Bihar Gramin Bank Patarghat IFSC Code

The Bihar Gramin Bank branch located in Patarghat, within the Saharsa district of Bihar, plays a vital role in local financial transactions. For anyone needing to send or receive money electronically, understanding the Indian Financial System Code (IFSC) for this specific branch is crucial. The IFSC code acts like a unique digital address for bank branches, allowing for smooth and accurate online fund transfers through systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Patarghat
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100728
Branch Address	Patarghat, SAHARSA, 852219, 9297954265
Contact Number	9297954265
City	SAHARSA
District	SAHARSA
State	Bihar
Pincode	852219

Merger Update

Bihar Gramin Bank, which includes the Patarghat branch, is a Regional Rural Bank sponsored by Punjab National Bank (PNB). This bank was formed through the merger of various regional rural banks in Bihar, including entities like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) among others. Due to its sponsorship by Punjab National Bank, all its IFSC codes now begin with “PUNB”. This change standardizes the banking identifier across its network.

It is important to know that any old IFSC codes that might have been used by the merging banks are no longer valid for any electronic transactions. For the Patarghat branch, and indeed for all Bihar Gramin Bank branches, you must use the new and current IFSC code, PUNB0MBGB06. Using an outdated code will cause your fund transfer to fail.

What is an IFSC Code?

The IFSC Code, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online money transfers in India. Think of it as a specific address for a bank branch in the digital world. The structure of the code is easy to understand:

• The first four characters represent the bank name. For the Patarghat branch’s IFSC, PUNB stands for Punjab National Bank, the sponsoring bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific bank branch. In PUNB0MBGB06, the “MBGB06” part uniquely points to the Patarghat branch.

This standardized format helps ensure that funds are directed to the correct bank and branch without errors.

How to Use an IFSC Code

Using the IFSC code for electronic fund transfers like NEFT, RTGS, or IMPS is a straightforward process through your online banking portal or mobile banking app. Here are the general steps:

1. Log in: Access your internet banking account or mobile banking app with your credentials.
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 someone for the first time, you’ll need to add them as a beneficiary. This usually involves entering their name, account number, and the recipient bank’s IFSC code (in this case, PUNB0MBGB06 for Bihar Gramin Bank, Patarghat).
4. Enter Details: Input the amount you wish to transfer. Double-check the beneficiary’s name, account number, and the IFSC code to ensure accuracy.
5. Confirm: Review all the details carefully before confirming the transaction. You might receive an OTP (One-Time Password) on your registered mobile number for final verification.

Once confirmed, the funds will be transferred to the recipient’s account.

Benefits of Knowing Your IFSC Code

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

• Enables Electronic Transfers: It is essential for initiating NEFT, RTGS, and IMPS transactions, allowing for quick and secure digital money movement.
• Ensures Accuracy: The unique code helps prevent errors in transferring funds by precisely identifying the correct recipient branch.
• Facilitates National Transfers: With an IFSC, you can send and receive money from any bank branch across India.
• Reduces Manual Work: It removes the need for physical checks or visits to the bank for inter-bank transfers.
• Supports Online Transactions: Many online payment platforms and e-commerce sites require an IFSC for refunds or direct bank transfers.

Contact Information

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

• Patarghat Branch Phone Number: 9297954265
• Patarghat Branch Address: Patarghat, SAHARSA, 852219, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

Frequently Asked Questions

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

Q2: Is the old IFSC code for Bihar Gramin Bank still valid after the merger?
A2: No, any old IFSC codes previously associated with the merging regional rural banks are no longer valid. You must use the new IFSC code, which starts with “PUNB”, such as PUNB0MBGB06 for the Patarghat branch.

Q3: What does “PUNB” in the IFSC code PUNB0MBGB06 signify?
A3: “PUNB” indicates that Bihar Gramin Bank is sponsored by Punjab National Bank. All its current IFSC codes begin with this prefix.

Q4: Can I use this IFSC code for both NEFT and RTGS transactions?
A4: Yes, the IFSC code PUNB0MBGB06 is valid for all types of electronic fund transfers, including NEFT, RTGS, and IMPS, to the Bihar Gramin Bank, Patarghat branch.

Q5: What is the full address of the Bihar Gramin Bank Patarghat branch?
A5: The full address is Patarghat, SAHARSA, 852219, Bihar. The contact number is 9297954265.