Bihar Gramin Bank Chamarhara IFSC Code

Chamarhara is a village located in the Vaishali district of Bihar. When you need to send or receive money electronically to or from an account in the Bihar Gramin Bank branch here, you’ll need a special code. This code is called the Indian Financial System Code, or IFSC. It’s a unique identifier essential for smooth and secure fund transfers through systems like NEFT, RTGS, and IMPS. Knowing the correct IFSC code ensures your money reaches the right bank and branch without any issues.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Chamarhara
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100050
Branch Address	Chamarhara, VAISHALI, 844511, 9297955010
Contact Number	9297955010
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	844511
State	Bihar

Merger Update

Previously, Bihar had two prominent Regional Rural Banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have merged to form a single entity: Bihar Gramin Bank. This merger means that all branches, including Chamarhara, now operate under the unified structure of Bihar Gramin Bank. Importantly, the IFSC codes for all branches, including those that were formerly part of UBGB or DBGB, have been standardized. The new, valid IFSC code for Bihar Gramin Bank branches, like Chamarhara, is PUNB0MBGB06.

It is crucial to understand that any old IFSC codes belonging to UBGB or DBGB are no longer valid for fund transfers. For any electronic transaction to a Bihar Gramin Bank account, you must use the updated IFSC code, which is PUNB0MBGB06. This ensures your transaction is processed correctly through the Punjab National Bank, which sponsors Bihar Gramin Bank.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online fund transfers. Think of it as a specific address for a bank branch in the digital world. The structure of the IFSC code is always the same:

• The first four characters represent the bank name. For Bihar Gramin Bank, sponsored by Punjab National Bank, this is usually PUNB. However, due to the merger and specific regional bank codes, it is PUNB for Punjab National Bank, followed by 0MBGB (representing the MGB, probably stands for Merged Gramin Bank).
• The fifth character is always a ‘0’ (zero). This character is reserved for future use and acts as a control digit.
• The last six characters identify the specific branch. For the Chamarhara branch, these are BGB06. So, the full code is PUNB0MBGB06.

This organized structure helps India’s banking system quickly and accurately route electronic payments.

How to Use IFSC Code

Using the IFSC code is simple and essential for various online fund transfers. Here’s how you’d typically use it:

1. For NEFT (National Electronic Funds Transfer): This system processes transactions in batches. When you initiate an NEFT transfer through your bank’s online banking portal or mobile app, you will need to enter the beneficiary’s (recipient’s) bank name, account number, account holder’s name, and the correct IFSC code (PUNB0MBGB06 for Chamarhara).
2. For RTGS (Real Time Gross Settlement): RTGS is for high-value transactions, typically Rs. 2 lakh and above, and processes them individually and in real-time. Similar to NEFT, you will need the beneficiary’s bank name, account number, name, and the IFSC code (PUNB0MBGB06) to complete the transfer.
3. For IMPS (Immediate Payment Service): IMPS allows instant, 24/7 fund transfers, even on holidays. When using IMPS via mobile banking or internet banking, you’ll provide the beneficiary’s account number and IFSC code (PUNB0MBGB06), or sometimes just their mobile number and MMID (Mobile Money Identifier).

Always double-check the IFSC code, account number, and beneficiary name before confirming any transaction. A wrong IFSC code could delay your transfer or, in rare cases, send money to the wrong account.

Benefits

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

• Accuracy in Transfers: It ensures your money goes to the specific branch and account you intend, preventing errors.
• Faster Processing: The unique identification helps banks process electronic transfers like NEFT, RTGS, and IMPS quickly and efficiently.
• Enhanced Security: By precisely identifying the destination branch, the IFSC code adds a layer of security to your financial transactions.
• Enables Online Transactions: It is a mandatory requirement for initiating almost all online money transfers, making banking convenient from anywhere.
• Interbank Operations: The code allows seamless money movement between different banks and their branches across India.

Contact Section

• Branch Phone Number (Chamarhara): 9297955010
• Branch Address (Chamarhara): Chamarhara, VAISHALI, 844511, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

FAQs

Q1: What is Bihar Gramin Bank?
A1: Bihar Gramin Bank is a Regional Rural Bank (RRB) operating in Bihar. It was formed by the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank. It is sponsored by Punjab National Bank and provides banking services primarily to rural and semi-urban areas to promote financial inclusion.

Q2: Why is the 5th character of the IFSC code always ‘0’?
A2: The fifth character in every IFSC code is consistently a ‘0’ (zero). This digit is reserved for future use by the Reserve Bank of India. It helps standardize the code format and provides flexibility if the structure needs to be expanded later.

Q3: Can I use an old Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) IFSC code for transactions to Bihar Gramin Bank?
A3: No, you cannot. Following the merger of UBGB and DBGB into Bihar Gramin Bank, all old IFSC codes belonging to those former banks have been revoked. You must use the new, unified IFSC code, PUNB0MBGB06, for the Chamarhara branch, or the specific new code for any other Bihar Gramin Bank branch.

Q4: What is the difference between NEFT, RTGS, and IMPS?
A4: All three are electronic fund transfer systems, but they differ in speed and transaction limits. NEFT processes transactions in batches, usually taking a few hours. RTGS is for large-value transactions (Rs. 2 lakh and above) and processes them individually and in real-time. IMPS is an instant, 24/7 service for smaller to medium-value transactions.

Q5: How can I find the IFSC code for other Bihar Gramin Bank branches?
A5: You can find IFSC codes on the official website of Bihar Gramin Bank or Punjab National Bank (its sponsor bank). You can also look them up on the Reserve Bank of India’s website, your bank’s passbook or cheque book, or through reliable third-party financial websites that provide banking information.