forms of digital fund transfers, making online banking convenient and reliable.

Contact Section

For any inquiries related to the Ganeshpur branch or Bihar Gramin Bank, you can use the following contact information:

• Ganeshpur Branch Phone Number: 9297954145
• Ganeshpur Branch Address: Ganeshpur, PURNIA, 854301
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Q1: What does IFSC stand for?
A1: IFSC stands for Indian Financial System Code. It’s an 11-character code used to identify specific bank branches for electronic fund transfers.

Q2: Is the Ganeshpur branch part of Bihar Gramin Bank?
A2: Yes, the Ganeshpur branch is a part of Bihar Gramin Bank. It operates under the unified structure formed after the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank.

Q3: Can I still use old UBGB or DBGB IFSC codes for transfers to Bihar Gramin Bank branches?
A3: No, old IFSC codes from Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) are no longer valid. You must use the new unified IFSC code, which for Ganeshpur is PUNB0MBGB06, for all transactions to Bihar Gramin Bank branches.

Q4: Why is the IFSC code important for online transfers like NEFT and RTGS?
A4: The IFSC code acts as a unique identifier for a bank branch. It ensures that when you send money electronically, it reaches the correct recipient bank and specific branch, preventing misdirection of funds and enabling fast, secure processing.

Q5: Where can I find the correct IFSC code for my bank branch?
A5: You can typically find your bank branch’s IFSC code on your chequebook, bank passbook, your bank’s official website, or through your bank’s mobile app. For Bihar Gramin Bank, Ganeshpur, the code is PUNB0MBGB06.