Bihar Gramin Bank BABHNAUL IFSC Code

The Bihar Gramin Bank branch in Babhnaul, a locality within Rohtas district in Bihar, serves as an important financial hub for the local community. For anyone needing to send or receive money electronically, understanding the Indian Financial System Code (IFSC) for this branch is crucial. This unique code is essential for all major online fund transfer methods, including National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, these digital transactions cannot be completed, ensuring that funds are routed accurately to the intended bank and branch.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	BABHNAUL
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7505
Branch Address	BABHNAUL, Rohtas, 802211, 7541807505
Contact Number	7541807505
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	802211
State	Bihar

Merger Update

Bihar Gramin Bank was formed as a result of the merger between Uttar Bihar Gramin Bank (UBGB) and Madhya Bihar Gramin Bank (MBGB). If your branch, Babhnaul, was previously operating under Uttar Bihar Gramin Bank, please note that all old UBGB IFSC codes have been revoked. Following the merger, Bihar Gramin Bank now operates under the sponsorship of Punjab National Bank. Therefore, for all transactions to the Babhnaul branch, the new and only valid IFSC code is PUNB0MBGB06.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code that uniquely identifies every bank branch participating in online fund transfers within India. This code is critical for ensuring that money is sent to the correct recipient bank and branch. Here’s how the 11 characters are structured:

• The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank.
• The fifth character is always ‘0’ (zero). This character is reserved for future use and acts as a control digit.
• The last six characters identify the specific branch. In this case, “MBGB06” identifies the Babhnaul branch within the Bihar Gramin Bank network under Punjab National Bank’s sponsorship.

Each branch has its own unique IFSC, making it a precise identifier for electronic transactions.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you’re transferring funds electronically via NEFT, RTGS, or IMPS. Here are the general steps:

1. Log in to your net banking account or mobile banking app: Access your bank’s online platform.
2. Select the fund transfer option: Choose between NEFT, RTGS, or IMPS, depending on the amount and urgency of your transfer.
3. Add a new beneficiary: If you haven’t transferred money to this person or entity before, you’ll need to add them as a beneficiary.
4. Enter beneficiary details:
   • Beneficiary Name (the account holder’s full name).
   • Beneficiary Account Number (the account number of the Babhnaul branch recipient).
   • IFSC Code: Carefully enter PUNB0MBGB06 for the Bihar Gramin Bank, Babhnaul branch. Double-check for accuracy.
   • Confirm Account Number (enter it again to ensure no typing errors).
5. Verify details: After adding the beneficiary, your bank might take a few minutes or hours to activate them.
6. Initiate transfer: Once the beneficiary is active, select them, enter the amount you wish to transfer, and confirm the transaction.

Always verify the IFSC and account number before confirming any transaction to avoid sending money to the wrong account.

Benefits of Knowing Your IFSC Code

Understanding and having the correct IFSC code offers several key advantages for financial operations:

• Enables Electronic Fund Transfers: It is mandatory for NEFT, RTGS, and IMPS, allowing for quick and efficient digital money movement.
• Ensures Accuracy: The unique code guarantees that funds reach the precise bank branch, minimizing the risk of misdirected transfers.
• Saves Time: Electronic transfers are much faster than traditional methods like cheques or demand drafts.
• Convenience: You can transfer money from anywhere, at any time, using net banking or mobile apps.
• Secure Transactions: IFSC codes are part of a robust system designed to secure financial transactions.
• Facilitates Business Operations: Businesses rely heavily on IFSC for timely payments to vendors, salaries to employees, and receiving payments from clients.

Contact Information

For assistance with the Bihar Gramin Bank, Babhnaul branch, or other inquiries, you can use the following contact details:

• Branch Phone Number: 7541807505
• Branch Address: BABHNAUL, Rohtas, 802211, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: Is the IFSC code PUNB0MBGB06 valid for all Bihar Gramin Bank branches?
A: No, PUNB0MBGB06 is specific to the BABHNAUL branch. Each Bihar Gramin Bank branch has its own unique IFSC code. Always confirm the correct IFSC for the specific branch you intend to transact with.

Q2: What happens if I use an incorrect IFSC code for a fund transfer?
A: If the IFSC code is incorrect, your fund transfer will likely fail and the amount will be returned to your account. In some rare cases, if the incorrect IFSC code corresponds to another valid branch and account number, your funds could be sent to the wrong recipient. Always double-check the IFSC.

Q3: Can I find the IFSC code on my passbook or chequebook?
A: Yes, the IFSC code is typically printed on your bank passbook and on the top left corner of your cheque leaves. You can also find it on your bank’s official website or through reliable online banking portals.

Q4: Is the MICR code the same as the IFSC code?
A: No, the MICR (Magnetic Ink Character Recognition) code is different from the IFSC code. The MICR code is a 9-digit numerical code used primarily for processing cheques and is found at the bottom of cheque leaves. The IFSC code is an 11-character alphanumeric code used for electronic fund transfers.

Q5: What is the significance of ‘0’ as the fifth character in the IFSC code?
A: The fifth character, always ‘0’ (zero), is reserved for future use. It acts as a control digit and is kept constant to allow for potential expansion or changes in the IFSC structure if needed by the Reserve Bank of India (RBI).