Bihar Gramin Bank Kushhar IFSC Code

In the heart of Sheohar district, Bihar, lies the Kushhar branch of Bihar Gramin Bank. If you’re looking to send or receive money digitally, understanding the bank’s Indian Financial System Code, or IFSC, is key. This unique 11-character code is essential for all electronic fund transfers, including methods like NEFT, RTGS, and IMPS, ensuring your money reaches the correct bank and branch without any errors. It acts like a digital address for the branch, making sure every transaction is precise and secure.

Branch Details

Here are the complete details for the Bihar Gramin Bank, Kushhar branch:

Bank Name	Bihar Gramin Bank
Branch Name	Kushhar
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100111
Branch Address	Kushhar, SHEOHAR, 0, 9297954801
Contact Number	9297954801
City	SHEOHAR
District	SHEOHAR
Region	SITAMARHI
Pincode	0
State	Bihar

Merger Update

Bihar Gramin Bank is the result of a significant merger. Previously, there were Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two entities have merged to form the current Bihar Gramin Bank. Importantly, this merged bank now operates under the sponsorship of Punjab National Bank. As part of this transition, all branches, including Kushhar, use a unified IFSC code structure. The single valid IFSC code for Bihar Gramin Bank branches is PUNB0MBGB06.

It’s crucial to understand that any old IFSC codes previously used by Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are now invalid. For any financial transaction with Bihar Gramin Bank, only the new IFSC code, which begins with “PUNB0,” is recognized and will process correctly.

What is an IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is a unique 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify each bank branch participating in online money transfers. This code helps to accurately route transactions to the correct destination bank and branch.

The structure of the IFSC code is straightforward:

• The first four characters represent the bank’s name. For Bihar Gramin Bank under Punjab National Bank, these are “PUNB”.
• The fifth character is always “0” (zero). This is kept as a control character for future use.
• The last six characters identify the specific branch. For the Kushhar branch, these are “MBGB06”.

This organized structure ensures that every branch has its own distinct digital address, preventing errors in financial transactions.

How to Use the IFSC Code

Using the IFSC code is simple when you are initiating an online fund transfer. Here’s how it generally works for different types of transactions:

• For NEFT (National Electronic Funds Transfer): This system allows for nationwide electronic fund transfers on a deferred net settlement basis. When you send money via NEFT, you will need the beneficiary’s bank account number, bank name, and the correct IFSC code. The funds are usually credited to the beneficiary’s account within a few hours.
• For RTGS (Real Time Gross Settlement): RTGS is designed for large-value transactions, where funds are transferred continuously on a “real-time” and “gross” basis. This means the transaction is settled individually as soon as it’s initiated, without netting with other transactions. Like NEFT, you need the beneficiary’s account number, bank name, and the IFSC code to initiate an RTGS transfer.
• For IMPS (Immediate Payment Service): IMPS offers instant 24/7 interbank electronic fund transfer through mobile phones and internet banking. For IMPS, you will typically need the beneficiary’s account number and IFSC code, or their mobile number and MMID (Mobile Money Identifier). The transfer is processed immediately.

In all these cases, after you log into your bank’s online banking portal or mobile app, you navigate to the “fund transfer” section, add the beneficiary’s details, including their bank account number, name, and the crucial IFSC code for their specific branch. Double-checking the IFSC code before confirming the transaction is always a good practice.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for someone you need to pay, offers several important advantages:

• Enables Digital Transfers: It is essential for all major online fund transfer methods like NEFT, RTGS, and IMPS, making banking convenient from anywhere.
• Ensures Accuracy: The unique code helps direct funds to the exact bank and branch, minimizing the risk of funds going to the wrong account.
• Faster Processing: Correct IFSC codes help banks process transactions more quickly and efficiently, leading to quicker credit for the beneficiary.
• Prevents Transaction Failures: An incorrect or old IFSC code can lead to transaction failures, causing delays and inconvenience. Using the current, correct code ensures smooth processing.
• Standardized System: It’s a standard system across all Indian banks, making interbank transactions uniform and reliable.

Contact Information

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

• Kushhar Branch Phone Number: 9297954801
• Kushhar Branch Address: Kushhar, SHEOHAR, 0, 9297954801
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (General Enquiries): 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes and the Bihar Gramin Bank, Kushhar branch:

Q1: What is the IFSC code for Bihar Gramin Bank Kushhar branch?
A1: The IFSC code for Bihar Gramin Bank, Kushhar branch, is PUNB0MBGB06.

Q2: Is PUNB0MBGB06 the only valid IFSC code for Bihar Gramin Bank?
A2: Yes, due to the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank, all branches now use a unified IFSC code structure under Punjab National Bank’s sponsorship, starting with “PUNB0”. Old IFSC codes are no longer valid.

Q3: Why do I need an IFSC code for online transactions?
A3: The IFSC code acts as a unique identifier for each bank branch, ensuring that your online fund transfers (NEFT, RTGS, IMPS) are routed correctly to the intended beneficiary’s bank and branch without errors.

Q4: Can I use the IFSC code for international money transfers?
A4: No, IFSC codes are specifically for domestic transfers within India. For international money transfers, you would typically need a SWIFT code (Society for Worldwide Interbank Financial Telecommunication code).

Q5: What should I do if my transaction fails due to an incorrect IFSC code?
A5: If a transaction fails, first verify the IFSC code you entered against the correct one (PUNB0MBGB06 for Kushhar branch). Correct the code and try the transfer again. If issues persist, contact your bank’s customer service or the specific branch for assistance.