This article provides details about the Indian Financial System Code (IFSC) for the Bihar Gramin Bank, Kanhauli 1st branch, located in Siwan, Bihar. Understanding your branch’s IFSC code is crucial for all electronic fund transfers. Whether you are sending money through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the correct IFSC ensures your funds reach the intended recipient without delays or errors.
Branch Details
Here are the key details for the Bihar Gramin Bank, Kanhauli 1st branch:
| Bank Name | Bihar Gramin Bank |
| Branch Name | Kanhauli 1St |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100646 |
| Branch Address | Kanhauli 1St, SIWAN, 841236, 9297954451 |
| Contact Number | 9297954451 |
| City | SIWAN |
| District | SIWAN |
| Region | SIWAN |
| Pincode | 841236 |
| State | Bihar |
Merger Update for Regional Rural Banks (RRBs)
The IFSC code PUNB0MBGB06 reflects a significant consolidation effort by Punjab National Bank (PNB) for the Regional Rural Banks it sponsors. PNB manages several RRBs across different states.
To streamline banking operations and simplify financial transactions, various RRBs sponsored by PNB have undergone mergers. A key example of this process involved the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These banks, along with others, were consolidated, leading to a unified structure under PNB’s sponsorship.
As a result of such consolidations, Bihar Gramin Bank, which is also sponsored by Punjab National Bank, now uses the common IFSC code PUNB0MBGB06 for its branches, including Kanhauli 1st. This standardized code helps in efficient fund transfers across the merged entities.
It is important to note that any old IFSC codes specific to previous regional rural banks (before their consolidation under PNB sponsorship) have been revoked. For any electronic fund transfers, only the new, unified IFSC code PUNB0MBGB06 is valid and should be used.
What is an IFSC Code?
An IFSC (Indian Financial System Code) is an 11-character alpha-numeric code that uniquely identifies all bank branches participating in electronic fund transfers in India. It is essential for online banking transactions like NEFT, RTGS, and IMPS.
The structure of the IFSC code PUNB0MBGB06 breaks down as follows:
- The first four characters, PUNB, identify the bank, which is Punjab National Bank (PNB). PNB is the sponsoring bank for Bihar Gramin Bank.
- The fifth character is always a zero (0). This character is reserved for future use and acts as a control digit.
- The last six characters, MBGB06, specifically identify the branch. Here, ‘MBGB’ refers to a consolidated Regional Rural Bank entity (like Madhyanchal Gramin Bank, often used for PNB-sponsored RRB consolidations), and ’06’ denotes the specific branch code within that consolidated entity. For Kanhauli 1st, its branch code within this system is 100646, which is incorporated into the last six digits.
How to Use the IFSC Code
Using the IFSC code is a straightforward process when you are making online fund transfers. Here’s how you typically use it for NEFT, RTGS, and IMPS:
- Log in to your net banking or mobile banking app: Access your bank’s online platform.
- Select the fund transfer option: Choose NEFT, RTGS, or IMPS, depending on the urgency and amount of your transfer.
- Add a new beneficiary: If you haven’t transferred money to this person or business before, you will need to add them as a new beneficiary.
- Enter beneficiary details:
- Beneficiary Account Number (double-check this carefully).
- Beneficiary Name.
- Beneficiary Bank Name (Bihar Gramin Bank).
- Beneficiary Branch Name (Kanhauli 1st).
- Beneficiary IFSC Code: PUNB0MBGB06.
- Confirm and proceed: After adding the beneficiary, you can select them from your list, enter the amount you wish to transfer, and complete the transaction.
Always double-check the IFSC code and account number before confirming any transaction to avoid sending money to the wrong account.
Benefits of Knowing Your IFSC Code
Knowing the correct IFSC code for Bihar Gramin Bank, Kanhauli 1st branch, offers several practical advantages:
- Seamless Fund Transfers: It enables quick and error-free electronic transfers via NEFT, RTGS, and IMPS.
- Accurate Bank Identification: The code precisely identifies your specific bank and branch, preventing misdirection of funds.
- Receiving Payments: You need to provide your branch’s IFSC code to others if they need to send money to your account electronically.
- Online Transactions: Many online payment gateways and financial services require an IFSC code for various banking operations.
- Security and Reliability: Using the correct IFSC adds a layer of security, ensuring funds are routed through the official banking network.
Contact Information
For any queries or assistance related to Bihar Gramin Bank, Kanhauli 1st branch, or its services, you can use the following contact details:
- Branch Phone Number: 9297954451
- Branch Address: Kanhauli 1St, SIWAN, 841236, Bihar
- Head Office Address (Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number (Punjab National Bank): 18001807777 (as PNB is the sponsoring bank)
Frequently Asked Questions (FAQs)
What is the full name of the bank for the IFSC PUNB0MBGB06?
The IFSC PUNB0MBGB06 is used by Regional Rural Banks (RRBs) sponsored by Punjab National Bank. In this case, it’s for Bihar Gramin Bank. The ‘PUNB’ indicates Punjab National Bank as the sponsor, and ‘MBGB’ often stands for consolidated RRB entities like Madhyanchal Gramin Bank, which is used for standardized IFSCs across various PNB-sponsored RRBs.
Is PUNB0MBGB06 the correct IFSC for all Bihar Gramin Bank branches?
No, not necessarily for *all* branches. While many branches of Bihar Gramin Bank use IFSCs under the PNB sponsorship with a similar structure, the last six characters (MBGB06) specifically identify the Kanhauli 1st branch. Other branches will have different last six characters, although the first five (PUNB0) might remain the same if they fall under the same consolidated RRB structure sponsored by PNB.
Can I use an old IFSC code if I don’t have the new one?
No, you should not use old IFSC codes. Following the mergers and consolidations of Regional Rural Banks sponsored by Punjab National Bank, many old IFSC codes have been revoked. Only the new, unified IFSC code like PUNB0MBGB06 is valid for electronic fund transfers for the Kanhauli 1st branch. Using an outdated code will result in transaction failure.
What should I do if my online transfer fails due to an incorrect IFSC code?
If your online transfer fails, it’s usually because the IFSC code or account number was incorrect. First, verify the IFSC code for Bihar Gramin Bank, Kanhauli 1st (PUNB0MBGB06) and the beneficiary’s account number. Then, try the transaction again. If problems persist, contact your bank’s customer service or the Bihar Gramin Bank branch directly using the provided contact details.
Is the MICR code also necessary for online transfers?
No, the MICR (Magnetic Ink Character Recognition) code is not typically required for online electronic fund transfers like NEFT, RTGS, or IMPS. The MICR code is primarily used for processing physical cheques. For online transactions, the IFSC code and account number are sufficient.
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.