Bihar Gramin Bank BITHOSHARIF IFSC Code

Welcome to our guide on the banking details for the Bihar Gramin Bank branch located in BITHOSHARIF, Gaya, Bihar. Understanding the Indian Financial System Code (IFSC) is essential for any digital money transfer. This unique code ensures that your funds reach the correct bank and branch swiftly and securely. Whether you are sending money through NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), or IMPS (Immediate Payment Service), the IFSC code acts as a crucial identifier for seamless transactions.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	BITHOSHARIF
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7222
Branch Address	BITHOSHARIF, Gaya, 823003, 9771464222
Contact Number	9771464222
City	Gaya
District	Gaya
Reason	GAYA
Pincode	823003
State	Bihar

Merger Update

Previously, several regional rural banks operated in Bihar, including Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These banks, along with others (like entities that might have been generically called “Bihar Gramin Bank”), have undergone restructuring and now often fall under the sponsorship of larger banks like Punjab National Bank.

For instance, the BITHOSHARIF branch, though listed as “Bihar Gramin Bank,” now uses the IFSC code PUNB0MBGB06. This code is specifically associated with *Madhya Bihar Gramin Bank*, a regional rural bank sponsored by Punjab National Bank. It is important to note that any old IFSC codes for previous entities like UBGB or DBGB, or any prior “Bihar Gramin Bank” structures, have been revoked.

Therefore, for any transactions involving this branch, or similar regional rural bank branches now under Punjab National Bank sponsorship, only the new IFSC code, such as PUNB0MBGB06, is valid. Always use this current code to ensure your fund transfers are successful.

What is IFSC Code?

The IFSC Code, or Indian Financial System Code, is an eleven-character alphanumeric code. It uniquely identifies every bank branch participating in online money transfers. This code is crucial for directing funds accurately to the intended recipient’s bank and branch.

The structure of the IFSC code is specific:

• The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, indicating its sponsorship.
• The fifth character is always zero (0). This character is reserved for future use and helps distinguish between various branches.
• The last six characters identify the specific branch. In this case, “MBGB06” identifies the Madhya Bihar Gramin Bank and its particular branch for BITHOSHARIF.

How to Use IFSC Code

Using the IFSC code is straightforward when initiating an online fund transfer. Here’s how it generally works for NEFT, RTGS, and IMPS:

1. Gather Recipient Details: Before starting, make sure you have the recipient’s full name, bank name, bank account number, and the correct IFSC code for their branch.
2. Log in to Your Banking Platform: Access your net banking portal or mobile banking app using your credentials.
3. Navigate to Fund Transfer: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
4. Add Beneficiary (If New): If you are sending money to this person for the first time, you will need to add them as a beneficiary. Provide their name, account number, and the IFSC code (PUNB0MBGB06 for BITHOSHARIF branch).
5. Select Beneficiary and Amount: Choose the recipient from your beneficiary list and enter the amount you wish to transfer.
6. Confirm Transaction: Review all details carefully. The system will use the IFSC code to verify the bank and branch. Confirm the transaction, often with an OTP (One-Time Password) for security.

Benefits of Knowing IFSC

• Accurate Fund Transfers: Ensures your money goes to the correct bank and branch without errors.
• Faster Processing: Enables quick processing of NEFT, RTGS, and IMPS transactions.
• Security: Reduces the risk of fraudulent transactions by uniquely identifying bank branches.
• Essential for Online Banking: A mandatory requirement for all digital fund transfers in India.
• Branch Identification: Helps in quickly identifying the specific branch for any banking needs.

Contact Information

For any queries related to the Bihar Gramin Bank BITHOSHARIF branch, you can use the following contact details:

• Branch Phone Number: 9771464222
• Branch Address: BITHOSHARIF, Gaya, 823003, 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 IFSC code and the Bihar Gramin Bank BITHOSHARIF branch:

Q1: Is the IFSC code PUNB0MBGB06 valid for all Bihar Gramin Bank branches?
A1: No, PUNB0MBGB06 is specific to the BITHOSHARIF branch, which operates under Madhya Bihar Gramin Bank, sponsored by Punjab National Bank. Each branch of Madhya Bihar Gramin Bank will have a unique last six characters in its IFSC code.

Q2: What should I do if my transaction fails due to an incorrect IFSC code?
A2: If your transaction fails, first re-check the IFSC code. Ensure you have the correct code (PUNB0MBGB06 for BITHOSHARIF branch) and the recipient’s account number. If the issue persists, contact your bank’s customer service or the branch directly using the provided contact number.

Q3: Can I use the MICR code for online fund transfers?
A3: No, the MICR (Magnetic Ink Character Recognition) code (800811002 for this branch) is primarily used for processing physical cheques. For online fund transfers like NEFT, RTGS, and IMPS, you must use the IFSC code.

Q4: How do I find the IFSC code for other Bihar Gramin Bank branches?
A4: You can typically find the IFSC code on the bank’s official website, your cheque book, or by contacting the bank’s customer service. Reliable third-party financial websites also list these codes, but always cross-verify.

Q5: What is the significance of “PUNB” in the IFSC code PUNB0MBGB06?
A5: “PUNB” signifies that Madhya Bihar Gramin Bank, under which this BITHOSHARIF branch operates, is sponsored by Punjab National Bank. This indicates the primary sponsoring bank for the regional rural bank.