Bihar Gramin Bank Chhatapur IFSC Code

If you need to send or receive money from the Bihar Gramin Bank branch located in Chhatapur, Supaul, Bihar, understanding its Indian Financial System Code (IFSC) is essential. This unique code is crucial for secure and quick fund transfers through systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). Without the correct IFSC, these digital transactions cannot be completed, ensuring your money reaches the right account.

Branch Details

Here are the specific details for the Bihar Gramin Bank, Chhatapur branch:

Bank Name	Bihar Gramin Bank
Branch Name	Chhatapur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100696
Branch Address	Chhatapur, SUPAUL, 852108, 9297954244
Contact Number	9297954244
City	SUPAUL
District	SUPAUL
Region	SAHARSA
Pincode	852108
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank was formed as a result of the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this merger, the bank now operates under the sponsorship of Punjab National Bank (PNB). All branches of the newly formed Bihar Gramin Bank, including the Chhatapur branch, now use a unified IFSC code structure, which begins with “PUNB”.

It is important to note that the old IFSC codes previously used by Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank branches are no longer valid. For any transactions with Bihar Gramin Bank branches, you must use the new unified IFSC code, such as PUNB0MBGB06 for the Chhatapur branch. Using an outdated IFSC code will lead to transaction failure.

What is an IFSC Code?

An IFSC code stands for Indian Financial System Code. It is an 11-character alpha-numeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch participating in online fund transfers. This code helps to route transactions to the correct bank and branch across India.

The 11 characters of an IFSC code have a specific structure:

• The first four characters identify the bank. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always a “0” (zero). This character is reserved for future use.
• The last six characters identify the specific branch. In our example, “MBGB06” uniquely identifies the Chhatapur branch of Bihar Gramin Bank.

Understanding this structure helps you verify that you have the correct code for your transaction.

How to Use an IFSC Code

The IFSC code is crucial for various types of digital fund transfers. Here’s how you typically use it:

1. For NEFT (National Electronic Funds Transfer): This system allows for nationwide electronic fund transfers on a deferred net settlement basis. When setting up a beneficiary for NEFT, you will need the beneficiary’s name, account number, bank name, and the correct IFSC code.
2. For RTGS (Real Time Gross Settlement): RTGS is designed for large-value transactions, where funds are settled individually and continuously on a real-time basis. Similar to NEFT, you’ll provide the beneficiary’s details, including their IFSC code, to initiate an RTGS transfer.
3. For IMPS (Immediate Payment Service): IMPS allows for instant, 24/7 interbank electronic fund transfers through mobile phones and internet banking. For an IMPS transaction, you will typically need the beneficiary’s mobile number and MMID (Mobile Money Identifier) or their account number and IFSC code.

When performing any of these transactions, always double-check the IFSC code along with the account number to prevent transferring money to the wrong person or bank.

Benefits of Knowing Your IFSC Code

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

• It enables smooth and error-free online fund transfers.
• It ensures your money reaches the intended recipient’s specific bank branch.
• It is mandatory for all major electronic payment systems in India (NEFT, RTGS, IMPS).
• It provides a unique identification for your bank branch, enhancing security for transactions.
• It speeds up the process of adding new beneficiaries for future transfers.

Contact Information

If you need to get in touch with Bihar Gramin Bank, here are the relevant contact details:

• Chhatapur Branch Phone Number: 9297954244
• Chhatapur Branch Address: Chhatapur, SUPAUL, 852108, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: Is PUNB0MBGB06 the only valid IFSC for Bihar Gramin Bank branches?

A: No, PUNB0MBGB06 is the valid IFSC code specifically for the Chhatapur branch of Bihar Gramin Bank. Other branches will have different last six characters in their IFSC code, reflecting their unique branch identifier, but they will all start with “PUNB0”.

Q2: What happens if I use an old Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) IFSC code?

A: If you attempt to use an old UBGB or DBGB IFSC code for a transaction, the transfer will likely fail. This is because these codes have been revoked following the merger that formed Bihar Gramin Bank. You must use the new, unified IFSC code starting with “PUNB” for all transactions.

Q3: Can I use the IFSC code for international transfers?

A: No, the IFSC code is specifically for domestic fund transfers within India. For international money transfers, you would typically need a SWIFT (Society for Worldwide Interbank Financial Telecommunication) code, also known as a BIC (Bank Identifier Code).

Q4: Where can I find the IFSC code for other Bihar Gramin Bank branches?

A: You can find the IFSC code for other branches on the official Bihar Gramin Bank website, the Punjab National Bank website (as it’s the sponsoring bank), your bank passbook, or by using reliable online IFSC code directories. You can also contact the specific branch directly.

Q5: What is the full name of the bank associated with the IFSC code PUNB0MBGB06?

A: While the branch belongs to Bihar Gramin Bank, the “PUNB” in the IFSC code signifies its sponsorship by Punjab National Bank. This means the bank operates under the regulatory and operational framework provided by Punjab National Bank.