Bihar Gramin Bank Sadikpur IFSC Code

The Bihar Gramin Bank has a branch located in Sadikpur, within the Sheikhpura district of Bihar. When you need to transfer money electronically, such as through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), a special code is required. This code is known as the IFSC (Indian Financial System Code). It helps identify the exact bank and branch that will receive your funds, making sure your money goes to the right place quickly and securely.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Sadikpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3318
Branch Address	Sadikpur, Sheikhpura, 811101, 7061383151
Contact Number	7061383151
City	Sheikhpura
District	Sheikhpura
Reason	NAWADA
Pincode	811101
State	Bihar

Merger Update

You might recall banks like Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB). These two banks have merged to form Bihar Gramin Bank. As a result of this merger, all their banking operations now fall under the sponsorship of Punjab National Bank. This means that any old IFSC codes used by UBGB or DBGB are no longer valid. For transactions with the Sadikpur branch of Bihar Gramin Bank, the single, new IFSC code to use is PUNB0MBGB06. It’s crucial to use only this new code for all your electronic fund transfers to ensure they are processed correctly.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character code used to identify all bank branches that participate in India’s electronic fund transfer system. Think of it as a unique digital address for each bank branch.

The code is structured in a specific way:

• The first four characters identify the bank. For example, “PUNB” in PUNB0MBGB06 stands for Punjab National Bank, which sponsors Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific branch. In our case, “MBGB06” uniquely identifies the Sadikpur branch of Bihar Gramin Bank.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you’re sending money electronically. Whether you’re using NEFT, RTGS, or IMPS through your bank’s online portal or mobile app, the steps are generally the same:

1. Log in to your internet banking or mobile banking application.
2. Select the option for fund transfer (e.g., NEFT, RTGS, IMPS).
3. Add a new beneficiary or select an existing one.
4. Enter the beneficiary’s details, including their full name, account number, and the IFSC code for their branch. For the Sadikpur branch, this would be PUNB0MBGB06.
5. Double-check the beneficiary’s account number and the IFSC code to avoid errors.
6. Enter the amount you wish to transfer.
7. Add any optional remarks, like a purpose for the transfer.
8. Confirm the transaction. Your bank may ask for an OTP (One Time Password) to complete the transfer.

Always verify the IFSC code with the beneficiary or from official bank sources to prevent any transfer issues.

Benefits of Knowing IFSC Code

Knowing the correct IFSC code offers several important benefits:

• It ensures that your electronic fund transfers, like NEFT, RTGS, and IMPS, reach the correct beneficiary account at the right bank branch without delay.
• It helps prevent common errors that can occur during manual transactions.
• The system provides a secure way to move money between different banks across India.
• It is a mandatory part of India’s standardized system for interbank electronic transactions, ensuring consistency and reliability.
• Using the correct IFSC code simplifies online transactions, making them quicker and more efficient.

Contact Information

If you need to get in touch with the bank for the Sadikpur branch or its main office, here are the details:

• Sadikpur Branch Phone Number: 7061383151
• Sadikpur Branch Address: Sadikpur, Sheikhpura, 811101
• 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 the Bihar Gramin Bank Sadikpur IFSC code:

What is the IFSC for Bihar Gramin Bank, Sadikpur branch?
The IFSC code for the Bihar Gramin Bank, Sadikpur branch is PUNB0MBGB06.

Why is an IFSC code important for bank transfers?
The IFSC code is crucial because it uniquely identifies the specific bank branch where the beneficiary holds their account. It ensures your money goes to the correct destination during electronic transfers like NEFT, RTGS, and IMPS.

What happens if I use an incorrect IFSC code?
If you use an incorrect IFSC code, your fund transfer will likely fail. The system will not be able to identify the intended recipient branch, and the transaction will be rejected or returned to your account. This can cause delays in your payment.

Is the Sadikpur branch part of a merged bank?
Yes, Bihar Gramin Bank is the result of a merger involving banks like Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank. The current IFSC code, PUNB0MBGB06, is the valid code to use for this entity, operating under the sponsorship of Punjab National Bank.

Where can I find the IFSC code for my branch?
You can typically find your bank’s IFSC code on your cheque book, bank passbook, your bank’s official website, or through your internet banking portal. Many reliable financial websites also provide IFSC code look-up tools.