Bihar Gramin Bank BAKRA CHORSUA IFSC Code

Bakra Chorsua is a village in Nalanda district, Bihar (PIN 803114). The local Bihar Gramin Bank branch at Bakra Chorsua handles retail banking for farmers, small businesses and salaried customers in the area. For electronic fund transfers — NEFT, RTGS and IMPS — the branch IFSC is the key identifier. The IFSC ensures money sent from another bank reaches the correct bank and branch in real time or near-real time, and is required whenever you add a beneficiary or initiate an online transfer.

Branch Details

Merger Update

Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged to form the consolidated entity functioning under the sponsor bank, Punjab National Bank. As part of that reorganization, the unified IFSC code PUNB0MBGB06 is now used for this branch. Old IFSC codes that belonged to UBGB or DBGB have been revoked. For any electronic transfer to this branch you must use the new IFSC PUNB0MBGB06; transactions using old UBGB/DBGB IFSCs will not route correctly.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code that uniquely identifies a bank branch in India for electronic transfers. Its structure:

• First 4 characters — bank code (letters). Example: PUNB = Punjab National Bank.
• 5th character — always 0 (reserved).
• Last 6 characters — branch identifier (alphanumeric). Example: MBGB06 is the branch code portion in PUNB0MBGB06.

The IFSC is used by NEFT, RTGS and IMPS systems to route messages from the remitting bank to the beneficiary bank branch.

How to Use IFSC Code

• Open your bank’s netbanking or mobile app, or visit the branch for a paper form.
• Choose the transfer type: NEFT, RTGS or IMPS. (IMPS is instant 24×7 for retail; NEFT processes in batches; RTGS is for immediate large-value transfers.)
• When adding a beneficiary, enter the beneficiary’s account number, beneficiary name as per bank records, and the IFSC PUNB0MBGB06 for Bihar Gramin Bank, Bakra Chorsua branch.
• Verify the MICR on cheques if you are initiating a cheque-based instruction. MICR 800811002 helps with clearing but is not used for online transfers.
• Save the beneficiary and complete any required OTP or transaction authentication steps.
• Before confirming, double-check the account number and IFSC. An incorrect IFSC can route the transfer to a wrong branch or cause failure and delay.

Benefits of Knowing the IFSC

• Ensures funds route to the exact bank branch for NEFT/RTGS/IMPS transfers.
• Prevents transfer delays and reduces failed transactions.
• Required when adding beneficiaries in netbanking or mobile apps.
• Helps bank staff verify branch identity during manual forms or inward credit queries.
• Useful when reconciling payments, especially for business collections and supplier payments.

Contact

Branch Phone: 7070997564

Branch Address: BAKRA CHORSUA, Nalanda, 803114

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll-free: 18001807777

FAQs

• Q: Can I use the old UBGB or DBGB IFSCs for transfers to this branch?

  A: No. Old UBGB/DBGB IFSCs have been revoked after the merger. Use the current IFSC PUNB0MBGB06 for all electronic transfers to Bakra Chorsua branch.

• Q: What happens if I enter the wrong IFSC but the correct account number?

  A: IFSC identifies the receiving branch. If IFSC points to a different branch but the account number exists only at the intended branch, the transfer may fail or return. If both IFSC and account number exist together at a different branch, the credit may go to that account—so always verify both IFSC and account number.

• Q: Do I need MICR for online transfers?

  A: No. MICR is used for cheque clearing. For NEFT/RTGS/IMPS you must provide the correct IFSC and account number. MICR helps when handling physical cheques or resolving clearing issues.

• Q: How can I verify the IFSC before sending money?

  A: Verify the IFSC printed on the beneficiary’s cheque leaf, passbook, or by asking the beneficiary to confirm with their branch. You can also confirm with the branch phone number 7070997564 or the bank’s toll-free line 18001807777.

• Q: If a transaction fails due to wrong IFSC, how long to get a refund?

  A: Refund time varies. If the payment is rejected by the destination system it usually returns within a few working days. If funds are misrouted, the originating bank and beneficiary bank will need to coordinate; keep transaction receipts and contact your bank promptly.

Kriti Kumari

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.