Bihar Gramin Bank Baijalpur IFSC Code

This article provides details about the Bihar Gramin Bank branch located in Baijalpur, in the Saran district of Bihar. Knowing the Indian Financial System Code (IFSC) for this branch is crucial for any digital money transfer. This code is a unique identifier used for various online transactions, including National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, you cannot send money electronically to or from this specific branch.

Branch Details

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

Bank Name	Bihar Gramin Bank
Branch Name	Baijalpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100603
Branch Address	Baijalpur, SARAN, 841101, 9297955191
Contact Number	9297955191
City	SARAN
District	SARAN
Reason	CHAPRA
Pincode	841101
State	Bihar

Merger Update

Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these regional rural banks are now consolidated under the single entity, Bihar Gramin Bank. This bank operates under the sponsorship of Punjab National Bank.

As a result of this merger, all branches of the former Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank now use a standardized IFSC code. The IFSC code for Bihar Gramin Bank, including the Baijalpur branch, is PUNB0MBGB06. It is important to note that any old IFSC codes previously used by UBGB or DBGB branches have been revoked. For any transactions today, only the new IFSC code, PUNB0MBGB06, is valid.

What is an IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is a unique 11-character alphanumeric code. This code identifies every bank branch in India participating in electronic funds transfer. Its main purpose is to ensure that your money reaches the correct recipient branch during online transactions.

The structure of the IFSC code is specific:

• The first four characters represent the bank name. For Bihar Gramin Bank, this is PUNB, as Punjab National Bank is its sponsor.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between the bank code and the branch code.
• The last six characters identify the specific branch. For the Baijalpur branch, these are MBGB06.

So, for Bihar Gramin Bank, Baijalpur branch, the full IFSC code is PUNB0MBGB06.

How to Use the IFSC Code

Using the IFSC code is simple when you are making online money transfers. Here are the steps for NEFT, RTGS, and IMPS transactions:

1. Log in to your bank’s online banking portal or mobile app: Access the funds transfer section.
2. Select the type of transfer: Choose NEFT, RTGS, or IMPS based on your preference and the amount you want to transfer.
3. Add the beneficiary (recipient) details:
   • Recipient’s Bank Name: Bihar Gramin Bank
   • Recipient’s Branch Name: Baijalpur
   • Recipient’s Account Number: The exact account number of the person or entity you are sending money to.
   • Recipient’s Account Holder Name: The full name of the account holder.
   • IFSC Code: PUNB0MBGB06
   • Amount: The sum of money you wish to transfer.
4. Confirm the details: Double-check all entered information, especially the account number and IFSC code, to avoid errors.
5. Authorize the transaction: Complete the transfer using your banking password or PIN.

NEFT transactions are processed in batches, while RTGS transactions are processed individually and in real-time, typically for larger amounts. IMPS allows for instant, 24/7 transfers.

Benefits of Knowing the IFSC Code

Understanding and using the correct IFSC code offers several important benefits:

• Secure Transactions: It ensures that your funds are directed to the correct bank and branch, minimizing the risk of misdirected transfers.
• Faster Processing: The unique identification helps in quicker processing of electronic funds transfers like NEFT, RTGS, and IMPS.
• Unique Identification: Each branch has a distinct code, making it easy to identify specific locations of a bank.
• Reduces Errors: By uniquely identifying the target branch, the IFSC code helps prevent errors that could arise from similar branch names or addresses.
• Mandatory for Digital Banking: It is a compulsory piece of information for almost all online banking transactions in India.

Contact Information

If you need to contact the Bihar Gramin Bank, Baijalpur branch, or its head office, here are the details:

• Branch Phone Number (Baijalpur): 9297955191
• Branch Address (Baijalpur): Baijalpur, SARAN, 841101, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes:

Q1: What does IFSC stand for?
A1: IFSC stands for Indian Financial System Code. It is a unique eleven-character code used for electronic fund transfers in India.

Q2: Is the IFSC code for Bihar Gramin Bank, Baijalpur branch still valid?
A2: Yes, the IFSC code PUNB0MBGB06 is currently valid for the Bihar Gramin Bank, Baijalpur branch. This code is the official one following the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank.

Q3: Can I use an old IFSC code if I previously had an account with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?
A3: No, old IFSC codes from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) branches are no longer valid. You must use the new standardized IFSC code, PUNB0MBGB06, for all transactions with Bihar Gramin Bank branches.

Q4: What happens if I use the wrong IFSC code during a transaction?
A4: If you use an incorrect IFSC code, the transaction will likely fail. The banking system will detect that the code does not match the beneficiary’s account details, and the transfer will not be processed. Your funds will usually be returned to your account.

Q5: How can I find the IFSC code for other Bihar Gramin Bank branches?
A5: You can find the IFSC code for other branches by visiting the official Bihar Gramin Bank website or the Punjab National Bank website (as it’s the sponsor bank). Many reliable third-party financial websites also provide IFSC code lookup tools. Alternatively, you can check your bank passbook or contact the specific branch directly.