Bihar Gramin Bank Abjuganj IFSC Code

The Bihar Gramin Bank branch in Abjuganj is located in the Bhagalpur district of Bihar. For anyone needing to send or receive money electronically through this branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code acts like a digital address, ensuring that funds transferred via National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS) reach the correct bank branch without errors.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Abjuganj
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	Abjuganj, Bhagalpur, Bihar – 813213
Contact Number	8102920473
City	Bhagalpur
District	Bhagalpur
State	Bihar

An Important Merger Update

Bihar Gramin Bank was formed by the merger of two previous regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this amalgamation, all branches, including the Abjuganj branch, now operate under a unified system sponsored by Punjab National Bank (PNB). As a result, all old IFSC codes belonging to UBGB and DBGB have been discontinued and are no longer valid. For any online transaction, you must use the new, standardized IFSC code, which is PUNB0MBGB06. Using an old code will result in a failed or rejected transaction.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique 11-character code assigned by the Reserve Bank of India (RBI) to every bank branch participating in online fund transfer systems. This alphanumeric code helps identify the specific branch involved in a transaction, ensuring accuracy and security. The format is consistent across all banks.

Let’s break down the Abjuganj branch IFSC, PUNB0MBGB06:

• PUNB: The first four letters represent the bank’s name. In this case, it signifies Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• 0: The fifth character is always a zero. It is reserved for future system upgrades or other potential uses.
• MBGB06: The last six characters identify the specific branch. This part of the code points directly to the Abjuganj branch.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online money transfer is a straightforward process. Whether you are using a mobile banking app or a web portal for NEFT, RTGS, or IMPS, the steps are generally the same.

1. Log In: Access your internet banking account or mobile banking application.
2. Add Payee/Beneficiary: Navigate to the “Fund Transfer” section and select the option to add a new payee or beneficiary.
3. Enter Details: You will need to provide the recipient’s account details. This includes their name, bank account number, and the IFSC code of their bank branch, which for the Abjuganj branch is PUNB0MBGB06.
4. Verify and Confirm: Double-check that all entered details, especially the account number and IFSC code, are correct. Once confirmed, you can proceed to transfer funds to the newly added beneficiary.

Benefits of Using the Correct IFSC Code

• Ensures Accuracy: The primary benefit is that it routes your money to the exact intended bank branch, eliminating transfer errors.
• Prevents Fraud: By verifying the bank and branch, the IFSC code adds a layer of security to financial transactions.
• Enables Fast Transactions: Correct codes allow for automated, straight-through processing, making services like IMPS and RTGS fast and efficient.
• Simplifies Digital Banking: It is the standard identifier for all major online payment systems in India, making digital banking seamless.

Contact Information

For any direct inquiries or assistance, you can reach out to the branch or the bank’s head office.

• Branch Contact Number: 8102920473
• Branch Address: Abjuganj, Bhagalpur, Bihar – 813213
• Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
• Toll-Free Number: 18001807777

Frequently Asked Questions

1. Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
The code starts with ‘PUNB’ because Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank. The IFSC system uses the sponsor bank’s identifier for regional rural banks under its purview.

2. Can I still use my old Dakshin Bihar Gramin Bank (DBGB) IFSC code?
No. After the merger, all old IFSC codes for both Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank were permanently deactivated. You must use the new code, PUNB0MBGB06, for all transactions to the Abjuganj branch.

3. What happens if I enter the wrong IFSC code?
If the IFSC code you enter does not exist, the transaction will be rejected, and the money will be credited back to your account. If the code exists but belongs to a different branch, the funds might be sent to the wrong branch, which can delay the transaction and require a manual reversal process.

4. Is the IFSC code the same for all Bihar Gramin Bank branches?
No. While the first five characters (PUNB0) might be common across many branches, the last six characters are unique to each specific branch. You must use the correct code for the branch you intend to transact with.

5. Where can I find the IFSC code for my branch?
The IFSC code is printed on the chequebooks and passbooks issued by the bank. It is also available on the bank’s official website and can be confirmed by contacting the branch directly.