Bihar Gramin Bank Gaurachowki IFSC Code

The Gaurachowki branch of Bihar Gramin Bank is located in the Bhagalpur district of Bihar. For anyone needing to send money to an account at this branch, using the correct Indian Financial System Code (IFSC) is essential. This 11-character code acts like a unique address for the bank branch, ensuring that electronic fund transfers through systems like NEFT, RTGS, and IMPS are routed accurately and securely. Without the right IFSC, your transaction could be delayed or even rejected.

Branch Details

Important Merger Update

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

As a result of this consolidation, all old IFSC codes belonging to the former UBGB and DBGB branches are now invalid. For all transactions to the Gaurachowki branch, you must use the new, unified IFSC code: PUNB0MBGB06. Using an outdated code will lead to transaction failure.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the electronic funds transfer system. The code has a specific structure that helps in routing money transfers correctly.

Let’s break down the Gaurachowki branch IFSC, PUNB0MBGB06:

• PUNB: The first four letters 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, it points to the Gaurachowki branch of Bihar Gramin Bank.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code to transfer 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 to your bank’s net banking or mobile app.
2. Navigate to the ‘Fund Transfer’ or ‘Payments’ section.
3. Select your preferred transfer method: NEFT (for timed batches), RTGS (for high-value real-time transfers), or IMPS (for instant transfers).
4. Add a new beneficiary (or payee). You will be asked to provide their bank details.
5. Enter the beneficiary’s name, account number, and the branch IFSC code: PUNB0MBGB06.
6. Double-check all the details to ensure accuracy and confirm the transaction.

Benefits of Using the Correct IFSC Code

• Accuracy: It ensures your money is sent to the exact bank branch intended, eliminating routing errors.
• Speed: Correct codes allow for faster, automated processing of transactions without manual intervention.
• Security: It adds a layer of verification, reducing the risk of funds being sent to the wrong account.
• Reliability: It minimizes the chances of transaction failures, delays, or reversals, which can happen with incorrect details.

Contact Information

For direct assistance, you can contact the branch or the bank’s head office.

• Branch Phone Number: 8102918736
• Branch Address: Gaurachowki, Bhagalpur, Bihar – 812005
• Head Office Address: Bihar Gramin Bank, SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?

The first four letters of an IFSC code represent the sponsor bank. Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank, so all its branch IFSC codes begin with ‘PUNB’.

What happens if I use an old Dakshin Bihar Gramin Bank IFSC code?

Your transaction will most likely fail. Since the merger, all old IFSC codes have been discontinued. You must use the new, unified IFSC code (PUNB0MBGB06 for this branch) for all transfers.

Is this IFSC code valid for all types of online transfers like NEFT, RTGS, and IMPS?

Yes, the IFSC code PUNB0MBGB06 is used for all electronic fund transfer methods supported by the branch, including NEFT, RTGS, and IMPS.

How is an IFSC code different from a MICR code?

An IFSC code is used for online fund transfers. A MICR (Magnetic Ink Character Recognition) code is a 9-digit code found on the bottom of a cheque leaf, used for faster processing of cheques.

Where can I find the IFSC code for my branch?

The IFSC code is printed on the bank’s chequebooks and passbooks. It can also be found on the bank’s official website or by contacting the branch directly.

Kriti Kumari

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.