Bihar Gramin Bank Goraul IFSC Code

The Bihar Gramin Bank branch in Goraul, located in the Vaishali district of Bihar, serves as a vital financial hub for the local community. For anyone needing to transfer funds electronically within India, understanding the Indian Financial System Code (IFSC) for this branch is crucial. The IFSC code is like a unique address that ensures your money reaches the correct bank and specific branch, whether you are using NEFT, RTGS, or IMPS services.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Goraul
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100004
Branch Address	Goraul, VAISHALI, 844118, 9297954987
Contact Number	9297954987
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	844118
State	Bihar

Merger Update

It is important for customers to know about recent changes concerning Bihar Gramin Bank. This bank was formed from the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both banks have now merged to form Bihar Gramin Bank. As a result of this merger, all branches, including Goraul, now operate under a unified system with a single IFSC code structure. The new common IFSC code for all Bihar Gramin Bank branches, including Goraul, is PUNB0MBGB06. This code is issued and governed by Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank. If you previously had an old IFSC code for a UBGB or DBGB branch, please note that those codes have been revoked. For any transactions today, only the new IFSC code, PUNB0MBGB06, is valid and must be used.

What is IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify all bank branches participating in the electronic funds transfer system in India. Think of it as a unique digital address for each bank branch. The structure of the code is very specific:

• The first four characters identify the bank. For Bihar Gramin Bank, this part is “PUNB”. This indicates its affiliation with Punjab National Bank.
• The fifth character is always a “0” (zero). This is kept as a control character for future use.
• The last six characters identify the specific branch. For the Goraul branch, these are “MBGB06”.

So, for the Goraul branch of Bihar Gramin Bank, the complete IFSC code is PUNB0MBGB06. This code ensures that your money goes to the exact branch you intend, even if there are multiple branches of the same bank in a city.

How to Use IFSC Code

Using the IFSC code is simple and necessary for various online money transfers. Here’s how it works for the most common 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” as the transfer type.
  4. Add a new beneficiary if you haven’t already. You will need the beneficiary’s name, account number, account type (savings or current), and the IFSC code for their bank branch.
  5. Enter PUNB0MBGB06 for the Bihar Gramin Bank, Goraul branch.
  6. Enter the amount you wish to transfer and confirm the details.
• For RTGS (Real-Time Gross Settlement):
  1. RTGS is typically used for large-value transactions. The steps are similar to NEFT.
  2. Access your online banking or visit the bank branch.
  3. Choose “RTGS” for the transfer.
  4. Provide the beneficiary’s details, including their name, account number, account type, and the correct IFSC code.
  5. Use PUNB0MBGB06 for the Goraul branch.
  6. Input the transfer amount and verify all information before confirming.
• For IMPS (Immediate Payment Service):
  1. IMPS allows instant money transfers 24/7.
  2. Open your bank’s mobile banking app or internet banking.
  3. Select “IMPS” for the transaction.
  4. You will need the beneficiary’s mobile number and MMID (Mobile Money Identifier) or their account number and IFSC code.
  5. If using account number and IFSC, enter the beneficiary’s account number and PUNB0MBGB06 for the Goraul branch.
  6. Enter the amount and complete the transfer.

Benefits

Knowing the correct IFSC code for Bihar Gramin Bank, Goraul branch offers several key advantages:

• It ensures your funds are transferred to the precise bank branch, preventing delays or errors.
• It is essential for all major electronic fund transfer methods like NEFT, RTGS, and IMPS, enabling quick and efficient transactions.
• It helps verify the legitimacy of a bank branch when you are receiving money.
• It simplifies the process of setting up new beneficiaries for online transfers.
• It reduces the chances of failed transactions due to incorrect branch identification.

Contact Section

For any queries related to the Bihar Gramin Bank Goraul branch, you can use the following contact information:

Branch Phone Number: 9297954987

Branch Address: Goraul, VAISHALI, 844118, 9297954987

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll-Free Number: 18001807777

FAQs

Here are some frequently asked questions about the Bihar Gramin Bank Goraul IFSC code:

Q1: Is the IFSC code for Bihar Gramin Bank Goraul branch specific only to Goraul?
A1: Yes, the last six characters of the IFSC code, “MBGB06”, specifically identify the Goraul branch. The first four characters, “PUNB”, identify Bihar Gramin Bank under its sponsor Punjab National Bank.

Q2: What happens if I use an incorrect IFSC code for a transfer?
A2: If you use an incorrect IFSC code, your transaction will likely fail. The system will not be able to find a matching branch for the given code, and the funds will not be debited from your account or will be returned to you. This might cause delays in your payment.

Q3: Can I find the IFSC code on my passbook or chequebook?
A3: Yes, the IFSC code for your specific branch is usually printed on your bank passbook. You can also find it on the top part of your cheque leaves. Always double-check this information to ensure accuracy.

Q4: Why does the IFSC code for Bihar Gramin Bank start with “PUNB”?
A4: Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. The “PUNB” prefix in its IFSC code signifies this sponsorship, indicating that Punjab National Bank is the main governing body for electronic transactions processed through Bihar Gramin Bank.

Q5: Is it safe to share my IFSC code with others?
A5: Yes, it is generally safe to share your IFSC code. It is publicly available information needed by anyone who wants to send money to your account. Unlike your account number or PIN, the IFSC code alone cannot be used to access your funds or perform unauthorized transactions.