Bihar Gramin Bank Fakruddinpur IFSC Code

The village of Fakruddinpur is located in the SIWAN district of Bihar. It is an important local hub where residents rely on banking services for their financial needs. For anyone looking to transfer funds to or from the Bihar Gramin Bank branch in Fakruddinpur, understanding the Indian Financial System Code (IFSC) is crucial. This unique 11-character code acts like a digital address for the branch, making sure your money reaches the right account without any issues. Whether you are sending money via NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the correct IFSC code is always required to complete the transaction.

Branch Details Table

Detail	Information
Bank Name	Bihar Gramin Bank
Branch Name	Fakruddinpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108121
Branch Address	Fakruddinpur, SIWAN, 841506, 9297954436
Contact Number	9297954436
City	SIWAN
District	SIWAN
Region	SIWAN
Pincode	841506
State	Bihar

Merger Update

Many Regional Rural Banks across India have undergone mergers to create stronger, unified entities. In Bihar, banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged as part of these reforms. The current Bihar Gramin Bank, under the sponsorship of Punjab National Bank, now uses a single, standardized IFSC code for its operations, including the Fakruddinpur branch. This code is PUNB0MBGB06.

It is vital to remember that any old IFSC codes associated with UBGB or DBGB are now revoked. For all your fund transfers to or from the Fakruddinpur branch of Bihar Gramin Bank, only the new IFSC code, PUNB0MBGB06, is valid and must be used. Using an outdated code will cause your transaction to fail.

What is an IFSC Code?

An IFSC code, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch in India participating in online fund transfers. Think of it as a specific address for each branch in the digital banking system.

The code has a clear structure:

• The first four characters represent the bank name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsor bank of Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps differentiate the bank code from the branch code.
• The last six characters identify the specific branch. In this case, “MBGB06” refers to a specific branch within the Bihar Gramin Bank system.

How to Use an IFSC Code

Using the IFSC code is a straightforward process when you want to transfer money electronically. Here’s how it typically works for NEFT, RTGS, and IMPS:

1. Log In: Access your online banking portal or mobile banking app.
2. Select Transfer Type: Choose the type of fund transfer you want to make, such as NEFT, RTGS, or IMPS.
3. Add Beneficiary: If you haven’t transferred to this account before, you will need to add the recipient as a beneficiary. This usually involves providing:
   • The beneficiary’s name.
   • The beneficiary’s bank account number.
   • The beneficiary’s bank name (Bihar Gramin Bank).
   • The beneficiary’s branch name (Fakruddinpur).
   • The IFSC code of the beneficiary’s branch (PUNB0MBGB06).
4. Enter Amount: Specify the amount you wish to transfer.
5. Confirm Details: Double-check all the information, especially the account number and IFSC code, to avoid any errors.
6. Authorize Transfer: Complete the transaction using your password or OTP (One-Time Password).

For RTGS, which is used for large-value transfers, the process is similar but may have different cutoff times and minimum transaction amounts compared to NEFT or IMPS.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code at hand offers several advantages:

• Ensures Accurate Transfers: It guarantees that your money reaches the correct bank and branch, preventing delays or failed transactions.
• Enables Digital Transactions: It is mandatory for all major electronic fund transfer systems like NEFT, RTGS, and IMPS.
• Saves Time: With the correct code, you can initiate transfers quickly from anywhere, anytime, without needing to visit the bank physically.
• Reduces Errors: A unique code for each branch minimizes the chances of misrouting funds.
• Broad Accessibility: It allows you to send or receive money from any bank branch across India.

Contact Information

For inquiries or assistance regarding the Bihar Gramin Bank Fakruddinpur branch, you can use the following contact details:

• Branch Phone Number: 9297954436
• Branch Address: Fakruddinpur, SIWAN, 841506, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Punjab National Bank): 18001807777 (as the sponsor bank)

Frequently Asked Questions (FAQs)

Q1: What happens if I use an incorrect IFSC code for my transfer?

A1: If you use an incorrect IFSC code, your transaction will likely fail. The system will not be able to identify the correct beneficiary branch, and the funds will either not be debited from your account or will be reversed after processing.

Q2: Is the IFSC code the same for all branches of Bihar Gramin Bank?

A2: No, each branch of Bihar Gramin Bank has its own unique IFSC code. While the first few characters related to the bank (PUNB0MBGB) might be similar, the last six characters will be different for each specific branch.

Q3: Can I find the IFSC code on my passbook or chequebook?

A3: Yes, the IFSC code for your branch is usually printed on your bank passbook and on the top left corner of your cheque leaves. You can also find it on the bank’s official website or through online IFSC finders.

Q4: What is the difference between an IFSC code and a MICR code?

A4: An IFSC code (Indian Financial System Code) is used for online fund transfers (NEFT, RTGS, IMPS). A MICR code (Magnetic Ink Character Recognition) is a 9-digit code used primarily for processing physical cheques. Both are unique identifiers but serve different purposes.

Q5: How do I know if the Fakruddinpur branch belongs to the unified Bihar Gramin Bank?

A5: The details provided confirm that the Fakruddinpur branch is indeed part of Bihar Gramin Bank. Any previous bank entities in that location would now operate under the Bihar Gramin Bank name, using the current IFSC code PUNB0MBGB06.