Bihar Gramin Bank Bhimnagar IFSC Code

Welcome to Bhimnagar, a vibrant area in the Supaul district of Bihar. When you need to send or receive money electronically, understanding the Indian Financial System Code (IFSC) is crucial. This unique 11-character code is essential for all online fund transfers, whether you’re using NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service). It ensures your money reaches the correct bank and branch without any issues, acting like a digital address for financial transactions.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Bhimnagar
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100847
Branch Address	Bhimnagar, SUPAUL, 852101, 9297954239
Contact Number	9297954239
City	SUPAUL
District	SUPAUL
Reason	SAHARSA
Pincode	852101
State	Bihar

Merger Update

Bihar Gramin Bank, including its Bhimnagar branch, operates with an IFSC code that reflects its sponsorship by Punjab National Bank. The provided IFSC, PUNB0MBGB06, is a standardized code. It is important to note that many regional rural banks in Bihar have undergone mergers over time to streamline operations and enhance banking services. For example, the former Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) merged to form a new entity. Following such mergers, a single, standardized IFSC code structure, often sponsored by a larger public sector bank like Punjab National Bank, is now used for all transactions. This means if you previously used an IFSC code associated with the old UBGB or DBGB for transfers, those codes are no longer valid. For any electronic fund transfer to or from Bihar Gramin Bank Bhimnagar, only the current IFSC code, PUNB0MBGB06, should be used.

What is IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online fund transfers within India. This code is crucial for ensuring that your money is transferred to the correct destination branch without any errors. Understanding its structure can be helpful:

• The first four characters represent the bank’s name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish the bank code from the branch code.
• The last six characters identify the specific bank branch. In our example, “MBGB06” refers to the specific branch ID within the Bihar Gramin Bank system, sponsored by PNB.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you’re making an online fund transfer. Here are the steps for common transfer methods:

1. NEFT (National Electronic Funds Transfer): This system allows for batch-based fund transfers. You would log into your net banking account or visit your bank. You then add the beneficiary by providing their name, account number, account type, and the IFSC code (PUNB0MBGB06 for Bihar Gramin Bank Bhimnagar). After adding the beneficiary, you can initiate the transfer. NEFT transactions are processed in hourly batches during banking hours.
2. RTGS (Real Time Gross Settlement): RTGS is designed for large-value transactions, typically ₹2 lakh and above. Funds are transferred individually and in real-time. Similar to NEFT, you need to add the beneficiary details, including their account number and the IFSC code (PUNB0MBGB06). Once the details are confirmed, the transfer happens almost instantly.
3. IMPS (Immediate Payment Service): IMPS offers instant, 24/7 fund transfers, even on holidays. You can use your mobile banking app or net banking portal. After selecting IMPS and adding the beneficiary’s details (name, account number, and IFSC code PUNB0MBGB06), the money is transferred immediately. This method is convenient for urgent or smaller transfers.

Always double-check the IFSC code and account number before confirming any transaction to avoid sending money to the wrong recipient.

Benefits

Knowing and using the correct IFSC code offers several advantages:

• Accurate Transfers: It ensures that your money is credited to the precise bank and branch account, minimizing errors.
• Fast Transactions: Facilitates quick processing of NEFT, RTGS, and IMPS payments, saving time compared to traditional methods.
• Secure Transactions: Adds a layer of security by uniquely identifying each bank branch involved in the transfer.
• Convenience: Enables you to transfer funds from anywhere at any time (especially with IMPS), without needing to visit a bank branch physically.
• Nationwide Reach: Connects almost all bank branches across India, making inter-bank transfers seamless.

Contact Section

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

• Bhimnagar Branch Phone Number: 9297954239
• Bhimnagar Branch Address: Bhimnagar, SUPAUL, 852101, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some common questions about IFSC codes and Bihar Gramin Bank Bhimnagar branch:

What is the IFSC code for Bihar Gramin Bank Bhimnagar branch?
The IFSC code for Bihar Gramin Bank, Bhimnagar branch, is PUNB0MBGB06.

Is the IFSC code required for all types of bank transactions?
The IFSC code is specifically required for electronic fund transfers like NEFT, RTGS, and IMPS. It is not generally needed for cash deposits or withdrawals directly at the branch, or for cheque clearances within the same bank.

What should I do if I enter an incorrect IFSC code during a transfer?
If you enter an incorrect IFSC code, the transaction will usually fail and the funds will be returned to your account. However, if the incorrect IFSC code corresponds to another valid branch and the account number also matches a beneficiary there, the money might go to the wrong person. Always double-check details before confirming.

Can I find the IFSC code on my cheque book?
Yes, the IFSC code is typically printed on the top portion of your bank’s cheque leaves, next to the bank name and branch address. You can also find it on your bank’s passbook or by contacting the branch directly.

Why is the Bhimnagar branch IFSC code showing ‘PUNB’?
The ‘PUNB’ in the IFSC code indicates that Bihar Gramin Bank is sponsored by Punjab National Bank. Many regional rural banks use IFSC codes that reflect their sponsoring public sector bank.