The BARAO branch of Bihar Gramin Bank is located in the Bhojpur district of Bihar. For any online money transfer to this branch, you need its unique Indian Financial System Code (IFSC). This 11-character code is essential for directing funds accurately through systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, your transaction will not be processed.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | BARAO |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | BARAO, Bhojpur, 802159 |
| Contact Number | 7485096860 |
| City | Bhojpur |
| District | Bhojpur |
| State | Bihar |
Important Merger Update
Bihar Gramin Bank was formed by the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this merger, Punjab National Bank (PNB) became the new sponsor bank. As a result, all old IFSC codes associated with UBGB and DBGB have been discontinued.
It is crucial to understand that transactions attempted with the old codes will fail. For any fund transfer to any branch of the newly formed Bihar Gramin Bank, you must use the new IFSC code format, which starts with ‘PUNB’. For the BARAO branch, the only valid code is PUNB0MBGB06.
What is an IFSC Code?
An IFSC is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify a specific bank branch participating in online fund transfer systems. Each code has a distinct structure that ensures payments are routed correctly.
Let’s break down the BARAO branch IFSC: PUNB0MBGB06.
- PUNB: The first four characters represent the bank’s name. In this case, it stands for Punjab National Bank, the sponsor bank.
- 0: The fifth character is always a zero. It is reserved for future use.
- MBGB06: The last six characters identify the specific branch. For BARAO, this is ‘MBGB06’.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code is a standard part of any online money transfer. Whether you are using a mobile banking app or a desktop website, the steps are generally the same.
- Log in to your net banking portal or mobile banking application.
- Navigate to the ‘Fund Transfer’ or ‘Payments’ section. Common options include NEFT, RTGS, or IMPS.
- Add the recipient as a ‘beneficiary’. You will need their name, account number, and the bank branch’s IFSC code.
- Enter the BARAO branch IFSC code: PUNB0MBGB06.
- Fill in the transfer amount and complete the transaction using your password or PIN.
Benefits of Using the Correct IFSC
- Ensures Accuracy: The code directs your money to the exact bank and branch, eliminating transfer errors.
- Speeds Up Transactions: Automated systems use the IFSC to process payments quickly without manual intervention.
- Enhances Security: It adds a layer of verification, ensuring the funds are sent to the intended recipient’s account.
- Enables Digital Banking: IFSC is the backbone of India’s digital payment infrastructure, including NEFT, RTGS, and IMPS.
Contact Information
For any direct inquiries, you can reach out to the branch or the bank’s head office.
Branch Contact
- Phone: 7485096860
- Address: BARAO, Bhojpur, Bihar – 802159
Head Office Contact
- Toll-Free Number: 18001807777
- Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
Frequently Asked Questions
- 1. What happens if I use an old UBGB or DBGB IFSC code?
- Your transaction will be rejected. The old codes are no longer in service after the merger. The funds will be reversed to your account, but this may take some time.
- 2. Is the IFSC code PUNB0MBGB06 the same for all Bihar Gramin Bank branches?
- No. While the first four characters ‘PUNB’ are common for all branches now, the last six characters are unique to each specific branch. Using the wrong branch code will send your money to the wrong location.
- 3. What is the difference between an IFSC and a MICR code?
- IFSC is used for online fund transfers like NEFT and RTGS. The MICR (Magnetic Ink Character Recognition) code is a 9-digit code found on checks and is used for processing physical checks.
- 4. Where can I find the IFSC code for my branch?
- The IFSC code is printed on the bank’s checkbooks and passbooks. You can also find it on the bank’s official website or by contacting the branch directly.
- 5. Can I transfer money to the BARAO branch without an IFSC code?
- No, it is not possible to complete an online transfer using NEFT, RTGS, or IMPS without providing the correct IFSC code. It is a mandatory requirement for these systems.
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.