Bihar Gramin Bank Chakpahar IFSC Code

The Bihar Gramin Bank branch in Chakpahar, located in the Samastipur district of Bihar, serves as a vital financial hub for local residents and businesses. When you need to send or receive money electronically through services like NEFT, RTGS, or IMPS, knowing the correct Indian Financial System Code (IFSC) for this specific branch is crucial. This unique code ensures your funds are transferred accurately and securely to the intended recipient’s bank account, preventing delays or misdirection of your money.

Branch Details

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

Bank Name	Bihar Gramin Bank
Branch Name	Chakpahar
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3958
Branch Address	Chakpahar, Samastipur, 848122
Contact Number	9955997865
City	Samastipur
District	Samastipur
Pincode	848122
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This unified entity now operates under the sponsorship of Punjab National Bank. As a result of this merger, all previous IFSC codes associated with Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank are no longer valid. For any transactions involving Bihar Gramin Bank branches, including Chakpahar, you must use the new, consolidated IFSC code. The correct and only valid IFSC code for this branch is PUNB0MBGB06. Using any old or revoked IFSC code will cause your transaction to fail.

What is an IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It uniquely identifies every bank branch in India participating in the NEFT, RTGS, and IMPS systems. This code is crucial for processing online money transfers efficiently and accurately. Here’s how the 11 characters are structured:

• The first four characters are alphabetic and represent the bank name. For Bihar Gramin Bank, since it’s sponsored by Punjab National Bank, these characters are "PUNB".
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters are alphanumeric and uniquely identify the specific bank branch. For the Chakpahar branch, these are "MBGB06".

How to Use the IFSC Code

Using the IFSC code is straightforward when initiating electronic fund transfers. Here’s a step-by-step guide for NEFT, RTGS, and IMPS transactions:

1. Log In to Your Net Banking or Mobile Banking App: Access your bank’s online platform or mobile application.
2. Select Fund Transfer Option: Look for options like "Fund Transfer", "NEFT", "RTGS", or "IMPS".
3. Add Beneficiary (if new): If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. This typically involves providing their:
   • Beneficiary Name
   • Beneficiary Account Number
   • Beneficiary Bank Name (Bihar Gramin Bank)
   • Beneficiary Branch Name (Chakpahar)
   • Beneficiary IFSC Code (PUNB0MBGB06)
   • Confirm Beneficiary Account Number
4. Select Existing Beneficiary: If the recipient is already saved, simply select their name from your list.
5. Enter Amount: Type in the amount of money you wish to transfer.
6. Review and Confirm: Double-check all the details, especially the account number and IFSC code, to ensure accuracy. Then, confirm the transaction.

The system uses the IFSC code to route your payment directly to the correct bank and branch, ensuring the money reaches the right account without issues.

Benefits of Knowing the IFSC Code

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

• Accurate Fund Transfer: Ensures that your money is sent to the precise bank and branch, minimizing errors.
• Faster Processing: Enables quick routing of funds through NEFT, RTGS, and IMPS, leading to faster transaction completion.
• Security: Helps prevent fraudulent transactions by verifying the exact destination of funds.
• Convenience: Facilitates seamless online and mobile banking transactions without needing physical branch visits.
• Tracking: Provides a clear identifier for tracking transactions if any issues arise.

Contact Information

For inquiries or assistance regarding Bihar Gramin Bank, Chakpahar branch, or general banking services, you can use the following contact details:

• Branch Phone Number: 9955997865
• Branch Address: Chakpahar, Samastipur, 848122, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Customer Service Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: Is the IFSC code for Bihar Gramin Bank, Chakpahar branch, the same as its old UBGB or DBGB code?

A1: No, following the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) into Bihar Gramin Bank, all old IFSC codes are revoked. The only valid IFSC code for the Chakpahar branch is PUNB0MBGB06.

Q2: What happens if I use an incorrect IFSC code for a transaction?

A2: If you use an incorrect IFSC code, your transaction will likely fail. The funds will not be debited from your account or will be returned to you after a short period. It’s crucial to always verify the IFSC code before initiating any transfer.

Q3: Can I find the IFSC code on my bank passbook or chequebook?

A3: Yes, the IFSC code is typically printed on your bank passbook and on the top portion of a cheque leaf issued by your bank. You can also find it on your bank’s official website or through online IFSC finders.

Q4: Is the MICR code also important for online transfers?

A4: The MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. While it identifies the bank and branch, it is generally not required for NEFT, RTGS, or IMPS online fund transfers. The IFSC code is the key identifier for electronic transactions.

Q5: Who sponsors Bihar Gramin Bank?

A5: Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). This sponsorship is reflected in its IFSC code, where the first four characters "PUNB" denote Punjab National Bank.