Bihar Gramin Bank BAIJLA IFSC Code

In the heart of Bihar, specifically in Bailla, Rohtas district, accessing banking services has become more straightforward, especially with the advancements in digital banking. For anyone looking to transfer funds digitally to or from the Bihar Gramin Bank branch in Bailla, understanding the Indian Financial System Code, or IFSC code, is crucial. This unique code acts like a digital address, ensuring that your money reaches the correct bank and branch quickly and securely through systems like NEFT, RTGS, and IMPS. Without the correct IFSC code, these modern fund transfers simply cannot happen.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	BAIJLA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	6890
Branch Address	BAIJLA, Rohtas, 821115
Contact Number	9523596890
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	821115
State	Bihar

Merger Update: Important Information for Bihar Gramin Bank Customers

For customers of what was once Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), there’s an important update regarding their banking services. Both these regional rural banks have undergone a merger. They are now part of the unified Bihar Gramin Bank.

This means that all branches, including the one in Bailla, now operate under the sponsorship of Punjab National Bank. As a result of this merger and consolidation, a single, standardized IFSC code has been adopted for all Bihar Gramin Bank branches. The valid IFSC code for all transactions with Bihar Gramin Bank, including the BAIJLA branch, is PUNB0MBGB06.

It is crucial to understand that any old IFSC codes previously used for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are now obsolete. These old codes have been revoked and will no longer work for digital fund transfers. To ensure your transactions are successful, always use the new and unified IFSC code, PUNB0MBGB06.

What is an IFSC Code?

An IFSC code stands for Indian Financial System Code. It is a unique eleven-character alphanumeric code. The Reserve Bank of India (RBI) assigns these codes to identify each bank branch participating in online fund transfers. Think of it as a specific address that helps direct your money to the exact branch you intend.

The structure of an IFSC code is quite simple to understand:

• The first four characters represent the bank name. For Bihar Gramin Bank, sponsored by Punjab National Bank, these are “PUNB”.
• The fifth character is always a “0” (zero). This character is kept as a control digit for future use by the RBI.
• The last six characters identify the specific branch. In the case of the Bailla branch, these are “MBGB06”.

So, for the Bihar Gramin Bank BAIJLA branch, the full IFSC code is PUNB0MBGB06.

How to Use Your IFSC Code for Fund Transfers

Using the IFSC code is a standard part of initiating various digital fund transfers. Here’s how you’ll typically use it for NEFT, RTGS, and IMPS transactions:

1. Log in to Your Net Banking or Mobile Banking App: Access your online banking portal or mobile application provided by your bank.
2. Select Fund Transfer Option: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
3. Add a New Beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a new beneficiary. This involves providing their details.
4. Enter Beneficiary Details: You will be prompted to enter specific information about the person or entity receiving the funds. This includes:
   • Beneficiary’s Name
   • Beneficiary’s Account Number (you might need to confirm it by re-entering)
   • Beneficiary’s Bank Name (e.g., Bihar Gramin Bank)
   • The specific IFSC Code of the beneficiary’s branch (e.g., PUNB0MBGB06 for BAIJLA branch)
   • The transfer amount
5. Confirm and Transfer: Review all the details carefully to avoid errors. Once confirmed, your bank will process the transfer. You might need to enter a transaction password or OTP (One-Time Password) to complete the process.

Always double-check the IFSC code and account number before confirming any transaction to ensure your money reaches the correct destination.

Why Knowing Your IFSC Code is Important

Having the correct IFSC code at hand offers several key benefits for your banking activities:

• Enables Digital Transfers: It is essential for initiating NEFT, RTGS, and IMPS transactions, allowing you to send or receive money electronically across different banks.
• Ensures Accuracy: The unique nature of the IFSC code helps ensure that your funds are directed to the specific bank branch you intend, minimizing the risk of errors or misdirected payments.
• Facilitates Speedy Transfers: By accurately identifying the destination branch, the IFSC code helps in faster processing of inter-bank fund transfers.
• Supports Various Online Services: Many online payment platforms, e-commerce sites, and utility bill payment services require an IFSC code if you need to provide your bank details for refunds or direct debits.
• Simplifies Bank Branch Identification: While the bank name tells you the institution, the IFSC code precisely identifies the individual branch within that bank, which is vital for large banking networks.

Contact Information

If you need to get in touch with the Bihar Gramin Bank BAIJLA branch or the bank’s head office, here are the details:

• BAIJLA Branch Phone Number: 9523596890
• BAIJLA Branch Address: BAIJLA, Rohtas, 821115, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about the Bihar Gramin Bank BAIJLA IFSC code and related topics:

Q1: What is the correct IFSC code for Bihar Gramin Bank BAIJLA branch?
A1: The correct and current IFSC code for the Bihar Gramin Bank BAIJLA branch is PUNB0MBGB06.

Q2: Is the MICR code important for online fund transfers like NEFT or IMPS?
A2: No, the MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. For online fund transfers like NEFT, RTGS, or IMPS, the IFSC code is the crucial identifier. However, it’s good to know your MICR code (800811002 for BAIJLA) if you handle cheques.

Q3: What happened to Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank?
A3: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged to form the single entity now known as Bihar Gramin Bank. All operations are now under this unified name, sponsored by Punjab National Bank.

Q4: Can I still use an old IFSC code if I have it for a UBGB or DBGB branch?
A4: No, any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid. You must use the new, unified IFSC code PUNB0MBGB06 for all digital transactions with Bihar Gramin Bank branches, including BAIJLA.

Q5: What’s the main difference between NEFT, RTGS, and IMPS in terms of using the IFSC code?
A5: While all three systems require an IFSC code, they differ in processing time and amount limits. NEFT (National Electronic Funds Transfer) processes transactions in batches, RTGS (Real-Time Gross Settlement) processes large-value transactions individually in real-time, and IMPS (Immediate Payment Service) allows instant transfers 24/7, even on holidays. The IFSC code is universally needed to correctly identify the destination branch for all these methods.