Bihar Gramin Bank Misrauli IFSC Code

For those needing to manage their banking needs at the Bihar Gramin Bank branch in Misrauli, West Champaran, understanding the Indian Financial System Code (IFSC) is key. This code acts like a unique digital address for every bank branch across India. It is absolutely essential for making various electronic fund transfers, such as NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). Without the correct IFSC, your digital transactions cannot be processed accurately or reach the intended recipient’s bank account.

Branch Details

Here are the specific details for the Bihar Gramin Bank branch located in Misrauli, West Champaran:

Bank Name	Bihar Gramin Bank
Branch Name	Misrauli
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100254
Branch Address	Misrauli, WEST CHAMPARAN, 845450, 9297954057
Contact Number	9297954057
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Reason	BETTIAH
Pincode	845450
State	Bihar

Merger Update

Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. This means its operations and codes are linked to its sponsoring bank. If you previously banked with regional rural banks like Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it is crucial to note that these entities have undergone mergers. As a result, all banking operations now fall under a unified structure, sponsored by Punjab National Bank.

This means that old IFSC codes previously used for UBGB or DBGB are no longer valid for transactions. For all current and future electronic fund transfers, only the new, unified IFSC codes, such as PUNB0MBGB06 for the Misrauli branch, are to be used. Always ensure you are using the most current IFSC to avoid transaction failures.

What is an IFSC Code?

The IFSC Code is a unique, 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify individual bank branches participating in electronic funds transfers. Understanding its structure can help you verify its authenticity:

• The first four characters represent the bank’s name. For example, PUNB stands for Punjab National Bank, which sponsors Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use, ensuring flexibility in the coding system if needed.
• The last six characters uniquely identify the specific bank branch. For the Misrauli branch, these characters are MBGB06.

So, for PUNB0MBGB06, “PUNB” tells you it’s linked to Punjab National Bank, “0” is the control digit, and “MBGB06” identifies the Misrauli branch.

How to Use the IFSC Code

Using the IFSC code correctly is vital for seamless online money transfers. Here’s a step-by-step guide for common electronic transfer methods like NEFT, RTGS, and IMPS:

1. Log In: Access your online banking account through your bank’s website or mobile banking app.
2. Select Transfer Type: Choose the type of transfer you wish to make – NEFT, RTGS, or IMPS.
3. Add Beneficiary: If you are sending money to someone for the first time, you will need to add them as a beneficiary. This typically involves providing:
   • The beneficiary’s full name
   • Their bank account number
   • Confirmation of the account number
   • The beneficiary’s bank name (e.g., Bihar Gramin Bank)
   • The IFSC Code of the beneficiary’s specific branch (e.g., PUNB0MBGB06 for Misrauli)
   • The account type (Savings or Current)
4. Verify Details: Double-check all entered information, especially the account number and IFSC code. Even a single incorrect digit can lead to the funds being sent to the wrong account or the transaction failing.
5. Enter Amount: Input the amount of money you wish to transfer.
6. Confirm Transaction: Review the final transaction details and confirm the transfer, often by entering an OTP (One-Time Password) sent to your registered mobile number.

Once confirmed, the funds will be processed according to the chosen transfer method’s timings.

Benefits of Knowing Your IFSC Code

Having easy access to the correct IFSC code offers several practical advantages for your banking activities:

• Accurate Fund Transfers: It ensures that your money reaches the exact intended branch and account, minimizing errors.
• Faster Processing: Correct IFSC codes help banks quickly identify the destination branch, leading to quicker processing of NEFT, RTGS, and IMPS transactions.
• Secure Transactions: By precisely routing funds, the IFSC code adds a layer of security to interbank transfers.
• Unique Identification: Each branch has a distinct code, making it easy to differentiate between multiple branches of the same bank.
• Facilitates Online Banking: It is a mandatory requirement for almost all digital fund transfer services, making online banking possible and convenient.

Contact Information

For any inquiries related to the Bihar Gramin Bank, Misrauli branch, or general banking services, you can use the following contact details:

• Branch Phone Number: 9297954057
• Branch Address: Misrauli, WEST CHAMPARAN, 845450, BIHAR
• Bihar Gramin Bank 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 Misrauli branch and its IFSC code:

Q1: What is the IFSC code for Bihar Gramin Bank, Misrauli branch?
A1: The IFSC code for the Bihar Gramin Bank, Misrauli branch is PUNB0MBGB06.

Q2: Is the Misrauli branch of Bihar Gramin Bank still operational?
A2: Yes, the Misrauli branch of Bihar Gramin Bank is fully operational and serves customers in the West Champaran area. You can find its details, including contact information and address, in the ‘Branch Details’ and ‘Contact Information’ sections above.

Q3: What is the MICR code for this branch?
A3: The MICR (Magnetic Ink Character Recognition) code for the Misrauli branch is 800811002. This code is primarily used for processing paper-based transactions like cheques.

Q4: Why is the IFSC code so important for online transactions?
A4: The IFSC code is crucial because it acts as a unique identifier for each bank branch involved in electronic transfers. It ensures that funds are routed to the precise destination bank and branch, preventing errors and ensuring secure, efficient online transactions through NEFT, RTGS, and IMPS.

Q5: Can I use an old IFSC code if I previously banked with Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB)?
A5: No, old IFSC codes from merged banks like UBGB or DBGB are no longer valid. Due to mergers and the consolidation of operations under Punjab National Bank’s sponsorship, you must use the new, unified IFSC codes, such as PUNB0MBGB06, for all transactions to ensure they are processed successfully.

Q6: Who sponsors Bihar Gramin Bank?
A6: Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank (PNB). This sponsorship means PNB oversees its operations and financial stability, which is reflected in the IFSC codes starting with ‘PUNB’.