In the serene agricultural expanse of Barbat Pasrain, nestled within the West Champaran district of Bihar, reliable financial services are key for residents and local businesses. When you need to transfer funds electronically – whether through NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), or IMPS (Immediate Payment Service) – a unique identification code is essential. This code, known as the Indian Financial System Code (IFSC), ensures your money reaches the correct bank and branch without error. It acts like a digital address, vital for every secure online transaction.
Branch Details
Here are the important details for the Bihar Gramin Bank, Barbat Pasrain branch:
| Detail | Information |
|---|---|
| Bank Name | Bihar Gramin Bank |
| Branch Name | Barbat Pasrain |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100309 |
| Branch Address | Barbat Pasrain, WEST CHAMPARAN, 845438, 9297954024 |
| Contact Number | 9297954024 |
| City | WEST CHAMPARAN |
| District | WEST CHAMPARAN |
| Reason | BETTIAH |
| Pincode | 845438 |
| State | Bihar |
Merger Update for Bihar Gramin Bank
Over the years, many regional rural banks in Bihar have undergone mergers to streamline operations and enhance financial inclusion. Initially, banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were prominent. These entities, along with others, have been part of a larger consolidation process. Currently, the unified structure often operates under the sponsorship of a larger public sector bank.
For Bihar Gramin Bank, and specifically for branches like Barbat Pasrain, the effective IFSC code is PUNB0MBGB06. This code signifies its current affiliation. The “PUNB” part indicates Punjab National Bank, which is the sponsoring bank. It’s crucial to understand that any old IFSC codes previously used by UBGB or DBGB, or other predecessor rural banks, have been revoked and are no longer valid for transactions. Always use the new and active IFSC code, PUNB0MBGB06, for all your fund transfers to ensure they are processed correctly.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code. It uniquely identifies every bank branch in India that participates in the NEFT, RTGS, and IMPS systems. This code is crucial for directing your funds to the right place.
The structure of an IFSC code is standard:
- The first four characters represent the bank name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National 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 branch. In PUNB0MBGB06, “MBGB06” identifies the Barbat Pasrain branch within the Madhya Bihar Gramin Bank (MBGB) network, which is sponsored by Punjab National Bank.
How to Use an IFSC Code
Using the IFSC code is straightforward when you’re setting up a fund transfer online or through your mobile banking app. Here’s a general step-by-step guide:
- Log In: Access your online banking account or mobile banking app.
- Select Transfer Option: Choose options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
- Add Beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary.
- Enter Beneficiary Details: You will typically need to provide the beneficiary’s name, their bank account number, and the correct IFSC code (e.g., PUNB0MBGB06 for Barbat Pasrain branch).
- Confirm Details: Double-check all the entered information, especially the account number and IFSC code, to avoid any errors.
- Enter Amount: Specify the amount you wish to transfer.
- Authenticate: Complete the transaction using your password, PIN, or OTP (One-Time Password).
For NEFT, funds are settled in batches. RTGS allows for real-time, large-value transfers. IMPS provides instant, 24/7 transfers, often for smaller amounts.
Benefits of Knowing Your IFSC Code
Understanding and having the correct IFSC code at hand offers several advantages:
- Accurate Fund Transfers: Ensures your money goes to the correct recipient bank and branch, preventing delays or misdirection.
- Faster Transactions: Essential for enabling quick electronic fund transfers via NEFT, RTGS, and IMPS.
- Digital Banking Convenience: Facilitates seamless online and mobile banking experiences, reducing the need to visit a physical branch.
- Secure Transactions: Adds a layer of security by verifying the destination bank and branch before processing a transfer.
- Avoiding Charges: Incorrect IFSC codes can sometimes lead to failed transactions or, in rare cases, charges from some banks. Having the right code helps avoid this.
Contact Information
For any queries or assistance related to Bihar Gramin Bank services, you can use the following contact details:
- Barbat Pasrain Branch Phone Number: 9297954024
- Barbat Pasrain Branch Address: Barbat Pasrain, WEST CHAMPARAN, 845438
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number (General Enquiries): 18001807777
Frequently Asked Questions (FAQs)
Q1: What does IFSC stand for?
A1: IFSC stands for Indian Financial System Code. It’s an 11-character code used for electronic fund transfers in India.
Q2: Can I use an old IFSC code for Bihar Gramin Bank?
A2: No, you should always use the current and valid IFSC code. For the Barbat Pasrain branch, the correct IFSC is PUNB0MBGB06. Old IFSC codes from prior merger entities are no longer valid for transactions.
Q3: Is Bihar Gramin Bank affiliated with a larger bank?
A3: Yes, Bihar Gramin Bank operates under the sponsorship of Punjab National Bank (PNB). The “PUNB” in its IFSC code (PUNB0MBGB06) signifies this affiliation.
Q4: What is the MICR code for the Barbat Pasrain branch?
A4: The MICR (Magnetic Ink Character Recognition) code for Bihar Gramin Bank, Barbat Pasrain branch, is 800811002. This code is primarily used for processing cheques.
Q5: How can I confirm the IFSC code for a Bihar Gramin Bank branch?
A5: You can confirm the IFSC code by checking your bank’s passbook, cheque book, visiting the bank’s official website, or contacting the branch directly. You can also use reliable third-party financial aggregators, but always double-check with official sources for critical transactions.
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.