Bihar Gramin Bank Gobinapur IFSC Code

If you need to transfer funds to or from the Bihar Gramin Bank branch located in Gobinapur, East Champaran, Bihar, you will need its Indian Financial System Code (IFSC). This unique code is essential for all electronic money transfers within India, including NEFT, RTGS, and IMPS transactions. It helps ensure your money goes to the correct bank and branch without errors.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Gobinapur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100266
Branch Address	Gobinapur, EAST CHAMPARAN, 845411
Contact Number	9297954639
City	EAST CHAMPARAN
District	EAST CHAMPARAN
Reason	MOTIHARI
Pincode	845411
State	Bihar

Merger Update

Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this merger, all branches now operate under a single, unified IFSC code structure. The Gobinapur branch of Bihar Gramin Bank uses the IFSC code PUNB0MBGB06. This code is under the sponsorship of Punjab National Bank, which is the parent bank for Bihar Gramin Bank.

It is important to note that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank have been revoked. For any transactions with Bihar Gramin Bank branches, including Gobinapur, only the new IFSC code like PUNB0MBGB06 is valid. Using an old or incorrect IFSC code will lead to transaction failure and delays in your fund transfer.

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 electronic funds settlement systems. This code is crucial for ensuring that your money reaches the correct recipient branch, even if there are multiple branches of the same bank.

The structure of the IFSC code is standardized:

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

How to Use IFSC Code

Using the IFSC code is a straightforward process when you are initiating an electronic fund transfer. Here are the steps for common transfer methods like NEFT, RTGS, and IMPS:

1. Gather Recipient Details: Before starting, make sure you have the recipient’s bank account number, account holder’s name, and the correct IFSC code (PUNB0MBGB06 for Gobinapur branch).
2. Log In to Your Banking Platform: Access your online banking portal or mobile banking app.
3. Initiate Fund Transfer: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
4. Add Beneficiary (if new): If you are sending money to this recipient for the first time, you will need to add them as a beneficiary. This usually involves entering their name, account number, and the IFSC code.
5. Enter Transfer Details: Once the beneficiary is added or selected, enter the amount you wish to transfer.
6. Select Transfer Type: Choose between NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service) based on your urgency and the transfer amount.
7. Confirm and Authorize: Review all details carefully. Once confirmed, authorize the transaction using your password, PIN, or OTP (One-Time Password).

The IFSC code acts as a digital address, guiding your funds directly to the intended branch, like the Gobinapur branch of Bihar Gramin Bank.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code at hand offers several advantages:

• Accurate Fund Transfers: It ensures your money reaches the exact bank branch intended, preventing misdirected funds.
• Faster Processing: Correct IFSC codes help banks process transactions quickly, especially for immediate services like IMPS.
• Error Prevention: Reduces the chances of transaction failures or delays caused by incorrect routing information.
• Security: Adds an extra layer of verification, ensuring that only legitimate transfers are processed.
• Online Banking Convenience: Essential for using internet banking and mobile banking apps for all types of electronic transfers.
• Easy Access to Bank Services: Many online forms and applications require the IFSC code for account verification or linking.

Contact Information

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

• Gobinapur Branch Phone Number: 9297954639
• Gobinapur Branch Address: Gobinapur, EAST CHAMPARAN, 845411
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number for Bihar Gramin Bank: 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes:

Q1: What happens if I use an old or incorrect IFSC code for a transfer?

A1: If you use an old or incorrect IFSC code, your transaction will likely fail. The banking system will detect that the code does not match the recipient’s bank and branch, and the transfer will not go through. Your funds will usually be reversed to your account, but this can cause significant delays.

Q2: Is the IFSC code unique for every bank branch?

A2: Yes, the IFSC code is unique for each bank branch that participates in the electronic fund transfer system. No two branches, even within the same bank, will have the exact same 11-character IFSC code.

Q3: How can I verify the correct IFSC code for a branch?

A3: You can verify the IFSC code in several ways: check the bank’s official website, look on your bank passbook or cheque book, or contact the bank branch directly. Reliable third-party financial websites also provide verified IFSC codes.

Q4: Can I make an online fund transfer without an IFSC code?

A4: For electronic fund transfers like NEFT, RTGS, or IMPS within India, the IFSC code is mandatory. Without it, the banking system cannot correctly identify the recipient’s branch to route the funds. Some internal bank transfers (within the same bank) might not require an IFSC, but external transfers always do.

Q5: What is the full form of IFSC?

A5: IFSC stands for Indian Financial System Code.