The Bihar Gramin Bank branch in Hussainabad Ariari, Sheikhpura, serves as a key financial hub for the local community and surrounding areas. For anyone looking to send or receive money electronically, understanding the Indian Financial System Code (IFSC) for this specific branch is crucial. The IFSC allows for smooth and secure fund transfers through systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service), connecting your local branch to the wider national banking network.
Branch Details Table
| Detail | Information |
|---|---|
| Bank Name | Bihar Gramin Bank |
| Branch Name | Hussainabad Ariari |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 3305 |
| Branch Address | Hussainabad Ariari, Sheikhpura, 811105, 8102918594 |
| Contact Number | 8102918594 |
| City | Sheikhpura |
| District | Sheikhpura |
| Reason | NAWADA |
| Pincode | 811105 |
Merger Update
The IFSC code PUNB0MBGB06 is used by Bihar Gramin Bank and other consolidated Regional Rural Banks (RRBs) sponsored by Punjab National Bank (PNB) in Bihar. Previously, Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) also operated in the region. These banks have since undergone mergers and restructuring. As a result, the new and consolidated IFSC code, PUNB0MBGB06, is now the only valid code for these entities, including the branches that were formerly part of UBGB and DBGB. It is important to know that any old IFSC codes specifically for UBGB are no longer active. For all electronic fund transfers involving these banks under the PNB sponsorship in Bihar, only PUNB0MBGB06 should be used.
What is IFSC Code?
An IFSC code is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online money transfers in India. Think of it as a specific address for a bank branch within the national banking system.
Here’s how the 11 characters are broken down:
- The first four characters represent the bank’s name. For example, “PUNB” stands for Punjab National Bank, the sponsor bank here.
- The fifth character is always a zero (0). This character is reserved for future use and acts as a control digit.
- The last six characters identify the specific branch. In the case of PUNB0MBGB06, “MBGB06” refers to the particular branch within the consolidated Gramin Bank structure.
How to Use IFSC Code
You will need the IFSC code when you want to send money electronically to someone’s bank account. Here are the steps for common transfer methods:
For NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement):
- Log in to your internet banking portal or mobile banking app.
- Go to the ‘Fund Transfer’ or ‘Payments’ section.
- Select ‘Add Beneficiary’ or ‘Manage Payees’.
- Enter the beneficiary’s details: their name, account number, account type (savings or current), and the bank’s IFSC code (PUNB0MBGB06 for Hussainabad Ariari branch).
- Once the beneficiary is added, you can initiate the transfer by selecting their name, entering the amount, and confirming the transaction.
For IMPS (Immediate Payment Service):
- Log in to your mobile banking app or internet banking.
- Select the ‘IMPS’ option.
- You can choose to transfer funds using the beneficiary’s account number and IFSC code, or sometimes via their Mobile Money Identifier (MMID) and mobile number.
- If using account and IFSC, enter the beneficiary’s account number and the IFSC code (PUNB0MBGB06).
- Enter the amount and confirm the transaction. IMPS transfers are typically instant.
Benefits of Knowing Your IFSC Code
Knowing the correct IFSC code for your bank branch is highly beneficial for several reasons:
- Secure Transfers: It ensures your money goes to the correct bank and branch, reducing errors in transactions.
- Faster Processing: Correct IFSC codes help banks process NEFT, RTGS, and IMPS transactions quickly.
- Online Banking Convenience: It’s essential for all forms of online money transfers, allowing you to bank from anywhere.
- Receiving Funds: If someone needs to send you money, they will ask for your bank’s IFSC code, making it easy for them to transfer funds to your account.
- Avoiding Delays: An incorrect IFSC code can lead to transaction delays or even failed transfers, causing inconvenience.
Contact Section
For inquiries regarding the Bihar Gramin Bank, Hussainabad Ariari branch, or general banking services, you can use the following contact information:
- Branch Phone Number: 8102918594
- Branch Address: Hussainabad Ariari, Sheikhpura, 811105
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
FAQs
Q1: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A1: No, while the first few characters (PUNB0MBGB) might be similar for banks under the same sponsor bank and consolidated structure, the last six characters are unique to each specific branch. So, the Hussainabad Ariari branch has its own unique IFSC code: PUNB0MBGB06.
Q2: What should I do if I enter the wrong IFSC code during a transaction?
A2: If the entered IFSC code does not match the beneficiary’s account number and bank, the transaction will likely be rejected automatically. However, if the wrong IFSC code leads to an actual, existing account, you might need to contact your bank immediately to reverse the transaction. Always double-check details before confirming.
Q3: Can I find the IFSC code on my passbook or chequebook?
A3: Yes, the IFSC code is typically printed on your bank passbook and on the top left corner of your cheque leaves. You can also find it on the bank’s official website or through online IFSC search tools.
Q4: What is the difference between NEFT, RTGS, and IMPS in terms of using the IFSC code?
A4: All three systems require the IFSC code for beneficiary identification. The main differences are in transfer limits and speed: NEFT transfers in batches (hourly), RTGS is for large amounts and instant, and IMPS is instant for smaller amounts, available 24/7. The role of the IFSC code in routing the payment remains consistent across all three.
Q5: My bank was Uttar Bihar Gramin Bank. Can I still use its old IFSC code for transfers?
A5: No. Following the merger and consolidation, old IFSC codes for banks like Uttar Bihar Gramin Bank have been revoked. You must use the new consolidated IFSC code, such as PUNB0MBGB06, for any electronic transactions to ensure they are processed correctly.
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.