Bihar Gramin Bank Bahuarwa IFSC Code

In the quiet town of Bahuarwa, nestled in the West Champaran district of Bihar, managing your finances often requires sending or receiving money electronically. To do this smoothly, whether through NEFT, RTGS, or IMPS, you need a special code called the IFSC (Indian Financial System Code). This unique code identifies each bank branch in India, ensuring your money goes to the exact right place every time. Without it, electronic fund transfers simply wouldn’t be possible.

Branch Details

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

Bank Name	Bihar Gramin Bank
Branch Name	Bahuarwa
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108038
Branch Address	Bahuarwa, WEST CHAMPARAN, 845456
Contact Number	9297954017
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Reason	BETTIAH
Pincode	845456
State	Bihar

Merger Update

The IFSC code PUNB0MBGB06, which this branch uses, is specifically for the Madhya Bihar Gramin Bank, sponsored by Punjab National Bank. If this Bahuarwa branch was previously part of Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it is important to know that these banks have merged. All operations now come under a unified structure, using this common IFSC code. For any transactions, you must use PUNB0MBGB06. Any old IFSC codes associated with UBGB or DBGB for this branch are now invalid and will not work for electronic fund transfers.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character code assigned by the Reserve Bank of India (RBI) to identify each bank branch in the country. It is essential for all electronic fund transfers.

The code has a specific structure:

• The first four characters represent the name of the bank. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which sponsors Madhya Bihar Gramin Bank.
• The fifth character is always a ‘0’ (zero). This character is reserved for future use and acts as a control digit.
• The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” uniquely identifies the Bahuarwa branch.

How to Use an IFSC Code

Using the IFSC code is straightforward when you want to send money digitally. Here’s how it works for common electronic transfer methods:

• NEFT (National Electronic Funds Transfer): When you initiate an NEFT transaction through your bank’s online portal or mobile app, you will need to enter the beneficiary’s bank account number, their name, and the IFSC code of their bank branch (PUNB0MBGB06 in this case). The funds are processed in batches throughout the day.
• RTGS (Real Time Gross Settlement): For larger sums, RTGS is used. Similar to NEFT, you provide the beneficiary’s account details and the IFSC code. RTGS transactions are processed individually and immediately, offering faster settlement.
• IMPS (Immediate Payment Service): IMPS allows for instant, 24/7 fund transfers using either an account number and IFSC, or sometimes just a mobile number and MMID (Mobile Money Identifier). When using account and IFSC, you will input the beneficiary’s details along with PUNB0MBGB06.

Always double-check the IFSC code and account number before confirming any transaction to prevent errors.

Benefits of Knowing Your IFSC Code

Understanding and having easy access to your branch’s IFSC code offers several key advantages:

• Facilitates Online Transfers: It is mandatory for sending or receiving money via NEFT, RTGS, and IMPS, making digital banking possible.
• Ensures Accuracy: The unique code precisely identifies your bank branch, minimizing the risk of funds being transferred to the wrong account or branch.
• Speeds Up Transactions: Correct use of the IFSC code helps ensure that electronic transfers are processed quickly and efficiently.
• Essential for Bill Payments: Many online bill payments and recurring payments require the IFSC for setting up direct debits or transfers.
• Avoids Delays: Providing the correct IFSC code upfront prevents delays or rejections of your transfer requests.

Contact Information

• Branch Phone Number: 9297954017
• Branch Address: Bahuarwa, WEST CHAMPARAN, 845456, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some common questions about the IFSC code for the Bihar Gramin Bank, Bahuarwa branch:

Q1: Is PUNB0MBGB06 the only valid IFSC code for this branch?
A1: Yes, PUNB0MBGB06 is the current and only valid IFSC code for the Bihar Gramin Bank, Bahuarwa branch for all electronic fund transfers. Any older codes from previous bank structures are now invalid.

Q2: Can I use this IFSC code for international transfers?
A2: No, the IFSC code is for domestic electronic transfers within India only. For international transfers, you typically need a SWIFT/BIC code, which is different from an IFSC code.

Q3: What should I do if my online transaction fails because of an incorrect IFSC code?
A3: If your transaction fails due to an incorrect IFSC code, double-check the code you entered against the correct one (PUNB0MBGB06). Ensure there are no typos. If you keep facing issues, contact your bank’s customer support or visit your branch.

Q4: Where can I find the IFSC code on my bank passbook?
A4: Most bank passbooks have the IFSC code printed on the first page, along with your account number and other branch details. You can also find it on your bank’s official website or through online IFSC finders.

Q5: Is the MICR code the same as the IFSC code?
A5: No, the MICR (Magnetic Ink Character Recognition) code is different from the IFSC code. The MICR code (800811002 for this branch) is a 9-digit code used primarily for processing cheques and clearing purposes. The IFSC code is for electronic fund transfers.