Bihar Gramin Bank Abdulpur Chowk IFSC Code

The Bihar Gramin Bank branch at Abdulpur Chowk is located in Vaishali district, Bihar. This branch serves the local community by providing essential banking services. When you need to transfer funds electronically within India, either to or from this branch, you will need an Indian Financial System Code, or IFSC. This unique code is crucial for transactions like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). It ensures your money reaches the correct bank and branch without errors.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Abdulpur Chowk
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100168
Branch Address	Abdulpur Chowk, VAISHALI, 844122
Contact Number	9297954962
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	844122
State	Bihar

Merger Update for Bihar Gramin Bank

The Bihar Gramin Bank is the result of a significant merger in the regional rural banking sector. Previously, banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) operated separately. These banks have now merged to form the single entity, Bihar Gramin Bank. As part of this consolidation, all branches, including Abdulpur Chowk, now operate under a unified system.

A key change from this merger is the standardization of IFSC codes. All branches of Bihar Gramin Bank now use a common IFSC code format that begins with PUNB0. This indicates its sponsorship by Punjab National Bank. Specifically, the IFSC code for Abdulpur Chowk branch, and indeed for many Bihar Gramin Bank branches, is PUNB0MBGB06. It is very important to note that any old IFSC codes that belonged to UBGB or DBGB branches are now revoked and are no longer valid for any electronic fund transfers. Always use the new, consolidated IFSC code for all your transactions involving Bihar Gramin Bank. Using an old or incorrect code will cause your transaction to fail.

What is an IFSC Code?

An IFSC code is an 11-character alpha-numeric code that uniquely identifies every bank branch participating in online fund transfers in India. It is essential for making payments through NEFT, RTGS, and IMPS.

The structure of the IFSC code is straightforward:

• The first four characters identify the bank. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin 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 uniquely identify the specific branch. In our example, “MBGB06” identifies the Abdulpur Chowk branch of Bihar Gramin Bank.

Understanding this structure helps you verify that you have the correct code before making a transfer.

How to Use the IFSC Code

Using the IFSC code correctly is vital for successful electronic fund transfers. Here’s how you typically use it for NEFT, RTGS, and IMPS:

1. Log in to your bank’s online banking portal or mobile app: Start by accessing your account through your preferred digital platform.
2. Navigate to Fund Transfer: Look for options like “Fund Transfer,” “Payments,” or “Send Money.”
3. Add Beneficiary (if new):
   • Select “Add New Beneficiary” or “Add Payee.”
   • Enter the beneficiary’s name.
   • Enter the beneficiary’s account number (double-check for accuracy).
   • Enter the IFSC Code (PUNB0MBGB06) for the Abdulpur Chowk branch. The bank and branch name will usually auto-populate once you enter a valid IFSC.
   • Confirm the details and sometimes a one-time password (OTP) is required for beneficiary activation.
4. Initiate Transfer:
   • Once the beneficiary is added (or if they are already saved), select their name from your list.
   • Choose the transfer type: NEFT, RTGS, or IMPS.
   • Enter the amount you wish to transfer.
   • Add any remarks or notes for the transaction.
   • Review all details carefully – beneficiary name, account number, IFSC code, and amount.
   • Confirm the transfer, often by entering your transaction password or an OTP.

For NEFT (National Electronic Funds Transfer), funds are processed in batches during specific hours. RTGS (Real Time Gross Settlement) is for large value transactions, processing individually and continuously. IMPS (Immediate Payment Service) allows instant transfers 24/7, including holidays. Regardless of the method, the IFSC code is your key identifier.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for Bihar Gramin Bank, Abdulpur Chowk branch, offers several benefits:

• Accurate Fund Transfers: It ensures your money goes to the correct bank and specific branch, preventing misdirected funds.
• Faster Processing: Correct IFSC codes allow for quicker verification and processing of NEFT, RTGS, and IMPS transactions.
• Error Prevention: Reduces the chances of transaction failures due to incorrect branch identification.
• Convenience: Facilitates smooth and hassle-free online banking, allowing you to manage your finances from anywhere.
• Security: Helps maintain the security of the banking system by uniquely identifying each participating branch.

Contact Information

For any inquiries or assistance related to the Abdulpur Chowk branch of Bihar Gramin Bank, or general banking concerns, you can use the following contact details:

• Abdulpur Chowk Branch Phone Number: 9297954962
• Abdulpur Chowk Branch Address: Abdulpur Chowk, VAISHALI, 844122, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number for Bihar Gramin Bank: 18001807777

Frequently Asked Questions (FAQs)

Q1: Is the old IFSC code for Abdulpur Chowk branch still valid after the merger?

No, any old IFSC codes that belonged to the former Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches, including Abdulpur Chowk, are now revoked. You must use the new consolidated IFSC code, PUNB0MBGB06, for all electronic fund transfers.

Q2: What happens if I use an incorrect IFSC code for a transaction?

If you use an incorrect IFSC code, your transaction will likely fail. The funds will either not be debited from your account or will be returned to your account after a few hours or days. It is crucial to always double-check the IFSC code before initiating a transfer to avoid delays.

Q3: How can I find the IFSC code for another Bihar Gramin Bank branch?

You can find IFSC codes on the bank’s official website, your passbook, or chequebook. Several financial websites and banking apps also provide this information. Always verify the code from a reliable source.

Q4: What is the difference between an IFSC code and a MICR code?

An IFSC (Indian Financial System Code) is an 11-character alpha-numeric code used for electronic fund transfers (NEFT, RTGS, IMPS). A MICR (Magnetic Ink Character Recognition) code is a 9-digit numeric code found on cheque leaves. It is mainly used for processing cheques and clearing purposes. The MICR code for Abdulpur Chowk branch is 800811002.

Q5: Can I transfer money using the branch code instead of the IFSC code?

No, the branch code (like 100168 for Abdulpur Chowk) is an internal bank identifier. It cannot be used for electronic fund transfers like NEFT, RTGS, or IMPS. For these types of transactions, you must always use the full 11-character IFSC code.