Bihar Gramin Bank KAWAI SIMARI IFSC Code

This article provides detailed information about the Bihar Gramin Bank branch located in KAWAI SIMARI, Rohtas, Bihar. Knowing the correct Indian Financial System Code (IFSC) is very important. This unique code is essential for transferring money between banks using electronic systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, your money transfers will not go through.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	KAWAI SIMARI
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7365
Branch Address	KAWAI SIMARI, Rohtas, 802211, 9771464365
Contact Number	9771464365
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	802211
State	Bihar

Merger Update

Previously, customers in Bihar might have dealt with Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB). Both these banks have undergone a merger to form the new Bihar Gramin Bank. Following this, Bihar Gramin Bank now operates under the sponsorship of Punjab National Bank. As a result, all branches, including KAWAI SIMARI, now use a unified IFSC code that begins with “PUNB”. The current valid IFSC code for Bihar Gramin Bank, KAWAI SIMARI branch is PUNB0MBGB06. It is crucial to note that any old IFSC codes belonging to UBGB or DBGB are no longer valid for transactions. Always use the new code, PUNB0MBGB06, for all your fund transfers to this branch.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It uniquely identifies every bank branch in India participating in the NEFT, RTGS, and IMPS systems. This code is structured in a specific way:

• The first four characters represent the bank name. For example, “PUNB” in PUNB0MBGB06 stands for Punjab National Bank, the sponsoring bank.
• The fifth character is always a ‘0’ (zero). This is kept as a control character for future use.
• The last six characters uniquely identify the specific branch. In PUNB0MBGB06, “MBGB06” refers to the KAWAI SIMARI branch of Bihar Gramin Bank.

This unique structure ensures that money is sent to the correct bank and specific branch without error.

How to Use IFSC Code

When you need to transfer funds electronically using NEFT, RTGS, or IMPS, the IFSC code is a mandatory detail. Here are the typical steps:

1. Log in to Net Banking or Mobile Banking: Access your bank’s online platform or mobile application.
2. Select Fund Transfer: Choose the option for transferring funds, usually labeled “NEFT,” “RTGS,” or “IMPS.”
3. Add New Beneficiary: If you are sending money to this person or entity for the first time, you will need to add them as a beneficiary.
4. Enter Beneficiary Details: You will be prompted to enter several details, which include:
   • Beneficiary’s Account Number
   • Confirm Beneficiary’s Account Number
   • Beneficiary’s Name
   • The correct IFSC Code (e.g., PUNB0MBGB06 for KAWAI SIMARI branch)
   • Beneficiary’s Bank Name (Bihar Gramin Bank)
5. Verify and Confirm: Double-check all the entered details, especially the account number and IFSC code, to avoid errors.
6. Enter Amount and Transfer: Input the amount you wish to transfer and confirm the transaction.

For cash deposits or other services at the branch, the IFSC code is generally not required, but it’s good to have for reference.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code for a bank branch offers several advantages:

• Accurate Fund Transfers: Ensures that your electronic money transfers reach the intended recipient’s bank and branch without mistakes.
• Faster Processing: Correct IFSC codes help speed up the processing of NEFT and RTGS transactions, as the system can quickly route funds.
• Unique Identification: Acts as a unique digital address for each bank branch, eliminating confusion.
• Security: Reduces the risk of fraud or funds being sent to the wrong account due to incorrect branch identification.
• Convenience: Facilitates smooth online banking and mobile banking transactions.

Contact Information

Bihar Gramin Bank – KAWAI SIMARI Branch:

• Branch Phone Number: 9771464365
• Branch Address: KAWAI SIMARI, Rohtas, 802211, Bihar

Bihar Gramin Bank – Head Office:

• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Q1: What is the IFSC code for Bihar Gramin Bank, KAWAI SIMARI branch?

A1: The IFSC code for Bihar Gramin Bank, KAWAI SIMARI branch is PUNB0MBGB06.

Q2: Can I use an old IFSC code for Bihar Gramin Bank for my transactions?

A2: No, you should not use any old IFSC codes. Following mergers, only the new IFSC code, PUNB0MBGB06, is valid for this branch for all electronic fund transfers.

Q3: Why is the 5th character of the IFSC code always zero?

A3: The fifth character is reserved as a ‘0’ (zero) for future use. This allows for potential expansion or changes in the IFSC code structure if needed by the Reserve Bank of India.

Q4: What is the difference between NEFT, RTGS, and IMPS?

A4: NEFT (National Electronic Funds Transfer) processes transactions in batches, typically hourly. RTGS (Real-Time Gross Settlement) processes transactions individually and continuously, usually for larger amounts, offering near-instant settlement. IMPS (Immediate Payment Service) provides instant, 24/7 fund transfers, even on holidays, suitable for smaller and urgent transfers.

Q5: How can I confirm the correct IFSC code if I am unsure?

A5: You can confirm the correct IFSC code by checking your bank’s official website, your cheque book, or contacting the specific bank branch directly. Reliable third-party financial portals may also provide this information.