Bihar Gramin Bank Chautarwa IFSC Code

The Bihar Gramin Bank branch in Chautarwa, located in West Champaran, Bihar, serves as a crucial financial hub for the local community. To facilitate electronic fund transfers such as NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service), every bank branch requires a unique identifier known as the IFSC (Indian Financial System Code). This code ensures that money is sent to the correct bank and branch, making financial transactions safe and efficient.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Chautarwa
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100310
Branch Address	Chautarwa, WEST CHAMPARAN, 845101, 9297954031
Contact Number	9297954031
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Reason	BETTIAH
Pincode	845101
State	Bihar

Merger Update

Historically, various Regional Rural Banks (RRBs) operated across Bihar, including Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). To streamline operations and improve financial services, these banks, along with others, have been consolidated. Many branches, including the Chautarwa branch, now operate under the unified structure of *Madhya Bihar Gramin Bank*, which is sponsored by Punjab National Bank.

This means that if you previously held an account with a branch that was part of UBGB or DBGB, their old IFSC codes have been revoked. For any electronic transactions to these consolidated branches, including the Chautarwa branch, you must use the new, unified IFSC code: PUNB0MBGB06. Using any old IFSC code will result in transaction failure.

What is IFSC Code?

The IFSC Code is an 11-character alphanumeric code used to identify all bank branches participating in online money transfers. It acts like a digital address for your bank branch. Understanding its structure can be helpful:

• The first four characters identify the bank. For example, “PUNB” stands for Punjab National Bank, the sponsoring bank for Madhya Bihar Gramin Bank.
• The fifth character is always a ‘0’ (zero). This character is reserved for future use and helps distinguish the bank code from the branch code.
• The last six characters represent the specific branch code. For Chautarwa, this is “MBGB06”, uniquely identifying this particular branch within the Madhya Bihar Gramin Bank system.

How to Use IFSC Code

When you need to transfer funds using NEFT, RTGS, or IMPS, the IFSC code is a critical piece of information. Here’s how you typically use it:

1. Gather Beneficiary Details: Before initiating any transfer, ensure you have the recipient’s full name, account number, account type (savings or current), and the correct IFSC code for their bank branch.
2. Log In to Your Bank’s Platform: Access your internet banking portal or mobile banking app.
3. Navigate to Fund Transfer: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
4. Add Beneficiary (First Time): If you’re sending money to this person for the first time, you’ll need to add them as a new beneficiary. You will be prompted to enter their account number and the IFSC code (PUNB0MBGB06 for Chautarwa branch). The system will usually auto-populate the bank and branch name once the IFSC is entered correctly.
5. Enter Amount and Confirm: After adding the beneficiary, select them, enter the amount you wish to transfer, and choose the transfer type (NEFT, RTGS, or IMPS). Review all details carefully before confirming the transaction.

For example, if you are sending money to an account holder at Bihar Gramin Bank, Chautarwa, you would enter their account number and the IFSC code PUNB0MBGB06.

Benefits

Knowing the correct IFSC code offers several advantages:

• Accurate Fund Transfers: Ensures your money reaches the intended recipient’s bank and branch without errors.
• Faster Transactions: Essential for quick processing of NEFT, RTGS, and IMPS payments.
• Enhanced Security: Reduces the risk of fraudulent transfers by uniquely identifying branches.
• Online Banking Convenience: Facilitates seamless use of internet banking and mobile banking services for money transfers.
• Interbank Operations: Crucial for any transaction involving transfers between different banks.

Contact Information

For specific inquiries or assistance related to the Chautarwa branch:

• Branch Phone Number: 9297954031
• Branch Address: Chautarwa, WEST CHAMPARAN, 845101, Bihar

For general concerns or head office contact:

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

FAQs

Q1: Is the IFSC code PUNB0MBGB06 valid for all transactions to the Chautarwa branch?
A1: Yes, PUNB0MBGB06 is the correct and currently valid IFSC code for all electronic fund transfers (NEFT, RTGS, IMPS) to the Bihar Gramin Bank, Chautarwa branch.

Q2: What should I do if my transaction fails using an old IFSC code?
A2: If your transaction fails, it’s likely due to using an outdated or incorrect IFSC code. Please ensure you are using PUNB0MBGB06, especially if the branch was part of a merged entity like Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank previously.

Q3: Can I find the IFSC code on my passbook or chequebook?
A3: Yes, the IFSC code is typically printed on the front page of your bank passbook and on the top left corner of your cheque leaves. Always double-check it for accuracy before initiating a transfer.

Q4: What is the difference between NEFT, RTGS, and IMPS?
A4: NEFT processes transactions in batches throughout the day. RTGS is for large-value, real-time transfers (typically above ₹2 lakh). IMPS allows for instant, 24/7 transfers, even on holidays, for smaller amounts. All three require the correct IFSC code.

Q5: What if I enter the wrong IFSC code during a transfer?
A5: If you enter an incorrect IFSC code, the transaction will most likely fail and the funds will not be debited from your account. If funds are mistakenly transferred due to a wrong IFSC leading to a valid but unintended account, recovering the money can be challenging and may require contacting both banks involved. Always verify the IFSC code carefully.