Bihar Gramin Bank Hetanpur IFSC Code

The Bihar Gramin Bank branch in Hetanpur, located in the Samastipur district of Bihar, plays a crucial role for local residents. When you need to send or receive money electronically, especially through systems like NEFT, RTGS, or IMPS, knowing the correct Indian Financial System Code (IFSC) for this branch is essential. This unique code ensures your funds are transferred accurately and securely to the intended recipient’s bank and specific branch.

Branch Details

Here are the key details for the Bihar Gramin Bank, Hetanpur branch:

Bank Name	Bihar Gramin Bank
Branch Name	Hetanpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3963
Branch Address	Hetanpur, Samastipur, 848506, 9955997872
Contact Number	9955997872
City	Samastipur
District	Samastipur
Reason	SAMASTIPUR
Pincode	848506
State	Bihar

Merger Update

For branches like Hetanpur, it is important to understand the bank’s structure. Many regional rural banks in Bihar, including those previously known as Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), have undergone mergers and now operate under a unified structure. These banks are sponsored by Punjab National Bank.

As a result of these mergers, a single, standardized IFSC code is now used across many of these branches. The code PUNB0MBGB06 is part of this consolidated system under Punjab National Bank’s sponsorship. If your branch previously belonged to Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank, please note that their old IFSC codes have been revoked. You must now use the new IFSC code, PUNB0MBGB06, for all your financial transactions to ensure they are processed correctly.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character code assigned by the Reserve Bank of India (RBI) to identify each unique bank branch involved in online money transfers. It is an alphanumeric code, meaning it contains both letters and numbers.

The IFSC code has a specific structure:

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

This unique combination ensures that your funds go to the exact bank and branch you intend, preventing errors and misdirection of money.

How to Use an IFSC Code

Using the IFSC code for online fund transfers is straightforward. Whether you are using NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the steps are generally similar:

1. Log In: Access your net banking portal or mobile banking application.
2. Select Transfer Type: Choose the type of fund transfer you wish to make (NEFT, RTGS, or IMPS).
3. Add Beneficiary: If you are sending money to a new recipient, you will need to add them as a beneficiary. This involves providing their name, account number, bank name, and the critical IFSC code for their bank branch. For the Hetanpur branch of Bihar Gramin Bank, this would be PUNB0MBGB06.
4. Enter Amount: Specify the amount of money you want to transfer.
5. Confirm and Authorize: Double-check all the details, especially the account number and IFSC code, to ensure accuracy. Then, authorize the transaction using your password or PIN.

The system uses the IFSC code to route your money to the correct bank and branch, making the process quick and secure.

Benefits of Knowing Your IFSC Code

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

• It ensures the accurate transfer of funds, reducing the risk of money going to the wrong account.
• It is mandatory for all online transactions like NEFT, RTGS, and IMPS, enabling digital banking convenience.
• It helps in speeding up digital payments, allowing for almost instant transfers in many cases.
• It serves as a unique identifier for each bank branch, making it easy to locate and identify the exact branch for a transaction.
• Using the correct IFSC code helps avoid delays and complications that can arise from using incorrect bank details.

Contact Information

For any queries or assistance related to the Bihar Gramin Bank Hetanpur branch, you can use the following contact details:

• Branch Phone Number: 9955997872
• Branch Address: Hetanpur, Samastipur, 848506
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some frequently asked questions about IFSC codes:

Q1: What does IFSC stand for?
A: IFSC stands for Indian Financial System Code. It’s a unique identifier for bank branches in India.

Q2: Is the IFSC code the same for every branch of a bank?
A: No, the IFSC code is unique for each individual bank branch. Even if two branches belong to the same bank, they will have different IFSC codes because the last six characters are specific to the branch.

Q3: Can I use an old IFSC code if a bank has merged or changed its name?
A: No, you should never use an old IFSC code after a bank merger or name change. Old codes become invalid. Always use the new, updated IFSC code to ensure your transactions are successful.

Q4: What happens if I use the wrong IFSC code during a fund transfer?
A: If you use an incorrect IFSC code, the transaction will most likely fail. The bank’s system is designed to verify the IFSC against the account number and bank name. If there’s a mismatch, the transfer will not go through, and the funds will usually be returned to your account. In rare cases, if the wrong IFSC code happens to match another valid bank and branch, and the account number matches, funds could be misdirected, leading to significant complications.

Q5: Is the IFSC code the same as the MICR code?
A: No, the IFSC code and MICR (Magnetic Ink Character Recognition) code are different. IFSC is an 11-character code used for online fund transfers (NEFT, RTGS, IMPS). The MICR code is a 9-digit code primarily found on cheque leaves and is used for processing physical cheques. While both identify a bank branch, their purpose and format are distinct.