Bihar Gramin Bank MURADABAD IFSC Code

The Bihar Gramin Bank branch in Muradabad, located in the Rohtas district of Bihar, serves as a crucial point for banking services in the region. When you need to transfer funds electronically, whether through National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS), an Indian Financial System Code (IFSC) is absolutely essential. This unique code ensures that your money reaches the correct bank and specific branch without any errors, making your transactions secure and efficient.

Branch Details

Here are the specific details for the Bihar Gramin Bank branch in Muradabad:

Bank Name	Bihar Gramin Bank
Branch Name	MURADABAD
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7377
Branch Address	MURADABAD, Rohtas, 821113
Contact Number	9771464377
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	821113
State	Bihar

Merger Update

For those familiar with regional rural banks in Bihar, it’s important to note a significant merger. Both Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged to form the new entity known as Bihar Gramin Bank. This new bank operates under the sponsorship of Punjab National Bank (PNB).

As a result of this merger, all previous IFSC codes belonging to Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank branches have been revoked and are no longer valid for any transactions. For the Muradabad branch of Bihar Gramin Bank, and indeed for all branches of the newly formed Bihar Gramin Bank, the only valid IFSC code to use for any electronic fund transfers is PUNB0MBGB06. Always use this specific code to ensure your transactions are processed correctly.

What is an IFSC Code?

The IFSC Code, or Indian Financial System Code, is an 11-character alphanumeric code that uniquely identifies every bank branch participating in online money transfers. Think of it like a digital address for a specific bank branch.

Here’s how the IFSC code is structured:

• The first four characters represent the bank code. For Bihar Gramin Bank, which is sponsored by Punjab National Bank, this part is PUNB.
• The fifth character is always a zero (0). This character is kept for future use.
• The last six characters identify the specific branch. For the Muradabad branch, these characters are MBGB06.

So, the full IFSC for Bihar Gramin Bank, Muradabad branch, becomes PUNB0MBGB06.

How to Use an IFSC Code

Using an IFSC code is a straightforward process when you’re transferring money electronically through NEFT, RTGS, or IMPS. Here are the steps involved:

1. Log In: Access your net banking portal or mobile banking application using your credentials.
2. Select Transfer Type: Choose the type of fund transfer you wish to make (NEFT, RTGS, or IMPS).
3. Add Beneficiary: If you haven’t already, add the recipient as a beneficiary. You’ll need their full name, account number, and the type of account they hold (e.g., Savings, Current).
4. Enter IFSC Code: Carefully input the correct IFSC code for the beneficiary’s bank branch. In this case, for Bihar Gramin Bank, Muradabad, it’s PUNB0MBGB06. Double-check this code to avoid errors.
5. Enter Amount: Specify the amount of money you wish to transfer.
6. Review and Confirm: Review all the details you’ve entered, especially the account number and IFSC code, to ensure accuracy. Once satisfied, confirm the transaction.

Following these steps will help ensure your funds reach the intended recipient without any hitches.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for any branch you’re sending money to, offers several important benefits:

• Accurate Fund Transfers: It ensures that your money is routed to the exact bank and branch you intend, minimizing the risk of funds going to the wrong account.
• Essential for Electronic Transactions: IFSC is a mandatory requirement for all NEFT, RTGS, and IMPS transactions, allowing for seamless electronic money movement.
• Faster Processing: By accurately identifying the destination branch, IFSC codes help in faster processing and settlement of your financial transfers.
• Error Reduction: A correct IFSC code significantly reduces the chances of transaction failures or delays due to incorrect routing information.
• Secure Transactions: It adds a layer of security by making sure that funds are transferred to verified and specific banking locations.

Contact Information

For any inquiries or assistance related to Bihar Gramin Bank, Muradabad branch, you can use the following contact details:

• Branch Phone Number: 9771464377
• Branch Address: MURADABAD, Rohtas, 821113
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about the Bihar Gramin Bank Muradabad branch and its IFSC code:

Q1: What is the IFSC code for Bihar Gramin Bank, Muradabad branch?
A1: The IFSC code for Bihar Gramin Bank, Muradabad branch, is PUNB0MBGB06.

Q2: Is Bihar Gramin Bank a new bank, or was it formed from a merger?
A2: Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). It is sponsored by Punjab National Bank.

Q3: Can I still use an old IFSC code from Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank for transactions?
A3: No, all old IFSC codes belonging to UBGB and DBGB have been revoked. You must use the new IFSC code PUNB0MBGB06 for any electronic transactions with the Bihar Gramin Bank Muradabad branch.

Q4: How do I use the IFSC code when sending money online?
A4: When initiating an NEFT, RTGS, or IMPS transaction through net banking or mobile banking, you will need to enter the beneficiary’s name, account number, and the correct IFSC code (PUNB0MBGB06 for this branch) in the designated fields.

Q5: What happens if I enter an incorrect IFSC code during a transaction?
A5: Entering an incorrect IFSC code can lead to your transaction being rejected, delayed, or in some rare cases, money being sent to an unintended recipient if the incorrect code corresponds to another valid branch. Always double-check the IFSC code before confirming any transfer.