Welcome to our guide on the Bihar Gramin Bank branch located in Ram Kishunpur. Understanding your bank’s Indian Financial System Code (IFSC) is crucial for smooth and secure money transfers. This unique code acts like a digital address, ensuring your funds reach the correct bank and branch, whether you’re sending money through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service). Let’s dive into the details you need for this specific branch.
Branch Details
Here are the key details for the Bihar Gramin Bank branch in Ram Kishunpur:
| Bank Name | Bihar Gramin Bank |
| Branch Name | Ram Kishunpur |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 3979 |
| Branch Address | Ram Kishunpur, Samastipur, 848129 |
| Contact Number | 7070098471 |
| City | Samastipur |
| District | Samastipur |
| Pincode | 848129 |
| State | Bihar |
Merger Update
It is important to note a significant change regarding regional rural banks in Bihar. Previously, banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) operated independently. These entities, along with others, have now merged under a unified structure, forming what is now known as Bihar Gramin Bank. This merged entity is sponsored by Punjab National Bank.
As a result of this merger, all previous IFSC codes associated with banks like UBGB and DBGB have been revoked. They are no longer valid for any banking transactions. For the Ram Kishunpur branch of Bihar Gramin Bank, and indeed for most branches under this merged structure, the single, valid IFSC code is PUNB0MBGB06. Always use this new code for all your NEFT, RTGS, and IMPS transfers to ensure your transactions are successful.
What is an IFSC Code?
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It’s unique for each bank branch in India. Think of it as a specific postal code for financial transactions. Here’s how it breaks down:
- First 4 characters: These represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank for Bihar Gramin Bank.
- Fifth character: This is always a zero (0). It’s kept for future use, acting as a control character.
- Last 6 characters: These identify the specific branch. In PUNB0MBGB06, “MBGB06” points to the Ram Kishunpur branch of Bihar Gramin Bank.
This structured format helps in directing funds to the exact recipient branch, minimizing errors during electronic transfers.
How to Use the IFSC Code
Using the IFSC code is simple and standard across various electronic fund transfer methods:
- Gather Receiver Details: Before initiating any transfer, you will need the beneficiary’s name, bank account number, bank name, and the correct IFSC code. For this branch, the IFSC is PUNB0MBGB06.
- Choose Your Transfer Method:
- NEFT (National Electronic Funds Transfer): This method allows for batch transfers, usually processed in hourly intervals during business hours. It’s suitable for non-urgent transfers of any amount.
- RTGS (Real Time Gross Settlement): Designed for large-value transactions (typically above ₹2 lakh), RTGS processes transfers individually and immediately. It’s ideal for urgent and high-value transfers.
- IMPS (Immediate Payment Service): IMPS offers instant, 24/7 transfers, even on holidays. It’s convenient for smaller, immediate payments using mobile banking or internet banking.
- Enter Details in Banking Platform: Whether you’re using mobile banking, internet banking, or visiting your bank branch, navigate to the “Fund Transfer” or “Payments” section.
- Input the IFSC: Carefully enter PUNB0MBGB06 in the designated IFSC field. The system will usually auto-populate the bank and branch name once the correct IFSC is entered, allowing you to double-check.
- Verify and Confirm: Always review all the entered details, especially the account number and IFSC, before confirming the transaction. An incorrect IFSC can lead to delays or funds being transferred to the wrong account.
Benefits of Knowing Your IFSC Code
Understanding and having easy access to your branch’s IFSC code offers several advantages:
- Enables Electronic Transfers: It’s essential for sending and receiving money through NEFT, RTGS, and IMPS.
- Ensures Accuracy: The unique code ensures funds are directed to the correct bank and specific branch, reducing the chances of errors.
- Faster Processing: Correct IFSC codes help banks process your transactions quickly and efficiently.
- Secure Transactions: It adds a layer of security by uniquely identifying the destination branch for financial transfers.
- Simplifies Payments: Whether you’re paying bills, sending money to family, or making online purchases, the IFSC code streamlines the payment process.
Contact Information
If you need to get in touch with the Bihar Gramin Bank, Ram Kishunpur branch, or their head office, here are the details:
- Ram Kishunpur Branch Phone Number: 7070098471
- Ram Kishunpur Branch Address: Ram Kishunpur, Samastipur, Bihar, Pincode- 848129
- Head Office Address (Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number (Bihar Gramin Bank): 18001807777
FAQs
Q1: What if I use an old or incorrect IFSC code for a transfer?
A1: If you use an old or incorrect IFSC code, your transaction will likely fail. The banking system will not be able to identify the correct destination branch. This will result in the funds being returned to your account, though there might be a delay in processing this return. Always verify the IFSC code before initiating a transfer.
Q2: Is the IFSC code the same as the MICR code?
A2: No, the IFSC code and MICR (Magnetic Ink Character Recognition) code are different. The IFSC code (PUNB0MBGB06 for this branch) is used for electronic fund transfers like NEFT, RTGS, and IMPS. The MICR code (800811002 for this branch) is a 9-digit code used primarily for processing paper cheques. It helps in quickly identifying the bank and branch that issued the cheque.
Q3: Where can I find the correct IFSC code for my branch?
A3: You can find your branch’s IFSC code on your cheque book, passbook, or account statement. It is also prominently displayed on the bank’s official website, through mobile banking apps, or by contacting the branch directly. For the Ram Kishunpur branch of Bihar Gramin Bank, the valid IFSC code is PUNB0MBGB06.
Q4: Can I use the Ram Kishunpur branch’s IFSC code for other branches of Bihar Gramin Bank?
A4: No, you cannot. Each branch of a bank has its own unique IFSC code. While the first few characters (PUNB0MBGB) might be similar for branches within the same merged bank structure, the last six characters will differ to identify the specific branch. Always use the exact IFSC code for the beneficiary’s specific branch.
Q5: Is the IFSC code valid outside India?
A5: The IFSC code is specific to the Indian financial system and is used for domestic electronic fund transfers within India. For international money transfers, you would typically need a SWIFT (Society for Worldwide Interbank Financial Telecommunication) code or BIC (Bank Identifier Code), which is different from an IFSC code.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.