Bihar Gramin Bank Baishakhwa IFSC Code

This article focuses on the Bihar Gramin Bank branch located in Baishakhwa, West Champaran, Bihar. When you need to send or receive money digitally, especially through methods like NEFT, RTGS, or IMPS, knowing the correct Indian Financial System Code (IFSC) for this specific branch is crucial. It acts as a unique identifier, ensuring your funds reach the intended recipient’s bank account safely and accurately.

Branch Details

Here are the essential details for the Bihar Gramin Bank branch in Baishakhwa:

Bank Name	Bihar Gramin Bank
Branch Name	Baishakhwa
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100220
Branch Address	Baishakhwa, WEST CHAMPARAN, 845307, 9297954019
Contact Number	9297954019
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Reason	BETTIAH
Pincode	845307
State	Bihar

Merger Update for Bihar Gramin Bank

It’s important to understand the history of Bihar Gramin Bank’s IFSC codes. Previously, there were two distinct regional rural banks in Bihar: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged to form a single entity, the Bihar Gramin Bank.

Following this merger, all branches, including Baishakhwa, now operate under a unified IFSC code structure. The new IFSC code for Bihar Gramin Bank branches, such as PUNB0MBGB06 for Baishakhwa, is provided by Punjab National Bank as the sponsor bank. This means that any older IFSC codes associated with Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) are now revoked and no longer valid for any banking transactions. To ensure your fund transfers are successful, you must use only the new, updated IFSC code: PUNB0MBGB06.

What is an IFSC Code?

An IFSC code, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online fund transfers in India. Think of it like a specific address for a bank branch. The structure of the code helps in routing money to the correct location:

• The first four characters represent the bank name. For example, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• 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 identify the specific bank branch. For the Baishakhwa branch, these are “MBGB06.”

So, PUNB0MBGB06 breaks down into: PUNB (Bank), 0 (Separator), MBGB06 (Baishakhwa Branch).

How to Use an IFSC Code

The IFSC code is essential for sending money electronically through various systems:

NEFT (National Electronic Funds Transfer): This system processes fund transfers in batches. When initiating an NEFT transaction through your bank’s online portal or mobile app, you will need to enter:

1. The recipient’s account number.
2. The recipient’s account holder name.
3. The recipient bank’s name (Bihar Gramin Bank).
4. The specific IFSC code of the recipient branch (e.g., PUNB0MBGB06 for Baishakhwa).

RTGS (Real Time Gross Settlement): RTGS handles large-value transactions individually and in real-time. The information required is similar to NEFT:

1. The recipient’s account number.
2. The recipient’s account holder name.
3. The recipient bank’s name.
4. The specific IFSC code (PUNB0MBGB06).

IMPS (Immediate Payment Service): IMPS allows instant, 24/7 fund transfers, even on holidays. It’s often used for smaller, urgent transactions. The details needed are:

1. The recipient’s account number.
2. The specific IFSC code (PUNB0MBGB06).

Always double-check the IFSC code and other recipient details before confirming any transaction to avoid delays or misdirected funds.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank branch, or for someone you’re sending money to, offers several advantages:

• Ensures Accurate Transfers: It guarantees that funds are routed to the precise bank and branch, reducing errors.
• Enables Digital Payments: It is mandatory for using modern electronic fund transfer systems like NEFT, RTGS, and IMPS.
• Speeds Up Transactions: Correct IFSC entry helps process transfers quickly and efficiently.
• Prevents Fraud: Using the correct code helps protect against funds being sent to unintended or fraudulent accounts.
• Simplifies Banking: It streamlines the process of adding beneficiaries for future transactions.

Contact Information

For inquiries related to the Baishakhwa branch or Bihar Gramin Bank, you can use the following contact details:

• Baishakhwa Branch Phone Number: 9297954019
• Baishakhwa Branch Address: Baishakhwa, WEST CHAMPARAN, 845307, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number for Bihar Gramin Bank: 18001807777

Frequently Asked Questions

Here are some common questions about Bihar Gramin Bank and its IFSC codes:

Q1: Is the old Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) IFSC code still valid for transfers to Baishakhwa?
A1: No, old IFSC codes for UBGB and DBGB branches are no longer valid. Following the merger, you must use the new Bihar Gramin Bank IFSC code, PUNB0MBGB06, for all transactions to the Baishakhwa branch.

Q2: What happens if I use an incorrect IFSC code during a transaction?
A2: If you use an incorrect IFSC code, the transaction will likely fail and be returned to your account. In some rare cases, if the incorrect code matches another valid branch, the funds might be misdirected. Always double-check the IFSC code to prevent issues.

Q3: Can I find the IFSC code on my Bihar Gramin Bank passbook or cheque book?
A3: Yes, the IFSC code is typically printed on your bank passbook and on the top left corner of your cheque leaves. It is a standard practice for banks to display this information.

Q4: Is the IFSC code needed for cash deposits at the branch counter?
A4: No, you usually do not need the IFSC code for direct cash deposits at the bank branch counter. The branch staff can process the transaction using your account number and other details.

Q5: Can I use this IFSC code for international money transfers?
A5: No, the IFSC code is specifically for domestic fund transfers within India. For international money transfers, you would typically need a SWIFT code (Society for Worldwide Interbank Financial Telecommunication) or BIC (Bank Identifier Code) for the receiving bank, not an IFSC code.