Bihar Gramin Bank Bangarhatta IFSC Code

If you’re looking to manage your funds for the Bihar Gramin Bank’s Bangarhatta branch, located in Samastipur, Bihar, understanding the IFSC code is essential. This unique code acts like a digital address for bank branches across India. It plays a critical role when you transfer money electronically using services like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service). Without the correct IFSC, your financial transactions cannot be completed accurately or efficiently.

Branch Details

Here are the key details for the Bihar Gramin Bank, Bangarhatta branch:

Bank Name	Bihar Gramin Bank
Branch Name	Bangarhatta
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3927
Branch Address	Bangarhatta, Samastipur, 848209, 9955997833
Contact Number	9955997833
City	Samastipur
District	Samastipur
Reason	SAMASTIPUR
Pincode	848209
State	Bihar

Merger Update

It’s important to know that Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. Earlier, there were two separate rural banks in Bihar: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have merged to form the current Bihar Gramin Bank.

Due to this merger, all branches, including Bangarhatta, now operate under a single, unified IFSC code structure. The official and valid IFSC code for Bihar Gramin Bank’s Bangarhatta branch is PUNB0MBGB06. If you previously had an IFSC code belonging to Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank for any branch, please be aware that those old codes have been revoked and are no longer valid for transactions. Always use the new, updated IFSC code for any financial transfers.

What is IFSC Code?

The IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies every bank branch participating in online money transfers. Understanding its structure can be helpful:

• The first four characters represent the bank’s name. In the case of PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between different parts of the code.
• The last six characters uniquely identify the specific bank branch. For the Bangarhatta branch, “MBGB06” is its unique branch identifier within the Bihar Gramin Bank system under the Punjab National Bank’s sponsorship.

This unique code ensures that your money reaches the correct branch and account, even if there are multiple branches of the same bank.

How to Use IFSC Code

You will need the IFSC code whenever you want to send money electronically to another bank account. Here’s how you typically use it for NEFT, RTGS, and IMPS:

• For NEFT (National Electronic Funds Transfer): When you initiate an NEFT transfer through your bank’s online portal or mobile app, you’ll be asked to enter the beneficiary’s bank name, account number, account holder’s name, and the IFSC code. For example, if you’re sending money to the Bangarhatta branch, you would input PUNB0MBGB06.
• For RTGS (Real Time Gross Settlement): RTGS is used for high-value transactions and works similarly to NEFT in terms of details required. You will provide the beneficiary’s bank name, account number, and the specific IFSC code (PUNB0MBGB06 for Bangarhatta) to ensure the funds are settled in real-time.
• For IMPS (Immediate Payment Service): IMPS allows for instant money transfers 24/7. When using IMPS, you’ll typically need the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their account number and IFSC code. If using the latter, PUNB0MBGB06 would be entered for transfers to the Bangarhatta branch.

Always double-check the IFSC code, along with the account number, before confirming any transaction to avoid errors.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code at hand offers several important benefits for financial transactions:

• Accuracy: It ensures that your money is sent to the precise bank branch you intend, preventing funds from going to the wrong recipient.
• Speed: Correct IFSC codes help electronic transfers (NEFT, RTGS, IMPS) process quickly and efficiently, as there are no delays caused by incorrect routing information.
• Security: The unique identification helps in tracking transactions and adds a layer of security to your financial dealings.
• Convenience: Knowing the IFSC code makes it easy to set up new beneficiaries for future transfers, streamlining your banking tasks.
• Mandatory for Transfers: It is a compulsory piece of information for all interbank electronic fund transfers within India.

Contact Information

If you need to get in touch with the bank, here are the relevant contact details:

• Bangarhatta Branch Phone Number: 9955997833
• Bangarhatta Branch Address: Bangarhatta, Samastipur, 848209, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

FAQs

Here are some frequently asked questions about the IFSC code for Bihar Gramin Bank:

Q1: Why is the IFSC code for Bihar Gramin Bank starting with “PUNB” instead of “BGRB”?
A1: Bihar Gramin Bank is a Regional Rural Bank (RRB) that is sponsored by Punjab National Bank. All RRBs use the IFSC prefix of their sponsoring bank. Therefore, “PUNB” indicates its affiliation with Punjab National Bank, not that it is a direct branch of PNB.

Q2: Can I still use an old IFSC code from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) for transfers?
A2: No, you cannot. Following the merger that formed Bihar Gramin Bank, all old IFSC codes belonging to UBGB and DBGB have been revoked. You must use the new, unified IFSC code, such as PUNB0MBGB06 for the Bangarhatta branch, for all electronic transactions.

Q3: What happens if I enter the wrong IFSC code during a transaction?
A3: If you enter an incorrect IFSC code, your transaction will likely fail. The banking system relies on this code to route funds correctly. In some cases, if the wrong code happens to belong to another valid branch, your money could be sent to the wrong account, making recovery difficult. Always verify the IFSC code carefully.

Q4: Is the IFSC code unique for every single bank branch?
A4: Yes, absolutely. Each bank branch participating in electronic funds transfers has its own unique 11-character IFSC code. This ensures that money is accurately transferred to the intended recipient branch.

Q5: How can I find the IFSC code for another Bihar Gramin Bank branch?
A5: You can find the IFSC code for other branches on the bank’s official website, through your bank’s mobile app or net banking portal, or by contacting the bank directly. Always cross-reference the information to ensure accuracy.