Bihar Gramin Bank Garhara IFSC Code

The Garhara branch of Bihar Gramin Bank is located in the Begusarai district of Bihar. For anyone needing to send or receive money electronically through this branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code is a mandatory requirement for all online fund transfers, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC code acts like a digital address, ensuring your money reaches the correct bank branch without any errors or delays.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Garhara
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	Garhara, Begusarai, 851112
Contact Number	8102918651
City	Begusarai
District	Begusarai
State	Bihar

Merger and IFSC Update

It is important for all customers to know that 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 amalgamation, the bank is now sponsored by Punjab National Bank (PNB). As a result, all old IFSC codes belonging to the former UBGB and DBGB branches are no longer valid and have been revoked. For any online transaction to the Garhara branch, you must use the new, unified IFSC code: PUNB0MBGB06. Using an old code will result in a failed transaction.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. It helps identify the specific branch involved in a transaction, eliminating confusion and routing errors. The structure is consistent across all banks.

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

• PUNB: The first four alphabetic characters represent the name of the sponsor bank, which is Punjab National Bank.
• 0: The fifth character is always a zero. It is reserved for future use.
• MBGB06: The last six characters identify the specific branch. In this case, ‘MBGB06’ points directly to the Bihar Gramin Bank branch in Garhara.

How to Use the IFSC Code for Fund Transfers

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

1. Login: Access your internet banking account or mobile banking application.
2. Select Transfer Type: Navigate to the “Fund Transfer” section and choose your preferred method (NEFT, RTGS, or IMPS).
3. Add Beneficiary: If you haven’t sent money to this person before, you will need to add them as a beneficiary or payee.
4. Enter Details: You will be prompted to enter the recipient’s details: their full name, bank account number, and the IFSC code of their bank branch. For the Garhara branch, you would enter PUNB0MBGB06.
5. Verify and Confirm: Double-check all the details, especially the account number and IFSC code, before confirming the transaction. Once verified, you can enter the amount and complete the transfer.

Benefits of Using the Correct IFSC Code

• Ensures Accuracy: The primary benefit is that it guarantees your funds are sent to the exact bank and branch you intend, preventing misdirected payments.
• Prevents Delays: A correct IFSC code helps in the automated and swift processing of transactions, avoiding unnecessary delays or cancellations.
• Reduces Transaction Failures: Incorrect codes are a common reason for transaction failures. Using the right code minimizes this risk.
• Enables Automated Processing: The code allows for seamless, automated clearing of funds between different banks without manual intervention.

Contact Information

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

• Branch Contact Number: 8102918651
• Branch Address: Garhara, Begusarai, Bihar – 851112
• Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
• Toll-Free Number: 1800-180-7777

Frequently Asked Questions (FAQs)

1. What is the new IFSC code for the Bihar Gramin Bank, Garhara branch?
The correct and updated IFSC code for the Garhara branch is PUNB0MBGB06. You must use this code for all NEFT, RTGS, and IMPS transactions.

2. Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
The code starts with ‘PUNB’ because Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). The first four letters of an IFSC code always represent the sponsor or parent bank.

3. Can I still use my old Uttar Bihar Gramin Bank (UBGB) IFSC code?
No. All old IFSC codes from the pre-merger era of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank are now invalid. Using an old code will cause your transaction to be rejected.

4. What happens if I enter the wrong IFSC code?
If the IFSC code you enter does not exist, the transaction will likely be rejected by your bank immediately. If the code exists but points to a different branch, the funds could be sent to the wrong branch, leading to delays in getting the money returned.

5. Is the IFSC code the same as the MICR code?
No, they are different. The IFSC code (PUNB0MBGB06) is used for online fund transfers. The MICR code (800811002) is a 9-digit code used for processing cheques.