Bihar Gramin Bank Forbesganj IFSC Code

The Forbesganj branch of Bihar Gramin Bank is located in the Araria district of Bihar. For anyone needing to send or receive money through this specific branch, the Indian Financial System Code (IFSC) is essential. This unique 11-character code acts like a postal code for bank branches, ensuring that online fund transfers made through NEFT, RTGS, or IMPS are routed correctly and securely to the intended account. Without the correct IFSC code, your transaction could be delayed or fail entirely.

Branch Details for Forbesganj

Bank Name	Bihar Gramin Bank
Branch Name	Forbesganj
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	Forbesganj, ARARIA, 854318
Contact Number	9297954366
City	Araria
District	Araria
State	Bihar

Important Merger Update

Bihar Gramin Bank was formed by the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this merger, the new entity is sponsored by Punjab National Bank (PNB). As a result, all old IFSC codes belonging to UBGB and DBGB have been discontinued and are no longer valid. For all electronic fund transfers to any branch of Bihar Gramin Bank, including Forbesganj, you must use the new IFSC code series provided by Punjab National Bank. The correct and currently valid code for the Forbesganj branch is PUNB0MBGB06.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in electronic fund transfer systems. This 11-character code has a specific structure that helps identify the bank and its branch.

Let’s break down the IFSC code for the Forbesganj branch, PUNB0MBGB06:

• PUNB: The first four alphabetic characters represent the bank’s name. In this case, it stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• 0: The fifth character is always a zero. It is reserved for future use by the RBI.
• MBGB06: The last six characters are the branch identifier. This part of the code is unique to the Forbesganj branch, distinguishing it from all other branches of Bihar Gramin Bank.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code during an online transaction is a straightforward process. Whether you are using a mobile banking app or a desktop website, the steps are generally the same.

1. Log in to your internet banking portal or mobile banking application.
2. Navigate to the “Fund Transfer” section and select your preferred method (NEFT, RTGS, or IMPS).
3. Choose the option to add a new beneficiary or payee.
4. Enter the recipient’s details, including their name and bank account number.
5. In the designated field, carefully type the IFSC code: PUNB0MBGB06.
6. Double-check all entered information for accuracy, especially the account number and IFSC code, before confirming the transaction.

Benefits of Using the Correct IFSC Code

• Accuracy: It ensures your money is sent to the exact branch and account you intend, eliminating routing errors.
• Security: The code is a key part of the security framework for electronic payments, preventing misdirected funds.
• Speed: Using the correct IFSC enables faster processing of transactions, especially for immediate payment services like IMPS.
• Verification: Most banking systems automatically verify the IFSC code and display the corresponding branch name, allowing you to confirm the details before finalizing the payment.

Contact Information

For any direct queries, you can reach out to the branch or the bank’s head office.

• Branch Phone Number: 9297954366
• Branch Address: Forbesganj, ARARIA, Bihar – 854318
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Why does the IFSC code for Bihar Gramin Bank start with ‘PUNB’?
The code starts with ‘PUNB’ because Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). PNB manages the centralized payment system infrastructure for its sponsored regional rural banks, so the codes reflect the parent bank’s identity.

Can I still use an old IFSC code from Uttar Bihar Gramin Bank (UBGB)?
No. All old IFSC codes from the pre-merger banks (UBGB and DBGB) are now invalid. Using an old code will cause your transaction to fail. You must use the new code, PUNB0MBGB06, for the Forbesganj branch.

What could happen if I enter the wrong IFSC code?
If you enter an incorrect IFSC code, the transaction will most likely be rejected by the banking system. In a rare scenario where the wrong code corresponds to another existing branch, your funds could be misdirected, leading to a lengthy process to recover the money.

Is the IFSC code the same for all branches of Bihar Gramin Bank?
No. While the first part of the code (‘PUNB0’) may be similar across many branches, the last six characters are unique to each specific branch. The code PUNB0MBGB06 is exclusively for the Forbesganj branch.

Do I need an IFSC code for a cash deposit?
No, an IFSC code is not required for depositing cash directly at a bank branch. It is only needed for electronic fund transfers like NEFT, RTGS, and IMPS.