Bihar Gramin Bank Matiar Tajpur IFSC Code

When dealing with financial transactions in Matiar Tajpur, SARAN, Bihar, understanding the Indian Financial System Code (IFSC) is very important. This unique 11-character code is a key requirement for securely transferring funds through online systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). It ensures your money reaches the correct bank and branch.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Matiar Tajpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100595
Branch Address	Matiar Tajpur, SARAN, 841403, 9297955254
Contact Number	9297955254
City	SARAN
District	SARAN
Reason	CHAPRA
Pincode	841403
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). Both of these banks now operate under the single identity of Bihar Gramin Bank. This bank is sponsored by Punjab National Bank. Because of this merger, all previous IFSC codes for UBGB and DBGB branches are no longer valid. For the Matiar Tajpur branch, and all other branches of Bihar Gramin Bank, the unified IFSC code PUNB0MBGB06 must be used for all financial transactions. Always ensure you use this new, valid IFSC code to avoid any issues with your fund transfers.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code that uniquely identifies every bank branch in India. It is essential for electronic fund transfers. The code has a specific structure:

• The first four characters represent the bank name. For Bihar Gramin Bank, this is “PUNB” because it is sponsored by Punjab National 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 Matiar Tajpur branch, these characters are “MBGB06”.

So, the full IFSC code PUNB0MBGB06 tells you it’s Punjab National Bank’s sponsored bank (Bihar Gramin Bank) and specifically the Matiar Tajpur branch.

How to Use Your IFSC Code for Fund Transfers

When you need to send money online using NEFT, RTGS, or IMPS, the IFSC code is a crucial piece of information. Here’s a general guide on how to use it:

1. Log in to your Net Banking or Mobile Banking App: Access your bank’s online platform.
2. Select Fund Transfer Option: Choose between NEFT, RTGS, or IMPS, depending on the amount and urgency of your transfer.
3. Add Beneficiary Details: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary.
4. Enter Beneficiary Information: Provide the following details:
   • Beneficiary’s Name
   • Beneficiary’s Account Number (you’ll usually need to enter it twice to confirm)
   • Beneficiary’s Bank Name (e.g., Bihar Gramin Bank)
   • Beneficiary’s Branch Name (e.g., Matiar Tajpur)
   • The correct IFSC Code: PUNB0MBGB06
5. Enter Amount and Purpose: Specify how much money you want to send and briefly state the reason for the transfer.
6. Review and Confirm: Double-check all details, especially the account number and IFSC code, before confirming the transaction. A wrong IFSC code could delay or misdirect your funds.

Benefits of Knowing Your IFSC Code

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

• Ensures Accurate Transfers: It guarantees that funds are credited to the intended recipient’s bank and branch, minimizing errors.
• Enables Fast Online Transactions: Essential for quick and efficient NEFT, RTGS, and IMPS transfers, which are often processed in real-time or near real-time.
• Facilitates Online Banking: Allows you to manage your finances digitally, sending and receiving money without needing to visit a physical branch.
• Supports Security: Helps in maintaining the integrity of the banking system by providing a unique identifier for each branch, reducing the risk of fraud.
• Required for Bill Payments and Investments: Many online bill payment platforms and investment portals also require an IFSC code for seamless transactions.

Contact Information

If you need to contact the Matiar Tajpur branch or the head office of Bihar Gramin Bank, here are the details:

• Matiar Tajpur Branch Phone Number: 9297955254
• Matiar Tajpur Branch Address: Matiar Tajpur, SARAN, 841403, 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

Here are some common questions about IFSC codes:

Q1: What is the IFSC code for Bihar Gramin Bank, Matiar Tajpur branch?
A1: The IFSC code for Bihar Gramin Bank, Matiar Tajpur branch is PUNB0MBGB06.

Q2: Is the IFSC code for Bihar Gramin Bank Matiar Tajpur permanent?
A2: Generally, an IFSC code is permanent for a specific branch. However, it can change in rare cases, such as during bank mergers or branch relocations. It’s always a good idea to confirm the latest IFSC code if you are unsure, especially if a long time has passed since your last transaction or if you hear of bank restructuring.

Q3: Can I use an old Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) IFSC code for Matiar Tajpur?
A3: No, you cannot. Following the merger, all old UBGB and DBGB IFSC codes are revoked. You must use the new unified IFSC code PUNB0MBGB06 for all transactions related to Bihar Gramin Bank branches, including Matiar Tajpur.

Q4: What happens if I enter the wrong IFSC code during a fund transfer?
A4: If you enter an incorrect IFSC code, the transaction will usually fail. The system will detect that the code does not match the beneficiary’s bank or branch and will not process the transfer. In some rare cases, if the wrong IFSC code belongs to another valid branch, the funds might get misdirected. Always double-check the IFSC code to prevent such issues.

Q5: How can I find the IFSC code for other Bihar Gramin Bank branches?
A5: You can find IFSC codes on your bank’s passbook or cheque book. Alternatively, you can use the official website of Bihar Gramin Bank, the Reserve Bank of India (RBI) website, or reliable third-party financial portals by searching for the bank and branch name. You can also call the bank’s customer service for assistance.