Bihar Gramin Bank BHARIYAR IFSC Code

The BHARIYAR branch of Bihar Gramin Bank is located in the Buxar district of Bihar. To send money to an account at this branch using online methods like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS), you need a specific code called the Indian Financial System Code (IFSC). This code acts like a unique address for the bank branch, ensuring your money reaches the correct destination without errors or delays.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	BHARIYAR
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	BHARIYAR, Buxar, 802111, Bihar
Contact Number	7541807529
City	Buxar
District	Buxar
Region	BHABHUA
Pincode	802111
State	Bihar

Merger and Updated IFSC Code

Previously, Bihar had two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have now been merged to form a single entity, Bihar Gramin Bank. This new bank is sponsored by Punjab National Bank (PNB).

Because of this merger, all old IFSC codes belonging to the former UBGB and DBGB branches are now invalid. Using an old code will cause your transaction to fail. For all online fund transfers to any branch of the newly formed Bihar Gramin Bank, including the BHARIYAR branch, you must use the new IFSC code format, which begins with ‘PUNB’. The correct and valid IFSC code for this branch is PUNB0MBGB06.

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 identify every bank branch participating in the electronic funds transfer system. The code is structured to provide specific information about the bank and its branch.

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

• PUNB: The first four characters represent the name of the bank. In this case, ‘PUNB’ stands for Punjab National Bank, the sponsor bank of Bihar Gramin Bank.
• 0: The fifth character is always a zero. It is reserved for future use by the RBI.
• MBGB06: The last six characters are the unique identifier for 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 transfer is a straightforward process. When you add a new beneficiary (the person you want to send money to) in your net banking or mobile banking app, you will be asked for the following details:

1. Beneficiary Name: The full name of the account holder as it appears in their bank records.
2. Beneficiary Account Number: The complete and correct bank account number.
3. Bank Name: Select ‘Bihar Gramin Bank’.
4. Branch Name: Select ‘BHARIYAR’.
5. IFSC Code: Enter PUNB0MBGB06 carefully.

After entering these details, double-check them for accuracy before confirming the transaction. An incorrect IFSC code is a common reason for failed or delayed payments.

Benefits of Using the Correct IFSC Code

• Accurate Transfers: It ensures your money is routed to the exact bank branch and account you intend, eliminating transfer errors.
• Faster Processing: Correct codes allow for automated processing of NEFT, RTGS, and IMPS transactions, leading to quicker credit to the beneficiary’s account.
• Prevents Rejection: Using an outdated or incorrect code will result in the transaction being rejected by the banking system.
• Branch Identification: The code helps in uniquely identifying a specific bank branch, which is crucial since a single bank can have thousands of branches.

Contact Information

For any queries or assistance, you can contact the bank directly.

• Branch Contact Number: 7541807529
• Branch Address: BHARIYAR, Buxar, 802111, Bihar
• Head Office Address: Bihar Gramin Bank, SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

1. Why does the IFSC code for Bihar Gramin Bank start with ‘PUNB’?
Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). As per RBI guidelines for regional rural banks, the IFSC codes are often prefixed with the sponsor bank’s identifier. Therefore, ‘PUNB’ is used.

2. What happens if I use an old IFSC code from Dakshin Bihar Gramin Bank?
Your transaction will be rejected. After the merger, all old IFSC codes of the predecessor banks (UBGB and DBGB) were deactivated. You must use the new code, PUNB0MBGB06, for the transaction to be successful.

3. Is the IFSC code the same for all branches of Bihar Gramin Bank?
No. While the first four characters (‘PUNB’) will be the same, the last six characters are unique to each branch. You must use the specific code for the branch where the account is held.

4. Where else can I find the IFSC code for my branch?
The IFSC code is printed on the cheque book and the first page of the passbook issued by the bank. You can also find it on the bank’s official website or by contacting customer support.

5. Are there different timings for NEFT, RTGS, and IMPS transfers?
IMPS is available 24/7, including holidays, for instant transfers. NEFT is available 24/7 but is processed in half-hourly batches. RTGS is primarily for high-value transactions (above ₹2 lakh) and is also available 24/7.