Bihar Gramin Bank CHIRAILA IFSC Code

The Bihar Gramin Bank branch in CHIRAILA is located in the Aurangabad district of Bihar. For anyone looking to send or receive money through this branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code acts like a digital address, ensuring that online fund transfers through services like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) reach the correct bank branch without any errors.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	CHIRAILA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	CHIRAILA, Aurangabad, 824112
Contact Number	7541807534
City	Aurangabad
District	Aurangabad
State	Bihar
Pincode	824112

Merger and IFSC Update

Previously, Bihar had two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since been amalgamated to form a single entity, now known as Bihar Gramin Bank. This new bank is sponsored by Punjab National Bank (PNB).

As a result of this merger, all old IFSC codes belonging to the former UBGB and DBGB branches are now invalid. For all transactions, customers must use the new IFSC codes. The new codes, like PUNB0MBGB06 for the CHIRAILA branch, start with ‘PUNB’ to reflect the sponsorship by Punjab National Bank. Using an old code will lead to transaction failure.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code that uniquely identifies a bank branch participating in the NEFT system. The Reserve Bank of India (RBI) assigns these codes to ensure that funds are routed correctly. Let’s break down the structure of the CHIRAILA branch’s IFSC code: PUNB0MBGB06.

• PUNB: The first four letters represent the name of the bank. In this case, it signifies 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 represent the specific branch. This part of the code identifies the CHIRAILA branch.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code to send money is a straightforward process. Whether you are using a mobile banking app or an internet banking portal, the steps are generally the same.

1. Log In: Access your bank’s net banking website or mobile application.
2. Add Beneficiary: Before you can send money, you must add the recipient as a beneficiary or payee. Navigate to the ‘Fund Transfer’ or ‘Payments’ section and select ‘Add Beneficiary’.
3. Enter Details: You will be asked to provide the recipient’s details, which include:
   • Beneficiary’s Name
   • Beneficiary’s Account Number
   • Bank Name (Bihar Gramin Bank)
   • IFSC Code (PUNB0MBGB06)
   • Branch Name (CHIRAILA)
4. Initiate Transfer: Once the beneficiary is added (which may take a few minutes to a few hours to activate), you can initiate a fund transfer by selecting their name and choosing your preferred transfer method (NEFT, RTGS, or IMPS).

Benefits of Using the Correct IFSC Code

• Accuracy: It ensures that your money is sent to the exact bank and branch you intend, eliminating confusion.
• Prevents Errors: Using the correct code significantly reduces the risk of failed transactions or delays in payment processing.
• Enables Digital Banking: The IFSC code is the backbone of all major online fund transfer systems in India, including NEFT, RTGS, and IMPS.
• Security: It adds a layer of verification, making electronic fund transfers more secure and reliable.

Contact Information

For any direct inquiries, you can reach out to the branch or the head office.

Branch Contact
Phone: 7541807534
Address: CHIRAILA, Aurangabad, Bihar – 824112

Head Office Contact
Toll-Free Number: 18001807777
Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar

Frequently Asked Questions

1. What is the new IFSC code for the Bihar Gramin Bank, CHIRAILA branch?
The correct and current IFSC code for the CHIRAILA branch is PUNB0MBGB06. Make sure to update this in your records if you have the old one saved.

2. Why does the IFSC code for Bihar Gramin Bank start with ‘PUNB’?
The code starts with ‘PUNB’ because Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank after the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank.

3. Can I still use my old Dakshin Bihar Gramin Bank IFSC code for transactions?
No. All IFSC codes from the pre-merger era of Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank are now inactive. You must use the new IFSC code for all online transactions to avoid failure.

4. What should I do if I enter the wrong IFSC code?
If you enter an invalid IFSC code, the transaction will most likely be rejected by your bank. If the code is valid but belongs to a different branch, the funds could be credited to an unintended account. It is crucial to double-check the code before confirming a transfer.

5. Is the IFSC code the same for all branches of Bihar Gramin Bank?
No, each branch of Bihar Gramin Bank has its own unique IFSC code. The last six characters of the code are specific to each branch, so you cannot use the CHIRAILA branch code for a transaction with another branch.