Bihar Gramin Bank Chamua IFSC Code

In the quiet town of Chamua, located in the West Champaran district of Bihar, accessing modern banking services requires understanding a few key details. When you need to send or receive money electronically, especially through systems like NEFT, RTGS, or IMPS, an Indian Financial System Code (IFSC) is absolutely essential. This unique code acts like a digital address, ensuring your funds reach the correct bank and branch without any errors. Knowing the correct IFSC for your branch is the first step towards seamless online transactions.

Branch Details

Here are the detailed banking particulars for the Bihar Gramin Bank branch in Chamua:

Bank Name	Bihar Gramin Bank
Branch Name	Chamua
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100251
Branch Address	Chamua, WEST CHAMPARAN, 845455
Contact Number	9297954027
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Reason	BETTIAH
Pincode	845455
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank is a regional rural bank that was formed through an important merger. Previously, there were two distinct regional rural banks in Bihar: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have now merged to form a single entity, Bihar Gramin Bank.

Following this merger, all branches, including Chamua, now operate under a unified structure and utilize a common IFSC code series. The specific IFSC code for Bihar Gramin Bank, including the Chamua branch, is PUNB0MBGB06. This code signifies its sponsorship by Punjab National Bank (PNB).

It is very important to note that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid. For any fund transfers or banking operations involving Bihar Gramin Bank, you must use the new and unified IFSC code, PUNB0MBGB06. Using an old, revoked code will result in transaction failure.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online fund transfers in India. This code is crucial for ensuring that money is sent to the correct destination during electronic transactions.

The structure of an IFSC code is specific:

• The first four characters represent the bank name. For Bihar Gramin Bank, sponsored by Punjab National Bank, these are “PUNB”.
• The fifth character is always zero (0). This character is reserved for future use by the Reserve Bank of India.
• The last six characters uniquely identify the specific bank branch. For the Chamua branch of Bihar Gramin Bank, these are “MBGB06”.

So, “PUNB0MBGB06” breaks down as: “PUNB” for the bank, “0” as the control character, and “MBGB06” for the Chamua branch.

How to Use the IFSC Code

Using the IFSC code is a straightforward process when you are making online fund transfers. Here’s how it works for different transaction types:

For NEFT (National Electronic Funds Transfer)

NEFT is a nation-wide electronic fund transfer system. It facilitates one-to-one funds transfer. Transactions are processed in batches.

1. Log in to your bank’s online banking portal or mobile app.
2. Navigate to the “Fund Transfer” or “NEFT” section.
3. Add the beneficiary (the person you are sending money to). This will require their account number, account holder’s name, and the correct IFSC code (PUNB0MBGB06 for Chamua branch).
4. Once the beneficiary is added and approved, select them.
5. Enter the amount you wish to transfer and confirm the details.

For RTGS (Real Time Gross Settlement)

RTGS is a system where fund transfers are processed continuously on a transaction-by-transaction basis. There is usually a minimum transaction value for RTGS.

1. Access your internet banking or mobile banking application.
2. Find the “Fund Transfer” or “RTGS” option.
3. If not already done, add the beneficiary using their account number, name, and the IFSC code (PUNB0MBGB06).
4. Choose the beneficiary, enter the amount (usually above Rs. 2 lakh for RTGS), and proceed with the transfer.

For IMPS (Immediate Payment Service)

IMPS allows instant, 24/7 interbank electronic fund transfers. It is often used for smaller, urgent transactions.

1. Open your bank’s mobile banking app or online banking platform.
2. Look for the “IMPS” or “Instant Transfer” option.
3. Provide the beneficiary’s details: their account number, account holder’s name, and the IFSC code (PUNB0MBGB06).
4. Input the amount to be transferred.
5. Review the information and confirm the transaction. The money is usually credited instantly.

Benefits of Knowing the IFSC Code

Understanding and correctly using the IFSC code offers several important benefits for your banking activities:

• Accurate Fund Transfers: It guarantees that your money reaches the precise bank and branch it is intended for, preventing misdirected funds.
• Faster Transactions: NEFT, RTGS, and IMPS rely on the IFSC for quick processing, allowing your money to move efficiently.
• Enhanced Security: The unique identification helps in tracking transactions, adding a layer of security to your financial dealings.
• Wider Reach: It enables you to send or receive money from any bank branch across India that supports electronic transfers.
• Convenience: With the correct IFSC, you can conduct banking from the comfort of your home or office using online platforms, eliminating the need to visit a physical branch for every transfer.
• Mandatory for Online Banking: For any form of digital fund transfer, the IFSC code is a compulsory piece of information, making it essential for modern banking.

Contact Information

For any queries or assistance related to the Chamua branch or Bihar Gramin Bank, you can use the following contact details:

• Chamua Branch Phone Number: 9297954027
• Chamua Branch Address: Chamua, WEST CHAMPARAN, 845455
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

What is the full name of the bank associated with the IFSC code PUNB0MBGB06?

The full name of the bank is Bihar Gramin Bank. The “PUNB” part of the IFSC code indicates its sponsor bank, Punjab National Bank.

Is the IFSC code PUNB0MBGB06 valid for all types of online transactions?

Yes, the IFSC code PUNB0MBGB06 is valid and required for all major online fund transfer methods, including NEFT, RTGS, and IMPS, when sending money to or receiving money from the Chamua branch of Bihar Gramin Bank.

What should I do if my bank asks for a different IFSC code for Bihar Gramin Bank Chamua?

You should always confirm the correct IFSC code from official sources, such as the bank’s website, your passbook, or by directly contacting the branch. Due to the merger, old codes are invalid. The correct and currently valid IFSC code for Bihar Gramin Bank Chamua is PUNB0MBGB06.

Can I find the IFSC code on my bank passbook or cheque book?

Yes, the IFSC code is typically printed on your bank passbook and on the top left corner of your cheque leaves. Always double-check with official bank sources if you have any doubt, especially after a merger.

What happens if I use an incorrect IFSC code for a fund transfer?

If you use an incorrect IFSC code, your fund transfer will likely fail. The banking system will detect that the code does not match the beneficiary’s bank and branch, and the transaction will be rejected, with funds usually being returned to your account within a few hours or a day.