Bihar Gramin Bank Sakhnauli Bharahpur IFSC Code

If you’re looking to send or receive money from the Bihar Gramin Bank branch in Sakhnauli Bharahpur, located in the SARAN district of Bihar, understanding the Indian Financial System Code (IFSC) is key. The IFSC is a unique code that helps identify bank branches in India. It’s essential for carrying out electronic fund transfers like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). This code ensures your money reaches the correct bank and branch without any issues, making your transactions smooth and secure.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Sakhnauli Bharahpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100608
Branch Address	Sakhnauli Bharahpur, SARAN, 841207, 9297955276
Contact Number	9297955276
City	SARAN
District	SARAN
Reason	CHAPRA
Pincode	841207
State	Bihar

Merger Update

The Bihar Gramin Bank was formed through the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these banks are now consolidated under the Bihar Gramin Bank, sponsored by Punjab National Bank. As a result of this merger, all branches, including Sakhnauli Bharahpur, now use a single, unified IFSC code: PUNB0MBGB06.

It’s important to note that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid. For any financial transaction involving Bihar Gramin Bank branches, including Sakhnauli Bharahpur, you must use the new code PUNB0MBGB06. Using an outdated code will cause your transaction to fail.

What is IFSC Code?

The IFSC, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch in India participating in electronic fund transfers. Each part of the code tells you something specific about the branch:

• The first four characters are alphabetic and represent the bank’s name. For Bihar Gramin Bank, this is “PUNB”. This signifies Punjab National Bank, the sponsoring bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters are alphanumeric and identify the specific branch. For the Sakhnauli Bharahpur branch, these are “MBGB06”.

So, for Sakhnauli Bharahpur branch, the code PUNB0MBGB06 clearly identifies it as a Bihar Gramin Bank branch sponsored by Punjab National Bank.

How to Use IFSC Code

You will need the IFSC code whenever you want to transfer money electronically to or from the Bihar Gramin Bank Sakhnauli Bharahpur branch. Here’s how to use it for common transfer methods:

• NEFT (National Electronic Funds Transfer): This system processes transactions in batches. When initiating a NEFT transfer, you’ll enter the beneficiary’s bank name (Bihar Gramin Bank), branch name (Sakhnauli Bharahpur), account number, and the IFSC code (PUNB0MBGB06). Funds are typically credited within a few hours.
• RTGS (Real Time Gross Settlement): RTGS is used for large-value transactions and processes payments individually and continuously. Similar to NEFT, you will provide the beneficiary’s bank details, including the specific IFSC code PUNB0MBGB06, account number, and bank name. The funds are transferred almost immediately.
• IMPS (Immediate Payment Service): IMPS allows for instant, 24/7 fund transfers, even on holidays. When using IMPS via mobile banking or a banking app, you will need the beneficiary’s account number and the IFSC code PUNB0MBGB06. Some IMPS transactions can also be done using a mobile number and MMID.

Always double-check the IFSC code, account number, and other beneficiary details before confirming any transaction to avoid delays or incorrect transfers.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for Bihar Gramin Bank Sakhnauli Bharahpur branch offers several important benefits:

• It ensures your electronic fund transfers like NEFT, RTGS, and IMPS are routed correctly.
• It helps prevent delays or failures in transactions due to incorrect branch identification.
• It is mandatory information for setting up direct debits or automated payments.
• It provides a unique identifier for the specific bank branch, enhancing security and accuracy.
• You can quickly verify the branch details before making a payment, reducing errors.

Contact Information

For any queries related to the Sakhnauli Bharahpur branch or Bihar Gramin Bank, you can use the following contact details:

• Branch Phone Number: 9297955276
• Branch Address: Sakhnauli Bharahpur, SARAN, 841207, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some frequently asked questions about IFSC codes:

Q1: Is the IFSC code mandatory for all bank transfers?
A1: Yes, the IFSC code is mandatory for all electronic fund transfers within India, including NEFT, RTGS, and IMPS. It ensures that your money is sent to the correct bank branch.

Q2: What happens if I use an incorrect IFSC code?
A2: If you use an incorrect IFSC code, your transaction will likely fail. The banking system will detect the mismatch and reject the transfer. The funds might be returned to your account, but this could cause delays.

Q3: Can I find the IFSC code on my chequebook?
A3: Yes, the IFSC code is typically printed on the cheque leaves of your chequebook. You can usually find it on the top left corner or near the bank name.

Q4: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A4: No, the IFSC code is unique to each specific branch. While the first four characters might be the same (PUNB) for all Bihar Gramin Bank branches, the last six characters will differ for each branch to identify it uniquely.

Q5: How can I verify the correct IFSC code for a branch?
A5: You can verify the IFSC code on the bank’s official website, through your bank’s mobile app or net banking portal, or by checking your chequebook or passbook. You can also call the bank’s customer service for assistance.