The Bihar Gramin Bank branch in Belari is located in the Banka district of Bihar. For anyone needing to send or receive money through this branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code is mandatory for all online fund transfers, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC code acts like a specific address, ensuring that your funds are routed correctly and securely to the intended bank branch without any errors.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Belari |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | Belari, Banka, 813211 |
| Contact Number | 8102926355 |
| City | Banka |
| District | Banka |
| Region | BHAGALPUR |
| Pincode | 813211 |
| State | Bihar |
Merger and IFSC Update
It is important to note the changes following the consolidation of regional rural banks in Bihar. The former Dakshin Bihar Gramin Bank (DBGB) and Uttar Bihar Gramin Bank (UBGB) were amalgamated into a single entity, sponsored by Punjab National Bank (PNB). As a result of this merger, all branches now operate under a new IFSC code structure provided by PNB. Any old IFSC codes associated with the former UBGB or DBGB are no longer valid and have been revoked. For all transactions with the Belari branch, you must use the new IFSC code, PUNB0MBGB06, to ensure successful fund transfers.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer system. The code has a specific structure that helps identify the bank and its branch.
Let’s break down the Belari branch IFSC code, PUNB0MBGB06:
- PUNB: The first four characters represent the bank’s name. In this case, ‘PUNB’ 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 this branch, it is ‘MBGB06’.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for an online money transfer is a straightforward process. Whether you are using a mobile banking app or an internet banking portal, the steps are generally the same.
- Log in to your net banking or mobile banking account.
- Navigate to the ‘Fund Transfer’ section and select the transfer type (NEFT, RTGS, or IMPS).
- You will need to add the recipient as a ‘Beneficiary’ or ‘Payee’.
- Enter the beneficiary’s details: name, account number, and the bank’s IFSC code, which is PUNB0MBGB06 for the Belari branch.
- After the beneficiary is added, enter the amount you wish to transfer and confirm the transaction.
Benefits of Using the Correct IFSC Code
- Transaction Accuracy: The primary benefit is ensuring that money reaches the correct bank account at the right branch, eliminating transfer errors.
- Faster Processing: Correct codes enable automated systems to process transactions quickly without manual intervention, speeding up NEFT, RTGS, and IMPS payments.
- Enhanced Security: The unique code adds a layer of verification, reducing the risk of funds being misdirected or fraudulent activities.
- Simplified Transfers: It standardizes the fund transfer process across all banks in India, making it simple and reliable for everyone.
Branch and Head Office Contact Information
For direct assistance, you can contact the branch or the bank’s head office.
Belari Branch
Address: Belari, Banka, Bihar – 813211
Phone: 8102926355
Head Office
Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
Toll-Free Number: 18001807777
Frequently Asked Questions
1. Can I still use an old IFSC code from before the bank merger?
No. All old IFSC codes associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are now invalid. You must use the new PNB-sponsored IFSC code, PUNB0MBGB06, for all transactions to the Belari branch.
2. What is the difference between NEFT, RTGS, and IMPS?
NEFT (National Electronic Funds Transfer) processes transactions in hourly batches. RTGS (Real-Time Gross Settlement) is for high-value transactions (typically above ₹2 lakh) and settles them instantly. IMPS (Immediate Payment Service) is available 24/7 and transfers funds instantly, regardless of the amount.
3. What happens if I enter the wrong IFSC code?
If the entered IFSC code does not exist, the transaction will be rejected. If it corresponds to another branch of the same bank, the funds might be credited to an account at that branch if the account number matches. If it corresponds to a different bank, the transaction will likely fail. It is always best to double-check the code before confirming a transfer.
4. Where can I find the IFSC code for my branch?
The IFSC code is printed on the cheque leaves of your bank-issued chequebook. It is also usually mentioned on the first page of your passbook and can be found on your bank’s official website or mobile app.
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.