Bihar Gramin Bank Sour Bazar IFSC Code

When you need to send or receive money electronically in India, especially to or from the Bihar Gramin Bank branch at Sour Bazar, Saharsa, Bihar, understanding the Indian Financial System Code (IFSC) is crucial. This unique code acts like a digital address for bank branches, ensuring your funds go to the correct destination. Whether you’re making a transfer through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the IFSC code is a mandatory detail that ensures a smooth and secure transaction.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Sour Bazar
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100688
Branch Address	Sour Bazar, SAHARSA, 852113
Contact Number	9297954287
City	SAHARSA
District	SAHARSA
Region	SAHARSA
Pincode	852113
State	Bihar

Merger Update

The Bihar Gramin Bank, which includes the Sour Bazar branch, is a regional rural bank. It was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both these banks have now been integrated into the single entity, Bihar Gramin Bank. This merged bank operates under the sponsorship of Punjab National Bank (PNB).

Due to this merger and the sponsorship by Punjab National Bank, all transactions for Bihar Gramin Bank branches, including Sour Bazar, now use a unified IFSC code structure beginning with “PUNB0.” Specifically, the IFSC code for the Sour Bazar branch is PUNB0MBGB06.

It is important to note that any old IFSC codes previously used for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are now revoked and no longer valid for transactions. Always use the new, consolidated IFSC code PUNB0MBGB06 for all your fund transfers to or from the Sour Bazar branch of Bihar Gramin Bank.

What is IFSC Code?

The IFSC Code, or Indian Financial System Code, is an 11-character alpha-numeric code. It uniquely identifies every bank branch in India participating in the NEFT, RTGS, and IMPS systems. This code helps the banking system direct funds to the exact branch where the recipient holds an account.

The structure of the IFSC code is divided into three parts:

• The first four characters represent the bank’s name. For Bihar Gramin Bank (under Punjab National Bank), this is “PUNB”.
• The fifth character is always a “0” (zero). This character is reserved for future use.
• The last six characters uniquely identify the specific bank branch. For the Sour Bazar branch, these are “MBGB06”.

So, for Bihar Gramin Bank, Sour Bazar branch, the full IFSC is PUNB0MBGB06.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you’re making online fund transfers. Here’s how it works for common transfer methods:

• For NEFT (National Electronic Funds Transfer):

  This method allows you to transfer money from one bank account to another across India. NEFT transactions are processed in batches throughout the day. When initiating an NEFT transfer through your bank’s online portal or mobile app, you will need to provide the beneficiary’s name, account number, bank name (Bihar Gramin Bank), and the correct IFSC code (PUNB0MBGB06) for the Sour Bazar branch.

• For RTGS (Real Time Gross Settlement):

  RTGS is designed for large value transactions, offering immediate and continuous settlement. Like NEFT, you will need the beneficiary’s details: name, account number, bank name, and the Sour Bazar branch’s IFSC code (PUNB0MBGB06). Because RTGS settles transactions individually and in real-time, accuracy in providing the IFSC is critical for successful transfer.

• For IMPS (Immediate Payment Service):

  IMPS provides instant, 24/7 interbank electronic fund transfers through mobile phones and internet banking. It’s often used for smaller, urgent transfers. When using IMPS, you will typically need the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their account number and the IFSC code (PUNB0MBGB06) for the Sour Bazar branch, depending on the specific IMPS service offered by your bank.

Always double-check the IFSC code along with the beneficiary’s account number before confirming any transaction to avoid errors and ensure your money reaches the right person.

Benefits

Knowing the correct IFSC code for your bank branch offers several key benefits:

• It enables smooth and secure online fund transfers via NEFT, RTGS, and IMPS.
• It helps prevent errors in transactions by ensuring money reaches the precise branch.
• It simplifies the process of sending and receiving payments across different banks.
• It is essential for various financial activities, including online bill payments and e-commerce transactions, where bank account details are required.
• It provides a unique identification for each branch, making it easier to locate specific bank branches digitally.

Contact Section

For any queries related to the Sour Bazar branch of Bihar Gramin Bank, you can use the following contact details:

Branch Phone Number: 9297954287

Branch Address: Sour Bazar, SAHARSA, 852113

Head Office Address (Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll-Free Number (Punjab National Bank sponsor): 18001807777

FAQs

Here are some common questions about the Bihar Gramin Bank Sour Bazar IFSC code:

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

Q2: Is the old IFSC code for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) still valid for this branch?
A2: No, old IFSC codes for UBGB or DBGB are no longer valid. Due to the merger, you must use the new consolidated IFSC code PUNB0MBGB06 for all transactions involving the Bihar Gramin Bank Sour Bazar branch.

Q3: Why is the IFSC code important for online banking?
A3: The IFSC code is crucial for online banking as it uniquely identifies the recipient’s bank branch. This ensures that your electronic fund transfers (NEFT, RTGS, IMPS) are accurately directed to the correct branch, preventing delays or misdirection of funds.

Q4: How can I confirm the correct IFSC code for any bank branch?
A4: You can confirm the correct IFSC code by checking your bank passbook or cheque book. Many banks also provide an IFSC lookup tool on their official website or mobile banking apps. You can also contact the bank’s customer service or visit the branch directly.

Q5: What is the MICR code used for at the Sour Bazar branch?
A5: The MICR (Magnetic Ink Character Recognition) code for the Sour Bazar branch is 800811002. This code is primarily used for processing physical cheques. It helps in faster and error-free processing of cheques by magnetic readers, especially during cheque clearing.