The Chandheri branch of Bihar Gramin Bank is located in the Bhagalpur district of Bihar. For anyone needing to send or receive money electronically through this branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code is mandatory for all major online fund transfers in India, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC code acts like a digital address, ensuring that your funds are routed correctly and securely to the intended bank branch without any delays or errors.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Chandheri |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | Chandheri, Bhagalpur, 813210, Bihar |
| Contact Number | 7061383159 |
| City | Bhagalpur |
| District | Bhagalpur |
| State | Bihar |
Important Merger Information
Bihar Gramin Bank was formed through the amalgamation of two separate 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 As a result, all old IFSC codes belonging to the former UBGB and DBGB have been discontinued and are no longer valid for transactions. To ensure successful fund transfers, customers must use the new, updated IFSC codes that start with the prefix ‘PUNB’. For the Chandheri branch, the only valid IFSC code is PUNB0MBGB06.
Understanding the IFSC Code
The 11-character IFSC code has a specific structure that helps identify the bank and its branch in the central banking system. Let’s break down PUNB0MBGB06:
- PUNB: The first four letters represent the name of the sponsor bank, which is Punjab National Bank.
- 0: The fifth character is always a zero. It is a control character reserved for future use by the Reserve Bank of India (RBI).
- MBGB06: The last six characters are the unique identifier for the specific branch. In this case, it identifies the Chandheri branch of Bihar Gramin Bank.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for online banking is straightforward. Whether you are using a mobile app or a desktop website, the steps are generally the same for NEFT, RTGS, or IMPS transactions.
- Log in to your banking portal: Access your account through your bank’s net banking website or mobile application.
- Select Fund Transfer: Navigate to the payments or fund transfer section and choose your preferred method (NEFT, RTGS, or IMPS).
- Add Beneficiary Details: If you haven’t sent money to this person before, you will need to add them as a beneficiary or payee. You will be prompted to enter their name, account number, and the bank’s IFSC code.
- Enter the IFSC Code: In the designated field, carefully enter PUNB0MBGB06. Also, provide the beneficiary’s Bihar Gramin Bank account number.
- Verify and Confirm: Double-check all the details, especially the account number and IFSC code, to prevent errors. Once confirmed, authorize the transaction using your password or PIN.
Why the IFSC Code is Important
- Ensures Accuracy: It directs funds to the exact bank and branch, minimizing the risk of misdirected payments.
- Enables Digital Transactions: It is a fundamental requirement for all automated electronic fund transfers in India.
- Speeds Up Processing: The unique code allows for automated routing of funds by the RBI’s clearinghouse, making transactions faster and more efficient.
- Increases Security: By verifying both the bank and branch, the IFSC code adds a layer of confirmation to your financial transactions.
Contact and Support
For any questions or assistance related to your account or transactions, you can reach out to the branch or the bank’s head office.
- Branch Phone Number: 7061383159
- Branch Address: Chandheri, Bhagalpur, 813210, Bihar
- Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna-800030, Bihar
- Toll-Free Number: 18001807777
Frequently Asked Questions
Can I still use my old Dakshin Bihar Gramin Bank (DBGB) IFSC code?
No. After the merger, all old IFSC codes for both DBGB and UBGB are invalid. You must use the new IFSC code, PUNB0MBGB06, for the Chandheri branch to ensure your transaction is successful.
What happens if I enter the wrong IFSC code?
If the IFSC code you enter does not exist, the transaction will be rejected, and the money will be credited back to your account. However, if you enter a valid IFSC code that belongs to a different branch, the funds might be misdirected. It is crucial to always verify the code before confirming a payment.
Is the IFSC code the same for all branches of Bihar Gramin Bank?
No. While the first four letters (PUNB) are common for all branches because of the sponsor bank, the last six characters are unique to each specific branch. The code PUNB0MBGB06 is exclusively for the Chandheri branch.
Where else can I find my branch’s IFSC code?
You can find the IFSC code printed on the cheque leaves issued by your branch. It is also available on your bank passbook and the official website of Bihar Gramin Bank.
Do I need an IFSC code for UPI payments?
No, you do not need to manually enter an IFSC code for UPI transactions. UPI uses a Virtual Payment Address (VPA) like yourname@bank, and the system handles the routing of funds automatically in the background.
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.