The Bihar Gramin Bank branch in Sakhmohan, located in the Samastipur district of Bihar, serves as a vital financial hub for the local community. When you need to send or receive money electronically, understanding key banking codes is essential. The Indian Financial System Code (IFSC) is crucial for processes like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). This unique code ensures your funds are directed accurately to the intended bank and specific branch, preventing errors and speeding up your transactions.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Sakhmohan |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 3923 |
| Branch Address | Sakhmohan, Samastipur, 848211, 9955997829 |
| Contact Number | 9955997829 |
| City | Samastipur |
| District | Samastipur |
| Reason | SAMASTIPUR |
| Pincode | 848211 |
| State | Bihar |
Merger Update for Bihar Gramin Bank
Bihar Gramin Bank itself is a product of significant mergers designed to streamline regional rural banking services in Bihar. It was formed by bringing together several Regional Rural Banks (RRBs), including the Uttar Bihar Gramin Bank, Dakshin Bihar Gramin Bank, and Madhya Bihar Gramin Bank. Today, Bihar Gramin Bank operates under the sponsorship of Punjab National Bank (PNB).
This merger means that all branches, including Sakhmohan, now use a unified IFSC code structure. The IFSC code for Bihar Gramin Bank Sakhmohan branch is PUNB0MBGB06. It is important to note that any old IFSC codes previously used by the merged entities, such as Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), are no longer valid for fund transfers. For all electronic transactions—NEFT, RTGS, and IMPS—you must use only the current IFSC code: PUNB0MBGB06. Using an outdated code will cause your transaction to fail.
What is an IFSC Code?
The Indian Financial System Code, or IFSC, is a unique 11-character alphanumeric code. It identifies every bank branch participating in online money transfers across India. Think of it as a specific address for a bank branch.
- The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
- The fifth character is always a “0” (zero). This is a control character reserved for future use by the Reserve Bank of India.
- The last six characters identify the specific branch. In our example, “MBGB06” uniquely points to the Sakhmohan branch of Bihar Gramin Bank.
This structured format ensures that even with a large number of bank branches, each one has a distinct identifier, making electronic fund transfers safe and accurate.
How to Use the IFSC Code
The IFSC code is a mandatory detail for several types of electronic fund transfers. Here’s how it’s used:
- NEFT (National Electronic Funds Transfer): This system allows you to transfer money from one bank to another across India. When initiating an NEFT transaction through your bank’s online portal or at a branch, you will need the recipient’s name, account number, bank name, and their bank branch’s correct IFSC code. NEFT transactions are processed in batches during specific hours.
- RTGS (Real Time Gross Settlement): RTGS is designed for large-value transactions, typically for amounts of 2 lakh rupees or more. Funds are transferred individually and almost instantly, in “real-time.” Like NEFT, RTGS requires the beneficiary’s name, account number, bank name, and the exact IFSC code of their branch.
- IMPS (Immediate Payment Service): IMPS offers instant, 24/7 fund transfers, even on holidays. You can use it through mobile banking apps or internet banking. To send money via IMPS, you’ll generally need the recipient’s account number and the IFSC code of their branch, or sometimes their mobile number and MMID (Mobile Money Identifier).
In all these cases, entering the correct IFSC code ensures your money reaches the right destination without delays or errors.
Benefits of Knowing Your IFSC Code
Having easy access to your bank branch’s IFSC code offers several practical advantages:
- Accurate Fund Transfers: It guarantees that your money is routed to the exact bank and branch you intend, minimizing the risk of funds going astray.
- Faster Transactions: With the correct IFSC, electronic transfers like NEFT, RTGS, and IMPS can be processed efficiently and quickly.
- Required for Online Banking: It’s a mandatory field for initiating most online and mobile banking fund transfers, making your digital banking experience seamless.
- Enhanced Security: The unique code adds an extra layer of verification, ensuring that both the bank and branch are correctly identified before a transaction is completed.
- Nationwide Connectivity: It facilitates smooth inter-bank transactions across any part of India, connecting various financial institutions.
Contact Information
For any banking inquiries related to the Sakhmohan branch or Bihar Gramin Bank, you can use the following contact details:
- Branch Phone Number: 9955997829
- Branch Address: Sakhmohan, Samastipur, 848211
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number (General Inquiries): 18001807777
Frequently Asked Questions (FAQs)
What is the IFSC code for Bihar Gramin Bank Sakhmohan branch?
The IFSC code for Bihar Gramin Bank, Sakhmohan branch, is PUNB0MBGB06. This code is essential for all electronic fund transfers.
Why is the 5th character of the IFSC code always ‘0’?
The fifth character in every IFSC code is always a ‘0’ (zero). This is kept as a control character, reserved for future use by the Reserve Bank of India (RBI) if they need to expand or modify the IFSC structure.
Can I use an old IFSC code from Uttar Bihar Gramin Bank for Sakhmohan branch?
No, you cannot. Uttar Bihar Gramin Bank, along with other Regional Rural Banks, merged to form Bihar Gramin Bank. All old IFSC codes from previously merged entities are no longer valid. You must use the current IFSC code, PUNB0MBGB06, for all transactions involving the Sakhmohan branch.
Is the IFSC code different for NEFT, RTGS, and IMPS transactions?
No, the IFSC code remains the same regardless of the type of electronic fund transfer you are making. Whether you use NEFT, RTGS, or IMPS, you will always need the same PUNB0MBGB06 code for the Bihar Gramin Bank Sakhmohan branch.
What is the MICR code for Bihar Gramin Bank Sakhmohan branch?
The MICR (Magnetic Ink Character Recognition) code for Bihar Gramin Bank, Sakhmohan branch, is 800811002. This code is usually found on cheque leaves and is used for processing cheques.
How can I find the IFSC code for other Bihar Gramin Bank branches?
You can typically find the IFSC code for other branches on the official Bihar Gramin Bank website, through your net banking portal, on your cheque book, or by contacting the bank’s customer service.
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.