Bihar Gramin Bank Bihat IFSC Code

The Bihar Gramin Bank branch in Bihat, located in the Begusarai district of Bihar, provides essential banking services to the local community. For anyone looking to send or receive money through online banking, understanding the branch’s Indian Financial System Code (IFSC) is crucial. This unique 11-character code acts like a digital address, ensuring that funds transferred via National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS) reach the correct bank branch without any errors or delays.

Branch Details

Important Merger Update

Bihar Gramin Bank was formed through the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this amalgamation, the bank is now sponsored by Punjab National Bank (PNB). As a result, all branches, including Bihat, use a new, unified IFSC code structure that begins with ‘PUNB’. It is important to note that all old IFSC codes belonging to the former UBGB and DBGB are now invalid and have been revoked. For any online transaction, you must use the new IFSC code, PUNB0MBGB06, to ensure successful fund transfers.

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 every bank branch participating in the electronic funds transfer network. This code uniquely identifies each branch and is essential for routing transactions. The structure of the code is straightforward:

• First 4 Characters: These represent the name of the bank. For Bihar Gramin Bank, this is PUNB, which stands for its sponsor, Punjab National Bank.
• Fifth Character: This is always a zero (0). It is reserved for future use by the banking system.
• Last 6 Characters: This part of the code, MBGB06, identifies the specific branch. In this case, it points to the Bihat branch of Bihar Gramin Bank.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online money transfer is a simple process. Whether you are using a mobile banking app or internet banking portal, the steps are generally the same.

1. Log in to your net banking or mobile banking application.
2. Select the payment method: Choose from NEFT, RTGS, or IMPS.
3. Add a Beneficiary: You will need to add the recipient’s details. This typically requires their full name, bank account number, and the IFSC code of their bank branch.
4. Enter Details Carefully: Input the Bihat branch IFSC code, PUNB0MBGB06, along with the beneficiary’s account number and name. Double-check all details for accuracy.
5. Enter the Amount: Specify the amount you wish to transfer and add any remarks if needed.
6. Authorize the Transaction: Confirm the transaction using your password, PIN, or a one-time password (OTP) sent to your registered mobile number.

Once authorized, the funds will be transferred to the beneficiary’s account. Using the correct IFSC code ensures the transaction is processed quickly and without errors.

Benefits of Using the Correct IFSC Code

• Accuracy: It guarantees that your money is sent to the intended bank and branch, eliminating the risk of it going to the wrong location.
• Speed: Correct codes enable automated, straight-through processing by the banking network, which significantly speeds up transaction times.
• Error Prevention: The banking system uses the IFSC code to validate the transaction details before processing. An incorrect code will almost always result in a failed transaction, preventing funds from being lost.
• Transaction Tracking: The code helps in easily identifying and tracking the path of a transaction if any issues arise.

Contact Information

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

• Branch Contact: 8102918649
• Branch Address: Bihat, Begusarai, Bihar – 851135
• Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
• Toll-Free Number: 1800-180-7777

Frequently Asked Questions

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

The first four letters represent the sponsor bank. Since Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank after the merger, the IFSC code starts with ‘PUNB’.

Can I still use an old IFSC code from Uttar Bihar Gramin Bank (UBGB)?

No. All old IFSC codes associated with UBGB and DBGB are now discontinued. You must use the new IFSC code, PUNB0MBGB06, for all transactions to the Bihat branch.

What happens if I enter the wrong IFSC code?

In most cases, the transaction will be rejected by the system, and the money will be credited back to your account. However, if the incorrect IFSC code corresponds to another valid branch and account number, the funds could be misdirected. It’s always best to double-check the details.

Is the IFSC code different from the MICR code?

Yes. 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 found on cheque leaves and is used for the faster processing of cheques.

Where can I find the IFSC code for my branch?

You can find the IFSC code printed on your bank-issued chequebook and passbook. It is also available on the bank’s official website and mobile application.

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.