Bihar Gramin Bank Chakmehsi IFSC Code

The Bihar Gramin Bank branch in Chakmehsi serves the local community in the Samastipur district of Bihar. This branch plays a vital role in providing essential banking services to residents and businesses in Chakmehsi and its surrounding areas. For any digital money transfer, whether you are sending funds through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), knowing the correct IFSC (Indian Financial System Code) is absolutely essential. This unique code ensures your money reaches the right bank and branch quickly and securely.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Chakmehsi
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3911
Branch Address	Chakmehsi, Samastipur, 848302, 9955997876
Contact Number	9955997876
City	Samastipur
District	Samastipur
Pincode	848302
State	Bihar

Merger Update

For customers of Bihar Gramin Bank, it is important to understand the recent banking changes. Previously, regional rural banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) operated with their own specific IFSC codes. However, these banks have undergone mergers and now operate under the sponsorship of Punjab National Bank. As a result, the unified IFSC code PUNB0MBGB06 is now used for transactions related to this branch, which falls under the Madhya Bihar Gramin Bank structure sponsored by Punjab National Bank.

This means that any old IFSC codes previously used for branches under UBGB or DBGB are no longer valid for electronic fund transfers. To ensure your transactions are successful, you must use only the new, updated IFSC code PUNB0MBGB06. This change standardizes the banking process and links these regional banks more closely with their sponsoring national bank.

What is IFSC Code?

The IFSC code, or Indian Financial System Code, is a unique 11-character code. It identifies every bank branch participating in online fund transfers in India. This code is crucial for ensuring that money is transferred to the correct bank and branch.

Here is how an IFSC code is structured:

• The first four characters represent the bank name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank.
• The fifth character is always a zero (0). This character is a control digit, reserved for future use.
• The last six characters identify the specific branch of the bank. In our example, “MBGB06” uniquely identifies the Chakmehsi branch of Madhya Bihar Gramin Bank.

Understanding this structure helps you verify the details when making an online transfer.

How to Use IFSC Code

Using the IFSC code is simple when you are making an online fund transfer. Follow these steps for NEFT, RTGS, or IMPS transactions:

1. Log in to your Net Banking or Mobile Banking App: Access your online banking portal using your credentials.
2. Select Fund Transfer Option: Look for options like “NEFT,” “RTGS,” or “IMPS.”
3. Add New Beneficiary: If you are sending money to someone for the first time, you will need to add them as a new beneficiary.
4. Enter Beneficiary Details: Provide the recipient’s full name, account number, and the specific IFSC code of their bank branch. For the Bihar Gramin Bank Chakmehsi branch, this is PUNB0MBGB06.
5. Confirm Details: Double-check all entered information, especially the account number and IFSC code, to avoid errors.
6. Enter Amount and Confirm: Input the amount you wish to transfer and confirm the transaction.

Always verify the IFSC code with the recipient or on the bank’s official website to prevent any transfer issues.

Benefits of Knowing Your IFSC Code

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

• Accurate Transfers: It ensures your money goes to the correct recipient bank and branch, minimizing errors and fraud.
• Faster Processing: Transactions like NEFT and RTGS are processed quickly, sometimes instantly with IMPS, thanks to the unique identification provided by the IFSC.
• Enhanced Security: The specific nature of the code adds a layer of security by reducing the chances of misdirected funds.
• Convenience for Online Banking: It is essential for all online fund transfer services, allowing you to manage your money from anywhere.
• Required for Major Services: Beyond transfers, it is often required for setting up direct debits, bill payments, and other financial services.

Contact Information

If you need to contact the Bihar Gramin Bank Chakmehsi branch or its head office, here are the details:

• Branch Phone Number: 9955997876
• Branch Address: Chakmehsi, Samastipur, 848302
• Head Office Address (Madhya Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Q1: What is the full IFSC code for Bihar Gramin Bank Chakmehsi branch?
A1: The complete IFSC code for the Chakmehsi branch is PUNB0MBGB06. This code identifies it as part of Madhya Bihar Gramin Bank, sponsored by Punjab National Bank.

Q2: Is the MICR code important for online fund transfers like NEFT or IMPS?
A2: No, the MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. For online fund transfers such as NEFT, RTGS, and IMPS, only the IFSC code is required.

Q3: What types of transactions require an IFSC code?
A3: The IFSC code is mandatory for all electronic fund transfers within India. This includes NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

Q4: What happens if I use an old or incorrect IFSC code for a transfer?
A4: If you use an old, revoked, or incorrect IFSC code, your transaction will likely fail. The funds will either not be transferred or will be reversed to your account after a short period. Always use the most current and accurate IFSC code.

Q5: Where can I typically find the IFSC code for my bank branch?
A5: You can usually find your bank’s IFSC code printed on your cheque book, passbook, or account statement. It is also available on the bank’s official website or through online IFSC lookup tools.