Bihar Gramin Bank Patkhali Malkhali IFSC Code

This article provides key details about the Bihar Gramin Bank branch located in Patkhali Malkhali, West Champaran district. Understanding the Indian Financial System Code (IFSC) for this branch is essential for anyone looking to send or receive money electronically. The IFSC code acts like a unique address for bank branches, making sure that funds transferred through systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service) reach the correct destination quickly and securely.

Branch Details

Here are the specific details for the Bihar Gramin Bank branch in Patkhali Malkhali:

Bank Name	Bihar Gramin Bank
Branch Name	Patkhali Malkhali
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100919
Branch Address	Patkhali Malkhali, WEST CHAMPARAN, 845105, 9297954079
Contact Number	9297954079
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Reason	BETTIAH
Pincode	845105
State	Bihar

Merger Update

Bihar Gramin Bank was formed from the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This merger brought these banks under a single identity, known as Bihar Gramin Bank.

Following this consolidation, all operations, including the IFSC codes, were standardized. The new, unified IFSC code for all Bihar Gramin Bank branches, including Patkhali Malkhali, is PUNB0MBGB06. This code signifies its sponsorship by Punjab National Bank (PUNB). It is crucial to understand that any old IFSC codes previously used by Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) have been revoked. For any electronic fund transfer or transaction today, only the new IFSC code, PUNB0MBGB06, is valid. Using an old or incorrect code will result in transaction failure.

What is an IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies every bank branch participating in online fund transfers in India. This code is crucial for making sure that money reaches the correct bank branch and account.

The structure of an IFSC code is simple:

• The first four characters represent the bank name. For Bihar Gramin Bank, sponsored by Punjab National Bank, these characters are PUNB.
• The fifth character is always a zero (0). This character is reserved for future use and helps differentiate bank codes from branch codes.
• The last six characters identify the specific branch. For the Patkhali Malkhali branch, these are MBGB06.

So, for Patkhali Malkhali branch, the full IFSC is PUNB0MBGB06.

How to Use an IFSC Code

You need the IFSC code when performing electronic fund transfers through NEFT, RTGS, or IMPS. Here’s a general guide on how to use it:

1. Gather Beneficiary Details: Before starting a transfer, make sure you have the recipient’s full name, account number, bank name, and the specific IFSC code of their bank branch.
2. Log In to Your Net Banking or Mobile Banking App: Access your bank account online or through your mobile application.
3. Select Fund Transfer Option: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
4. Add Beneficiary (if new): If you are sending money to this person for the first time, you will need to add them as a beneficiary. You will enter their name, account number, and the IFSC code (PUNB0MBGB06 for Patkhali Malkhali branch).
5. Verify Details: Double-check all entered information, especially the account number and IFSC code, to avoid errors. Incorrect details can lead to failed transactions or funds being sent to the wrong account.
6. Enter Amount and Confirm: Specify the amount you wish to transfer and confirm the transaction. You might need to use a transaction password or OTP (One-Time Password) to authorize the transfer.

The system uses the IFSC code to correctly route your payment to the intended branch, ensuring a smooth and accurate transfer.

Benefits of Knowing the IFSC Code

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

• Facilitates Online Fund Transfers: It is mandatory for sending or receiving money via NEFT, RTGS, and IMPS.
• Ensures Accuracy: The unique code helps prevent errors by directing funds to the exact bank branch, reducing the risk of transfers going to the wrong account.
• Speeds Up Transactions: Automated routing using IFSC codes makes electronic transfers much faster than traditional methods like cheques.
• Saves Time and Effort: You can manage your banking needs from anywhere, without needing to visit the branch in person for every transaction.
• Boosts Security: The structured system of IFSC codes adds a layer of security to financial transactions, as each branch has a distinct identifier.

Contact Information

For direct inquiries or assistance related to the Patkhali Malkhali branch or Bihar Gramin Bank, you can use the following contact details:

• Branch Phone Number: 9297954079
• Branch Address: Patkhali Malkhali, WEST CHAMPARAN, 845105, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

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

Q1: Is the IFSC code the same for all branches of Bihar Gramin Bank?

No, the first five characters (PUNB0) are the same, identifying the bank and the general system. However, the last six characters are unique to each specific branch. So, while PUNB0 is common, the complete 11-character code, like PUNB0MBGB06 for Patkhali Malkhali, is unique to that branch.

Q2: What should I do if my electronic fund transfer fails?

If your transfer fails, first recheck all the beneficiary details, especially the account number and the IFSC code. Even a single incorrect digit can cause failure. If the details are correct, contact your bank’s customer service or visit your branch for assistance.

Q3: Can I use an old Uttar Bihar Gramin Bank (UBGB) IFSC code for a transfer?

No, you cannot. After the merger, all old UBGB and DBGB IFSC codes were revoked. You must use the new, unified Bihar Gramin Bank IFSC code, which is PUNB0MBGB06 for the Patkhali Malkhali branch, for all electronic transactions.

Q4: Where can I find the IFSC code for another Bihar Gramin Bank branch?

You can usually find the IFSC code on your bank’s passbook, cheque book, or by visiting the bank’s official website. You can also use reliable third-party financial service websites that provide IFSC code lookup tools.

Q5: Is an IFSC code required for cash deposits or withdrawals at the branch?

No, an IFSC code is primarily for electronic fund transfers (NEFT, RTGS, IMPS). For cash deposits or withdrawals directly at the bank counter, you generally only need the account number and your identification, if required.