Bihar Gramin Bank Isuapur IFSC Code

Isuapur, a significant location in the Saran district of Bihar, is served by various banking facilities. When you need to send or receive money electronically, understanding your bank’s specific codes is crucial. The IFSC (Indian Financial System Code) acts as a unique identifier for bank branches across India. It is essential for modern fund transfer systems such as NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service). These codes ensure that your money reaches the correct bank and branch swiftly and securely, preventing any misdirection of funds.

Bihar Gramin Bank Isuapur Branch Details

Here are the complete details for the Bihar Gramin Bank branch located in Isuapur:

Bank Name	Bihar Gramin Bank
Branch Name	Isuapur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100561
Branch Address	Isuapur, SARAN, 841411
Contact Number	9297955231
City	SARAN
District	SARAN
Sub-District/Reason	CHAPRA
Pincode	841411
State	Bihar

Merger Update for Bihar Gramin Bank

For customers of Bihar Gramin Bank, it is important to be aware of a significant merger. Previously, there were two distinct regional rural banks in Bihar: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have merged to form a single entity, now known as Bihar Gramin Bank. This new bank is sponsored by Punjab National Bank (PNB).

As a result of this merger, all branches of the former UBGB and DBGB now operate under Bihar Gramin Bank. Consequently, any old IFSC codes associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid for transactions. For the Isuapur branch, and all other branches of Bihar Gramin Bank, you must use the new and unified IFSC code: PUNB0MBGB06. Using any outdated IFSC code will cause your electronic fund transfer to fail.

What is an IFSC Code?

The IFSC Code, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in the NEFT, RTGS, and IMPS systems in India. Understanding its structure can help you verify its authenticity:

• First 4 Characters: These represent the bank’s name. For Bihar Gramin Bank, the code starts with PUNB because it is sponsored by Punjab National Bank.
• Fifth Character: This character is always a zero (0). It is reserved for future use and acts as a control digit.
• Last 6 Characters: These digits uniquely identify the specific branch. For the Isuapur branch, these are MBGB06.

For example, in PUNB0MBGB06:

• PUNB identifies Punjab National Bank (the sponsoring bank).
• 0 is the control digit.
• MBGB06 identifies the Isuapur branch of Bihar Gramin Bank.

How to Use the IFSC Code

The IFSC code is essential for various electronic fund transfers. Here’s how you typically use it:

1. Online Banking: Log in to your net banking account or mobile banking application.
2. Select Transfer Type: Navigate to the “Fund Transfer” or “Payments” section and choose between NEFT, RTGS, or IMPS, depending on the urgency and amount.
3. Add Beneficiary: If you are sending money for the first time, you will need to add the beneficiary’s details. This includes the beneficiary’s full name, account number, bank name, and the critical IFSC code (PUNB0MBGB06 for Isuapur branch).
4. Enter Amount: Specify the amount of money you wish to transfer.
5. Confirm Transaction: Review all the details, especially the account number and IFSC code, to ensure accuracy. Confirm the transaction, usually by entering an OTP (One-Time Password) or a transaction PIN.
6. Offline Transfers: Even for depositing cash or cheques into an account at a branch other than your own, you might be asked to provide the beneficiary’s IFSC code on the deposit slip.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code at hand offers several advantages:

• Accurate Fund Transfers: It ensures that your money is transferred to the intended bank and branch without errors.
• Facilitates Online Transactions: Essential for using modern online payment methods like NEFT, RTGS, and IMPS, making banking convenient.
• Standardized Identification: Provides a uniform way to identify bank branches across India, simplifying inter-bank transactions.
• Reduces Errors: Minimizes the chances of funds being sent to the wrong account due to manual entry mistakes.
• Speeds Up Processing: Contributes to faster processing of electronic fund transfers, as the system can quickly route funds.

Contact Information

For any inquiries or assistance related to Bihar Gramin Bank, Isuapur branch, or its services, you can use the following contact details:

• Branch Phone Number: 9297955231
• Branch Address: Isuapur, SARAN, 841411
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: What does IFSC stand for?

A1: IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify bank branches for electronic fund transfers.

Q2: Is the IFSC code for Bihar Gramin Bank Isuapur branch permanent?

A2: Generally, an IFSC code is permanent. However, in cases of bank mergers, acquisitions, or significant structural changes (like the merger of UBGB and DBGB into Bihar Gramin Bank), the IFSC code can change. It’s always best to confirm the latest code, especially after such events.

Q3: What happens if I use an old or incorrect IFSC code for a transfer to Bihar Gramin Bank Isuapur?

A3: If you use an old or incorrect IFSC code, your electronic fund transfer (NEFT, RTGS, IMPS) will most likely fail. The banking system will detect the invalid code and reject the transaction. The money will typically be credited back to your account, but this can cause delays and inconvenience.

Q4: Can I find the IFSC code for Bihar Gramin Bank Isuapur on my passbook or chequebook?

A4: Yes, the IFSC code is usually printed on your bank passbook. For chequebooks, it is typically found on the top left corner of each cheque leaf. You can also find it on the bank’s official website or through online IFSC lookup tools.

Q5: Is the MICR code also important for transfers?

A5: The MICR (Magnetic Ink Character Recognition) code is primarily used for processing cheques. While the IFSC code is crucial for electronic fund transfers (NEFT, RTGS, IMPS), the MICR code ensures quick and accurate processing of physical cheques. Both codes serve distinct but important functions in the banking system.