Bihar Gramin Bank Sohilpatti IFSC Code

The Sohilpatti branch of Bihar Gramin Bank, located in the SIWAN district of Bihar, serves as a vital financial hub for local residents and businesses. When you need to transfer money electronically, whether through NEFT, RTGS, or IMPS, understanding the Indian Financial System Code (IFSC) for this specific branch is crucial. This unique code ensures your funds reach the correct recipient bank and branch quickly and securely, preventing any delays or errors in your transactions.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Sohilpatti
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100678
Branch Address	Sohilpatti, SIWAN, 841406, 9297954587
Contact Number	9297954587
City	SIWAN
District	SIWAN
Pincode	841406
State	Bihar

Merger Update

In Bihar, several Regional Rural Banks (RRBs) have undergone mergers to streamline operations and enhance financial services. This includes entities like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These banks, along with others, have been integrated under the sponsorship of Punjab National Bank (PNB) and now operate under a consolidated structure, often referred to through names like Madhya Bihar Gramin Bank.

As a result of these mergers, all branches that were previously part of UBGB, DBGB, or other legacy RRBs now use a single, unified IFSC code for their transactions. For the Sohilpatti branch, which falls under this merged umbrella, the valid IFSC code is PUNB0MBGB06. It is important to note that any old IFSC codes previously associated with UBGB, DBGB, or other predecessor banks have been revoked and are no longer valid for fund transfers. Always use PUNB0MBGB06 for all your electronic banking needs involving the Sohilpatti branch to ensure successful transactions.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code used to identify all bank branches participating in online fund transfers within India. This code is essential for processing electronic transactions like NEFT, RTGS, and IMPS, ensuring that money is directed to the correct bank and specific branch.

The structure of an IFSC code is specific:

• The first four characters represent the bank’s name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Madhya Bihar Gramin Bank.
• The fifth character is always ‘0’ (zero). This character is reserved for future use and currently acts as a control digit.
• The last six characters uniquely identify the specific bank branch. In PUNB0MBGB06, “MBGB06” refers to the Sohilpatti branch of Madhya Bihar Gramin Bank.

How to Use an IFSC Code

Using an IFSC code is a straightforward process when you’re making an electronic fund transfer. Here’s how it typically works for different types of transactions:

For NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement):

1. Log in to your online banking portal or mobile banking app.
2. Navigate to the “Fund Transfer” or “Payments” section.
3. Select “Add New Beneficiary” or “Manage Payees.”
4. Enter the beneficiary’s name, account number, and confirm the account number.
5. Input the correct IFSC code for the beneficiary’s bank branch – in this case, PUNB0MBGB06 for Bihar Gramin Bank, Sohilpatti.
6. The system will usually auto-populate the bank and branch name once the IFSC is entered.
7. Enter the amount you wish to transfer and complete the transaction.

For IMPS (Immediate Payment Service):

1. Access your mobile banking app or internet banking.
2. Choose the “IMPS” option for fund transfer.
3. You might have options to transfer using account number + IFSC, or mobile number + MMID (Mobile Money Identifier). For IFSC-based transfer, select the former.
4. Enter the beneficiary’s account number and the IFSC code (PUNB0MBGB06).
5. Specify the amount and confirm the transaction. IMPS provides instant transfers, even on holidays.

Always double-check the IFSC code, account number, and beneficiary name before confirming any transfer to avoid errors.

Benefits of Knowing Your IFSC Code

Understanding and having the correct IFSC code readily available offers several important benefits:

• Accurate Fund Transfers: It ensures your money goes to the precise bank and branch, minimizing the risk of funds being sent to the wrong account.
• Enables Digital Transactions: The IFSC is mandatory for all major electronic fund transfer systems in India, including NEFT, RTGS, and IMPS. Without it, these digital transfers cannot be processed.
• Time-Saving: Having the correct code handy prevents delays and allows for swift completion of online transactions.
• Enhanced Security: By precisely identifying the destination branch, the IFSC adds an extra layer of security and verification to your financial transactions.
• Required for Bill Payments and Salaries: Many online bill payment systems, salary transfers, and recurring payments require the IFSC for setup.

Contact Information

For any banking inquiries or assistance related to the Sohilpatti branch of Bihar Gramin Bank, you can use the following contact details:

• Branch Phone Number: 9297954587
• Branch Address: Sohilpatti, SIWAN, 841406, Bihar
• 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: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A1: No, each individual bank branch has its own unique IFSC code. While the first few characters (PUNB0MBG) might be similar for branches under the Madhya Bihar Gramin Bank umbrella, the last six characters will differ to identify the specific branch.

Q2: What happens if I use an incorrect or old IFSC code for a transfer?
A2: If you use an incorrect or revoked IFSC code, your transaction will likely fail. The system will reject the transfer, and you will receive an error message or the funds will be returned to your account. It’s crucial to always use the most current and accurate IFSC code, especially after bank mergers.

Q3: Is the fifth character of an IFSC code always zero?
A3: Yes, the fifth character of any IFSC code is always ‘0’ (zero). This is a standard part of the code’s structure, reserved for future use.

Q4: Can I find the IFSC code on my chequebook?
A4: Yes, the IFSC code for your branch is typically printed on your chequebook, usually on the leaf near the bank account number and cheque number. It’s also available on your bank’s website, mobile app, or by contacting customer service.

Q5: Do I need an IFSC code for cash deposits or withdrawals at the branch?
A5: No, an IFSC code is specifically required for electronic fund transfers (NEFT, RTGS, IMPS) between different banks or branches. For cash deposits or withdrawals directly at your own branch, you only need your account number and identity verification.