Bihar Gramin Bank Chak Raj Ali IFSC Code

This article provides details about the Bihar Gramin Bank branch located in Chak Raj Ali, Samastipur, Bihar. Understanding the Indian Financial System Code (IFSC) for this branch is crucial for anyone needing to send or receive money electronically. The IFSC code ensures that your funds are transferred to the correct bank and branch when you use services like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service).

Branch Details

Here are the specific details for the Bihar Gramin Bank, Chak Raj Ali branch:

Bank Name	Bihar Gramin Bank
Branch Name	Chak Raj Ali
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3987
Branch Address	Chak Raj Ali, Samastipur, 848504
Contact Number	9523097253
City	Samastipur
District	Samastipur
Reason	SAMASTIPUR
Pincode	848504
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank, which includes the Chak Raj Ali branch, was formed through the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). As a result of this consolidation, all branches now operate under a unified system. Punjab National Bank sponsors Bihar Gramin Bank. This means that the official and currently valid IFSC code for all Bihar Gramin Bank branches, including Chak Raj Ali, is PUNB0MBGB06.

It is important to note that any old IFSC codes previously used for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches have been revoked. For any financial transactions today, only the new IFSC code, PUNB0MBGB06, is valid. Using an outdated code will cause your transaction to fail.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to uniquely identify every bank branch participating in online money transfers in India. This code helps to route your funds accurately to the correct recipient bank and branch.

The structure of the IFSC code is as follows:

• The first four characters represent the bank name. For Bihar Gramin Bank, sponsored by Punjab National Bank, these are “PUNB”.
• The fifth character is always a “0” (zero). This is a control character reserved for future use and remains constant across all IFSC codes.
• The last six characters identify the specific branch. For the Chak Raj Ali branch, these are “MBGB06”.

So, for the Chak Raj Ali branch of Bihar Gramin Bank, the IFSC code PUNB0MBGB06 breaks down as: PUNB (Bank Code) + 0 (Control Character) + MBGB06 (Branch Identifier).

How to Use the IFSC Code for Transfers

When you need to send money using NEFT, RTGS, or IMPS, the IFSC code is a mandatory piece of information. Here’s a general guide on how to use it:

1. Log in to your Net Banking or Mobile Banking App: Access your bank’s online platform.
2. Select Fund Transfer Option: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
3. Add Beneficiary (if new): If you are sending money to this account for the first time, you will need to add them as a beneficiary.
4. Enter Beneficiary Details: You will be prompted to enter several details:
   • Beneficiary Name (the full name of the person or entity receiving the money)
   • Beneficiary Account Number (the account number of the recipient)
   • Confirm Beneficiary Account Number
   • IFSC Code: Enter PUNB0MBGB06 for the Chak Raj Ali branch.
   • Bank Name (Bihar Gramin Bank)
   • Branch Name (Chak Raj Ali)
5. Enter Amount and Remarks: Specify the amount you wish to transfer and any remarks for the transaction.
6. Confirm and Authorize: Review all the details carefully, then confirm and authorize the transfer using your transaction password or OTP.

The system uses the IFSC code to ensure the money reaches the correct branch of the Bihar Gramin Bank, even if there are multiple branches with similar names.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for the branch you are sending money to, offers several advantages:

• Ensures Accurate Transfers: It guarantees that your money is routed to the precise bank and branch, preventing errors and delays.
• Enables Electronic Transactions: It is essential for all major digital fund transfer methods like NEFT, RTGS, and IMPS.
• Faster Processing: Correct IFSC codes help banks process transactions quickly and efficiently.
• Avoids Transaction Failures: Using the right code prevents your transfer from being rejected, saving you time and effort.
• Increases Security: The unique identification helps maintain the security and integrity of the banking system.

Contact Information

For inquiries related to the Chak Raj Ali branch or Bihar Gramin Bank, you can use the following contact details:

• Chak Raj Ali Branch Phone Number: 9523097253
• Chak Raj Ali Branch Address: Chak Raj Ali, Samastipur, 848504
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Here are answers to some common questions about IFSC codes and Bihar Gramin Bank:

Q1: What does IFSC stand for?
A1: IFSC stands for Indian Financial System Code. It is an 11-character code used for electronic fund transfers within India.

Q2: Is the 5th character of the IFSC code always zero?
A2: Yes, the fifth character of every IFSC code is always ‘0’ (zero). This character is reserved for future use.

Q3: What happens if I use an incorrect IFSC code for a transfer?
A3: If you use an incorrect IFSC code, your electronic fund transfer will most likely fail. The money will not be debited from your account, or it will be returned to you after the system detects the discrepancy. It’s crucial to always verify the IFSC code before initiating a transaction.

Q4: Can I find the IFSC code on my bank passbook or chequebook?
A4: Yes, the IFSC code is usually printed on the first page of your bank passbook and on cheque leaves. You can also find it on the bank’s official website or by contacting the branch directly.

Q5: Is the IFSC code PUNB0MBGB06 specific to the Chak Raj Ali branch?
A5: Yes, the last six characters “MBGB06” specifically identify the Chak Raj Ali branch of Bihar Gramin Bank. While the first five characters (PUNB0) are common to many Bihar Gramin Bank branches under Punjab National Bank, the complete 11-character code PUNB0MBGB06 is unique to this specific branch.

Q6: After the merger, do I need a new account number if I had an account with UBGB or DBGB?
A6: Generally, account numbers remain the same after a merger. However, it’s always best to confirm with your specific branch. The main change you need to be aware of is the unified IFSC code, PUNB0MBGB06, which must be used for all electronic transfers.