Bihar Gramin Bank Telwa IFSC Code

Welcome to the guide for Bihar Gramin Bank’s Telwa branch. This article focuses on important banking information for customers and those needing to send money to this specific branch, located in Saharsa, Bihar. Understanding the Indian Financial System Code (IFSC) is key for any electronic fund transfer, whether you’re using NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service). This code ensures your money reaches the correct bank and branch without any issues.

Bihar Gramin Bank Telwa Branch Details

Here are the essential details for the Bihar Gramin Bank branch located in Telwa, Saharsa:

Bank Name	Bihar Gramin Bank
Branch Name	Telwa
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108104
Branch Address	Telwa, SAHARSA, 852131, 9297954294
Contact Number	9297954294
City	SAHARSA
District	SAHARSA
Region	SAHARSA
Pincode	852131
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank was formed from the merger of two older regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This consolidation aimed to streamline operations and provide better services. As a result of this merger, all branches of the former UBGB and DBGB now operate under the unified Bihar Gramin Bank. Importantly, all branches, including the Telwa branch, now use a single, standardized IFSC code: PUNB0MBGB06. This code is issued and governed by Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.

It is crucial to understand that any old IFSC codes previously used by Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are now obsolete. They have been revoked and will no longer work for any financial transactions. To ensure your funds are transferred correctly, always use the new and valid IFSC code, PUNB0MBGB06, for all transactions involving Bihar Gramin Bank branches, including Telwa.

What is an IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alpha-numeric code. It uniquely identifies every bank branch participating in online fund transfers within India. Think of it as a specific address for a bank branch. The structure of the IFSC code is consistent and easy to understand:

• The first four characters represent the bank name. For Bihar Gramin Bank, this is “PUNB” because Punjab National Bank is its sponsor bank.
• The fifth character is always a zero (0). This character is reserved for future use and acts as a control digit.
• The last six characters identify the specific branch. For the Telwa branch, these are “MBGB06”.

So, for PUNB0MBGB06:

• PUNB: Denotes Punjab National Bank (the sponsor bank).
• 0: The control digit.
• MBGB06: The unique code for the Telwa branch of Bihar Gramin Bank.

How to Use the IFSC Code

The IFSC code is essential for making various types of electronic fund transfers. Here’s how you would typically use it:

1. For NEFT (National Electronic Funds Transfer):
   • Log in to your internet banking portal or mobile banking app.
   • Select the NEFT option for fund transfer.
   • Add a new beneficiary. You will need the beneficiary’s name, account number, account type, and the IFSC code (PUNB0MBGB06 for Telwa branch).
   • Enter the amount you wish to send and confirm the transaction.
2. For RTGS (Real Time Gross Settlement):
   • RTGS is for high-value transactions, typically ₹2 lakh and above.
   • The process is similar to NEFT. You will log in, select RTGS, add the beneficiary details including the IFSC code (PUNB0MBGB06), and enter the amount.
   • RTGS transactions are processed individually and in real time.
3. For IMPS (Immediate Payment Service):
   • IMPS allows instant fund transfers 24/7, even on holidays.
   • You can use your mobile banking app or SMS banking.
   • When sending money via IMPS, you will need the beneficiary’s account number and the IFSC code (PUNB0MBGB06). Sometimes, you might also use a Mobile Money Identifier (MMID) and mobile number.

Always double-check the IFSC code and the beneficiary’s account number before confirming any transaction to avoid sending money to the wrong account.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank or the recipient’s bank offers several advantages:

• It ensures your funds are transferred to the precise bank branch you intend.
• It is mandatory for all major electronic fund transfer systems like NEFT, RTGS, and IMPS.
• It helps prevent errors and delays in transactions, saving you time and potential hassle.
• It confirms the authenticity and existence of a particular bank branch within the Indian banking system.
• It streamlines the process of adding beneficiaries for future transactions.

Contact Information

If you need to get in touch with Bihar Gramin Bank or its Telwa branch, here are the details:

• Telwa Branch Phone Number: 9297954294
• Telwa Branch Address: Telwa, SAHARSA, 852131, 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 (FAQs)

What is the IFSC code for Bihar Gramin Bank Telwa branch?

The IFSC code for Bihar Gramin Bank’s Telwa branch is PUNB0MBGB06.

Is PUNB0MBGB06 valid for all Bihar Gramin Bank branches?

Yes, PUNB0MBGB06 is the unified IFSC code used for all branches of Bihar Gramin Bank, including Telwa, after the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank.

What does the “PUNB” in the IFSC code stand for?

“PUNB” refers to Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank. The first four characters of an IFSC code identify the sponsoring bank.

Can I still use the old IFSC codes of Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?

No, the old IFSC codes for Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) are no longer valid. You must use the new unified IFSC code, PUNB0MBGB06, for all transactions with Bihar Gramin Bank branches.

What is the MICR code for Telwa branch?

The MICR (Magnetic Ink Character Recognition) code for Bihar Gramin Bank Telwa branch is 800811002. This code is mainly used for processing cheques.