Bihar Gramin Bank BRAHMPUR IFSC Code

The Bihar Gramin Bank branch in BRAHMPUR, located in Patna, Bihar, plays an important role for local residents. When you need to send or receive money electronically, a specific code called the IFSC (Indian Financial System Code) is essential. This code ensures your funds go to the correct bank and branch. It’s crucial for digital transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service).

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	BRAHMPUR
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7548
Branch Address	BRAHMPUR, Patna, 800027
Contact Number	7541807548
City	Patna
District	Patna
Pincode	800811002
State	Bihar

Merger Update

Many regional rural banks in Bihar have consolidated to form a single, unified entity. This includes banks previously known as Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These banks, along with others, now operate under the name Bihar Gramin Bank. This larger bank is sponsored by Punjab National Bank.

Because of this merger, all branches now use a consistent IFSC code pattern. For the BRAHMPUR branch, the IFSC code is PUNB0MBGB06. It is important to know that any old IFSC codes used by UBGB or DBGB branches are no longer valid for transactions. Always use the new, unified IFSC code, such as PUNB0MBGB06, for all your electronic fund transfers to ensure your money reaches its destination correctly.

What is an IFSC Code?

The IFSC code is an 11-character alphanumeric code. It uniquely identifies every bank branch in India participating in electronic funds transfers. Think of it as a specific address for a bank branch in the digital world.

• The first four characters represent the bank name. For the BRAHMPUR branch, “PUNB” signifies Punjab National Bank, which sponsors Bihar Gramin Bank.
• The fifth character is always “0” (zero). This character is reserved for future use.
• The last six characters identify the specific branch. For the BRAHMPUR branch, “MBGB06” points directly to this particular location.

Understanding this structure helps you verify the code’s accuracy before making a transaction.

How to Use an IFSC Code

Using the IFSC code correctly is vital for any electronic fund transfer. Here’s how you typically use it for different types of transactions:

• NEFT (National Electronic Funds Transfer): When you want to send money via NEFT, you will need to add the beneficiary’s details. This includes their name, account number, account type, and the correct IFSC code of their bank branch. The funds are processed in batches throughout the day.
• RTGS (Real-Time Gross Settlement): RTGS is for high-value transfers, usually above Rs. 2 lakh. Similar to NEFT, you must provide the beneficiary’s account number, name, and the exact IFSC code. RTGS transactions are processed individually and in real-time.
• IMPS (Immediate Payment Service): IMPS allows instant, 24/7 fund transfers. You can use the beneficiary’s IFSC code and account number, or sometimes just their mobile number and MMID (Mobile Money Identifier).

In all these methods, typing the IFSC code accurately is the key to a successful transfer. Even a single wrong character can lead to transaction failure or, in rare cases, send money to the wrong account.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, and for the branches of those you transact with, offers several benefits:

• Accurate Transfers: It ensures your money goes to the correct bank and branch without errors.
• Secure Transactions: By precisely identifying the destination, the IFSC code adds a layer of security to your digital payments.
• Faster Processing: Correct IFSC codes help banks process NEFT, RTGS, and IMPS transactions quickly.
• Unique Identification: Each branch has a unique code, making it easy to distinguish between different branches of the same bank.
• Prevents Fraud: Using verified IFSC codes helps prevent funds from being misdirected due to incorrect or fraudulent information.

Contact Section

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

• Branch Phone Number: 7541807548
• Branch Address: BRAHMPUR, Patna, 800027, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some frequently asked questions about IFSC codes:

Q1: What does IFSC stand for?
A: IFSC stands for Indian Financial System Code. It is a unique code used for electronic fund transfers within India.

Q2: Is an IFSC code required for all bank transactions?
A: No, an IFSC code is specifically required for electronic fund transfers like NEFT, RTGS, and IMPS. It is not needed for cash deposits, ATM withdrawals, or passbook updates.

Q3: How can I find the IFSC code for a different bank branch?
A: You can usually find the IFSC code on your cheque book, bank passbook, or your bank’s official website. Many third-party financial websites also provide IFSC code look-up services.

Q4: What happens if I use a wrong IFSC code during a transfer?
A: If the IFSC code is incorrect, the transaction will likely fail and the money will not be transferred. In some cases, if the incorrect IFSC code corresponds to a valid branch but the account number doesn’t match, the transaction will still fail. It’s crucial to double-check both the IFSC and account number.

Q5: Does the IFSC code ever change for a bank branch?
A: IFSC codes generally remain stable. However, they can change in situations like bank mergers, acquisitions, or if a branch relocates. If there’s a change, the bank usually informs its customers and updates its records. After a merger, old IFSC codes become invalid.