Bihar Gramin Bank Shitalpur Ii IFSC Code

Welcome to Shitalpur Ii, a vibrant locality in the SARAN district of Bihar. When you need to send or receive money, understanding your bank’s Indian Financial System Code, or IFSC, is crucial. This unique code acts like a digital address for bank branches, making sure your funds go exactly where they are supposed to. Whether you’re using National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS), the IFSC code is a vital piece of information that ensures smooth and secure transactions.

Branch Details

Here are the key details for the Bihar Gramin Bank branch located in Shitalpur Ii:

Bank Name	Bihar Gramin Bank
Branch Name	Shitalpur Ii
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108044
Branch Address	Shitalpur Ii, SARAN, 841221, 9297955842
Contact Number	9297955842
City	SARAN
District	SARAN
Reason	CHAPRA
Pincode	841221
State	Bihar

Merger Update

Regional Rural Banks (RRBs) in India have undergone several mergers to streamline operations and enhance financial inclusion. Bihar Gramin Bank is one such entity that has been formed through such consolidations. Specifically, if this branch was previously associated with entities like Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it is important to note that these banks have merged into new, larger entities. Currently, Bihar Gramin Bank operates under the sponsorship of Punjab National Bank.

As a result of these mergers, a unified IFSC code structure has been adopted. For the Shitalpur Ii branch, the valid IFSC code is PUNB0MBGB06. This code signifies its current affiliation under Punjab National Bank (PUNB). It is crucial to understand that any old IFSC codes previously used by UBGB, DBGB, or other pre-merged entities are now revoked and no longer valid for fund transfers. Always use the new and active code, PUNB0MBGB06, for all your transactions involving this branch.

What is an IFSC Code?

The IFSC Code is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify individual bank branches participating in online fund transfers. Think of it as a unique postal code for your bank branch in the digital world. This code helps the banking system direct your money to the correct destination without errors. The 11 characters are structured in a specific way:

• The first four characters represent the bank’s name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank.
• The fifth character is always a zero (0). This digit is reserved for future use and currently acts as a control character.
• The last six characters uniquely identify the specific branch. In this case, “MBGB06” points to the particular branch within Bihar Gramin Bank’s network.

How to Use an IFSC Code

Using the IFSC code is straightforward when you’re making digital fund transfers. Here’s a quick guide for common transaction types:

For NEFT (National Electronic Funds Transfer)

NEFT is a nation-wide electronic fund transfer system. Funds are settled in batches. To send money via NEFT:

1. Log in to your internet banking portal or mobile banking app.
2. Select the “NEFT” option for fund transfer.
3. Add the beneficiary (the person you are sending money to). You will need their name, account number, account type, and the IFSC code (PUNB0MBGB06 for Shitalpur Ii).
4. Enter the amount you wish to transfer.
5. Confirm the details and complete the transaction.

For RTGS (Real Time Gross Settlement)

RTGS handles large-value transactions in real-time, meaning funds are processed immediately. There is usually a minimum transfer amount for RTGS (e.g., ₹2 lakh). The steps are similar to NEFT:

1. Log in to your internet banking portal or mobile banking app.
2. Choose the “RTGS” option for fund transfer.
3. Provide the beneficiary’s details: name, account number, account type, and the IFSC code (PUNB0MBGB06).
4. Input the transfer amount.
5. Review all information carefully and authorize the transfer.

For IMPS (Immediate Payment Service)

IMPS allows for instant, 24/7 fund transfers, even on holidays. It’s often used for smaller, urgent transfers. You can use it via mobile banking or internet banking:

1. Access your mobile banking app or internet banking.
2. Select the “IMPS” option.
3. Enter the beneficiary’s details: name, account number, and the IFSC code (PUNB0MBGB06). Alternatively, you might use their Mobile Number and MMID (Mobile Money Identifier).
4. Specify the amount.
5. Verify the details and proceed with the payment.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code at hand offers several advantages:

• Error-Free Transfers: It ensures your money reaches the right bank and branch, preventing delays or misdirected funds.
• Faster Processing: Accurate IFSC codes facilitate quicker processing of NEFT, RTGS, and IMPS transactions.
• Enhanced Security: By directing funds precisely, it adds a layer of security to your digital banking activities.
• Convenience: You can initiate and receive funds from anywhere, anytime, using online banking platforms.
• Required for Online Banking: It is a mandatory field for almost all online fund transfer systems in India.

Contact Information

For any queries or assistance related to the Bihar Gramin Bank Shitalpur Ii branch, you can use the following contact details:

• Branch Phone Number: 9297955842
• Branch Address: Shitalpur Ii, SARAN, Pincode: 841221, Bihar
• Head Office Address (Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Punjab National Bank): 18001807777 (as Punjab National Bank is the sponsor bank)

Frequently Asked Questions (FAQs)

What is the full form of IFSC?

IFSC stands for Indian Financial System Code.

Is the IFSC code for Bihar Gramin Bank Shitalpur Ii branch always PUNB0MBGB06?

Yes, as of the latest updates and mergers, PUNB0MBGB06 is the correct and valid IFSC code for the Bihar Gramin Bank Shitalpur Ii branch. Old IFSC codes from previous entities are no longer valid.

Can I transfer money using only the bank account number without an IFSC code?

For most online fund transfers like NEFT, RTGS, and IMPS, the IFSC code is mandatory. Some specific internal bank transfers or UPI transactions might not explicitly ask for it, but the underlying system still uses it. It’s always best to have it.

What should I do if my bank branch’s IFSC code is not working?

First, double-check that you have entered the correct code, PUNB0MBGB06. If the issue persists, contact your bank’s customer service or visit the Shitalpur Ii branch directly to confirm the details. There might be a temporary system issue or an update you’re unaware of.

Is there a difference between IFSC and MICR code?

Yes, they are different. The IFSC code (PUNB0MBGB06) is used for online fund transfers (NEFT, RTGS, IMPS). The MICR (Magnetic Ink Character Recognition) code (800811002) is a 9-digit code primarily used for processing cheques. Both identify a bank branch, but for different purposes.