Bihar Gramin Bank Chhapiya Buzurg IFSC Code

This article focuses on the financial details of the Bihar Gramin Bank’s Chhapiya Buzurg branch. This branch is located in Chhapiya Buzurg, within the Siwan district of Bihar. Understanding its Indian Financial System Code (IFSC) is crucial for anyone looking to send or receive money electronically. The IFSC code is like a unique address for the bank branch. It is essential for various digital fund transfers, including National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, your money transfers may fail or be delayed.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Chhapiya Buzurg
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100657
Branch Address	Chhapiya Buzurg, SIWAN, 841226
Contact Number	9297954427
City	SIWAN
District	SIWAN
Region	SIWAN
Pincode	841226
State	Bihar

Merger Update

It is important to note the history behind Bihar Gramin Bank’s IFSC code. Previously, there were two distinct regional rural banks in Bihar: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks merged to form a single entity, Bihar Gramin Bank. This new bank is sponsored by Punjab National Bank. Due to this merger and sponsorship, the IFSC codes have been updated.

All old IFSC codes previously used for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are now revoked and invalid. For any transactions with Bihar Gramin Bank branches, including Chhapiya Buzurg, you must use the new IFSC code, which begins with “PUNB0MBGB”. The specific code for the Chhapiya Buzurg branch is PUNB0MBGB06. Using an outdated IFSC code will lead to transaction failures.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It uniquely identifies every bank branch in India participating in the NEFT system. This code helps the Reserve Bank of India (RBI) manage and track electronic fund transfers efficiently.

Let’s break down the IFSC code for Bihar Gramin Bank, Chhapiya Buzurg branch (PUNB0MBGB06):

• First four characters (PUNB): These represent the bank code. In this case, “PUNB” stands for Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
• Fifth character (0): This is always a zero. It is reserved for future use and helps distinguish between the bank code and the branch code.
• Last six characters (MBGB06): These six characters uniquely identify the specific branch. “MBGB06” points directly to the Chhapiya Buzurg branch of Bihar Gramin Bank.

How to Use the IFSC Code

You will need the IFSC code whenever you want to transfer money electronically to or from the Bihar Gramin Bank, Chhapiya Buzurg branch. Here’s how it typically works for different types of transactions:

For NEFT (National Electronic Funds Transfer)

NEFT is an electronic fund transfer system that operates in batches.

1. Log in to your online banking portal or mobile banking app.
2. Select “Fund Transfer” and then “NEFT.”
3. Add the beneficiary (the person you are sending money to). You will need their name, account number, account type, and the IFSC code of their bank branch (PUNB0MBGB06 for Chhapiya Buzurg).
4. Enter the amount you wish to transfer.
5. Confirm the details. The transfer will be processed during banking hours.

For RTGS (Real Time Gross Settlement)

RTGS is a real-time fund transfer system, usually used for large amounts.

1. Access your online banking or mobile banking app.
2. Choose “Fund Transfer” and then “RTGS.”
3. Add the beneficiary details: name, account number, account type, and the correct IFSC code (PUNB0MBGB06).
4. Input the transfer amount. RTGS typically has a minimum transfer limit.
5. Review all information carefully before confirming the transaction. The funds are transferred almost immediately.

For IMPS (Immediate Payment Service)

IMPS allows instant, 24/7 fund transfers, even on holidays.

1. Open your mobile banking app or use an IMPS-enabled service.
2. Select “IMPS Fund Transfer.”
3. Enter the beneficiary’s mobile number and MMID (Mobile Money Identifier) if available, *or* their account number and IFSC code (PUNB0MBGB06).
4. Specify the amount you want to send.
5. Verify the details and confirm. The money is transferred instantly.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for the Chhapiya Buzurg branch offers several advantages:

• Accurate Transfers: It ensures your money goes to the correct branch and account, preventing misdirected funds.
• Faster Transactions: With the right IFSC, NEFT, RTGS, and IMPS transactions are processed smoothly and quickly.
• Enhanced Security: The unique code helps maintain the integrity and security of the electronic fund transfer system.
• Prevents Errors: Using the correct code reduces the chances of transaction failures or delays due to incorrect bank details.
• Convenience: It simplifies online and mobile banking, making it easy to manage your finances from anywhere.

Contact Information

Should you need to contact the Chhapiya Buzurg branch or the Bihar Gramin Bank head office, here are the details:

• Chhapiya Buzurg Branch Phone Number: 9297954427
• Chhapiya Buzurg Branch Address: Chhapiya Buzurg, SIWAN, 841226, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: Is the IFSC code PUNB0MBGB06 only for the Chhapiya Buzurg branch?
A1: Yes, the last six characters (MBGB06) of the IFSC code uniquely identify the Chhapiya Buzurg branch of Bihar Gramin Bank. Other branches will have different last six characters.

Q2: What happens if I use an old IFSC code for a Bihar Gramin Bank transaction?
A2: If you use an old or revoked IFSC code, your electronic fund transfer (NEFT, RTGS, IMPS) will likely fail. The transaction will be rejected, and the funds will not be transferred to the beneficiary. Always use the current IFSC code, PUNB0MBGB06, for the Chhapiya Buzurg branch.

Q3: Can I use this IFSC code for a different bank?
A3: No, an IFSC code is specific to a bank and a branch. PUNB0MBGB06 is only for the Bihar Gramin Bank, Chhapiya Buzurg branch. Using it for any other bank or branch will result in a failed transaction.

Q4: How can I confirm the IFSC code if I am unsure?
A4: You can confirm the IFSC code from several sources:

1. Your bank’s passbook or cheque book.
2. The bank’s official website.
3. The Reserve Bank of India (RBI) website.
4. By contacting the bank directly at the provided contact numbers.

Q5: What is the significance of “PUNB” in the IFSC code?
A5: “PUNB” indicates that Punjab National Bank is the sponsoring bank for Bihar Gramin Bank. This reflects the administrative relationship between the two banks, especially after the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank to form Bihar Gramin Bank.