Bihar Gramin Bank Kabirpur IFSC Code

The Bihar Gramin Bank branch in Kabirpur, located in the Siwan district of Bihar, serves a vital role for local residents and businesses. Understanding its Indian Financial System Code (IFSC) is crucial for smooth and secure online money transfers. The IFSC code acts like a unique digital address for the branch, making sure that funds transferred through systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service) reach the correct bank and branch without any issues.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Kabirpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100661
Branch Address	Kabirpur, SIWAN, 841239
Contact Number	9931799933
City	SIWAN
District	SIWAN
Pincode	841239
State	Bihar

Merger Update

Previously, Bihar had various regional rural banks. For enhanced operational efficiency and better service delivery, Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) merged to form a single, stronger entity: Bihar Gramin Bank. This new bank operates under the sponsorship of Punjab National Bank.

As a result of this merger, all older IFSC codes associated with UBGB and DBGB branches have been revoked and are no longer valid for financial transactions. For any fund transfers to branches of Bihar Gramin Bank, including the Kabirpur branch, you must use the new and unified IFSC code, which is PUNB0MBGB06. Using an old or incorrect IFSC code will lead to transaction failure or delays.

What is an IFSC Code?

The IFSC, or Indian Financial System Code, is an 11-character alphanumeric code used to identify bank branches participating in online money transfers. Each character serves a specific purpose:

• First four characters: These represent the bank name. For the Kabirpur branch’s IFSC, PUNB stands for Punjab National Bank, the sponsoring bank for Bihar Gramin Bank.
• Fifth character: This is always a zero (0). It is kept as a control character for future use.
• Last six characters: These uniquely identify the specific bank branch. In PUNB0MBGB06, MBGB06 identifies the Kabirpur branch.

This standardized structure ensures that every branch has a distinct code, making electronic fund transfers accurate and reliable.

How to Use an IFSC Code

Using an IFSC code for online money transfers is a straightforward process. Here are the steps you typically follow when initiating transactions via NEFT, RTGS, or IMPS:

1. Log in to your bank’s online banking platform or mobile app: Access the section for funds transfer.
2. Select the transfer type: Choose between NEFT, RTGS, or IMPS, depending on the amount and urgency of your transfer.
3. Add a new beneficiary (if not already added): You will need to provide the recipient’s details.
4. Enter beneficiary details:
   • Recipient’s Bank Account Number
   • Recipient’s Bank Name (e.g., Bihar Gramin Bank)
   • Recipient’s Branch Name (e.g., Kabirpur)
   • Recipient’s IFSC Code (e.g., PUNB0MBGB06)
   • Recipient’s Name
5. Enter the amount: Specify how much money you want to transfer.
6. Review and confirm: Double-check all the details, especially the IFSC code and account number, before confirming the transaction.

Once confirmed, the funds will be processed and transferred to the recipient’s account.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch offers several practical advantages:

• Enables Electronic Transfers: It is essential for initiating or receiving funds through NEFT, RTGS, and IMPS, allowing for quick and secure digital transactions.
• Ensures Accuracy: The unique code prevents funds from being sent to the wrong bank or branch, reducing errors and saving time.
• Facilitates Inter-Bank Transactions: It allows seamless money movement between accounts held at different banks across India.
• Saves Time and Effort: Eliminates the need for physical visits to the bank for deposits or withdrawals, offering convenience from anywhere.
• Required for Bill Payments: Many online bill payment platforms and financial services ask for an IFSC code to link your bank account.

Contact Information

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

• Kabirpur Branch Phone Number: 9931799933
• Kabirpur Branch Address: Kabirpur, SIWAN, 841239, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes:

Q1: What does IFSC stand for?
A1: IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies each bank branch for electronic transactions.

Q2: Is the 5th character of an IFSC code always zero?
A2: Yes, the fifth character of an IFSC code is always zero. It is a control character reserved for future use.

Q3: Can I transfer money without an IFSC code?
A3: For electronic fund transfers like NEFT, RTGS, or IMPS, an IFSC code is mandatory. Without it, the system cannot correctly route the funds to the intended bank and branch.

Q4: What happens if I use an incorrect or old IFSC code?
A4: If you use an incorrect or an old (revoked) IFSC code, your transaction will likely fail. The system will not be able to identify the correct destination branch, and the funds will not be transferred. In some cases, it might lead to delays or the need for reconciliation.

Q5: How can I verify an IFSC code?
A5: You can verify an IFSC code through several methods: check your bank’s passbook or cheque book, visit the official website of your bank, or use the IFSC code lookup tools available on various financial websites. Always confirm the code before making a transfer.