Bihar Gramin Bank Baniyarpur IFSC Code

Baniyarpur, a key location within the Saran district of Bihar, relies on efficient banking services for its residents and local businesses. When you need to send or receive money digitally, understanding banking codes like the Indian Financial System Code (IFSC) is crucial. This unique 11-character code is essential for processing secure and quick fund transfers through systems like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service). It ensures your money reaches the correct bank and branch without delays.

Branch Details

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

Bank Name	Bihar Gramin Bank
Branch Name	Baniyarpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108029
Branch Address	Baniyarpur, SARAN, 841301, 9297955221
Contact Number	9297955221
City	SARAN
District	SARAN
Reason	CHAPRA
Pincode	841301
State	Bihar

Merger Update

It’s important to note a significant change regarding regional rural banks in Bihar. Previously, there were Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have now merged to form a single entity: Bihar Gramin Bank. As part of this merger, all banking operations now fall under the sponsorship of Punjab National Bank.

This means that any old IFSC codes associated with Uttar Bihar Gramin Bank (UBGB) are no longer valid for transactions. For any fund transfers to or from the Baniyarpur branch of Bihar Gramin Bank, you must use the new, standardized IFSC code: PUNB0MBGB06. Using an old or incorrect IFSC code will lead to transaction failures.

What is an IFSC Code?

The IFSC Code, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in the NEFT, RTGS, and IMPS systems in India. This code acts like a postal address for digital money transfers.

The structure of the IFSC code is straightforward:

• The first four characters identify the bank. For Bihar Gramin Bank under Punjab National Bank’s sponsorship, these are “PUNB”.
• The fifth character is always a “zero” (0). This character is reserved for future use.
• The last six characters identify the specific branch. For the Baniyarpur branch, these are “MBGB06”.

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

How to Use the IFSC Code

Using the IFSC code is a standard part of any online fund transfer. Here’s how it generally works for NEFT, RTGS, and IMPS transactions:

1. Log in to your Net Banking or Mobile Banking App: Access your bank’s online platform.
2. Select Fund Transfer: Choose the option to send money, usually labeled “Fund Transfer” or “Payments”.
3. Add Beneficiary (if new): If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. This typically involves providing:
   • Beneficiary’s Name
   • Beneficiary’s Account Number
   • Beneficiary’s Bank Name (e.g., Bihar Gramin Bank)
   • Beneficiary’s IFSC Code (e.g., PUNB0MBGB06 for Baniyarpur branch)
   • Account Type (Savings, Current, etc.)
4. Initiate Transfer: Once the beneficiary is added or selected, enter the amount you wish to transfer.
5. Choose Transfer Type: Select NEFT, RTGS, or IMPS based on your urgency and the amount.
   • NEFT: Best for non-urgent transfers, processed in batches during banking hours.
   • RTGS: For large, urgent transfers (typically above ₹2 lakh), processed in real-time.
   • IMPS: For instant transfers, available 24/7, including holidays.
6. Confirm and Authenticate: Review all details, including the IFSC code and account number. Confirm the transaction using your PIN or OTP (One-Time Password).

Always double-check the IFSC code and account number before confirming a transaction to avoid sending money to the wrong recipient.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank or the recipient’s bank offers several advantages:

• Accurate Fund Transfers: Ensures your money is directed to the exact branch, minimizing errors and rejections.
• Faster Processing: Correct IFSC codes help speed up the processing of NEFT, RTGS, and IMPS transactions.
• Enhanced Security: Reduces the risk of fraud by providing a unique identifier for each branch.
• Essential for Online Banking: Indispensable for all forms of digital fund transfers, including recurring payments.
• Easy Access to Information: Allows you to quickly find details about a specific bank branch, such as its location or contact information, when coupled with other bank details.

Contact Information

If you need to get in touch with Bihar Gramin Bank for queries related to the Baniyarpur branch or general banking services, here are the relevant contact details:

• Baniyarpur Branch Phone Number: 9297955221
• Baniyarpur Branch Address: Baniyarpur, SARAN, 841301, BIHAR
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

FAQs

Q1: Can I use an old Uttar Bihar Gramin Bank (UBGB) IFSC code for a transfer to Bihar Gramin Bank, Baniyarpur?
A1: No, you cannot. All old UBGB and DBGB IFSC codes have been revoked. You must use the new standardized IFSC code, PUNB0MBGB06, for the Bihar Gramin Bank Baniyarpur branch.

Q2: Is the IFSC code the same for all Bihar Gramin Bank branches?
A2: No, the first five characters (PUNB0) are the same for all Bihar Gramin Bank branches under Punjab National Bank. However, the last six characters are unique to each specific branch. So, while the bank identifier is constant, the branch identifier changes.

Q3: What should I do if my online transfer fails due to an incorrect IFSC code?
A3: If your transfer fails, the amount will usually be credited back to your account. First, verify the IFSC code with the beneficiary or through official bank sources. Then, attempt the transaction again with the correct code.

Q4: Where can I find the IFSC code for a Bihar Gramin Bank branch?
A4: You can find the IFSC code on your cheque book, bank passbook, or by visiting the official website of Bihar Gramin Bank or Punjab National Bank. Most banks also list their IFSC codes on their branch locators online.

Q5: Is an IFSC code required for cash deposits at the branch?
A5: No, an IFSC code is not typically required for cash deposits made directly at the bank branch counter. It is primarily used for electronic fund transfers (NEFT, RTGS, IMPS) between different bank accounts and branches.