Bihar Gramin Bank ANAILA IFSC Code

If you’re looking to transfer funds to or from the Bihar Gramin Bank branch located in ANAILA, Nawada, Bihar, understanding the Indian Financial System Code (IFSC) is crucial. This unique 11-character code is essential for making secure and efficient online transactions through systems like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, your financial transfers simply cannot go through.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	ANAILA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7269
Branch Address	ANAILA, Nawada, 805107
Contact Number	9771464269
City	Nawada
District	Nawada
Pincode	805107
State	Bihar

Merger Update

The bank you are dealing with, Bihar Gramin Bank, is a result of a significant merger in the regional rural banking sector. Previously, there were two separate entities: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these banks have merged to form the current Bihar Gramin Bank. This new entity now operates under the sponsorship of Punjab National Bank.

Due to this merger, a new, unified IFSC code system has been adopted for all branches of Bihar Gramin Bank. The IFSC code for the ANAILA branch, PUNB0MBGB06, reflects this change. It is vital to note that all old IFSC codes belonging to Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been revoked. They are no longer valid for any financial transactions. Always use the new, standardized IFSC code, PUNB0MBGB06, for all your transactions involving Bihar Gramin Bank branches to ensure successful transfers.

What is IFSC Code?

The Indian Financial System Code, or IFSC, is a unique 11-character alphanumeric code. It identifies every bank branch participating in online funds transfers. Think of it as a digital address for a specific bank branch.

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

• First four characters: These represent the bank’s name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
• Fifth character: This character is always ‘0’ (zero). It is kept as a control character for future use, allowing for potential expansion or changes in the IFSC system without needing to overhaul existing codes.
• Last six characters: These characters identify the specific bank branch. In PUNB0MBGB06, “MBGB06” uniquely identifies the ANAILA branch of Bihar Gramin Bank.

Having a unique code for each branch ensures that money is sent to the correct location quickly and without errors.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you are making online fund transfers. Here’s a general guide for NEFT, RTGS, and IMPS:

1. Log in to your banking portal: Access your net banking account or mobile banking app.
2. Select fund transfer: Choose the option for NEFT, RTGS, or IMPS, depending on the amount and urgency of your transfer.
3. Add beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. This usually involves providing the following details:
   • Beneficiary’s Name
   • Beneficiary’s Account Number (you might need to enter it twice for confirmation)
   • Beneficiary’s Bank Name (e.g., Bihar Gramin Bank)
   • Beneficiary’s Branch Name (e.g., ANAILA)
   • The correct IFSC Code for the beneficiary’s branch (PUNB0MBGB06 for ANAILA branch)
4. Enter transfer details: Once the beneficiary is added and approved (which can take a few hours for some banks), you can initiate the transfer. Enter the amount you wish to send.
5. Review and confirm: Always double-check all the entered details, especially the account number and IFSC code, before confirming the transaction. An incorrect IFSC or account number can lead to funds being sent to the wrong person or getting stuck.

For IMPS, the transfer is almost instant. NEFT transfers are processed in batches throughout the day. RTGS is for larger amounts and processes transfers individually in real-time.

Benefits

Knowing and using the correct IFSC code offers several important benefits:

• Accurate Fund Transfers: It ensures your money reaches the intended recipient’s bank account at the correct branch, minimizing errors.
• Faster Transactions: IFSC codes enable quick processing of online fund transfers like NEFT, RTGS, and IMPS, reducing the time money takes to move between banks.
• Secure System: By precisely identifying the destination branch, the IFSC code adds a layer of security to electronic transactions.
• Inter-Bank Connectivity: It allows seamless transfer of funds between different banks across India.
• Online Banking Convenience: It is a mandatory requirement for all digital banking services involving inter-bank transactions, making online banking possible and practical.

Contact Section

For any inquiries related to the ANAILA branch or Bihar Gramin Bank, you can use the following contact information:

• ANAILA Branch Phone Number: 9771464269
• ANAILA Branch Address: ANAILA, Nawada, 805107, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (for general inquiries): 18001807777

FAQs

Here are some frequently asked questions about the Bihar Gramin Bank ANAILA IFSC code:

Q1: What is the correct IFSC code for Bihar Gramin Bank, ANAILA branch?

A1: The correct IFSC code for Bihar Gramin Bank, ANAILA branch, is PUNB0MBGB06. Always use this code for all your online fund transfers.

Q2: Is Bihar Gramin Bank the same as Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?

A2: Bihar Gramin Bank was formed by the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). So, while they are related through merger, Bihar Gramin Bank is the current operating entity. All transactions now use the new IFSC codes under Bihar Gramin Bank.

Q3: What does the ‘0’ (zero) in the fifth position of the IFSC code signify?

A3: The fifth character in any IFSC code is always a ‘0’ (zero). It acts as a control character reserved for future use or system expansion by the Reserve Bank of India. It doesn’t carry specific branch or bank identification.

Q4: What happens if I use an old UBGB or DBGB IFSC code for a transaction?

A4: If you use an old IFSC code from Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank, your transaction will likely fail. Since the merger, these old codes have been revoked and are no longer valid for processing transfers. It is crucial to use only the new IFSC code, PUNB0MBGB06, for the ANAILA branch.

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

A5: Yes, you can typically find the IFSC code printed on your Bihar Gramin Bank cheque book. You can also visit the ANAILA branch in person and inquire, or check the official Bihar Gramin Bank or Punjab National Bank websites.