Bihar Gramin Bank ANDERWARI IFSC Code

The Bihar Gramin Bank branch in ANDERWARI, located in the Nawada district of Bihar, serves as a crucial point for banking services in the region. For anyone looking to perform electronic fund transfers, such as through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), knowing the Indian Financial System Code (IFSC) for this specific branch is absolutely essential. This unique 11-character code ensures that your money reaches the correct bank branch and account without any delays or errors.

Branch Details Table

Detail	Information
Bank Name	Bihar Gramin Bank
Branch Name	ANDERWARI
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7270
Branch Address	ANDERWARI, Nawada, 805125
Contact Number	9771464270
City	Nawada
District	Nawada
Reason	NAWADA
Pincode	805125
State	Bihar

Merger Update

It’s important to understand the lineage of Bihar Gramin Bank. This bank was formed from the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these merged entities now operate under the sponsorship of Punjab National Bank (PNB). As a result, Bihar Gramin Bank branches, including the ANDERWARI branch, use IFSC codes that begin with “PUNB”, indicating their affiliation with Punjab National Bank.

Specifically, the IFSC code PUNB0MBGB06 is the only valid code for the ANDERWARI branch of Bihar Gramin Bank. If you previously had an IFSC code for a branch that belonged to the former Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank, those old codes have been revoked and are no longer valid for any transactions. Always use the current and correct IFSC code, PUNB0MBGB06, for all your electronic fund transfers to this branch.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify all bank branches participating in online money transfers. Think of it as a unique address for each specific bank branch within the Indian financial system. This code helps the banking system direct funds to the exact location of the beneficiary’s account.

The 11 characters of an IFSC code are structured in a specific way:

• The first four characters represent the bank’s name. For Bihar Gramin Bank, which is 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 distinguish between the bank code and the branch code.
• The last six characters uniquely identify the specific bank branch. For the ANDERWARI branch, these are MBGB06.

So, PUNB0MBGB06 clearly identifies the ANDERWARI branch of Bihar Gramin Bank, sponsored by Punjab National Bank.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you’re making an online fund transfer. Here are the general steps:

1. Log In: Access your bank’s internet banking portal or mobile banking application using your credentials.
2. Select Fund Transfer: Choose the option for fund transfer, usually labeled “NEFT,” “RTGS,” or “IMPS.” The specific option you choose depends on the amount you want to transfer and how quickly you need it to reach the recipient.
3. Add Beneficiary: If you haven’t transferred to this account before, you’ll need to add a new beneficiary. This involves providing the following details:
   • Beneficiary’s Account Number
   • Beneficiary’s Account Holder Name
   • The correct IFSC Code (e.g., PUNB0MBGB06 for the ANDERWARI branch)
   • Confirming the bank name (Bihar Gramin Bank)
4. Enter Amount: Once the beneficiary is added and approved (which might take a few minutes for new beneficiaries), you can proceed to enter the amount you wish to transfer.
5. Confirm and Transfer: Review all the details carefully – especially the account number and IFSC code – to avoid any errors. Once confirmed, authorize the transaction.

The IFSC code is crucial for these transactions because it ensures that your money is routed correctly to the intended recipient’s branch.

Benefits

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

• It ensures that your electronic fund transfers, whether NEFT, RTGS, or IMPS, are accurately directed to the intended beneficiary’s specific bank branch.
• It is a mandatory requirement for initiating any online fund transfer within India, making digital banking possible and efficient.
• It speeds up the process of transferring money, as the unique code instantly identifies the recipient branch, reducing manual processing time.
• It enhances the security of transactions by providing a unique identifier that minimizes the chances of funds going to the wrong branch.
• It helps in better tracking of transactions, as each code is linked to a specific physical branch location.

Contact Section

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

• Branch Phone Number: 9771464270
• Branch Address: ANDERWARI, Nawada, 805125, Bihar

For general inquiries or to contact the head office of Bihar Gramin Bank:

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

FAQs Section

Here are some frequently asked questions about the Bihar Gramin Bank ANDERWARI branch and its IFSC code:

Q1: Is the IFSC code PUNB0MBGB06 specific to the ANDERWARI branch?

A1: Yes, the IFSC code PUNB0MBGB06 is unique to the Bihar Gramin Bank’s ANDERWARI branch in Nawada, Bihar. No other branch will have this exact same IFSC code.

Q2: What is the full form of IFSC?

A2: IFSC stands for the Indian Financial System Code. It’s a system developed to facilitate electronic fund transfers in India.

Q3: Can I transfer money without an IFSC code?

A3: For electronic fund transfers like NEFT, RTGS, or IMPS, an IFSC code is mandatory. You cannot initiate these types of transfers without providing the correct IFSC code of the recipient’s branch. However, you can deposit cash or checks directly at a branch without an IFSC code.

Q4: What if I use an old IFSC code for a Bihar Gramin Bank branch that belonged to UBGB or DBGB?

A4: If you use an old IFSC code that belonged to the former Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), your transaction will likely fail. The old codes have been revoked following the merger, and only the new IFSC codes under the Punjab National Bank sponsorship (like PUNB0MBGB06) are valid.

Q5: How can I find the IFSC code for another Bihar Gramin Bank branch?

A5: You can find IFSC codes on your bank’s passbook or chequebook. Most bank websites also provide an IFSC lookup tool. Additionally, the Reserve Bank of India (RBI) website has a comprehensive list of all IFSC codes.