Bihar Gramin Bank BELAUR IFSC Code

The BELAUR branch of Bihar Gramin Bank is located in the Bhojpur district of Bihar. For anyone looking to send or receive money through this specific branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code is a critical requirement for all major online fund transfer methods in India, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). It acts like a specific address, ensuring that your money reaches the correct bank branch without any errors.

Bihar Gramin Bank, BELAUR Branch Details

Important Merger Information

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). As a result of this amalgamation, the bank is now sponsored by Punjab National Bank (PNB). This is why the new IFSC codes, including the one for the BELAUR branch, begin with “PUNB”. Please note that all old IFSC codes belonging to the former UBGB and DBGB are no longer valid. To ensure successful transactions, you must use the new IFSC code, PUNB0MBGB06, for the BELAUR branch.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. This 11-character code has a specific structure that helps identify the bank and its branch.

Let’s break down the BELAUR branch IFSC code, PUNB0MBGB06:

• PUNB: The first four characters represent the bank’s name. In this case, it signifies Punjab National Bank, the sponsor bank.
• 0: The fifth character is always a zero. It is reserved for future use by the RBI.
• MBGB06: The last six characters identify the specific branch. For Bihar Gramin Bank, this part often starts with “MBGB” followed by a unique branch identifier.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online money transfer is a straightforward process. When you add a new payee or beneficiary to your internet banking or mobile banking app, you will need to provide the following details:

1. Beneficiary’s Name: The full name of the person or entity as it appears in their bank account.
2. Beneficiary’s Account Number: The recipient’s correct bank account number.
3. Bank Name: Bihar Gramin Bank.
4. Branch Name: BELAUR.
5. IFSC Code: PUNB0MBGB06.

Once you have entered these details correctly, you can proceed to transfer funds using NEFT, RTGS, or IMPS. The IFSC code ensures that the banking system directs your money to the exact branch where the recipient’s account is held.

Benefits of Using the Correct IFSC Code

• Ensures Accuracy: It minimizes the risk of sending money to the wrong account by pinpointing the exact destination branch.
• Enables Fast Processing: The code allows for automated routing of transactions, which speeds up the entire fund transfer process.
• Prevents Failed Transactions: Using an incorrect or outdated IFSC code is a common reason for transaction failures. Having the right code is crucial.
• Universal Requirement: It is mandatory for all major digital payment systems in India, making it a fundamental piece of information for modern banking.

Contact Information

For any direct queries or assistance, you can reach out to the branch or the bank’s head office.

• Branch Contact Number: 9771464018
• Branch Address: BELAUR, Bhojpur, Bihar – 802206
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA – 800030, BIHAR
• Toll-Free Number: 1800-180-7777

Frequently Asked Questions

1. Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?

It starts with ‘PUNB’ because Bihar Gramin Bank is sponsored by Punjab National Bank (PNB) after the merger of Uttar and Dakshin Bihar Gramin Banks. The first four letters of the IFSC code reflect the sponsor bank.

2. What will happen if I use an old IFSC code from Dakshin Bihar Gramin Bank?

If you use an old, discontinued IFSC code, your transaction will be rejected. The funds will be reversed back to your account, but this can cause delays. It is essential to use the new and valid code, PUNB0MBGB06, for the BELAUR branch.

3. Is the IFSC code the same for all branches of Bihar Gramin Bank?

No. Each branch of a bank has its own unique IFSC code. The code for the BELAUR branch (PUNB0MBGB06) is different from the code for any other branch of Bihar Gramin Bank.

4. Where can I find the IFSC code besides this article?

You can typically find the IFSC code printed on the cheque leaves of your bank’s chequebook. It is also usually mentioned on the first page of your bank passbook and is available on the bank’s official website.

5. Is MICR code different from IFSC code?

Yes, they are different. The IFSC code is used for online fund transfers like NEFT and RTGS. The MICR (Magnetic Ink Character Recognition) code is a 9-digit code used primarily for processing physical cheques more efficiently.

Kriti Kumari

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.