Bihar Gramin Bank Belsar IFSC Code

When you need to send money electronically to someone with an account at the Bihar Gramin Bank branch in Belsar, Vaishali District, Bihar, you’ll need a unique code known as the IFSC. This code is essential for all major electronic fund transfer systems in India, including NEFT, RTGS, and IMPS. It ensures that your money reaches the correct branch and account without any errors.

Branch Details

Here are the key details for the Bihar Gramin Bank, Belsar branch:

Bank Name	Bihar Gramin Bank
Branch Name	Belsar
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100029
Branch Address	Belsar, VAISHALI, 844111, 9297954970
Contact Number	9297954970
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	844111
State	Bihar

Merger Update

It’s important to understand the background of Bihar Gramin Bank and its IFSC code. The Bihar Gramin Bank was formed through the merger of two older regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these banks are now part of Bihar Gramin Bank.

This merged entity operates under the sponsorship of Punjab National Bank. As a result, all branches of Bihar Gramin Bank, including the Belsar branch, now use a unified IFSC code structure that begins with “PUNB”. The specific IFSC code for the Belsar branch is PUNB0MBGB06.

Please note that any old IFSC codes previously used by Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) branches have been revoked. They are no longer valid for any banking transactions. To ensure successful fund transfers, you must always use the new and current IFSC code PUNB0MBGB06 for the Bihar Gramin Bank, Belsar branch.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It’s an eleven-character alphanumeric code that uniquely identifies every bank branch in India participating in the electronic funds settlement systems. Think of it like a unique address for a bank branch.

The structure of the IFSC code PUNB0MBGB06 can be broken down as follows:

• The first four characters (PUNB) identify the bank. In this case, “PUNB” signifies Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always ‘0’ (zero). This character is reserved for future use by the Reserve Bank of India.
• The last six characters (MBGB06) identify the specific branch. “MBGB06” specifically points to the Belsar branch of Bihar Gramin Bank.

How to Use an IFSC Code

Using the IFSC code is a straightforward process when you’re making an electronic fund transfer. Here’s how you’d typically use PUNB0MBGB06:

1. Log in: Access your net banking portal or mobile banking app.
2. Select Transfer Type: Choose the type of transfer you want to make – NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service).
3. Add Beneficiary: If you haven’t transferred money to this person before, you’ll need to add them as a new beneficiary.
4. Enter Details: You will be prompted to enter the beneficiary’s details, which include:
   • Beneficiary Name (the account holder’s name)
   • Beneficiary Account Number (the account number at Bihar Gramin Bank Belsar)
   • Confirm Beneficiary Account Number
   • The IFSC Code: PUNB0MBGB06
5. Confirm and Transact: Review all the details carefully. Once confirmed, you can proceed with entering the amount and completing the fund transfer. The banking system uses the IFSC code to direct your money precisely to the Bihar Gramin Bank, Belsar branch, and then to the correct account number.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code, like PUNB0MBGB06 for the Belsar branch, offers several benefits:

• Ensures Accuracy: It directs funds to the exact bank branch, minimizing the risk of errors in transfers.
• Speeds Up Transfers: Facilitates quick and efficient electronic fund transfers via NEFT, RTGS, and IMPS.
• Mandatory for Transfers: It’s a compulsory piece of information for all inter-bank electronic transactions.
• Connects Banks: Allows seamless financial transactions between accounts held at different banks across India.
• Enhances Security: The unique identification helps in tracking transactions and maintaining a secure financial system.

Contact Information

• Branch Phone Number (Belsar): 9297954970
• Branch Address (Belsar): Belsar, VAISHALI, 844111, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

FAQs

Q1: Is the Bihar Gramin Bank Belsar branch part of Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?

A: The Bihar Gramin Bank was formed by the merger of both Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). So, the Belsar branch now operates solely as a Bihar Gramin Bank branch, under this unified entity.

Q2: Why does the IFSC code for Bihar Gramin Bank Belsar start with “PUNB”?

A: Bihar Gramin Bank is sponsored by Punjab National Bank. The “PUNB” prefix in the IFSC code signifies this sponsorship, indicating that the transactions are routed through Punjab National Bank’s network for electronic clearance.

Q3: Can I still use an old UBGB or DBGB IFSC code for the Belsar branch?

A: No, you cannot. All old IFSC codes previously associated with Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) have been revoked after the merger. You must use the new and valid IFSC code PUNB0MBGB06 for all transactions involving the Belsar branch.

Q4: What types of transactions require an IFSC code?

A: An IFSC code is mandatory for all electronic fund transfers across different banks in India. This includes NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service) transactions.

Q5: How can I double-check the IFSC code for a Bihar Gramin Bank branch?

A: You can usually find the IFSC code on your bank’s passbook or checkbook. You can also verify it on the official website of Bihar Gramin Bank, the Reserve Bank of India (RBI) website, or by contacting the bank directly. Always confirm the code before initiating a transfer.