The Bihar Gramin Bank branch in Bhawanipur, East Champaran, Bihar, serves a vital role for the local community’s banking needs. When you need to transfer funds electronically, whether through NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), or IMPS (Immediate Payment Service), a specific code is essential. This unique identifier, known as the IFSC (Indian Financial System Code), ensures your money reaches the correct bank and branch without any issues. It acts like a digital address, guiding your transaction to its precise destination.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Bhawanipur |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100289 |
| Branch Address | Bhawanipur, EAST CHAMPARAN, 845434, 9297954612 |
| Contact Number | 9297954612 |
| City | EAST CHAMPARAN |
| District | EAST CHAMPARAN |
| Reason | MOTIHARI |
| Pincode | 845434 |
| State | Bihar |
Merger Update
The Bihar Gramin Bank, like many regional rural banks (RRBs) in India, operates under the sponsorship of a larger public sector bank. In this case, Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). The IFSC code for its Bhawanipur branch, PUNB0MBGB06, reflects this sponsorship, with ‘PUNB’ indicating Punjab National Bank. This particular IFSC series (MBGB) is commonly used for branches of *Madhya Bihar Gramin Bank*, which itself resulted from mergers of various Gramin Banks in the region and is sponsored by PNB. This means that while your branch is Bihar Gramin Bank, it falls under the same standardized IFSC structure.
It’s crucial to understand that if you previously used an IFSC code for a different regional rural bank that has now merged into a larger entity or now operates under a consolidated IFSC like this one, *that old code is no longer valid*. For any financial transaction with the Bihar Gramin Bank Bhawanipur branch, you *must* use PUNB0MBGB06. For instance, if you previously had an account with a bank like Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) and they have been part of consolidation, their old IFSC codes are revoked, and only the new, standardized IFSC, like PUNB0MBGB06, will work for transactions under Punjab National Bank’s sponsorship.
What is IFSC Code?
An IFSC Code is an 11-character alphanumeric code that uniquely identifies every bank branch participating in the NEFT, RTGS, and IMPS systems in India. This code helps the banking system direct funds to the correct beneficiary account at the right branch. Here’s how the 11 characters are structured:
- The first four characters represent the bank name. For PUNB0MBGB06, ‘PUNB’ indicates Punjab National Bank.
- The fifth character is always ‘0’ (zero). This is a control character reserved for future use.
- The last six characters identify the specific branch. For PUNB0MBGB06, ‘MBGB06’ points to the Bhawanipur branch within the PNB-sponsored Gramin Bank network.
How to Use IFSC Code
Using the IFSC code is a straightforward process when you’re sending money electronically. Here’s a general guide:
- Gather Beneficiary Details: Before initiating a transfer, you’ll need the recipient’s full name, account number, bank name, and the correct IFSC code for their branch (in this case, PUNB0MBGB06 for Bihar Gramin Bank, Bhawanipur).
- Log In to Your Banking Platform: Access your net banking portal or mobile banking app.
- Select Fund Transfer Option: Look for sections like ‘Fund Transfer’, ‘NEFT’, ‘RTGS’, or ‘IMPS’.
- Add Beneficiary (If New): If you’re sending money to this recipient for the first time, you’ll need to add them as a new beneficiary. This involves entering their account number, name, and the IFSC code PUNB0MBGB06. The system will usually auto-populate the bank and branch name once you enter the IFSC.
- Enter Transfer Amount: Specify the amount you wish to send.
- Review and Confirm: Double-check all details – recipient’s name, account number, IFSC code, and amount – before confirming the transaction. A small error in the IFSC could send your money to the wrong branch or account.
Benefits
Knowing the correct IFSC code for your bank branch, or for someone you need to pay, offers several practical benefits:
- Enables Electronic Transfers: It is mandatory for online transactions like NEFT, RTGS, and IMPS, allowing for fast and secure fund movement.
- Ensures Accuracy: The unique code guarantees that your money reaches the intended bank and specific branch, minimizing errors.
- Facilitates Interbank Transactions: It allows seamless money transfers between different banks across India.
- Convenient and Efficient: Reduces the need for physical checks or cash, saving time and effort.
- Supports Digital Banking: Essential for modern digital banking services and financial inclusion.
Contact
For any inquiries related to the Bihar Gramin Bank Bhawanipur branch, you can use the following contact details:
- Branch Phone Number: 9297954612
- Branch Address: Bhawanipur, EAST CHAMPARAN, 845434, Bihar
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number (Punjab National Bank sponsor): 18001807777
FAQs
Q1: What is the full form of IFSC?
A: IFSC stands for Indian Financial System Code.
Q2: Is the IFSC code for Bihar Gramin Bank Bhawanipur branch unique?
A: Yes, PUNB0MBGB06 is a unique code specifically assigned to the Bihar Gramin Bank, Bhawanipur branch, ensuring that electronic transactions are directed accurately.
Q3: Can I use an old IFSC code if the bank merged?
A: No, if your bank has undergone a merger or consolidation, old IFSC codes become invalid. You must use the new, updated IFSC code for all electronic transfers to ensure the transaction is successful.
Q4: What should I do if my online transaction fails due to an incorrect IFSC?
A: If a transaction fails because of an incorrect IFSC, the funds are usually returned to your account within a few hours or a business day. You should verify the correct IFSC (PUNB0MBGB06 for Bhawanipur branch) and attempt the transaction again.
Q5: Can I find the IFSC code on my bank passbook or checkbook?
A: Yes, the IFSC code is typically printed on the first page of your bank passbook and on the top left corner of a check leaf in your checkbook.
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.