Bihar Gramin Bank Belamegh Chandchaur IFSC Code

Welcome to the Bihar Gramin Bank branch located in Belamegh Chandchaur, Samastipur, Bihar. Understanding your bank’s Indian Financial System Code (IFSC) is very important for today’s digital banking. This unique code acts like a digital address, ensuring your money reaches the right account during online transfers. Whether you are sending funds through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the correct IFSC code is essential for successful and secure transactions.

Branch Details

Here are the key details for the Bihar Gramin Bank branch in Belamegh Chandchaur:

Bank Name	Bihar Gramin Bank
Branch Name	Belamegh Chandchaur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3903
Branch Address	Belamegh Chandchaur, Samastipur, 848114
Contact Number	9955997818
City	Samastipur
District	Samastipur
Reason	SAMASTIPUR
Pincode	848114
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank has a significant history of consolidation. Originally, two major regional rural banks, Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), served different regions of Bihar. These two banks have since merged to form the single entity known today as Bihar Gramin Bank.

Following this merger, Bihar Gramin Bank operates under the sponsorship of Punjab National Bank (PNB). This means that all its IFSC codes are now structured to reflect PNB as the sponsor bank. For the Belamegh Chandchaur branch, and indeed for all Bihar Gramin Bank branches, the IFSC codes now begin with “PUNB0MBGB”. The “PUNB” part identifies Punjab National Bank, the sponsor bank. “0” is always the fifth character, and “MBGB” indicates Bihar Gramin Bank, followed by the specific branch code.

It is crucial to understand that any old IFSC codes previously used for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) branches are no longer valid. For all financial transactions involving Bihar Gramin Bank, including the Belamegh Chandchaur branch, you must use the new, consolidated IFSC code structure, such as PUNB0MBGB06. Using an old or incorrect IFSC code will lead to transaction failure and delays.

What is an IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify all bank branches participating in online money transfers in India. It is a unique identifier, much like a digital address for each bank branch.

The structure of an IFSC code is specific:

• The first four characters represent the bank name. For Bihar Gramin Bank, under its sponsor Punjab National Bank, these are “PUNB”.
• The fifth character is always a zero (0). This character is reserved for future use and helps maintain uniqueness.
• The last six characters identify the specific branch. In the case of Belamegh Chandchaur’s code, “MBGB06” uniquely points to this particular branch of Bihar Gramin Bank.

This structure ensures that every transaction is routed accurately to the intended bank and branch, minimizing errors in the electronic transfer system.

How to Use an IFSC Code

Using the IFSC code correctly is vital for seamless online money transfers. Here’s how it works for common transaction types:

• For NEFT (National Electronic Funds Transfer):

  When you want to send money using NEFT, you will need the beneficiary’s bank name, account number, account holder’s name, and the IFSC code of their specific branch. You enter these details into your online banking portal or mobile app. The system uses the IFSC to route the money to the correct bank and branch, typically processing transfers in batches during specific hours.

• For RTGS (Real Time Gross Settlement):

  RTGS is designed for large-value transactions, where funds are transferred in real-time on a gross basis. Similar to NEFT, you provide the beneficiary’s bank details, including their account number, name, and the branch’s IFSC code. The system immediately processes the transfer, ensuring the funds are moved without delay, as long as the transaction is within banking hours.

• For IMPS (Immediate Payment Service):

  IMPS allows for instant, 24/7 fund transfers, even on holidays. To use IMPS, you’ll need the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their bank account number and the IFSC code. Entering the Belamegh Chandchaur branch’s IFSC code, PUNB0MBGB06, ensures your instant transfer reaches the correct account there.

Always double-check the IFSC code and account details before confirming any transfer to avoid errors and ensure your money reaches the right person.

Benefits of Knowing Your IFSC Code

Knowing and understanding the IFSC code for your bank branch, like Belamegh Chandchaur’s, offers several key advantages:

• Facilitates Online Transfers: It is mandatory for all electronic fund transfers (NEFT, RTGS, IMPS), allowing you to send and receive money digitally.
• Ensures Accuracy: The unique code helps route your money to the exact bank and branch, reducing the chance of funds going to the wrong account.
• Saves Time: With the correct IFSC, transactions are processed efficiently, avoiding delays that can occur with manual processes or incorrect details.
• Enhances Security: The standardized system provides a layer of security, as funds are tracked and transferred through recognized banking channels.
• Simplifies Bill Payments: Many online bill payment systems require an IFSC code if you are setting up recurring payments or direct debits.

Contact Information

If you need to get in touch with the Bihar Gramin Bank, Belamegh Chandchaur branch, or the head office, here are the contact details:

Belamegh Chandchaur Branch Contact:

• Phone Number: 9955997818
• Address: Belamegh Chandchaur, Samastipur, 848114, Bihar

Bihar Gramin Bank Head Office:

• Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: Is the IFSC code PUNB0MBGB06 valid for all Bihar Gramin Bank branches?

No, PUNB0MBGB06 is specific to the Belamegh Chandchaur branch of Bihar Gramin Bank. Each branch of Bihar Gramin Bank will have a unique last six characters in its IFSC code, even though the first few characters (PUNB0MBGB) will be common to reflect its sponsor bank and identity.

Q2: What happens if I use an old IFSC code from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB)?

If you use an old IFSC code from UBGB or DBGB, your transaction will likely fail. Since these banks have merged into Bihar Gramin Bank and operate under new IFSC codes, the old codes are no longer recognized by the banking system for transfers. Always use the current Bihar Gramin Bank IFSC code for successful transactions.

Q3: How can I find the IFSC code for other Bihar Gramin Bank branches?

You can find the IFSC code for other Bihar Gramin Bank branches through several reliable methods. These include checking the bank’s official website, your passbook or chequebook, using online IFSC code finder tools, or by contacting the bank directly.

Q4: Is it safe to share my bank’s IFSC code with others?

Yes, it is generally safe to share your bank’s IFSC code. The IFSC code is publicly available information and is only used to identify your bank and branch for receiving money. It does not provide access to your account or funds.

Q5: Does the IFSC code change if a branch moves its location?

Generally, if a branch changes its physical location but remains the same branch entity, its IFSC code may or may not change. However, if a branch is completely shut down and merged with another, or a new branch is opened, then a new or different IFSC code would apply. It’s always best to verify the current IFSC code if you know a branch has relocated.