Bihar Gramin Bank Piprasi IFSC Code

The Bihar Gramin Bank branch in Piprasi, located in the West Champaran district of Bihar, serves a vital role for residents and businesses in the area. Understanding the Indian Financial System Code (IFSC) for this branch is crucial for smooth and secure online fund transfers. Whether you need to send or receive money through systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the correct IFSC code ensures your transaction reaches the intended recipient without error.

Bihar Gramin Bank Piprasi Branch Details

Here are the key details for the Bihar Gramin Bank branch located in Piprasi:

Detail	Information
Bank Name	Bihar Gramin Bank
Branch Name	Piprasi
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100907
Branch Address	Piprasi, WEST CHAMPARAN, 845104, 9297954080
Contact Number	9297954080
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Reason	BETTIAH
Pincode	845104
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank is the result of significant mergers in the regional rural banking sector. It was formed by combining Uttar Bihar Gramin Bank and Madhya Bihar Gramin Bank. This consolidation brought multiple branches under a single, unified structure, sponsored by Punjab National Bank.

As part of this merger, all branches, including Piprasi, now operate under a standardized IFSC code. The IFSC code for Bihar Gramin Bank, Piprasi branch, is PUNB0MBGB06. This code reflects the sponsorship by Punjab National Bank (PUNB) and designates the bank as a Gramin Bank (MBGB0). It is important to note that any old IFSC codes previously used by Uttar Bihar Gramin Bank or Madhya Bihar Gramin Bank branches are now revoked. For any financial transaction, only the new, unified IFSC code PUNB0MBGB06 is valid.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online fund transfers within India. Think of it as a unique address for a specific bank branch. The Reserve Bank of India (RBI) assigns these codes to facilitate electronic financial transactions securely and accurately.

The structure of an IFSC code helps in identifying the bank and its branch:

• 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 a control character reserved for future use and helps distinguish between bank codes and branch codes.
• The last six characters uniquely identify the specific bank branch. In PUNB0MBGB06, “MBGB06” points to the Piprasi branch within the Bihar Gramin Bank system, under PNB sponsorship.

How to Use an IFSC Code

Using the IFSC code is straightforward when initiating an online fund transfer. Here’s a general guide for NEFT, RTGS, and IMPS transactions:

1. Log In to Your Bank’s Online Portal or Mobile App: Access your internet banking service or mobile banking application.
2. Select the Transfer Type: Choose the type of transfer you wish to make: NEFT, RTGS, or IMPS.
3. Add a Beneficiary (if not already added):
   • You will need the beneficiary’s name.
   • The beneficiary’s account number.
   • The beneficiary’s bank name (Bihar Gramin Bank).
   • The specific branch name (Piprasi).
   • The IFSC code of the beneficiary’s branch (PUNB0MBGB06).
4. Enter Transfer Details:
   • Specify the amount you wish to transfer.
   • Add any remarks or comments for the transaction.
5. Review and Confirm: Carefully check all the entered details, especially the account number and IFSC code, to avoid errors. Confirm the transaction using your password or OTP (One Time Password).

For NEFT and RTGS, funds are typically transferred within a few hours or on a real-time basis, respectively. IMPS allows for instant transfers, even on holidays.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch offers several key advantages:

• Accurate Fund Transfers: It ensures that your money reaches the correct recipient account at the specific bank branch, preventing misdirection of funds.
• Faster Transactions: The IFSC code is essential for processing NEFT, RTGS, and IMPS payments quickly and efficiently.
• Enhanced Security: By uniquely identifying each branch, it adds a layer of security to electronic transactions, reducing the chances of fraud.
• Convenience: It allows you to conduct banking transactions from anywhere, anytime, without needing to visit a physical branch.
• Interbank Transactions: It facilitates seamless money transfers between different banks and their branches across India.

Contact Information

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

• Branch Phone Number: 9297954080
• Branch Address: Piprasi, WEST CHAMPARAN, 845104
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

1. What is the IFSC code for Bihar Gramin Bank Piprasi branch?

The IFSC code for Bihar Gramin Bank, Piprasi branch, is PUNB0MBGB06.

2. Can I use an old IFSC code for a Bihar Gramin Bank branch that was previously Uttar Bihar Gramin Bank?

No, you cannot. Following the merger, all old IFSC codes belonging to Uttar Bihar Gramin Bank or Madhya Bihar Gramin Bank are no longer valid. You must use the new, unified IFSC code, such as PUNB0MBGB06, for all transactions related to Bihar Gramin Bank.

3. Is the IFSC code necessary for all types of bank transactions?

The IFSC code is specifically required for online fund transfers like NEFT, RTGS, and IMPS. For cash deposits or withdrawals directly at the branch, or for cheque clearances within the same branch, it might not be explicitly needed, but it’s always good to have it handy.

4. What does “PUNB0” in the IFSC code PUNB0MBGB06 signify?

“PUNB0” indicates that Bihar Gramin Bank is sponsored by Punjab National Bank. The first four characters, “PUNB”, identify Punjab National Bank, and the “0” is a standard control character in all IFSC codes.

5. Where can I find the IFSC code for other Bihar Gramin Bank branches?

You can usually find the IFSC code on your bank passbook, cheque book, or by visiting the official website of Bihar Gramin Bank or Punjab National Bank. Many online banking portals also display the IFSC code during the fund transfer process.