This article focuses on the Bihar Gramin Bank branch located in Sahajitpur, a village in the Saran district of Bihar. Understanding the Indian Financial System Code (IFSC) is crucial for anyone performing online fund transfers like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS). This unique code ensures your money reaches the correct bank and branch without issues when you transfer funds electronically.
Branch Details
The Bihar Gramin Bank, Sahajitpur branch, has specific details essential for banking transactions.
| Detail | Information |
|---|---|
| Bank Name | Bihar Gramin Bank |
| Branch Name | Sahajitpur |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100904 |
| Branch Address | Sahajitpur, SARAN, 841422, 9297955275 |
| Contact Number | 9297955275 |
| City | SARAN |
| District | SARAN |
| Region | CHAPRA |
| Pincode | 841422 |
| State | Bihar |
Merger Update
It’s important to note that Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both now operate under the sponsorship of Punjab National Bank (PNB). All transactions for Bihar Gramin Bank, including the Sahajitpur branch, now use the single IFSC code PUNB0MBGB06. Any old IFSC codes previously associated with Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) have been revoked. Only the new IFSC code PUNB0MBGB06 is valid for all electronic fund transfers.
What is an IFSC Code?
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online money transfers within India.
The IFSC code for Bihar Gramin Bank, Sahajitpur branch, PUNB0MBGB06, can be broken down as follows:
- The first four characters, PUNB, identify the sponsoring bank, which is Punjab National Bank.
- The fifth character is always 0 (zero). This character is reserved for future use and helps maintain the code’s structure.
- The last six characters, MBGB06, uniquely identify the specific bank branch, in this case, the Sahajitpur branch of Bihar Gramin Bank.
This structure ensures that each branch has a distinct code, preventing errors during financial transactions.
How to Use an IFSC Code
You will need the IFSC code when you want to transfer money electronically using services like NEFT, RTGS, or IMPS. Here are the general steps:
- Log in to your banking app or website: Access your net banking portal or mobile banking application.
- Select “Fund Transfer” or “Payments”: Look for an option related to transferring money to another bank.
- Add a new beneficiary (if not already added): You’ll typically need to provide the recipient’s details.
- Enter beneficiary details:
- Recipient’s Account Number
- Recipient’s Account Holder Name
- Confirm Recipient’s Account Number
- The IFSC Code of the recipient’s bank branch (e.g., PUNB0MBGB06 for Sahajitpur branch)
- Choose transfer type: Select NEFT, RTGS, or IMPS based on your urgency and amount.
- Enter the amount: Specify how much money you want to transfer.
- Confirm the transaction: Review all details and confirm the transfer, usually with an OTP (One-Time Password) or transaction password.
The IFSC code plays a vital role in directing your funds to the correct destination.
Benefits of Knowing Your IFSC Code
Knowing the correct IFSC code for your bank branch is highly beneficial for several reasons:
- Ensures Accurate Fund Transfers: It guarantees that your money reaches the intended recipient’s bank and branch without misdirection.
- Facilitates Online Transactions: Essential for using NEFT, RTGS, and IMPS for quick and efficient money transfers.
- Reduces Transaction Errors: Using the correct code minimizes the chances of failed transactions or money going to the wrong account.
- Required for Bill Payments: Sometimes needed for specific online bill payments or setting up automatic debits.
- Prevents Delays: Correct information, including the IFSC, helps process transactions smoothly and without unnecessary delays.
Contact Information
For specific inquiries or assistance related to the Bihar Gramin Bank, Sahajitpur branch, you can use the following contact details:
- Branch Phone Number: 9297955275
- Branch Address: Sahajitpur, SARAN, 841422, Bihar
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions
What does IFSC stand for?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies each bank branch in India participating in online fund transfers.
Is the Bihar Gramin Bank part of Punjab National Bank?
Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). This means PNB supports its operations and provides guidance, but Bihar Gramin Bank operates as a regional rural bank. All its IFSC codes start with PUNB.
Can I use an old Uttar Bihar Gramin Bank (UBGB) IFSC code for a transaction?
No, you cannot. Following the merger, all old IFSC codes for Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been revoked. You must use the new unified IFSC code, PUNB0MBGB06, for all Bihar Gramin Bank transactions, including the Sahajitpur branch.
What is the MICR code for Sahajitpur branch?
The MICR (Magnetic Ink Character Recognition) code for the Sahajitpur branch of Bihar Gramin Bank is 800811002. This code is primarily used for clearing paper-based instruments like cheques.
How can I find the IFSC code for another Bihar Gramin Bank branch?
You can find the IFSC code for other Bihar Gramin Bank branches on the bank’s official website, through your net banking portal, or by using reliable third-party financial websites. Always verify the code before initiating a transaction.
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.