The Bihar Gramin Bank branch in Chuhari, located in the West Champaran district of Bihar, serves a vital role for local residents and businesses. When you need to send or receive money digitally through methods like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), a unique code called the Indian Financial System Code (IFSC) becomes essential. This code acts like a digital address, ensuring your funds reach the exact bank and branch without errors.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Chuhari |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100221 |
| Branch Address | Chuhari, WEST CHAMPARAN, 845450 |
| Contact Number | 9297954034 |
| City | WEST CHAMPARAN |
| District | WEST CHAMPARAN |
| Region | BETTIAH |
| Pincode | 845450 |
| State | Bihar |
Merger Update for Regional Rural Banks in Bihar
Bihar Gramin Bank operates as a Regional Rural Bank (RRB) sponsored by Punjab National Bank. It’s important to understand the changes that have occurred in the regional rural banking landscape in Bihar. Previously, banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) existed. These entities, along with other regional rural banks, have undergone mergers and restructuring. As a result, many branches now operate under a unified system with new IFSC codes, typically beginning with “PUNB0” to reflect their sponsorship by Punjab National Bank.
Specifically, the IFSC code PUNB0MBGB06 for the Chuhari branch is part of this consolidated system. If you previously held an account with or needed to transfer funds to a branch that was part of the former Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank, please note that their old IFSC codes are no longer valid for transactions. You must now use the new, consolidated IFSC codes, such as PUNB0MBGB06, for any fund transfers to ensure your transaction is processed correctly.
What is an IFSC Code?
The IFSC Code, which stands for Indian Financial System Code, is an 11-character alphanumeric code used to identify bank branches participating in online money transfers. It’s unique to each branch and helps the banking system route funds to the correct destination during transactions like NEFT, RTGS, and IMPS.
The structure of the IFSC code is straightforward:
- The first four characters represent the bank name. For example, “PUNB” in PUNB0MBGB06 stands for Punjab National Bank.
- The fifth character is always ‘0’ (zero). This is a control character reserved for future use.
- The last six characters identify the specific branch. In the case of PUNB0MBGB06, “MBGB06” uniquely identifies the Chuhari branch of Bihar Gramin Bank.
How to Use an IFSC Code
Using the IFSC code is simple and crucial for any digital fund transfer. Here’s a general guide on how to use it for NEFT, RTGS, and IMPS:
- Log In: Access your internet banking portal or mobile banking app.
- Select Transfer Option: Navigate to the ‘Fund Transfer’ or ‘Payments’ section. Choose between NEFT, RTGS, or IMPS, depending on your urgency and amount.
- Add Beneficiary: If you’re sending money to a new recipient, you’ll need to add them as a beneficiary. Provide their full name, account number, account type, bank name, and the all-important IFSC code (e.g., PUNB0MBGB06 for the Chuhari branch).
- Verify Details: Double-check all the entered information, especially the account number and IFSC code, to prevent errors.
- Enter Amount: Specify the amount you wish to transfer.
- Confirm and Send: Authenticate the transaction, usually with an OTP (One-Time Password) or transaction PIN.
The system uses the IFSC code to correctly identify the recipient’s bank and specific branch, ensuring your money reaches the right place quickly and securely.
Benefits of Knowing Your IFSC Code
Knowing the correct IFSC code for your bank branch, or for the branch you wish to send money to, offers several important benefits:
- It ensures your digital fund transfers (NEFT, RTGS, IMPS) are routed to the precise bank and branch, preventing delays or misdirection of funds.
- It speeds up the process of adding new beneficiaries for online transactions, making future transfers quicker.
- It significantly reduces the chances of errors during inter-bank transfers.
- It is mandatory for all major electronic payment systems in India, making it indispensable for modern banking.
- It allows for seamless financial interactions between different banks and their branches across the country.
Contact Information
For any queries or assistance related to the Chuhari branch of Bihar Gramin Bank, you can use the following contact details:
- Branch Phone Number: 9297954034
- Branch Address: Chuhari, WEST CHAMPARAN, 845450, Bihar
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions
Here are some common questions about IFSC codes and their use:
Q1: What does IFSC stand for?
A1: IFSC stands for Indian Financial System Code.
Q2: Is the IFSC code for Bihar Gramin Bank Chuhari permanent?
A2: Generally, an IFSC code is permanent. However, in cases of bank mergers, acquisitions, or significant restructuring, new IFSC codes may be assigned. For the Chuhari branch, PUNB0MBGB06 is the current valid code.
Q3: Can I use an old IFSC code for a former Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branch?
A3: No, you should not use old IFSC codes for former UBGB or DBGB branches. Due to mergers and restructuring, these old codes are typically revoked. You must use the new, unified IFSC codes, such as those beginning with “PUNB0” for Punjab National Bank-sponsored regional rural banks, to ensure your transaction is successful.
Q4: What happens if I enter a wrong IFSC code during a transfer?
A4: If you enter an incorrect IFSC code, the transaction will most likely fail and the funds will not be debited from your account. In some rare cases, if the incorrect code corresponds to another valid branch, the funds might be delayed or misdirected. Always double-check the IFSC code before confirming any transaction.
Q5: Is an IFSC code required for cash deposits or withdrawals at a branch?
A5: No, an IFSC code is generally not required for basic cash deposits or withdrawals made physically at a bank branch counter. It is primarily used for electronic fund transfers like NEFT, RTGS, and IMPS.
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.