Bihar Gramin Bank Abgil IFSC Code

Bihar Gramin Bank’s Abgil branch, located in Sheikhpura, Bihar, is an important hub for local financial activities. Whether you need to send money to family, receive payments, or manage your funds, understanding its IFSC (Indian Financial System Code) is crucial. This unique code acts like a digital address, ensuring that your money transfers through systems like NEFT, RTGS, and IMPS go to the correct bank and branch without errors.

Branch Details Table

Here are the essential details for the Bihar Gramin Bank, Abgil branch:

Bank Name	Bihar Gramin Bank
Branch Name	Abgil
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3322
Branch Address	Abgil, Sheikhpura, 811105, 7061383140
Contact Number	7061383140
City	Sheikhpura
District	Sheikhpura
Pincode	811105
State	Bihar

Merger Update

It’s important to know about a significant change regarding Bihar Gramin Bank. Previously, there were two distinct regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have merged to form a single entity, which is now known as Bihar Gramin Bank.

Bihar Gramin Bank operates under the sponsorship of Punjab National Bank. As a result of this merger, all branches of the former UBGB and DBGB now use a unified IFSC code structure. For the Abgil branch, and indeed for all branches under Bihar Gramin Bank, the valid IFSC code is PUNB0MBGB06.

If you have any old IFSC codes that started with “UBGB” or “DBGB,” please be aware that these codes have been revoked and are no longer valid for any financial transactions. Always use the new, standardized IFSC code PUNB0MBGB06 to ensure your money transfers are successful and correctly routed.

What is IFSC Code?

The IFSC Code stands for Indian Financial System Code. It’s an 11-character alphanumeric code that uniquely identifies every bank branch participating in India’s online money transfer systems like NEFT, RTGS, and IMPS. Think of it as a unique address for a bank branch in the digital world.

The structure of an IFSC code is quite specific:

• The first four characters are alphabetic and represent the bank name. For Bihar Gramin Bank, sponsored by Punjab National Bank, these are “PUNB”.
• The fifth character is always a zero (0). This character is reserved for future use and helps maintain uniqueness.
• The last six characters are typically numeric (but can be alphanumeric) and identify the specific bank branch. For the Abgil branch, these are “MBGB06”.

So, for Bihar Gramin Bank, Abgil branch, the code PUNB0MBGB06 breaks down as: PUNB (Punjab National Bank sponsor), 0 (placeholder), MBGB06 (Abgil branch identifier).

How to Use IFSC Code

Using the IFSC code is simple when you’re making an online money transfer. Here are the steps you’d typically follow for NEFT, RTGS, or IMPS:

1. Log In to Your Net Banking or Mobile Banking App: Access your bank’s online platform.
2. Select Transfer Option: Choose “Fund Transfer,” “Send Money,” or a similar option.
3. Add a New Beneficiary (if not already added): If you’re sending money to someone for the first time, you’ll need to add their details.
4. Enter Beneficiary Details: Provide the recipient’s name, their bank account number, and confirm it.
5. Input the IFSC Code: This is where you enter PUNB0MBGB06 for transfers to the Bihar Gramin Bank, Abgil branch. Your banking system will often auto-populate the bank and branch name once you enter a valid IFSC.
6. Enter Amount and Purpose: Specify how much money you want to send and add a remark or purpose for the transfer.
7. Confirm Transaction: Review all the details carefully, then confirm the transfer using your password or OTP (One-Time Password).

The IFSC code ensures that your funds are directed precisely to the intended recipient’s bank and branch, making the transaction secure and efficient.

Benefits

Knowing and using the correct IFSC code offers several important benefits for your financial transactions:

• Accurate Fund Transfers: It guarantees that your money reaches the correct bank and specific branch, minimizing errors.
• Faster Transactions: IFSC codes enable quick processing of online transfers like NEFT, RTGS, and IMPS, often within minutes.
• Enhanced Security: By uniquely identifying each branch, it adds a layer of security, reducing the risk of fraud in digital transactions.
• Convenience: You can send or receive money from anywhere, at any time, without needing to visit a physical bank branch.
• Essential for Online Banking: It’s a mandatory piece of information for almost all digital money transfer methods in India.

Contact Section

If you need to get in touch with Bihar Gramin Bank, Abgil branch, or the head office, here are the contact details:

• Abgil Branch Phone Number: 7061383140
• Abgil Branch Address: Abgil, Sheikhpura, 811105, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

FAQs

Here are some common questions about the Bihar Gramin Bank Abgil IFSC code:

Q1: Is PUNB0MBGB06 the only IFSC code for Bihar Gramin Bank branches?

A: No, PUNB0MBGB06 is the specific IFSC code for the Abgil branch. While the first five characters (PUNB0) are common across all Bihar Gramin Bank branches (due to Punjab National Bank’s sponsorship), the last six characters will vary for each individual branch to uniquely identify it.

Q2: What happens if I use an old UBGB or DBGB IFSC code for a transfer?

A: If you try to use an old IFSC code from the former Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank, your transaction will likely fail. The system will recognize that the code is no longer valid, and your funds will not be transferred. Always use the current, unified PUNB0MBGB06 for the Abgil branch or the correct new code for any other Bihar Gramin Bank branch.

Q3: Do I need the IFSC code for all types of transactions?

A: You primarily need the IFSC code for inter-bank online fund transfers such as NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). For cash deposits or withdrawals at the branch, or transfers within the same bank using account numbers only, the IFSC code is not typically required.

Q4: Where can I verify the IFSC code for other Bihar Gramin Bank branches?

A: You can usually find the correct IFSC code on the bank’s official website, on your passbook or chequebook, or by contacting the specific branch directly. Reputable third-party financial websites also list these codes, but it’s always best to cross-reference with an official source.

Q5: What is the purpose of the MICR code, and is it related to IFSC?

A: The MICR (Magnetic Ink Character Recognition) code is a 9-digit code found on cheque leaves. It is used for processing physical cheques. While both IFSC and MICR codes identify a bank branch, they serve different purposes. IFSC is for online digital transfers, and MICR is for cheque clearing. They are distinct codes but both identify the same branch.