Bihar Gramin Bank BIKRAMGANJ IFSC Code

The Bihar Gramin Bank branch located in BIKRAMGANJ, a town in the Rohtas district of Bihar, serves as a vital financial hub for the local community. When you need to send or receive money electronically, understanding the Indian Financial System Code (IFSC) for this branch is crucial. This unique 11-character code is essential for various digital fund transfers, including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service), ensuring your money reaches the correct bank and branch without delays.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	BIKRAMGANJ
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7348
Branch Address	BIKRAMGANJ, Rohtas, 802212, 9771464348
Contact Number	9771464348
City	Rohtas
District	Rohtas
Pincode	802212
State	Bihar

Merger Update

The banking landscape for Regional Rural Banks (RRBs) in India has seen significant consolidation over the years. Bihar Gramin Bank, like many other RRBs, has been part of these strategic mergers. The IFSC code PUNB0MBGB06 is now used for branches such as BIKRAMGANJ, signifying its connection with Madhya Bihar Gramin Bank, which is sponsored by Punjab National Bank.

Historically, various regional rural banks, including Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), underwent mergers to streamline operations. While this specific branch falls under the umbrella of what is now recognized as Madhya Bihar Gramin Bank, it’s important to understand that such consolidations have led to unified IFSC codes like PUNB0MBGB06 under Punjab National Bank’s sponsorship. Therefore, any old IFSC codes from previous entities associated with this branch are no longer valid. For all financial transactions, only PUNB0MBGB06 should be used.

What is IFSC Code?

An IFSC code is an 11-character alphanumeric code uniquely identifying each bank branch in India. It is assigned by the Reserve Bank of India (RBI). Think of it as a digital address for your bank branch.

• The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsor bank.
• The fifth character is always a “0” (zero). This is kept as a control character for future use.
• The last six characters identify the specific branch. In this case, “MBGB06” identifies the Madhya Bihar Gramin Bank and its specific branch.

How to Use IFSC Code

Using the IFSC code is simple when you’re making digital fund transfers. Here’s a general guide:

1. Log in: Access your bank’s net banking portal or mobile banking app.
2. Select Transfer Type: Choose the type of transfer you want to make – NEFT, RTGS, or IMPS.
3. Add Beneficiary: If you’re sending money to a new recipient, you’ll need to add them as a beneficiary.
4. Enter Details: You will typically need to provide the following information for the beneficiary:
   • Beneficiary Account Number
   • Beneficiary Name
   • Beneficiary Bank Name (e.g., Madhya Bihar Gramin Bank)
   • Beneficiary Branch Name (e.g., BIKRAMGANJ)
   • The correct IFSC Code (PUNB0MBGB06)
5. Confirm and Transfer: Review all the details carefully to avoid errors, then confirm the transaction.

Benefits of Knowing IFSC Code

Having the correct IFSC code handy offers several advantages:

• Accurate Transfers: Ensures your money goes to the right bank and branch, preventing failed transactions or transfers to incorrect accounts.
• Faster Processing: Correct IFSC codes help banks process NEFT, RTGS, and IMPS transactions smoothly and quickly.
• Secure Transactions: It adds a layer of security, as the system verifies the bank and branch details using this code.
• Essential for Online Payments: Many online payment platforms and merchant services require an IFSC for direct bank transfers.
• Easy for Bill Payments: Useful for setting up recurring payments or direct debits for utilities and other services.

Contact Information

For any banking-related queries or assistance regarding the BIKRAMGANJ branch, you can use the following contact details:

• Branch Phone Number: 9771464348
• Branch Address: BIKRAMGANJ, Rohtas, 802212
• Head Office Address (Madhya Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Punjab National Bank Sponsored): 18001807777

Frequently Asked Questions (FAQs)

Q1: Is the IFSC code PUNB0MBGB06 valid for all Bihar Gramin Bank branches?
A: No, the IFSC code PUNB0MBGB06 is specific to the BIKRAMGANJ branch of Madhya Bihar Gramin Bank. Each branch has its unique IFSC code. You should always confirm the exact IFSC code for the specific branch you are dealing with.

Q2: What is the difference between IFSC and MICR codes?
A: The IFSC code (Indian Financial System Code) is an 11-character alphanumeric code used primarily for online fund transfers (NEFT, RTGS, IMPS). The MICR code (Magnetic Ink Character Recognition) is a 9-digit numerical code printed on cheque leaves. It is mainly used for processing cheques and clearing purposes. Both codes are unique identifiers for bank branches.

Q3: Can I find the IFSC code on my passbook or chequebook?
A: Yes, you can typically find the IFSC code printed on your bank passbook. It is also usually present on the top of a cheque leaf, next to the bank’s name and branch address. Always double-check this against a reliable source like the bank’s official website or the RBI website if you are unsure.

Q4: What happens if I use an incorrect IFSC code for a transaction?
A: If you use an incorrect IFSC code, your transaction will likely fail. The system will detect a mismatch between the bank/branch details and the provided IFSC code. This will usually result in the funds being returned to your account. In rare cases, if the incorrect IFSC code corresponds to another valid branch and the account number matches, the funds might go to the wrong recipient, making recovery difficult.

Q5: Is Bihar Gramin Bank still operating as an independent bank?
A: Bihar Gramin Bank has been part of a consolidation process. It now operates under the umbrella of Madhya Bihar Gramin Bank, which is sponsored by Punjab National Bank. So, while the original name might still be recognized locally, the banking operations and IFSC codes are now integrated under the larger Madhya Bihar Gramin Bank structure.