Bihar Gramin Bank GOPALBAD IFSC Code

If you’re looking to transfer funds to the Bihar Gramin Bank branch in GOPALBAD, Nalanda, Bihar, understanding its Indian Financial System Code (IFSC) is essential. This code acts like a unique digital address for the branch, ensuring that your money reaches the correct recipient without delays. Whether you’re making a payment through National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS), the correct IFSC code is a must-have detail for a smooth and secure transaction.

Branch Details

Here are the complete details for the Bihar Gramin Bank, GOPALBAD branch:

Bank Name	Bihar Gramin Bank
Branch Name	GOPALBAD
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7161
Branch Address	GOPALBAD, Nalanda, 811014, 9771464161
Contact Number	9771464161
City	Nalanda
District	Nalanda
Reason	BIHARSHARIF
Pincode	811014
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank, like many other Regional Rural Banks (RRBs), is sponsored by a larger public sector bank. In this case, Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). This sponsorship means that Bihar Gramin Bank branches, including GOPALBAD, use an IFSC code structure that reflects PNB as the sponsor bank.

The IFSC code PUNB0MBGB06 clearly shows this link: “PUNB” stands for Punjab National Bank. The “MBGB” part identifies it as a branch of a bank like Bihar Gramin Bank that is part of the PNB network. It is crucial to use this specific code for all online fund transfers to the GOPALBAD branch. Any older, non-standardized IFSC codes that might have been used for Bihar Gramin Bank in the past are now revoked and will not work for current transactions. Always use the updated code, PUNB0MBGB06, for secure and successful transfers.

What is an IFSC Code?

The IFSC code is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online fund transfers within India. The structure of an IFSC code helps to direct payments accurately:

• The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” denotes Punjab National Bank, the sponsor bank.
• The fifth character is always a “0” (zero). This is a control character reserved for future use.
• The last six characters identify the specific branch. For GOPALBAD, “MBGB06” points to this particular branch within the Bihar Gramin Bank’s network under PNB.

This standardized format ensures that every electronic transaction goes to the correct branch, minimizing errors.

How to Use the IFSC Code

Using the IFSC code is a straightforward process when you’re transferring money online. Here’s how you typically use it for NEFT, RTGS, and IMPS:

1. Log in to your bank’s online banking portal or mobile app. You’ll need your user ID and password.
2. Select the “Fund Transfer” or “Payments” option.
3. Choose the type of transfer: NEFT, RTGS, or IMPS.
4. Add a new beneficiary (recipient) or select an existing one. If adding a new one, you’ll need the following details:
   • Beneficiary Name
   • Beneficiary Account Number (double-check this carefully)
   • Confirm Beneficiary Account Number
   • Bank Name (Bihar Gramin Bank)
   • IFSC Code (PUNB0MBGB06 for GOPALBAD branch)
5. Enter the amount you wish to transfer.
6. Add a remark for the transaction, if required (e.g., “Rent Payment,” “Family Support”).
7. Review all details one last time before confirming the transfer.
8. Authenticate the transaction with an OTP (One-Time Password) or transaction password.

Once confirmed, the funds will be transferred to the GOPALBAD branch account.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for the Bihar Gramin Bank, GOPALBAD branch offers several advantages:

• Accurate Fund Transfers: It guarantees that your money reaches the intended recipient’s account at the specific GOPALBAD branch, preventing misdirection of funds.
• Faster Transactions: NEFT, RTGS, and IMPS rely on the IFSC code for quick processing, allowing your money to move efficiently across different banks.
• Enhanced Security: The unique identification helps in tracking transactions and adds a layer of security to electronic fund transfers.
• Convenience: It enables you to send or receive money from anywhere in India without needing to visit a physical bank branch.
• Essential for Online Payments: For various online services, bill payments, and e-commerce transactions, the IFSC code of the destination bank is a common requirement.

Contact Information

Should you need to contact the bank for inquiries related to the GOPALBAD branch or general banking services, here are the details:

• Bihar Gramin Bank GOPALBAD Branch Phone Number: 9771464161
• Bihar Gramin Bank GOPALBAD Branch Address: GOPALBAD, Nalanda, 811014, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: Is the IFSC code PUNB0MBGB06 unique to the GOPALBAD branch?
A1: Yes, this IFSC code is unique to the Bihar Gramin Bank, GOPALBAD branch. Every bank branch participating in electronic funds transfers has its own distinct 11-character IFSC code.

Q2: Can I find the IFSC code on my passbook or chequebook?
A2: Absolutely. The IFSC code is usually printed on the first page of your bank passbook and on the top left corner of your cheque leaves. Always verify it before making a transaction.

Q3: What happens if I use a wrong IFSC code during a fund transfer?
A3: If you enter an incorrect IFSC code, your transaction will likely fail and be rejected by the system. The funds will typically be returned to your account. However, using a correct IFSC but wrong account number could lead to funds being credited to a different account, which is why double-checking all details is crucial.

Q4: Is there a fee for using NEFT, RTGS, or IMPS with the IFSC code?
A4: Charges for NEFT, RTGS, and IMPS vary by bank and transaction amount. Many banks, especially for small NEFT and IMPS transactions, have waived fees for online transfers. It’s best to check with your specific bank for their current fee structure.

Q5: What is the difference between an IFSC code and a MICR code?
A5: The IFSC (Indian Financial System Code) is used for electronic fund transfers like NEFT, RTGS, and IMPS. The MICR (Magnetic Ink Character Recognition) code is a 9-digit code, typically found at the bottom of a cheque leaf, used for processing cheques. While both identify bank branches, they serve different purposes in the banking system.