Bihar Gramin Bank Birauli IFSC Code

Navigating banking services, especially fund transfers, requires accurate information. If you’re looking to send or receive money at the Bihar Gramin Bank branch in Birauli, located in the Purnia district of Bihar, understanding its Indian Financial System Code (IFSC) is crucial. This unique 11-character code is essential for all electronic fund transfers through systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). It ensures your money reaches the correct bank and branch without any issues, making your transactions smooth and secure.

Branch Details

Here are the specific details for the Bihar Gramin Bank, Birauli branch:

Bank Name	Bihar Gramin Bank
Branch Name	Birauli
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100734
Branch Address	Birauli, PURNIA, 854204
Contact Number	9297955802
City	PURNIA
District	PURNIA
Pincode	854204
State	Bihar

Merger Update

The banking landscape for Regional Rural Banks (RRBs) in Bihar has seen some changes. The original Bihar Gramin Bank, along with Rajya Bihar Gramin Bank, underwent a merger to form the Madhya Bihar Gramin Bank. This new entity is sponsored by Punjab National Bank (PNB). As a result of this restructuring, the IFSC codes for branches like Birauli now reflect PNB’s sponsorship. The IFSC code PUNB0MBGB06 clearly indicates that this branch operates under the Madhya Bihar Gramin Bank, with PNB as its sponsor.

It’s important to understand that any older IFSC codes previously associated with the former Bihar Gramin Bank (before this merger) are no longer valid for electronic transactions. For all your NEFT, RTGS, or IMPS transfers, you must use the current and valid IFSC code: PUNB0MBGB06.

What is an IFSC Code?

An IFSC code, or Indian Financial System Code, is a unique 11-character alphanumeric code. It’s used to identify every bank branch in India participating in electronic fund transfers. Each code has a specific structure:

• The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank for Madhya Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is kept as a control measure for future use.
• The last six characters represent the specific branch code. In this case, “MBGB06” identifies the Madhya Bihar Gramin Bank and the particular Birauli branch within that bank.

This standardized format helps the Reserve Bank of India (RBI) efficiently route funds to the correct destination, ensuring accuracy and reducing errors in digital transactions.

How to Use the IFSC Code

Using the IFSC code is a straightforward process when you’re making an electronic fund transfer. Here’s how it generally works for NEFT, RTGS, and IMPS:

1. Log in to Your Banking Platform: Access your internet banking portal or mobile banking app.
2. Select Fund Transfer: Choose the option for “Fund Transfer” or “Payments.”
3. Add Beneficiary (If New): If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. This usually involves providing the recipient’s name, account number, account type (savings or current), and the crucial IFSC code (PUNB0MBGB06 for Birauli branch).
4. Enter Transfer Details: Once the beneficiary is added (or selected if already saved), enter the amount you wish to transfer.
5. Choose Transfer Type: Select NEFT, RTGS, or IMPS based on your urgency and the amount.
   • NEFT: Best for non-urgent transfers, typically processed in batches.
   • RTGS: For large, urgent transfers (usually above Rs. 2 lakh), processed continuously in real-time.
   • IMPS: For instant transfers, available 24/7, suitable for smaller amounts.
6. Review and Confirm: Double-check all the details, especially the account number and IFSC code, before confirming the transaction.

Benefits of Knowing the IFSC Code

Having the correct IFSC code at hand offers several important benefits:

• Accurate Fund Transfers: It ensures your money goes to the right bank and branch, preventing misdirected funds.
• Speed and Efficiency: Correct IFSC codes enable quicker processing of NEFT, RTGS, and IMPS transactions.
• Security: It adds a layer of security by verifying the recipient’s bank branch, reducing the risk of fraud.
• Online Banking Convenience: Essential for using internet and mobile banking services for inter-bank transfers.
• Regulatory Compliance: The RBI mandates the use of IFSC codes for all electronic fund transfers, ensuring adherence to banking regulations.

Contact Information

For any queries related to the Birauli branch or general banking services, you can use the following contact details:

• Branch Phone Number: 9297955802
• Branch Address: Birauli, PURNIA, PIN-854204, Bihar
• Head Office Address (Madhya Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Madhya Bihar Gramin Bank): 18001807777

FAQs

Here are some frequently asked questions about IFSC codes and the Bihar Gramin Bank Birauli branch:

Q1: Is PUNB0MBGB06 the only valid IFSC code for Bihar Gramin Bank Birauli branch?
A: Yes, PUNB0MBGB06 is the current and only valid IFSC code for the Birauli branch, which now operates under Madhya Bihar Gramin Bank, sponsored by Punjab National Bank. Any older codes are no longer in use for electronic transfers.

Q2: Can I use the IFSC code to find the branch address?
A: While the IFSC code itself doesn’t directly provide a readable address, the last six characters identify the specific branch. You can often use this code on bank or RBI websites to retrieve full branch details, including the address. Our table above also provides the full address for your convenience.

Q3: What’s the difference between an IFSC code and a MICR code?
A: An IFSC code (Indian Financial System Code) is used for online electronic fund transfers (NEFT, RTGS, IMPS). A MICR code (Magnetic Ink Character Recognition) is a 9-digit code primarily used for processing cheques. It helps in faster clearing of cheques by identifying the bank and branch. For the Birauli branch, the MICR code is 800811002.

Q4: What should I do if my fund transfer fails due to an incorrect IFSC code?
A: If a fund transfer fails because of an incorrect IFSC code, the money is usually reversed to your account within a few hours or one to two business days. It’s crucial to verify the IFSC code and account number carefully before initiating any transfer to avoid delays and inconvenience.

Q5: Is Madhya Bihar Gramin Bank the same as Bihar Gramin Bank?
A: Madhya Bihar Gramin Bank was formed by the merger of the erstwhile Bihar Gramin Bank and Rajya Bihar Gramin Bank. So, while not exactly the same entity today, the branches that were part of the original Bihar Gramin Bank now function under the umbrella of Madhya Bihar Gramin Bank, with Punjab National Bank as its sponsor.