Bihar Gramin Bank Ghataro Chaturbhuj IFSC Code

The Bihar Gramin Bank branch located in Ghataro Chaturbhuj, a vibrant area within the Vaishali district of Bihar, serves as a crucial hub for banking services in the region. For anyone looking to transfer funds digitally to or from this branch, understanding and correctly using its Indian Financial System Code (IFSC) is essential. This unique code is a cornerstone for modern banking transactions, enabling seamless and secure transfers through systems like NEFT, RTGS, and IMPS.

Branch Details

Here are the key details for the Bihar Gramin Bank, Ghataro Chaturbhuj branch:

Bank Name	Bihar Gramin Bank
Branch Name	Ghataro Chaturbhuj
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100031
Branch Address	Ghataro Chaturbhuj, VAISHALI, 844119, BIHAR
Contact Number	9297954986
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	844119
State	Bihar

Merger Update

It’s important to note a significant change in the structure of regional rural banks in Bihar. The former Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged to form a single entity: the Bihar Gramin Bank. This merger was facilitated and sponsored by Punjab National Bank. As a result, all branches under this newly formed Bihar Gramin Bank now operate under a unified IFSC code structure, which begins with “PUNB0”.

For the Ghataro Chaturbhuj branch, its IFSC code is PUNB0MBGB06. This code reflects its affiliation with Punjab National Bank as the sponsoring bank. If you previously had an account with UBGB or DBGB, any old IFSC codes associated with those former banks are now revoked and are no longer valid for transactions. To ensure successful fund transfers, you must always use the new, consolidated IFSC code for Bihar Gramin Bank branches, like PUNB0MBGB06 for the Ghataro Chaturbhuj branch.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies every bank branch in India participating in the NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) systems. Think of it like a unique postal code for a bank branch, ensuring your money reaches the correct destination.

The 11 characters of an IFSC code follow a specific pattern:

• The first four characters represent the bank’s name. For example, “PUNB” in PUNB0MBGB06 stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a ‘0’ (zero). This is a control character reserved for future use.
• The last six characters uniquely identify the specific bank branch. In our example, “MBGB06” identifies the Ghataro Chaturbhuj branch of Bihar Gramin Bank.

This standardized structure helps in accurately routing financial transactions across the country.

How to Use IFSC Code

The IFSC code is crucial for initiating various types of online fund transfers. Here’s a simple guide on how to use it:

1. Log In: Access your online banking portal or mobile banking application using your credentials.
2. Select Transfer Type: Choose the type of fund transfer you wish to make:
   • NEFT (National Electronic Funds Transfer): For deferred net settlement, usually takes a few hours.
   • RTGS (Real Time Gross Settlement): For large-value transactions that are processed individually and in real-time.
   • IMPS (Immediate Payment Service): For instant, 24/7 fund transfers, even on holidays.
3. Add Beneficiary Details: You will need to add the recipient (beneficiary) to your list of payees. This typically involves providing:
   • Beneficiary Name
   • Beneficiary Account Number (and confirm it)
   • Beneficiary Account Type (Savings, Current, etc.)
4. Enter IFSC Code: Input the IFSC code of the recipient’s branch. For Bihar Gramin Bank Ghataro Chaturbhuj, this is PUNB0MBGB06. Ensure you enter it correctly to avoid transaction failures.
5. Enter Amount: Specify the amount you wish to transfer.
6. Confirm and Transact: Review all the details carefully before confirming the transaction. Once confirmed, the funds will be transferred.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch offers several key advantages:

• Accurate Fund Transfers: It ensures that your money is transferred to the intended recipient’s bank branch without errors.
• Faster Processing: Correct IFSC codes help digital payment systems process NEFT, RTGS, and IMPS transactions quickly.
• Security: The unique identification helps prevent fraud and ensures the integrity of the financial system.
• Online Convenience: It’s essential for all forms of online banking, mobile banking, and digital payment apps.
• Traceability: Every transaction using an IFSC code is recorded, providing a clear audit trail.

Contact Information

Should you need to reach out to the branch or the head office, here are the contact details:

Branch Phone Number: 9297954986

Branch Address: Ghataro Chaturbhuj, VAISHALI, 844119, BIHAR

Head Office Address (Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll-Free Number (Bihar Gramin Bank): 18001807777

Frequently Asked Questions (FAQs)

Q1: What is the IFSC code for Bihar Gramin Bank Ghataro Chaturbhuj?

A1: The IFSC code for Bihar Gramin Bank, Ghataro Chaturbhuj branch, is PUNB0MBGB06.

Q2: Why is the IFSC code important for bank transfers?

A2: The IFSC code acts as a unique identifier for each bank branch. It ensures that money transferred through NEFT, RTGS, or IMPS reaches the correct beneficiary account in the correct branch, making transactions secure and efficient.

Q3: Can I use an old IFSC code from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) for this branch?

A3: No, you cannot. Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank have merged to form Bihar Gramin Bank. All old IFSC codes from UBGB and DBGB have been revoked. You must use the new, unified IFSC code, such as PUNB0MBGB06, for all transactions involving Bihar Gramin Bank branches.

Q4: What types of transactions require an IFSC code?

A4: An IFSC code is required for all digital fund transfers like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). It is also often needed when setting up automatic bill payments or linking bank accounts to various financial platforms.

Q5: How can I confirm the correct IFSC code for a Bihar Gramin Bank branch?

A5: You can confirm the IFSC code by checking your passbook or cheque book. Alternatively, you can visit the official Bihar Gramin Bank website or the Punjab National Bank website (as it is the sponsor bank) for their branch locator tools. You can also contact the branch directly using the provided phone number.