Bihar Gramin Bank Bulla Chak IFSC Code

This article focuses on the Bihar Gramin Bank branch located in Bulla Chak, Sheikhpura, Bihar. When you need to send or receive money through electronic transfers like NEFT, RTGS, or IMPS, knowing the correct Indian Financial System Code (IFSC) for this specific branch is essential. This unique 11-character code ensures your funds reach the intended bank and branch safely and efficiently.

Branch Details

Field	Detail
Bank Name	Bihar Gramin Bank
Branch Name	Bulla Chak
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3314
Branch Address	Bulla Chak, Sheikhpura, 811105, 8102918602
Contact Number	8102918602
City	Sheikhpura
District	Sheikhpura
Reason	NAWADA
Pincode	811105
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank was formed from the merger of two prominent regional rural banks in Bihar: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these banks have now merged into the single entity known as Bihar Gramin Bank.

As a result of this merger, all branches of the former Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank now operate under the unified Bihar Gramin Bank. The sponsor bank for Bihar Gramin Bank is Punjab National Bank. This means that all transactions for Bihar Gramin Bank branches, including the Bulla Chak branch, now use a single, standardized IFSC code series, starting with PUNB.

Specifically, the IFSC code for Bihar Gramin Bank, Bulla Chak branch, is PUNB0MBGB06. It is crucial to understand that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank have been revoked and are no longer valid for fund transfers. For any transaction to or from the Bulla Chak branch or any other Bihar Gramin Bank branch, you must use the new, valid IFSC code PUNB0MBGB06. Using an old or incorrect code will cause your transaction to fail.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character code that uniquely identifies every bank branch in India. It is used primarily for electronic fund transfers like NEFT, RTGS, and IMPS.

The structure of the IFSC code is straightforward:

• The first four characters represent the bank’s name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsor bank of Bihar Gramin Bank.
• The fifth character is always a “0” (zero). This is reserved for future use.
• The last six characters uniquely identify the specific bank branch. In our example, “MBGB06” identifies the Bihar Gramin Bank and its Bulla Chak branch within the Punjab National Bank system.

This systematic structure ensures that when you initiate a transfer, your money is routed correctly to the exact branch of the recipient.

How to Use an IFSC Code

Using the IFSC code is a key part of making electronic fund transfers. Here’s how it works for common transfer types:

For NEFT (National Electronic Funds Transfer):

NEFT is a nationwide payment system that allows you to transfer funds from one bank account to another. Transfers are processed in batches throughout the day.

1. Log in to your bank’s online banking portal or mobile app.
2. Select “NEFT” as the transfer type.
3. Add a new beneficiary (recipient) or select an existing one.
4. Enter the beneficiary’s name, bank account number, and the correct IFSC code (PUNB0MBGB06 for Bulla Chak branch).
5. Enter the amount you wish to transfer and confirm the details.

For RTGS (Real Time Gross Settlement):

RTGS is designed for large-value transactions, typically for amounts of 2 lakh rupees or more. Transfers are processed continuously in real time.

1. Access your bank’s online banking or mobile app.
2. Choose “RTGS” as the transfer method.
3. Provide the beneficiary’s details: name, account number, and the IFSC code (PUNB0MBGB06).
4. Input the amount to be transferred and review all information carefully before confirming.

For IMPS (Immediate Payment Service):

IMPS allows for instant, 24/7 fund transfers, even on holidays. It’s often used for smaller, urgent transfers.

1. Open your bank’s mobile banking app or UPI app.
2. Select “IMPS” for the transaction.
3. Enter the beneficiary’s mobile number and MMID (Mobile Money Identifier) if available, or their account number and IFSC code (PUNB0MBGB06).
4. Enter the amount and confirm the transaction.

Always double-check the IFSC code, account number, and beneficiary name to avoid errors and ensure your funds go to the right place.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for a recipient’s branch, offers several important benefits:

• Guaranteed Accuracy: It ensures that your electronic fund transfer reaches the correct bank and branch without delays or errors.
• Faster Transactions: Correct IFSC codes help processing systems quickly route funds, leading to faster completion of NEFT, RTGS, and IMPS transactions.
• Security: It adds an extra layer of verification, making sure your money goes to the intended recipient and preventing fraud.
• Convenience: With the correct IFSC, you can easily set up beneficiaries for online transfers, saving time for future transactions.
• Compliance: Using the IFSC code is a mandatory requirement by the Reserve Bank of India (RBI) for all inter-bank electronic fund transfers.

Contact Information

Bihar Gramin Bank, Bulla Chak Branch:

• Phone Number: 8102918602
• Branch Address: Bulla Chak, Sheikhpura, 811105, Bihar

Bihar Gramin Bank Head Office:

• Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

What does the IFSC code PUNB0MBGB06 mean?

PUNB0MBGB06 is the Indian Financial System Code for Bihar Gramin Bank, Bulla Chak branch. “PUNB” indicates Punjab National Bank, the sponsor bank. The “0” is for future use, and “MBGB06” specifically identifies the Bihar Gramin Bank and its Bulla Chak branch.

Is the old IFSC code for Uttar Bihar Gramin Bank still valid for this branch?

No. Following the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank into Bihar Gramin Bank, all old IFSC codes are revoked. You must use the new unified IFSC code, PUNB0MBGB06, for all transactions involving the Bulla Chak branch.

Can I use the IFSC code for cash deposits or withdrawals?

The IFSC code is specifically for electronic fund transfers like NEFT, RTGS, and IMPS. You do not need an IFSC code for cash deposits or withdrawals at a bank branch. For these, you typically need the account number and your identification.

What should I do if my fund transfer fails due to an incorrect IFSC code?

If your transaction fails because of an incorrect IFSC code, the funds will usually be reversed to your account within a few hours or one to two business days. You should re-initiate the transfer using the correct IFSC code, PUNB0MBGB06, and verify all other beneficiary details.

Where can I find the IFSC code for other Bihar Gramin Bank branches?

You can find the IFSC code for other Bihar Gramin Bank branches on the bank’s official website, your bank passbook, or by contacting the bank’s customer service. You can also look up this information on reliable third-party financial websites.