Bihar Gramin Bank GHUSIA IFSC Code

The Bihar Gramin Bank branch located in GHUSIA, Rohtas, Bihar, serves as a crucial point for financial transactions in the region. Understanding its Indian Financial System Code (IFSC) is vital for anyone looking to transfer money electronically. This unique code acts like a digital address, ensuring that funds sent through systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service) reach the correct bank and specific branch without error. Without the accurate IFSC, these modern fund transfers cannot be completed, making it a cornerstone of secure and efficient banking today.

Branch Details for Bihar Gramin Bank, GHUSIA

Here are the essential details for the Bihar Gramin Bank branch in GHUSIA:

Bank Name	Bihar Gramin Bank
Branch Name	GHUSIA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7356
Branch Address	GHUSIA, Rohtas, 802212, 9771464356
Contact Number	9771464356
City	Rohtas
District	Rohtas
Region	SASARAM
Pincode	802212
State	Bihar

Important Merger Update for Bihar Gramin Bank

It is important for customers to be aware of a significant merger that led to the formation of Bihar Gramin Bank. Previously, there were two distinct regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged to form the single entity known as Bihar Gramin Bank.

As a result of this merger, all branches of the erstwhile Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank now operate under the unified Bihar Gramin Bank, which is sponsored by Punjab National Bank. Consequently, a single, standardized IFSC code, PUNB0MBGB06, is now used across all its branches for electronic fund transfers. It is crucial to understand that any old IFSC codes previously associated with UBGB or DBGB branches have been revoked and are no longer valid for transactions. Only the new IFSC code, PUNB0MBGB06, should be used for all your NEFT, RTGS, and IMPS transactions to ensure they are processed correctly.

What is an IFSC Code?

An IFSC code, or Indian Financial System Code, is an 11-character alphanumeric code that uniquely identifies every bank branch participating in online fund transfers within India. It is critical for ensuring that money is sent to the precise bank and branch you intend.

The structure of the IFSC code is quite specific:

• The first four characters represent the bank name. For the Bihar Gramin Bank (sponsored by Punjab National Bank), this part is PUNB.
• The fifth character is always a ‘0’ (zero). This character is reserved for future use and helps distinguish the bank code from the branch code.
• The last six characters identify the specific branch. In the case of the GHUSIA branch, this part is MBGB06.

So, for the Bihar Gramin Bank, GHUSIA branch, the complete IFSC code is PUNB0MBGB06.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code is a straightforward process when you want to send money electronically via NEFT, RTGS, or IMPS. Here’s a general guide:

1. Log In: Access your net banking portal or mobile banking application. If you prefer, you can also visit your bank branch to fill out a fund transfer form.
2. Add Beneficiary: Before initiating a transfer, you usually need to add the recipient (beneficiary) to your account.
3. Enter Details: Provide the beneficiary’s full name, their bank account number, the bank’s name, and the crucial 11-character IFSC code (PUNB0MBGB06 for the GHUSIA branch).
4. Verify: Always double-check all the details you’ve entered. A single incorrect digit in the account number or IFSC code can cause the transaction to fail or, worse, send money to the wrong person.
5. Select Transfer Type: Choose the type of transfer you want to make:
   • NEFT (National Electronic Funds Transfer): Best for transferring smaller amounts, processed in batches throughout the day.
   • RTGS (Real Time Gross Settlement): Ideal for large-value, urgent transfers, processed individually in real-time.
   • IMPS (Immediate Payment Service): Allows for instant, 24/7 transfers, often suitable for smaller to medium amounts.
6. Enter Amount and Confirm: Input the amount you wish to transfer and confirm the transaction. You might receive an OTP (One-Time Password) to complete the process securely.

Benefits of Knowing the IFSC Code

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

• It ensures that your electronic fund transfers are directed to the precise bank branch, minimizing errors and potential delays.
• It facilitates faster processing of NEFT, RTGS, and IMPS transactions, as the system can quickly identify the destination.
• It is a mandatory requirement for all online fund transfers, making banking convenient from anywhere.
• It helps in clearly identifying specific bank branches, especially in cases where multiple branches of the same bank exist in a city or district.
• It provides a layer of security, as the unique code helps authenticate the receiving branch during digital transactions.

Contact Information for Bihar Gramin Bank, GHUSIA

Should you need to get in touch with the Bihar Gramin Bank, GHUSIA branch, or the head office, here are the contact details:

Branch Phone Number: 9771464356

Branch Address: GHUSIA, Rohtas, 802212, Bihar

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

Toll-Free Number (General Inquiries): 18001807777

Frequently Asked Questions (FAQs)

Q1: Is PUNB0MBGB06 the only valid IFSC code for Bihar Gramin Bank, GHUSIA branch?
A1: Yes, PUNB0MBGB06 is the sole and valid IFSC code for the Bihar Gramin Bank, GHUSIA branch, for all electronic fund transfers (NEFT, RTGS, IMPS). Due to the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank into Bihar Gramin Bank, all old IFSC codes are no longer valid.

Q2: What happens if I use an old IFSC code from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) by mistake?
A2: If you attempt to use an old IFSC code from UBGB or DBGB, your transaction will likely fail. The banking system will not recognize the old codes as valid for electronic transfers, and your funds will not be processed. Always ensure you use PUNB0MBGB06 for any transaction to the GHUSIA branch or any other Bihar Gramin Bank branch.

Q3: Can I find the IFSC code offline, or do I always need to look it up online?
A3: While it’s convenient to find IFSC codes online, you can also find them offline. The IFSC code is typically printed on your bank passbook and cheque leaves. You can also directly contact the bank branch or customer service for this information.

Q4: What is the main difference between NEFT, RTGS, and IMPS in terms of using the IFSC code?
A4: The IFSC code is mandatory for all three types of transfers. The main differences lie in their processing times and ideal use cases:

• NEFT: Processes transactions in batches, not immediately. Good for non-urgent transfers.
• RTGS: Processes large-value transactions individually and in real-time. Ideal for urgent, high-value transfers.
• IMPS: Allows for instant, 24/7 fund transfers, regardless of amount (within limits).

Regardless of which method you choose, an accurate IFSC code is always required.

Q5: Is the MICR code also important for fund transfers?
A5: The MICR (Magnetic Ink Character Recognition) code (800811002 for GHUSIA) is primarily used for processing physical cheques. It helps identify the bank and branch efficiently for cheque clearance. While crucial for cheque-based transactions, the MICR code is generally not required for electronic fund transfers like NEFT, RTGS, or IMPS, where the IFSC code is the primary identifier.