If you need to send or receive money to the Bihar Gramin Bank branch in SHEOSAGAR, Rohtas, Bihar, understanding its Indian Financial System Code (IFSC) is crucial. This unique code acts as a digital address, enabling smooth and secure electronic fund transfers like NEFT, RTGS, and IMPS. Knowing the correct IFSC code ensures your money reaches the right recipient without delays.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | SHEOSAGAR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7393 |
| Branch Address | SHEOSAGAR, Rohtas, 821111, 9771464393 |
| Contact Number | 9771464393 |
| City | Rohtas |
| District | Rohtas |
| Reason | SASARAM |
| Pincode | 821111 |
| State | Bihar |
Merger Update
Bihar Gramin Bank was formed by the merger of two important regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this merger, all branches now operate under the unified name of Bihar Gramin Bank. Their transactions are routed through their sponsor bank, Punjab National Bank.
For all fund transfers to any Bihar Gramin Bank branch, including SHEOSAGAR, the single, new IFSC code PUNB0MBGB06 must be used. It is very important to understand that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches have been revoked and are no longer valid for electronic transactions. Always use PUNB0MBGB06 to ensure your funds reach the correct account safely and promptly.
What is an IFSC Code?
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It uniquely identifies every bank branch in India participating in the NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service) networks.
The structure of the IFSC code is specific:
- The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsor bank of Bihar Gramin Bank.
- The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between the bank code and the branch code.
- The last six characters represent the specific branch code. In PUNB0MBGB06, “MBGB06” identifies the SHEOSAGAR branch of Bihar Gramin Bank.
This unique identification ensures that money is transferred to the correct bank and branch without any errors.
How to Use an IFSC Code
When you need to transfer funds electronically using NEFT, RTGS, or IMPS, the IFSC code is a critical piece of information. Here’s how you typically use it:
- Log in to your banking portal: Access your online banking account or mobile banking app.
- Select fund transfer: Choose the option for NEFT, RTGS, or IMPS transfer.
- Add new beneficiary: If you’re sending money to this account for the first time, you’ll need to add them as a new beneficiary.
- Enter beneficiary details: You will be prompted to enter the beneficiary’s name, account number, account type (savings or current), and the bank’s IFSC code. For the SHEOSAGAR branch of Bihar Gramin Bank, this would be PUNB0MBGB06.
- Verify bank and branch details: After entering the IFSC code, the system will usually auto-populate the bank name (Bihar Gramin Bank) and branch name (SHEOSAGAR), allowing you to confirm the details.
- Enter amount and purpose: Specify the amount you wish to transfer and a brief description for the transaction.
- Confirm and submit: Review all the details carefully before confirming and submitting your transfer.
Always double-check the IFSC code along with the account number to prevent any transfer errors.
Benefits of Knowing Your IFSC Code
Knowing the correct IFSC code for your bank branch, or for someone you’re sending money to, offers several key advantages:
- It ensures accurate and fast electronic fund transfers through NEFT, RTGS, and IMPS.
- It acts as a unique digital address, preventing your money from going to the wrong bank or branch.
- It is mandatory for online transactions, making it essential for modern banking.
- It simplifies the process of adding new beneficiaries for recurring payments.
- It provides peace of mind, knowing your financial transactions are secure and correctly routed.
Contact Information
Should you need to contact the SHEOSAGAR branch or the Bihar Gramin Bank head office, here are the relevant details:
- SHEOSAGAR Branch Phone Number: 9771464393
- SHEOSAGAR Branch Address: SHEOSAGAR, Rohtas, 821111, Bihar
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number (for general inquiries): 18001807777
Frequently Asked Questions
Q1: Is the old IFSC code for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) still valid for transfers?
A1: No. Following the merger, all old IFSC codes for UBGB and DBGB have been revoked. You must use the new, unified IFSC code PUNB0MBGB06 for all transactions to Bihar Gramin Bank branches, including SHEOSAGAR.
Q2: Can I use the IFSC code PUNB0MBGB06 for any Bihar Gramin Bank branch?
A2: No. While the initial part “PUNB0MBG” might be common for many Bihar Gramin Bank branches under Punjab National Bank, the last six characters are unique to each specific branch. PUNB0MBGB06 is specifically for the SHEOSAGAR branch. Always confirm the exact IFSC code for the specific branch you intend to send money to.
Q3: What happens if I enter an incorrect IFSC code during a transaction?
A3: If you enter an incorrect IFSC code, the transaction might fail immediately, or the funds could be delayed. In some cases, if the incorrect code belongs to another valid branch, the funds might even go to the wrong account. It is crucial to verify the IFSC code thoroughly before confirming any transfer.
Q4: What do NEFT, RTGS, and IMPS stand for?
A4: These are the main electronic fund transfer systems in India. NEFT stands for National Electronic Funds Transfer, RTGS stands for Real Time Gross Settlement, and IMPS stands for Immediate Payment Service.
Q5: Where can I find the IFSC code for other Bihar Gramin Bank branches?
A5: You can typically find the correct IFSC code on the bank’s official website, on your passbook or chequebook, or by contacting the bank directly. Always cross-reference the details to ensure accuracy.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.