This article provides key details for the Bihar Gramin Bank branch located in Gokhula, West Champaran. Understanding the Indian Financial System Code (IFSC) for this branch is essential for anyone needing to transfer funds using modern electronic methods like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service). The IFSC acts like a unique address, ensuring that your money reaches the correct bank and specific branch without delay.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | Gokhula |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100231 |
| Branch Address | Gokhula, WEST CHAMPARAN, 845451, 9297954043 |
| Contact Number | 9297954043 |
| City | WEST CHAMPARAN |
| District | WEST CHAMPARAN |
| Reason | BETTIAH |
| Pincode | 845451 |
| State | Bihar |
Merger Update
Bihar Gramin Bank is a Regional Rural Bank (RRB) operating within Bihar. Like many other Regional Rural Banks across India, the RRBs in Bihar have undergone significant restructuring and mergers to streamline operations and enhance service delivery. Specifically, banks such as Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged into a consolidated entity. This new structure is sponsored by Punjab National Bank (PNB).
As a result of these mergers and the consolidated operations, a unified IFSC code structure is now used for electronic fund transfers. For the Gokhula branch of Bihar Gramin Bank, the current and *only valid* IFSC code for all transactions is PUNB0MBGB06. It is very important to note that any old IFSC codes previously associated with entities like UBGB or DBGB, or any other pre-merger rural banks in Bihar, have been revoked. Using these outdated codes for your transactions will cause them to fail. Always ensure you use PUNB0MBGB06 for accurate and successful transfers to this branch.
What is IFSC Code?
The IFSC (Indian Financial System Code) is a unique 11-character alphanumeric code. It identifies every bank branch in India participating in the electronic funds transfer system. The Reserve Bank of India (RBI) assigns these codes. They are critical for ensuring that money transferred electronically reaches the correct beneficiary bank and branch.
The structure of the IFSC code is straightforward:
- The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which sponsors Bihar Gramin Bank.
- The fifth character is always a zero (‘0’). This character is kept as a control measure and for future use.
- The last six characters identify the specific branch of the bank. In this case, “MBGB06” uniquely identifies the Gokhula branch.
How to Use IFSC Code
Using the IFSC code is simple and standard across different electronic fund transfer methods like NEFT, RTGS, and IMPS. When you initiate a transfer, whether through online banking, a mobile app, or by filling out a form at a bank branch, you will need the following information:
- Beneficiary’s Account Details: This includes the beneficiary’s full name, their bank account number, and the name of their bank.
- IFSC Code: You must accurately enter the IFSC code for the beneficiary’s specific branch. For the Gokhula branch of Bihar Gramin Bank, this is PUNB0MBGB06.
- Transfer Amount: Specify the exact amount of money you wish to transfer.
- Review and Confirm: Before finalizing the transaction, always review all the entered details carefully. This includes the beneficiary’s account number and the IFSC code, to prevent any errors.
Once you confirm, the electronic transfer process will begin, sending funds directly to the specified account at the Gokhula branch.
Benefits
Knowing and using the correct IFSC code provides several important benefits for secure and efficient banking:
- Ensures Accuracy: The IFSC code directs funds to the precise branch, eliminating confusion between different branches of the same bank.
- Speeds Up Transfers: It is a key component for electronic fund transfer systems like NEFT, RTGS, and IMPS, allowing for rapid processing of transactions.
- Enhances Security: The unique code adds an important layer of verification, reducing the chances of fraud or misdirected funds.
- Facilitates Nationwide Transfers: It enables seamless transfers between different banks and branches anywhere in India.
- Mandatory for Electronic Transfers: The IFSC code is a compulsory requirement for initiating any major electronic fund transfer.
Contact Section
To get in touch with the Bihar Gramin Bank, Gokhula branch, or its head office, you can use the following details:
- Branch Phone Number: 9297954043
- Branch Address: Gokhula, WEST CHAMPARAN, 845451
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
FAQs
Q: What does IFSC stand for?
A: IFSC stands for Indian Financial System Code. It is a unique code used to identify bank branches in India for electronic fund transfers.
Q: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A: No, each branch of Bihar Gramin Bank has its own unique IFSC code. While the first few characters (PUNB0MBGB) might be similar for many branches of the merged entity sponsored by Punjab National Bank, the last six characters will be different to identify each specific branch.
Q: Can I use an old IFSC code if I still have it from a previous transaction?
A: No, it is strongly advised against using old IFSC codes. As a result of bank mergers and restructuring, many old codes are now revoked. Using an old code, especially for Bihar Gramin Bank (which may have been part of previous entities like UBGB or DBGB), will likely cause your transaction to fail. Always use the current, valid code like PUNB0MBGB06 for the Gokhula branch.
Q: What happens if I enter a wrong IFSC code during a transfer?
A: If you enter an incorrect IFSC code, the electronic fund transfer system will typically identify the mismatch and reject the transaction. This means the money will not be debited from your account, or it will be reversed back to you. However, in rare cases where an incorrect code corresponds to another valid bank and branch, funds could be sent to the wrong place, making it difficult and time-consuming to recover the money.
Q: Where can I find the correct IFSC code for my bank branch?
A: You can find the correct IFSC code in several reliable places: on your bank’s cheque book, printed on your passbook, on the official website of your bank, through your bank’s official mobile banking application, or by directly contacting your bank branch.
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.