Bihar Gramin Bank Hajipur IFSC Code

Hajipur, a significant town in Vaishali district, Bihar, serves as a crucial hub for commerce and daily life. For anyone in Hajipur needing to transfer money electronically, understanding the Indian Financial System Code (IFSC) is essential. This unique 11-character code is a must-have for all electronic fund transfers in India, including services like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). It ensures your money reaches the correct bank and branch without errors, making financial transactions smooth and secure.

Branch Details

Here are the specific details for the Bihar Gramin Bank branch in Hajipur:

Bank Name	Bihar Gramin Bank
Branch Name	Hajipur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100083
Branch Address	Hajipur, VAISHALI, 844101
Contact Number	9297954992
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	844101
State	Bihar

Merger Update for Bihar Gramin Bank

It’s important to know about the significant merger that led to the current Bihar Gramin Bank. Previously, there were two regional rural banks in Bihar: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks merged to form the single entity known today as Bihar Gramin Bank.

This new, unified bank operates under the sponsorship of Punjab National Bank (PNB). As a result of this merger, all previous IFSC codes belonging to Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank have been revoked. The new and only valid IFSC code for Bihar Gramin Bank branches, including the Hajipur branch, is PUNB0MBGB06. Any electronic fund transfer must use this updated IFSC code to ensure the transaction is processed correctly.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is a unique, 11-character alphanumeric code used to identify every bank branch in India. It is crucial for electronic money transfers between banks. The structure of the code provides specific information:

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

This structured format ensures that each transaction is routed to the exact bank and branch intended, minimizing errors in financial transfers.

How to Use an IFSC Code

Using an IFSC code is straightforward when you’re setting up an electronic fund transfer. Here’s how it generally works for different services:

For NEFT (National Electronic Funds Transfer):

1. Log in to your bank’s online banking portal or mobile app.
2. Go to the ‘Fund Transfer’ or ‘Payments’ section.
3. Select ‘NEFT’ as the transfer method.
4. Add a new beneficiary. You will need the beneficiary’s name, account number, account type (savings or current), and the IFSC code of their bank branch (PUNB0MBGB06 for Bihar Gramin Bank, Hajipur).
5. Enter the amount you wish to send and confirm the details.

For RTGS (Real Time Gross Settlement):

1. RTGS is typically used for larger value transactions. The process is similar to NEFT.
2. Access your bank’s online banking or visit the branch.
3. Choose ‘RTGS’ for the transfer.
4. Provide the beneficiary’s name, account number, account type, and their bank’s IFSC code (PUNB0MBGB06).
5. Enter the transfer amount and authorize the transaction.

For IMPS (Immediate Payment Service):

1. IMPS allows for instant, 24/7 fund transfers.
2. Open your bank’s mobile banking app or use internet banking.
3. Select ‘IMPS’ as the transfer option.
4. You might need the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their account number and IFSC code (PUNB0MBGB06).
5. Enter the amount and complete the transaction.

Always double-check the IFSC code and account number before confirming any transaction to avoid sending money to the wrong recipient.

Benefits of Knowing Your IFSC Code

Knowing the IFSC code for your bank branch, or the branch you wish to send money to, offers several important benefits:

• Accurate Fund Transfers: It ensures that your money is routed to the correct bank and specific branch, reducing the risk of transfer failures or delays.
• Efficient Online Transactions: It is a mandatory requirement for all major electronic payment systems like NEFT, RTGS, and IMPS, enabling quick and hassle-free online money transfers.
• Time Saving: By correctly identifying the branch, the IFSC code helps in faster processing of payments, especially for inter-bank transfers.
• Security: It adds a layer of security by making sure funds are only directed to verified and specific bank branches.
• Easy Branch Identification: The code’s structure allows for easy identification of the bank and the particular branch, which is helpful when dealing with multiple branches of the same bank.

Contact Information

If you need to get in touch with Bihar Gramin Bank, here are the relevant contact details:

• Hajipur Branch Phone Number: 9297954992
• Hajipur Branch Address: Hajipur, VAISHALI, 844101
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: What is the full form of IFSC?

A1: IFSC stands for Indian Financial System Code. It’s an 11-character code used for electronic fund transfers in India.

Q2: Is the IFSC code for Bihar Gramin Bank Hajipur branch different from other Bihar Gramin Bank branches?

A2: The first five characters (PUNB0) are common for all Bihar Gramin Bank branches as they denote the sponsoring bank (Punjab National Bank) and the reserved character. However, the last six characters (e.g., MBGB06) are unique to each specific branch, ensuring accurate routing. So, the full 11-character code is unique to the Hajipur branch.

Q3: What if I use an old IFSC code for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?

A3: After the merger, all old IFSC codes for Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank have been revoked. If you attempt a transaction with an old code, it will likely fail or be rejected by the system. You must use the new valid IFSC code, PUNB0MBGB06, for Bihar Gramin Bank branches.

Q4: Can I find the IFSC code on my passbook or cheque book?

A4: Yes, the IFSC code is typically printed on your bank’s passbook and cheque book. You can usually find it on the first page of the passbook or on the leaves of your cheque book.

Q5: Is it safe to share my IFSC code?

A5: Yes, it is generally safe to share your IFSC code. It is publicly available information and is only used to identify your bank and branch for receiving funds. It cannot be used to withdraw money from your account. However, always be cautious about sharing your bank account number or other sensitive details with unknown parties.