The Arwal branch of Bihar Gramin Bank is located in the city of Arwal, Bihar. For anyone needing to send or receive money electronically to an account at this branch, the Indian Financial System Code (IFSC) is essential. This unique 11-character code identifies the specific bank branch and ensures that online fund transfers through services like NEFT, RTGS, and IMPS are routed correctly and securely to the intended recipient.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | ARWAL |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | ARWAL, Arwal, 804401, 9771464085 |
| Contact Number | 9771464085 |
| City | Arwal |
| District | Arwal |
| Region | AURANGABAD |
| Pincode | 804401 |
| State | Bihar |
Merger and IFSC Update
It is important to know that Bihar Gramin Bank was formed by the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). After the merger, the new entity is sponsored by Punjab National Bank (PNB). Consequently, all old IFSC codes belonging to the previous banks have been revoked and are no longer valid. For any transaction to the Arwal branch, you must use the new, unified IFSC code: PUNB0MBGB06. Using an old code will result in a failed transaction.
What is an IFSC Code?
The IFSC code is a unique 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in electronic fund transfers. The code has a specific structure that helps identify the bank and its branch.
For the Arwal branch IFSC code, PUNB0MBGB06, the structure is:
- PUNB: The first four letters represent the sponsor bank, which is Punjab National Bank.
- 0: The fifth character is always a zero. It is a control character reserved for future use.
- MBGB06: The last six characters are the unique code for the specific branch, in this case, the Arwal branch of Bihar Gramin Bank.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for an online money transfer is a straightforward process. Whether you use a bank’s mobile app or internet banking portal, the steps are generally the same.
- Log In: Access your net banking account or mobile banking app.
- Select Transfer Type: Choose the payment method you want to use, such as NEFT, RTGS, or IMPS.
- Add Beneficiary: You will need to add the recipient as a beneficiary. Enter their name, bank account number, and the bank’s IFSC code, which is PUNB0MBGB06 for the Arwal branch.
- Verify Details: Double-check that the account number and IFSC code are entered correctly to avoid errors. The system will typically verify the code and display the branch name for confirmation.
- Complete the Transfer: Enter the amount you wish to send and authorize the transaction using your password or OTP.
Benefits of Using the Correct IFSC Code
- Ensures Accuracy: It directs your money to the exact bank branch, eliminating the risk of it going to the wrong place.
- Enables Fast Transactions: The code facilitates automated processing for quick and efficient transfers through NEFT, RTGS, and IMPS.
- Prevents Fraud: A valid IFSC code is a key part of the verification process, adding a layer of security to electronic payments.
- Reduces Errors: It minimizes the chances of failed or delayed transactions that can occur from incorrect branch information.
Contact Information
For any direct inquiries, you can reach out to the branch or the head office.
- Branch Phone Number: 9771464085
- Branch Address: ARWAL, Arwal, Bihar – 804401
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA – 800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions
- What is the current IFSC code for Bihar Gramin Bank’s Arwal branch?
- The correct and current IFSC code is PUNB0MBGB06.
- Can I still use an old Dakshin Bihar Gramin Bank (DBGB) IFSC code?
- No. All old IFSC codes from before the merger are invalid. You must use the new code, PUNB0MBGB06, for all transactions to be successful.
- Why does the IFSC code start with ‘PUNB’ and not ‘BGB’?
- The first four letters represent the sponsor bank. Since Bihar Gramin Bank is sponsored by Punjab National Bank (PNB), its IFSC codes start with ‘PUNB’.
- What happens if I enter the wrong IFSC code?
- If the code doesn’t exist, the transaction will be rejected immediately. If you enter the code of a different branch, the money could be sent to the wrong branch, leading to delays or requiring a lengthy process to recover the funds.
- Is it necessary to use the IFSC code for all types of transfers?
- Yes, the IFSC code is mandatory for all major electronic fund transfer systems in India, including NEFT, RTGS, and IMPS, to ensure the funds reach the correct bank branch.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.