To send money electronically to or from the Bihar Gramin Bank branch in Ithari, located in the Supaul district of Bihar, you need a special code. This code is known as the Indian Financial System Code, or IFSC. It is essential for making secure and fast online transactions like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, your money transfer simply cannot go through to the right bank and branch.

Bihar Gramin Bank Ithari IFSC Code

Branch Details Table

Here are the key details for the Bihar Gramin Bank Ithari branch:

Bank Name	Bihar Gramin Bank
Branch Name	Ithari
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100846
Branch Address	Ithari, SUPAUL, 852214, Bihar
Contact Number	9297954246
City	Supaul
District	Supaul
Region	Saharsa
Pincode	852214
State	Bihar

Merger Update: Bihar Gramin Bank

It’s important to understand the history of Bihar Gramin Bank. This bank was formed through a significant merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). After this merger, all branches, including Ithari, now operate under a single, unified structure. The bank is sponsored by Punjab National Bank (PNB).

Due to this merger, all previous IFSC codes associated with Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been revoked. This means they are no longer valid for any banking transactions. For all fund transfers to any branch of Bihar Gramin Bank, including the Ithari branch, you must use the new and current IFSC code: PUNB0MBGB06. Using an old code will result in your transaction being rejected.

Understanding the IFSC Code

The IFSC Code is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online money transfers within India. Think of it like a digital address for a specific bank branch.

Here’s how the 11 characters break down, using our example PUNB0MBGB06:

• The first four characters represent the bank’s name. In this case, “PUNB” stands for Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always a “0” (zero). This is a control character reserved for future use.
• The last six characters uniquely identify the specific bank branch. For the Ithari branch, this is “MBGB06”. These characters ensure your money reaches the exact branch you intend.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code is a straightforward process when you want to send money using NEFT, RTGS, or IMPS. Here are the general steps:

1. Log in: Access your net banking portal or mobile banking app. If you prefer offline, you can visit your bank branch and fill out a fund transfer form.
2. Select Transfer Type: Choose the type of transfer you wish to make – NEFT, RTGS, or IMPS.
3. Add Beneficiary: If you haven’t sent money to this person before, you’ll need to add them as a beneficiary. This involves providing their full name, account number, account type (savings or current), and critically, the correct IFSC code for their bank branch (PUNB0MBGB06 for Bihar Gramin Bank Ithari).
4. Enter Amount: Specify the amount of money you wish to transfer.
5. Confirm and Send: Review all the details carefully to ensure they are correct, especially the account number and IFSC code. Then, confirm the transaction.

Always double-check the IFSC code and account number before confirming any transaction to prevent misdirection of funds.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for someone you wish to send money to, offers several important benefits:

• It enables fast and secure electronic fund transfers across different banks and branches in India.
• It ensures that your funds are directed to the precise bank branch of the beneficiary, minimizing errors.
• The IFSC code is mandatory for all major electronic payment systems like NEFT, RTGS, and IMPS, making online banking possible.
• Using the correct IFSC helps avoid transaction failures and delays that can occur with incorrect banking details.
• It simplifies the process of receiving payments from others, as they only need this code and your account number.

Contact Information

• Bihar Gramin Bank, Ithari Branch Phone Number: 9297954246
• Bihar Gramin Bank, Ithari Branch Address: Ithari, SUPAUL, 852214, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about the Bihar Gramin Bank Ithari IFSC code:

Q1: What is the IFSC code for Bihar Gramin Bank Ithari branch?
A1: The IFSC code for Bihar Gramin Bank’s Ithari branch is PUNB0MBGB06.

Q2: Why did the IFSC code change for Bihar Gramin Bank branches?
A2: The IFSC code changed because Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) merged to form Bihar Gramin Bank. A new, unified IFSC code structure was implemented for all branches under the sponsorship of Punjab National Bank.

Q3: Can I still use an old Uttar Bihar Gramin Bank (UBGB) IFSC code for transactions?
A3: No, old IFSC codes from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) are no longer valid. You must use the new code, PUNB0MBGB06, for all electronic transfers to Bihar Gramin Bank branches.

Q4: Is the 5th character of the IFSC code always zero?
A4: Yes, the fifth character of every IFSC code is always ‘0’ (zero). This is a standard part of the code structure, reserved for future use.

Q5: What should I do if my bank transfer fails due to an incorrect IFSC code?
A5: If your transfer fails because of an incorrect IFSC code, the money is usually credited back to your account. You should verify the correct IFSC code (PUNB0MBGB06 for Ithari branch) and the beneficiary’s other details, then attempt the transaction again.