Bihar Gramin Bank KAB IFSC Code

The Bihar Gramin Bank branch in KAB, located in Patna, Bihar, serves as a vital financial hub for the local community. For anyone needing to transfer money digitally, understanding the bank’s Indian Financial System Code (IFSC) is very important. This unique code makes sure that funds sent through systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service) reach the correct bank branch without any errors. It’s a key piece of information for secure and efficient online transactions.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	KAB
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7317
Branch Address	KAB, Patna, 801104, 9771464317
Contact Number	9771464317
City	Patna
District	Patna
Reason	PATNA
Pincode	801104
State	Bihar

Merger Update

For customers of what were formerly Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), it is important to note a significant change. These two banks merged to form a new entity, now widely operating as Bihar Gramin Bank for many of its branches, including KAB. As a result of this merger, all branches that were part of UBGB or DBGB now use a unified IFSC code provided by Punjab National Bank, their sponsor bank. The specific IFSC for this KAB branch is PUNB0MBGB06.

This means that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are no longer valid. For all fund transfers and other banking operations requiring an IFSC code, you must use the new code, PUNB0MBGB06. Using an outdated code will cause your transaction to fail.

What is an IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is an 11-character code assigned by the Reserve Bank of India (RBI) to identify each unique bank branch in India. Think of it as a specific address for every branch that performs online money transfers.

The 11 characters are structured in a particular way:

• The first four characters are alphabetic and represent the bank’s name. For example, “PUNB” in PUNB0MBGB06 stands for Punjab National Bank, the sponsor bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters are alphanumeric (a mix of letters and numbers). These characters uniquely identify the specific bank branch. In the KAB branch’s IFSC, “MBGB06” points to this particular location within the Bihar Gramin Bank network.

This unique structure helps ensure that funds are directed to the correct bank and specific branch, making digital transactions safe and reliable.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you are making online fund transfers. Here’s how it typically works for different types of transactions:

• For NEFT (National Electronic Funds Transfer): This system allows you to transfer money from one bank account to another across India. When you initiate an NEFT transaction, either through your bank’s online portal or mobile app, you will need to provide the recipient’s bank account number, their name, and the correct 11-digit IFSC code (PUNB0MBGB06 for the KAB branch).
• For RTGS (Real Time Gross Settlement): RTGS is used for high-value transactions, typically for amounts of 2 lakh rupees or more. Like NEFT, you will need the beneficiary’s account number, name, and the accurate IFSC code to complete the transfer. The money is transferred in real-time.
• For IMPS (Immediate Payment Service): IMPS allows for instant money transfers 24/7, including holidays. When using IMPS, you will typically enter the beneficiary’s mobile number, their MMID (Mobile Money Identifier) or their account number, and the IFSC code. The system verifies the details using the IFSC to ensure the money reaches the intended recipient immediately.

In all these methods, the IFSC code acts as a crucial identifier, ensuring that your money lands in the correct destination account and branch.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code at hand offers several important benefits:

• Accurate Transfers: It ensures that your money reaches the exact bank branch you intend, preventing errors and misdirected funds.
• Faster Processing: With the correct IFSC, online transactions like NEFT, RTGS, and IMPS are processed efficiently, often within minutes or hours.
• Enhanced Security: The unique identification helps in preventing fraudulent activities by linking transactions directly to verified bank branches.
• Convenience: It allows you to perform transactions from anywhere, anytime, without needing to visit a physical bank branch.
• Essential for Online Banking: The IFSC is a mandatory requirement for almost all digital fund transfers in India.

Contact Section

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

• Branch Phone Number: 9771464317
• Branch Address: KAB, Patna, 801104, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Q1: What is the IFSC code for Bihar Gramin Bank KAB branch?
A1: The IFSC code for Bihar Gramin Bank’s KAB branch is PUNB0MBGB06.

Q2: Is the IFSC code important for all types of bank transfers?
A2: The IFSC code is crucial for all electronic fund transfers within India, including NEFT, RTGS, and IMPS. It ensures your money goes to the correct recipient branch.

Q3: What should I do if I use an incorrect IFSC code?
A3: If you enter an incorrect IFSC code, your transaction will likely fail and the funds will not be transferred. In most cases, the money will be returned to your account. Always double-check the code before confirming a transfer.

Q4: How can I find the IFSC code for other Bihar Gramin Bank branches?
A4: You can usually find the IFSC code on your bank passbook or chequebook. It’s also available on the bank’s official website or through reliable third-party financial websites. You can also contact the bank’s customer service.

Q5: What does “PUNB0MBGB06” mean in terms of the bank’s structure?
A5: “PUNB” indicates Punjab National Bank, which is the sponsor bank. “0” is for future use. “MBGB06” identifies the specific branch within the Madhya Bihar Gramin Bank network, which is now operating as Bihar Gramin Bank for this branch after mergers.