Bihar Gramin Bank Mairwa IFSC Code

When you need to send or receive money at the Bihar Gramin Bank branch in Mairwa, SIWAN, Bihar, understanding the IFSC code is key. This unique code acts like a digital address for bank branches across India. It is essential for various electronic fund transfers such as NEFT, RTGS, and IMPS, ensuring your money reaches the correct destination quickly and securely.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Mairwa
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108020
Branch Address	Mairwa, SIWAN, 841239
Contact Number	9297955858
City	SIWAN
District	SIWAN
Region	SIWAN
Pincode	841239
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank is a Regional Rural Bank sponsored by Punjab National Bank. In a move to strengthen and streamline rural banking services, many regional rural banks, including previous entities like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), have undergone mergers. These consolidations have led to the formation of larger entities such as Bihar Gramin Bank, now operating under the sponsorship of Punjab National Bank.

Due to these mergers and restructuring, a unified system for IFSC codes has been put in place. The Mairwa branch of Bihar Gramin Bank now uses the IFSC code PUNB0MBGB06. This code clearly indicates its sponsorship by Punjab National Bank (PUNB) and signifies the branch’s identity within the new structure. It is important to note that any old IFSC codes previously used by banks like UBGB or DBGB for their branches are now revoked and no longer valid for transactions. Always use the current and unified IFSC code, PUNB0MBGB06, for all your fund transfer needs to and from the Mairwa branch.

What is an IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alpha-numeric code that uniquely identifies every bank branch in India. It’s designed to make electronic fund transfers secure and error-free. Here’s how the code for Bihar Gramin Bank, Mairwa (PUNB0MBGB06) breaks down:

• The first four characters (PUNB) represent the bank. In this case, ‘PUNB’ stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always ‘0’ (zero). This character is reserved for future use and helps differentiate the bank code from the branch code.
• The last six characters (MBGB06) represent the specific branch. ‘MBGB06’ identifies the Mairwa branch of Bihar Gramin Bank.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code is simple and crucial for various digital payment methods:

For NEFT (National Electronic Funds Transfer):

1. Log in to your bank’s online banking portal or mobile app.
2. Go to the ‘Fund Transfer’ section.
3. Select ‘NEFT’.
4. Add a new beneficiary (the person you want to send money to). You will need their name, account number, account type, and the IFSC code of their bank branch (PUNB0MBGB06 for Mairwa).
5. Once the beneficiary is added, you can initiate the transfer by entering the amount.

For RTGS (Real Time Gross Settlement):

1. Access your online banking or mobile app.
2. Choose ‘RTGS’ from the ‘Fund Transfer’ options.
3. Provide the beneficiary details, including their name, account number, account type, and the IFSC code (PUNB0MBGB06). RTGS is typically used for high-value transactions.
4. Enter the amount you wish to transfer and confirm.

For IMPS (Immediate Payment Service):

1. Open your mobile banking app or use a UPI-enabled app.
2. Select ‘IMPS’ for instant fund transfer.
3. You can transfer using the beneficiary’s Mobile Number and MMID (Mobile Money Identifier) or by using their Account Number and IFSC code (PUNB0MBGB06).
4. Enter the amount and complete the transaction. IMPS provides instant transfers even on holidays.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code at hand offers several advantages:

• Error-Free Transfers: It ensures that your money is sent to the precise bank and branch, minimizing the risk of funds being transferred to the wrong account.
• Faster Processing: Correct IFSC codes help banks process your NEFT, RTGS, and IMPS transactions more quickly and efficiently.
• Security: The unique identification helps in tracking transactions, adding a layer of security to your financial dealings.
• Mandatory for Digital Transactions: For almost all electronic fund transfers within India, providing the correct IFSC code is a mandatory requirement.
• Branch Identification: It serves as a clear identifier for a specific bank branch, which is useful when dealing with multiple branches of the same bank.

Contact Information

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

• Branch Phone Number: 9297955858
• Branch Address: Mairwa, SIWAN, 841239
• 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 and Bihar Gramin Bank:

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

Q2: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A2: No, the first five characters (PUNB0) are common for all Bihar Gramin Bank branches under Punjab National Bank sponsorship. However, the last six characters are unique to each specific branch. So, while Mairwa has PUNB0MBGB06, another branch would have a different six-character ending.

Q3: Can I use an old IFSC code from a merged bank like UBGB or DBGB?
A3: No. Following the mergers and consolidation, old IFSC codes from previous entities like Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) are no longer valid. You must use the current IFSC code, such as PUNB0MBGB06, for all transactions with Bihar Gramin Bank.

Q4: What happens if I enter an incorrect IFSC code during a transaction?
A4: If you enter an incorrect IFSC code, your transaction will likely fail immediately, and the funds will not be debited from your account. In some rare cases, if the incorrect code belongs to an actual branch, the funds might be credited there, which can lead to delays and complications in getting your money back. Always double-check the IFSC code.

Q5: Where can I find the IFSC code for my Bihar Gramin Bank branch?
A5: You can find your branch’s IFSC code on your cheque book, bank passbook, or by visiting the bank’s official website. You can also contact the branch directly using the provided phone number.