Bihar Gramin Bank Pratapganj IFSC Code

Welcome to the guide for Bihar Gramin Bank, Pratapganj branch, located in Supaul, Bihar. When you need to send or receive money electronically, especially through systems like NEFT, RTGS, or IMPS, a specific code is essential. This code is known as the Indian Financial System Code, or IFSC. It acts like a unique address for each bank branch, ensuring your funds reach the correct destination safely and efficiently. Understanding and using the correct IFSC code is crucial for all your digital banking transactions.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Pratapganj
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100866
Branch Address	Pratapganj, SUPAUL, 852201, 9297954267
Contact Number	9297954267
City	Supaul
District	Supaul
Region	Saharsa
Pincode	852201
State	Bihar

Merger Update

Bihar Gramin Bank, including its Pratapganj branch, operates under the sponsorship of Punjab National Bank. It is important to note that Bihar Gramin Bank was formed from the merger of various Regional Rural Banks, including what were formerly Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). As a result of these mergers and the new structure, all branches of Bihar Gramin Bank now use a standardized IFSC code pattern starting with PUNB0. Specifically, the IFSC code for the Pratapganj branch is PUNB0MBGB06.

If you have previously used IFSC codes associated with old entities like UBGB or DBGB for transactions involving branches that are now part of Bihar Gramin Bank, those old codes are no longer valid. For any electronic fund transfer to or from the Pratapganj branch, or any other Bihar Gramin Bank branch, you must use the new and valid IFSC code PUNB0MBGB06.

What is IFSC Code?

The IFSC Code stands for the Indian Financial System Code. It is an 11-character alphanumeric code used to identify all bank branches participating in electronic fund transfers across India. This code is unique to each bank branch and is crucial for making online money transfers.

The 11 characters of an IFSC code are structured in a specific way:

• The first four characters identify the bank. For the Pratapganj branch’s IFSC, PUNB represents Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps to differentiate it from older codes that might not have this structure.
• The last six characters uniquely identify the specific bank branch. In the case of PUNB0MBGB06, MBGB06 points specifically to the Pratapganj branch of Bihar Gramin Bank.

How to Use IFSC Code

You will need the IFSC code when performing various types of online fund transfers. Here’s a general guide on how to use it:

1. For NEFT (National Electronic Funds Transfer): This system allows you to transfer money from one bank account to another across India. When initiating an NEFT transaction through your bank’s online portal or mobile app, you will need to provide the beneficiary’s name, their account number, the bank name (Bihar Gramin Bank), and the correct IFSC code for their specific branch (PUNB0MBGB06 for Pratapganj). Transactions are processed in batches.

2. For RTGS (Real Time Gross Settlement): RTGS is used for high-value transactions that need to be processed immediately. Similar to NEFT, you will enter the beneficiary’s details: their name, account number, the bank (Bihar Gramin Bank), and the IFSC code (PUNB0MBGB06). The funds are transferred on a ‘real-time’ and ‘gross’ basis, meaning without netting with other transactions.

3. For IMPS (Immediate Payment Service): IMPS allows for instant, 24/7 fund transfers, even on holidays. When using IMPS via your mobile banking app or internet banking, you will typically enter the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their account number and the IFSC code (PUNB0MBGB06). This service ensures the money reaches the recipient almost instantly.

Always double-check the IFSC code and the beneficiary’s account details to avoid any errors in the transfer process.

Benefits

Knowing and using the correct IFSC code offers several important benefits:

• Ensures Accurate Fund Transfers: The unique nature of the IFSC code prevents money from being sent to the wrong branch or account.
• Facilitates Online Transactions: It is a mandatory requirement for all major electronic fund transfer systems like NEFT, RTGS, and IMPS, enabling quick and convenient digital banking.
• Speeds Up Transfers: By uniquely identifying the destination branch, the IFSC code helps in faster processing of interbank transactions.
• Reduces Manual Errors: Automated systems use the IFSC to route transactions, minimizing the chances of human error that could occur with manual routing.
• Boosts Financial Connectivity: It allows seamless money movement across thousands of bank branches throughout India, connecting diverse financial institutions.

Contact Section

For inquiries related to the Pratapganj branch of Bihar Gramin Bank, or for general assistance, you can use the following contact information:

• Branch Phone Number (Pratapganj): 9297954267
• Branch Address (Pratapganj): Pratapganj, SUPAUL, 852201, Bihar
• Head Office Address (Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some frequently asked questions about the IFSC code for Bihar Gramin Bank, Pratapganj:

Q1: What does IFSC stand for?
A1: IFSC stands for the Indian Financial System Code. It’s a unique identifier for bank branches involved in electronic fund transfers.

Q2: Is the 5th character of the IFSC code always a zero?
A2: Yes, the fifth character in every IFSC code is always zero (0). This character is kept for future use and helps maintain the code’s distinct structure.

Q3: Can I use an old IFSC code from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) for transactions to Bihar Gramin Bank?
A3: No, you cannot. Following the mergers, Bihar Gramin Bank branches, including Pratapganj, now use new IFSC codes under the sponsorship of Punjab National Bank. The valid IFSC for Pratapganj is PUNB0MBGB06. Old UBGB or DBGB IFSC codes are no longer valid for transactions to these branches.

Q4: What kinds of transactions require an IFSC code?
A4: The IFSC code is mandatory for all electronic fund transfers such as NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

Q5: How can I verify the correct IFSC code for a bank branch?
A5: You can verify the IFSC code on your bank passbook, your chequebook, the bank’s official website, or by contacting the bank directly. Always ensure you have the correct and most up-to-date code for any transaction.