Bihar Gramin Bank Benaut IFSC Code

Welcome to Benaut, a town located in the Saran district of Bihar. If you need to send or receive money electronically, understanding the Indian Financial System Code (IFSC) is crucial. This unique 11-character code is essential for all online fund transfers, whether you’re using National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS). It ensures your money reaches the correct bank and branch without any issues.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Benaut
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100577
Branch Address	Benaut, SARAN, 841204, 9297955201
Contact Number	9297955201
City	SARAN
District	SARAN
Reason	CHAPRA
Pincode	841204
State	Bihar

Merger Update

The banking landscape in Bihar has seen significant changes. What was formerly known as Bihar Gramin Bank, along with other regional rural banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), has been consolidated. These banks are now part of a larger entity known as Madhya Bihar Gramin Bank (MBGB), which operates under the sponsorship of Punjab National Bank (PNB).

Due to this merger, the IFSC codes previously used by banks like Bihar Gramin Bank, UBGB, or DBGB have been revoked. All transactions for these former banks, including the Benaut branch, now require the new unified IFSC code: PUNB0MBGB06. It is crucial to use only this new code for all your fund transfers to ensure they are processed successfully. Old IFSC codes will no longer work.

What is IFSC Code?

The IFSC Code, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in electronic funds transfers across India. Understanding its structure can help you verify its authenticity:

• First 4 Characters: These represent the bank name. For the Benaut branch, “PUNB” stands for Punjab National Bank, which is the sponsoring bank for Madhya Bihar Gramin Bank.
• Fifth Character: This character is always a zero (0). It is reserved for future use.
• Last 6 Characters: These identify the specific branch. For Benaut, “MBGB06” refers to this particular branch of Madhya Bihar Gramin Bank.

So, for the Benaut branch, PUNB0MBGB06 clearly indicates the Punjab National Bank’s sponsorship, the bank entity (Madhya Bihar Gramin Bank), and the specific branch.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you’re making an online fund transfer. Here’s a general guide for NEFT, RTGS, and IMPS:

1. Log In: Access your online banking portal or mobile banking app.
2. Select Transfer Option: Choose “Fund Transfer” or “Payments.”
3. Add Beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. Provide their name, account number, and the Benaut branch’s IFSC code (PUNB0MBGB06).
4. Verify Details: The system will usually auto-populate the bank and branch name once you enter the IFSC code. Double-check that it correctly shows “Madhya Bihar Gramin Bank, Benaut.”
5. Enter Amount: Input the amount you wish to transfer.
6. Choose Transfer Type: Select NEFT, RTGS, or IMPS based on the amount and urgency.
7. Confirm: Review all details, then confirm the transaction. You might receive an OTP (One-Time Password) on your registered mobile number for final authorization.

Always ensure the beneficiary’s account number and IFSC code are accurate to avoid delays or incorrect transfers.

Benefits of Knowing IFSC Code

Having the correct IFSC code at hand offers several advantages:

• Seamless Fund Transfers: It ensures your money reaches the exact bank and branch quickly and accurately.
• Mandatory for Online Transactions: Without an IFSC code, you cannot initiate NEFT, RTGS, or IMPS transactions.
• Prevents Errors: The unique code minimizes the chances of funds being credited to the wrong account.
• Faster Processing: Correct IFSC codes help banks process your transactions efficiently.
• Widely Accepted: It’s a standard identifier used across all banks in India for electronic transfers.

Contact Section

For any queries or assistance related to the Benaut branch or Madhya Bihar Gramin Bank, you can use the following contact details:

• Benaut Branch Phone Number: 9297955201
• Benaut Branch Address: Benaut, SARAN, 841204, Bihar
• Madhya Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

What is the IFSC code for Bihar Gramin Bank, Benaut branch?

The IFSC code for the Benaut branch, now operating under Madhya Bihar Gramin Bank, is PUNB0MBGB06.

Can I still use an old IFSC code for Bihar Gramin Bank after the merger?

No, all old IFSC codes for Bihar Gramin Bank (and other merged banks like UBGB/DBGB) have been revoked. You must use the new code, PUNB0MBGB06, for all transactions.

Is the Benaut branch part of Punjab National Bank?

The Benaut branch operates under Madhya Bihar Gramin Bank (MBGB), which is a Regional Rural Bank sponsored by Punjab National Bank (PNB). So, while it’s not a direct PNB branch, PNB oversees its operations, and its IFSC reflects this sponsorship.

What services can I use the IFSC code for?

You need the IFSC code for all types of electronic fund transfers, including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

How can I find the correct IFSC code for another branch of Madhya Bihar Gramin Bank?

You can find the correct IFSC code on the bank’s official website, your cheque book, or by contacting the bank’s customer service. Always confirm the code before initiating a transaction.