When you need to send or receive money at the Bihar Gramin Bank branch in BARHARAJI, located in the Nawada district of Bihar (Pincode 805139), understanding its Indian Financial System Code (IFSC) is crucial. This unique 11-character code acts like a digital address for the branch. It is essential for various electronic fund transfers, including National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, your money transfers simply cannot go through.
Branch Details
Here are the key details for the Bihar Gramin Bank branch at BARHARAJI:
| Bank Name | Bihar Gramin Bank |
| Branch Name | BARHARAJI |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7274 |
| Branch Address | BARHARAJI, Nawada, 805139, 9771464274 |
| Contact Number | 9771464274 |
| City | Nawada |
| District | Nawada |
| Reason | NAWADA |
| Pincode | 805139 |
| State | Bihar |
Merger Update for Bihar Gramin Bank
The banking landscape in Bihar has seen significant changes. What was once Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged to form a larger entity, now operating under the umbrella of Punjab National Bank (PNB). This means that for branches previously associated with these banks, including the Bihar Gramin Bank BARHARAJI branch, a standardized IFSC code structure is now in place.
The current IFSC code PUNB0MBGB06 reflects this merger. The “PUNB” part signifies Punjab National Bank, which is the sponsor bank, and “MBGB” stands for Madhya Bihar Gramin Bank, which is the name of the merged regional rural bank. It is critical to understand that any old IFSC codes previously used for UBGB or DBGB branches are no longer valid. For all current and future electronic transactions, you must use the new, consolidated IFSC code like PUNB0MBGB06. Using an old or incorrect code will cause your transaction to fail.
What is an IFSC Code?
An IFSC code is an 11-character alphanumeric code used to identify bank branches in India. It is unique to each branch and helps ensure that your money goes to the correct recipient.
The 11 characters are broken down into three parts:
- The first four characters identify the bank. For example, in PUNB0MBGB06, “PUNB” refers to Punjab National Bank.
- The fifth character is always a “0” (zero). This is a control character reserved for future use.
- The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” uniquely identifies the BARHARAJI branch of Bihar Gramin Bank.
How to Use the IFSC Code
You will need the IFSC code for any electronic fund transfer. Here’s how it works for common transaction types:
- NEFT (National Electronic Funds Transfer): This system allows you to send money from one bank to another. When initiating an NEFT transaction through your bank’s online portal or mobile app, you will be asked to provide the recipient’s bank account number, account holder’s name, and the branch’s IFSC code. For the BARHARAJI branch, you would enter PUNB0MBGB06. NEFT transactions are processed in batches throughout the day.
- RTGS (Real Time Gross Settlement): RTGS is for large-value transactions, typically Rs. 2 lakh and above. It offers real-time processing, meaning the money is transferred almost instantly. Similar to NEFT, you will need the recipient’s account details and the IFSC code PUNB0MBGB06 to complete an RTGS transfer.
- IMPS (Immediate Payment Service): IMPS allows for instant, 24/7 fund transfers, even on holidays. You can use it via mobile banking or internet banking. When sending money via IMPS, you will provide the recipient’s account number, mobile number (in some cases), and the IFSC code PUNB0MBGB06.
Benefits of Knowing Your IFSC Code
Knowing the correct IFSC code for your bank branch offers several practical advantages:
- Ensures Accurate Transfers: It guarantees that funds are credited to the intended recipient’s bank and branch.
- Facilitates Online Transactions: It is essential for all forms of digital money transfers, making banking convenient from anywhere.
- Prevents Delays: Using the correct code avoids transaction failures and delays that can occur with incorrect information.
- Streamlines Banking: Speeds up the process of setting up new beneficiaries for fund transfers.
- Security: Adds an extra layer of verification, enhancing the security of your financial transactions.
Contact Information
If you need to get in touch with the bank, here are the relevant contact details:
- Branch Phone Number: 9771464274
- Branch Address: BARHARAJI, Nawada, 805139, Bihar
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number (Punjab National Bank): 18001807777
Frequently Asked Questions (FAQs)
Q1: Is the IFSC code the same for all branches of Bihar Gramin Bank?
No, the IFSC code is unique to each individual branch. While the first four characters (e.g., PUNB) might be the same for many branches under the same sponsoring bank, the last six characters (branch code) will differ for each specific branch, like “MBGB06” for BARHARAJI.
Q2: What happens if I use an incorrect IFSC code for a transaction?
If you use an incorrect IFSC code, your transaction will likely fail and the money will not be transferred. It might be returned to your account after a short period, or it could be held up, causing delays. Always double-check the IFSC code before confirming a transfer.
Q3: Can I find the IFSC code on my passbook or chequebook?
Yes, the IFSC code is typically printed on your bank’s passbook and on cheque leaves. It is usually found on the top left or top right corner of a cheque leaf, or on the first page of your passbook.
Q4: Why did the IFSC code for Bihar Gramin Bank change?
The IFSC code changed due to the merger of several Regional Rural Banks, including Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank, into a larger entity known as Madhya Bihar Gramin Bank, which is sponsored by Punjab National Bank. This merger led to a standardization of IFSC codes under the “PUNB” prefix for better operational efficiency and clarity.
Q5: Is it safe to share my IFSC code with others?
Yes, it is generally safe to share your IFSC code. It is publicly available information needed by others to send money to your account. However, always be cautious about sharing your bank account number and other sensitive details, especially with unverified sources.
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.