Bihar Gramin Bank Bhaptia IFSC Code

In the heart of Saharsa district, Bihar, lies the Bhaptia branch of Bihar Gramin Bank. When you need to transfer funds electronically using services like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), a unique code called the IFSC (Indian Financial System Code) is essential. This code ensures your money reaches the correct bank and branch without errors, making financial transactions smooth and secure.

Branch Details

Here are the key details for the Bihar Gramin Bank, Bhaptia branch:

Bank Name	Bihar Gramin Bank
Branch Name	Bhaptia
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100778
Branch Address	Bhaptia, SAHARSA, 852105, 9297954227
Contact Number	9297954227
City	SAHARSA
District	SAHARSA
Region	SAHARSA
Pincode	852105
State	Bihar

Merger Update

Bihar Gramin Bank is a result of the consolidation of various regional rural banks, including Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These banks have merged under a unified structure sponsored by Punjab National Bank. As a result, all branches, including Bhaptia, now operate under a single, standardized IFSC code: PUNB0MBGB06.

It is crucial to understand that any old IFSC codes previously associated with UBGB or DBGB branches are now revoked and invalid for transactions. For any electronic fund transfers to or from Bihar Gramin Bank branches, you must use the current IFSC code, PUNB0MBGB06, to ensure your transaction is successful.

What is IFSC Code?

The IFSC, or Indian Financial System Code, is an 11-character alphanumeric code that uniquely identifies every bank branch in India participating in the NEFT, RTGS, and IMPS systems. It helps the Reserve Bank of India (RBI) track and route electronic fund transfers accurately.

Let’s break down the structure of the IFSC code PUNB0MBGB06:

• The first four characters, PUNB, represent the bank code. In this case, it signifies Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a 0 (zero). This character is reserved for future use and acts as a separator between the bank code and the branch code.
• The last six characters, MBGB06, specifically identify the individual branch. Here, ‘MBGB’ likely refers to ‘Madhya Bihar Gramin Bank’ or a similar regional identifier for the merged entity, and ’06’ is the specific code for the Bhaptia branch.

How to Use IFSC Code

Using the IFSC code correctly is vital for seamless electronic fund transfers. Here’s how you typically use it for different services:

1. For NEFT (National Electronic Funds Transfer) & RTGS (Real Time Gross Settlement):
   • Log in to your bank’s net banking portal or mobile banking app.
   • Select the ‘Fund Transfer’ or ‘NEFT/RTGS’ option.
   • Add a new beneficiary (recipient) or select an existing one.
   • Enter the beneficiary’s details: name, account number, account type (savings/current), and the crucial IFSC code (PUNB0MBGB06).
   • Confirm the details and proceed with the transfer.
2. For IMPS (Immediate Payment Service):
   • IMPS transfers are instant and can be done via net banking, mobile banking, or even SMS.
   • You will need the beneficiary’s account number and the IFSC code (PUNB0MBGB06), similar to NEFT/RTGS.
   • Alternatively, IMPS can also be done using a Mobile Number and MMID (Mobile Money Identifier), but the IFSC route is also commonly available.

Always double-check the IFSC code, account number, and beneficiary name before confirming any transaction. A small error can lead to delays or, in rare cases, funds being transferred to the wrong account.

Benefits

Knowing and using the correct IFSC code offers several significant benefits:

• Ensures Accuracy: The IFSC code directs your money to the exact branch of the beneficiary bank, minimizing errors in transactions.
• Facilitates Electronic Transfers: It is a mandatory requirement for initiating online fund transfers via NEFT, RTGS, and IMPS, making banking convenient and accessible from anywhere.
• Enhances Security: By uniquely identifying each branch, it adds a layer of security, ensuring that your financial transactions are routed through recognized and secure channels.
• Speeds Up Transactions: The automation facilitated by IFSC codes allows for faster processing of inter-bank fund transfers, often within minutes for IMPS, and within a few hours for NEFT and RTGS during banking hours.
• Supports National Banking Network: It connects all participating bank branches across India into a unified electronic payment network, enabling seamless money movement nationwide.

Contact Section

For any queries or assistance related to Bihar Gramin Bank Bhaptia branch or its services, you can use the following contact information:

Branch Phone Number: 9297954227

Branch Address: Bhaptia, SAHARSA, 852105, Bihar

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll-Free Number: 18001807777

FAQs

Here are some frequently asked questions about the Bihar Gramin Bank Bhaptia IFSC code:

Q1: What does “PUNB” in the IFSC code PUNB0MBGB06 signify?
A1: “PUNB” stands for Punjab National Bank. It indicates that Punjab National Bank is the sponsor bank for Bihar Gramin Bank, and all electronic transactions for Bihar Gramin Bank are routed through PNB’s network.

Q2: Is the IFSC code PUNB0MBGB06 valid for all types of electronic fund transfers to Bihar Gramin Bank Bhaptia?
A2: Yes, this IFSC code is universally valid for all electronic fund transfer systems including NEFT, RTGS, and IMPS when sending or receiving money from the Bihar Gramin Bank, Bhaptia branch.

Q3: What should I do if I accidentally used an old IFSC code for a Bihar Gramin Bank transaction?
A3: If you used an old, revoked IFSC code, the transaction is likely to fail and the funds will be returned to your account within a few hours or a working day. However, it’s always best to contact your bank or the Bihar Gramin Bank branch to confirm the status and ensure the correct code is used for future transfers.

Q4: Can I find the IFSC code for Bihar Gramin Bank Bhaptia on my bank passbook?
A4: Yes, the IFSC code is typically printed on the first page of your bank passbook. It is also available on checkbooks and can be found on the bank’s official website or through online IFSC code lookup tools.

Q5: Why is the fifth character always a ‘0’ in the IFSC code?
A5: The fifth character is a ‘0’ (zero) and acts as a control character, reserved for future use by the Reserve Bank of India. It also serves as a clear separator between the bank code and the branch-specific code, making the IFSC structure consistent and easy to read.