The Chakardaha branch of Bihar Gramin Bank is located in the Araria district of Bihar. For anyone needing to send money to an account at this branch using online methods, the Indian Financial System Code (IFSC) is essential. This unique 11-character code acts as a specific address for the branch, ensuring that funds transferred through systems like NEFT, RTGS, and IMPS are routed correctly and without error.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Chakardaha |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | Chakardaha, ARARIA, 854318 |
| Contact Number | 9297954362 |
| City | ARARIA |
| District | ARARIA |
| State | Bihar |
Merger and Updated IFSC Code
It is important for all customers to know that Bihar Gramin Bank was formed by the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this merger, the bank is now sponsored by Punjab National Bank (PNB).
As a result, all old IFSC codes previously used for UBGB and DBGB branches are no longer valid and have been officially revoked. All transactions must now use the new, standardized IFSC codes that start with ‘PUNB’. For the Chakardaha branch, the only valid IFSC code is PUNB0MBGB06. Using an old code will result in a failed or rejected transaction.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. This code helps to identify the specific branch involved in a transaction, eliminating confusion and errors.
The structure of the IFSC code PUNB0MBGB06 can be broken down as follows:
- PUNB: The first four characters represent the name of the bank. In this case, ‘PUNB’ stands for Punjab National Bank, the sponsor bank.
- 0: The fifth character is always a zero. It is reserved for future use.
- MBGB06: The last six characters identify the specific branch. For this branch, it is ‘MBGB06’.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for an online money transfer is a simple process. Whether you are using a mobile banking app or a desktop web portal, the steps are generally the same.
- Log into your net banking or mobile banking application.
- Navigate to the ‘Fund Transfer’ section and select the payment method: NEFT, RTGS, or IMPS.
- Add a new beneficiary or select an existing one. You will be prompted to enter the beneficiary’s details.
- Enter the recipient’s name, bank account number, and the IFSC code: PUNB0MBGB06.
- Double-check that all details, especially the account number and IFSC code, are correct.
- Enter the amount you wish to transfer and confirm the transaction.
Benefits of Using the IFSC Code
- Accuracy: The code ensures that your money is sent to the exact bank branch you intend, preventing misdirected funds.
- Error Reduction: It minimizes the risk of manual errors that could occur if transfers were routed using only bank names and addresses.
- Faster Processing: IFSC codes enable automated processing of transactions, making NEFT, RTGS, and IMPS services fast and efficient.
- Security: It adds a layer of verification to the fund transfer process, contributing to the security of digital banking.
Contact Information
For any direct inquiries, you can reach out to the branch or the bank’s head office.
- Branch Contact Number: 9297954362
- Branch Address: Chakardaha, ARARIA, Bihar – 854318
- Head Office Address: Bihar Gramin Bank, SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions
- 1. Can I still use my old Uttar Bihar Gramin Bank (UBGB) IFSC code?
- No. All old IFSC codes for both UBGB and Dakshin Bihar Gramin Bank are invalid. You must use the new PNB-sponsored IFSC code, which is PUNB0MBGB06 for the Chakardaha branch.
- 2. What happens if I enter the wrong IFSC code?
- If the IFSC code you enter does not exist, the transaction will likely be rejected immediately by your bank’s system. If the code exists but belongs to a different branch, the funds could be sent to the wrong branch and the transfer will either be returned or delayed significantly.
- 3. Is the IFSC code the same for all branches of Bihar Gramin Bank?
- No. While the first four letters (‘PUNB’) might be common due to the sponsor bank, the last six characters are unique to each branch. Always use the specific code for the branch you are sending money to.
- 4. Where can I find the IFSC code for my branch?
- The IFSC code is printed on the chequebooks issued by the bank. It is also usually mentioned on the first page of your passbook and can be found on the bank’s official website or by contacting the branch directly.
- 5. Are NEFT, RTGS, and IMPS available at the Chakardaha branch?
- Yes, having an IFSC code means the branch is part of the electronic funds transfer network, enabling it to process NEFT, RTGS, and IMPS transactions.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.