Bihar Gramin Bank Konh Bhagwanpur IFSC Code

If you need to make a fund transfer to or from the Bihar Gramin Bank branch in Konh Bhagwanpur, located in the SARAN district of Bihar, you’ll need its Indian Financial System Code, or IFSC. This unique code is essential for all electronic money transfers within India. It ensures your money goes to the correct bank and branch. Whether you’re sending funds via NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), or IMPS (Immediate Payment Service), the correct IFSC code is a must-have.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Konh Bhagwanpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100576
Branch Address	Konh Bhagwanpur, SARAN, 841204, 9297955244
Contact Number	9297955244
City	SARAN
District	SARAN
Reason	CHAPRA
Pincode	841204
State	Bihar

Merger Update

It’s important to know about recent changes affecting Bihar Gramin Bank. This bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). As part of this merger, all branches now operate under a unified system with Punjab National Bank as the sponsor bank. This means that the Konh Bhagwanpur branch, like all others, uses the new IFSC code: PUNB0MBGB06.

If you previously used an IFSC code starting with “UBGB” or “DBGB” for these banks, those codes are no longer valid. All financial transactions must use the current IFSC code PUNB0MBGB06. Using an outdated code will cause your transaction to fail.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code. It uniquely identifies every bank branch in India participating in the electronic funds transfer system. The Reserve Bank of India (RBI) assigns these codes.

Here’s how the 11 characters are structured:

• The first four characters represent the bank’s name. For Bihar Gramin Bank, this is “PUNB” because Punjab National Bank is its sponsor bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific branch. For the Konh Bhagwanpur branch, these are “MBGB06”.

So, for the Konh Bhagwanpur branch of Bihar Gramin Bank, the full IFSC code is PUNB0MBGB06.

How to Use an IFSC Code

You need the IFSC code when you’re transferring money electronically to another bank account in India. Here are the general steps for common transfer methods:

For NEFT and RTGS:

1. Log in to your bank’s online banking portal or mobile app. Alternatively, visit your bank branch to fill out a NEFT/RTGS form.
2. Select “Fund Transfer” and then choose “NEFT” or “RTGS”.
3. Add a new beneficiary or select an existing one.
4. Enter the beneficiary’s details:
   • Beneficiary Account Number
   • Beneficiary Account Name
   • Confirm Beneficiary Account Number
   • The correct IFSC code for the beneficiary’s branch (e.g., PUNB0MBGB06 for Konh Bhagwanpur)
5. Enter the amount you wish to transfer.
6. Confirm the details and complete the transaction.

For IMPS:

1. Open your mobile banking app.
2. Choose the “IMPS” option.
3. Select “Send Money” or “Transfer Funds”.
4. Enter the beneficiary’s details, which usually include:
   • Beneficiary Account Number
   • The correct IFSC code for the beneficiary’s branch (e.g., PUNB0MBGB06)
   • Or, sometimes, the beneficiary’s Mobile Number and MMID (Mobile Money Identifier) can be used instead of IFSC and account number.
5. Enter the amount.
6. Review the information and confirm the transfer.

Always double-check the IFSC code and account number before making a transfer to avoid sending money to the wrong account.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank branch or the branch you are sending money to offers several key advantages:

• Facilitates Electronic Transfers: It is mandatory for online transactions like NEFT, RTGS, and IMPS, ensuring smooth and fast money movement.
• Ensures Accuracy: The unique code helps direct funds to the exact intended bank branch, reducing errors and misplaced transfers.
• Enhances Security: By linking transfers to specific, verified branches, it adds a layer of security to your financial transactions.
• Speeds Up Transactions: Correctly using the IFSC code helps process your transfers quicker, as banks can identify the destination branch without delays.
• Required for Bill Payments: Some online bill payment services or merchant payments may also ask for the IFSC code for direct bank transfers.

Contact Information

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

• Konh Bhagwanpur Branch Phone Number: 9297955244
• Konh Bhagwanpur Branch Address: Konh Bhagwanpur, SARAN, 841204, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

Frequently Asked Questions

What is the IFSC code for Bihar Gramin Bank, Konh Bhagwanpur?

The IFSC code for Bihar Gramin Bank, Konh Bhagwanpur branch is PUNB0MBGB06. It’s crucial for all electronic fund transfers.

Can I use an old IFSC code for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB)?

No, you cannot. Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank have merged to form Bihar Gramin Bank. All old IFSC codes associated with UBGB and DBGB are no longer valid. You must use the new code, PUNB0MBGB06, for all transactions.

Why is the fifth character of the IFSC code always a zero?

The fifth character of the IFSC code is always a ‘0’ (zero). This character is kept as a control character for future use by the Reserve Bank of India. It helps maintain the structure and allows for potential expansion or changes to the system later on.

Is the IFSC code the same as the MICR code?

No, the IFSC code and MICR code are different. The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used for electronic fund transfers. The MICR (Magnetic Ink Character Recognition) code is a 9-digit numerical code found on cheque leaves, primarily used for clearing cheques.

What should I do if my electronic transfer fails due to an incorrect IFSC code?

If your electronic transfer fails because of an incorrect IFSC code, the money will usually be credited back to your account within a short period, typically a few hours to a few business days, depending on the bank and the transfer type. You should then re-initiate the transaction using the correct IFSC code, PUNB0MBGB06, for the Konh Bhagwanpur branch.