Bihar Gramin Bank Chamania Bazar IFSC Code

When you need to send money to someone through Bihar Gramin Bank’s Chamania Bazar branch in West Champaran, Bihar, understanding the IFSC code is crucial. This unique code acts like a digital address, ensuring your funds reach the correct recipient’s bank account safely and efficiently through systems like NEFT, RTGS, and IMPS. It helps distinguish this specific branch from all others in the vast Indian banking network.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Chamania Bazar
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100304
Branch Address	Chamania Bazar, WEST CHAMPARAN, 845452, 9297954026
Contact Number	9297954026
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Reason	BETTIAH
Pincode	845452
State	Bihar

Merger Update

It’s important to note a significant change regarding Bihar Gramin Bank. This bank was formed from the merger of two prominent regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these banks have now been consolidated into a single entity, Bihar Gramin Bank, which operates under the sponsorship of Punjab National Bank.

As a result of this merger, all previous IFSC codes belonging to Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been revoked and are no longer valid for transactions. For any financial transfers to or from any branch of Bihar Gramin Bank, including Chamania Bazar, you must use the new, consolidated IFSC code: PUNB0MBGB06. Using an old or incorrect code will cause your transaction to fail.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify all bank branches participating in online money transfers like NEFT, RTGS, and IMPS. This code ensures that money sent digitally reaches the exact intended branch and account, preventing errors.

The structure of an IFSC code is standard across all banks:

• The first four characters represent the bank’s name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always ‘0’ (zero). This is kept as a control character for future use.
• The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” points to the Chamania Bazar branch of Bihar Gramin Bank.

How to Use an IFSC Code

Using the IFSC code correctly is key for smooth online money transfers. Here’s how you’ll typically use it when setting up a transaction through NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), or IMPS (Immediate Payment Service):

1. Log in to your bank’s online banking portal or mobile app.
2. Select the type of fund transfer you want to make (e.g., NEFT, RTGS, or IMPS).
3. Add a new beneficiary (recipient) if you haven’t sent money to them before.
4. You will be prompted to enter the beneficiary’s details, which typically include:
   • Beneficiary’s Name
   • Beneficiary’s Account Number (you’ll usually enter this twice for confirmation)
   • Beneficiary’s Bank Name (e.g., Bihar Gramin Bank)
   • Beneficiary’s Branch Name (e.g., Chamania Bazar)
   • The IFSC Code for that specific branch (e.g., PUNB0MBGB06).
5. Verify all the details carefully, especially the account number and IFSC code, to prevent transfer issues.
6. Enter the amount you wish to transfer and proceed with the transaction.

The system uses the IFSC code to route your funds to the correct bank and branch, ensuring the money is deposited into the specified account.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank branch, or for any branch you need to send money to, offers several important benefits:

• Accurate Fund Transfers: It guarantees that your money goes to the correct bank branch, reducing the risk of failed transactions or funds being misdirected.
• Faster Processing: For systems like IMPS, the correct IFSC code allows for near-instantaneous transfers. NEFT and RTGS also rely on it for their timed processes.
• Enhanced Security: By precisely identifying the destination branch, the IFSC code adds a layer of security to electronic transactions, ensuring your financial data is routed correctly.
• Convenience: It simplifies the process of sending money online, making it quick and hassle-free without needing to visit a physical bank branch.
• Interbank Operations: The IFSC code is essential for various interbank operations, not just for individual fund transfers but also for bank-to-bank communications regarding financial transactions.

Contact Information

For inquiries related to the Chamania Bazar branch of Bihar Gramin Bank:

• Branch Phone Number: 9297954026
• Branch Address: Chamania Bazar, WEST CHAMPARAN, 845452, Bihar

For general inquiries or to contact the Head Office of Bihar Gramin Bank:

• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are answers to some common questions about IFSC codes and Bihar Gramin Bank:

Q1: What happens if I use an old IFSC code from Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?

A: If you attempt to use an old IFSC code from either UBGB or DBGB, your transaction will likely fail. Since these banks merged to form Bihar Gramin Bank and their old codes have been revoked, the banking system will not recognize the old code as valid for any active branch. Always use the new consolidated IFSC code, PUNB0MBGB06, for the Chamania Bazar branch.

Q2: Is an IFSC code required for all types of bank transactions?

A: An IFSC code is specifically required for online fund transfers such as NEFT, RTGS, and IMPS. You do not need an IFSC code for cash deposits or withdrawals directly at a branch, or for ATM transactions. However, if you are setting up a recurring payment or a UPI transaction for the first time, you might need it for initial bank account verification.

Q3: How can I verify the correctness of an IFSC code?

A: You can verify an IFSC code by checking the official website of Bihar Gramin Bank or the Reserve Bank of India (RBI). Many third-party financial websites also offer IFSC code look-up tools. It’s always best to cross-reference the code with the recipient’s bank passbook or statement to ensure accuracy.

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

A: While both are used for identifying bank branches, they serve different purposes. An IFSC code (Indian Financial System Code) is an 11-character alphanumeric code primarily used for online fund transfers (NEFT, RTGS, IMPS). A MICR code (Magnetic Ink Character Recognition) is a 9-digit numerical code typically found on cheque leaves. It is used for processing cheques electronically and ensures quick and accurate clearance of physical cheques.

Q5: Can I find the IFSC code for the Chamania Bazar branch offline?

A: Yes, you can. The IFSC code is usually printed on your bank’s chequebook, passbook, or account statement. You can also visit the Bihar Gramin Bank Chamania Bazar branch directly and ask a bank official for the correct IFSC code.