Bihar Gramin Bank Jihuli IFSC Code

For residents of Jihuli, a village located in the East Champaran district of Bihar, understanding bank codes is essential for smooth financial transactions. The Bihar Gramin Bank branch in Jihuli serves the local community, and knowing its Indian Financial System Code (IFSC) is crucial for various modern banking activities. This unique code allows you to send and receive money electronically through systems like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, these digital transfers cannot be completed, making it a vital piece of information for anyone managing their finances.

Branch Details

Here are the key details for the Bihar Gramin Bank branch located in Jihuli:

Bank Name	Bihar Gramin Bank
Branch Name	Jihuli
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100235
Branch Address	Jihuli, EAST CHAMPARAN, 845427
Contact Number	9297954652
City	EAST CHAMPARAN
District	EAST CHAMPARAN
Reason	MOTIHARI
Pincode	845427
State	Bihar

Merger Update for Bihar Gramin Bank

The Bihar Gramin Bank, under which the Jihuli branch operates, was formed from the merger of two significant regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This merger streamlined operations and unified banking services across the region. As a result of this consolidation, all branches that were previously part of UBGB or DBGB, including the Jihuli branch, now function under a single, unified IFSC code.

Specifically, the new IFSC code for Bihar Gramin Bank branches, including Jihuli, is PUNB0MBGB06. This code is sponsored by Punjab National Bank (PUNB). It is important to note that any old IFSC codes previously used by Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches have been revoked and are no longer valid for transactions. For any fund transfers to or from the Jihuli branch or any other Bihar Gramin Bank branch, you must use the new code, PUNB0MBGB06.

What is an IFSC Code?

An IFSC Code is an 11-character alphanumeric code that uniquely identifies all bank branches participating in the NEFT, RTGS, and IMPS systems in India. It is critical for ensuring that money is transferred to the correct bank and branch.

The structure of the IFSC code is specific:

• The first four characters represent the bank name. For instance, in PUNB0MBGB06, ‘PUNB’ stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always ‘0’ (zero). This is kept as a control character for future use.
• The last six characters identify the specific branch. In PUNB0MBGB06, ‘MBGB06’ points to a particular branch of Bihar Gramin Bank.

This standardized format helps in quickly identifying and routing transactions to the intended destination branch across different banks.

How to Use the IFSC Code

Using the IFSC code is a straightforward process when you are making an electronic fund transfer. Here’s how it typically works for NEFT, RTGS, and IMPS:

1. Log in to your banking portal or app: Access your net banking account or mobile banking application.
2. Select the type of transfer: Choose whether you want to initiate a NEFT, RTGS, or IMPS transaction.
3. Add Beneficiary Details: If you are sending money to a new recipient, you will need to add them as a beneficiary. This usually involves providing:
   • The beneficiary’s name.
   • The beneficiary’s account number.
   • The confirm beneficiary account number.
   • The beneficiary’s bank name (Bihar Gramin Bank in this case).
   • The beneficiary’s branch name (Jihuli).
   • The IFSC code of the beneficiary’s branch (PUNB0MBGB06).
4. Enter the Amount: Specify the amount of money you wish to transfer.
5. Review and Confirm: Double-check all the entered details, especially the account number and IFSC code, to avoid any errors. Confirm the transaction using your banking password or PIN.

Once confirmed, the funds will be transferred to the beneficiary’s account based on the chosen transfer method’s processing times.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for the Bihar Gramin Bank Jihuli branch offers several important benefits:

• Enables Secure Transfers: It ensures your money is directed to the exact bank and branch you intend, minimizing the risk of funds going to the wrong account.
• Facilitates Faster Payments: It is essential for initiating immediate (IMPS), same-day (NEFT), or real-time (RTGS) electronic fund transfers, which are much quicker than traditional methods like cheques.
• Improves Accuracy: The unique code prevents errors that could arise from manual entry of branch names or addresses during transfers.
• Supports Digital Banking: It is a fundamental requirement for most online and mobile banking platforms when processing inter-bank transactions.
• Simplifies Bill Payments: Many online bill payment services and merchant transactions require an IFSC code if you are paying directly from your bank account to a business’s account.
• Essential for Salary/Pension Credit: For direct credit of salaries, pensions, or other government benefits, the correct IFSC code ensures smooth and timely receipt of funds.

Contact Information

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

• Jihuli Branch Phone Number: 9297954652
• Jihuli Branch Address: Jihuli, EAST CHAMPARAN, 845427, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (for general inquiries): 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes and Bihar Gramin Bank:

Q1: Is the IFSC code for Bihar Gramin Bank branches the same across all branches?
A1: No, while the first five characters (PUNB0) might be the same for all Bihar Gramin Bank branches sponsored by Punjab National Bank, the last six characters are unique to each specific branch. So, the IFSC code for the Jihuli branch will be different from a branch in another village or town, even within the same district or state.

Q2: What should I do if I use an old IFSC code for a Bihar Gramin Bank transaction?
A2: If you use an old, invalid IFSC code from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) for a transaction, the transfer will likely fail. The banking system will detect that the code is no longer active, and your funds will not reach the beneficiary. You will usually receive a notification about the failed transaction, and the funds will be reversed to your account. Always ensure you are using the current valid IFSC code, PUNB0MBGB06, for Bihar Gramin Bank branches.

Q3: Can I find the IFSC code on my passbook or cheque book?
A3: Yes, the IFSC code is typically printed on the first page of your bank passbook and on individual cheque leaves. It’s usually found near your account number or branch details. If you cannot find it, you can always confirm it with the branch directly or through your bank’s official website.

Q4: Is the MICR code also important for online transfers?
A4: The MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. It helps in the quick and accurate clearing of cheques. While it’s a unique identifier for a branch, it is generally not required for online electronic fund transfers (NEFT, RTGS, IMPS), which rely on the IFSC code. However, it’s good to know for cheque-related transactions.

Q5: How can I confirm the correct IFSC code if I am unsure?
A5: You can confirm the correct IFSC code in several ways: check your bank passbook or cheque book, visit the official website of Bihar Gramin Bank or Punjab National Bank, or contact the Jihuli branch directly using the provided contact number. Many reliable financial websites also offer IFSC lookup tools, but it’s always best to verify with official sources.