Bihar Gramin Bank KAJPA IFSC Code

The KAJPA branch of Bihar Gramin Bank is located in the Aurangabad district of Bihar. For anyone looking to send or receive money electronically to an account at this branch, the Indian Financial System Code (IFSC) is essential. This unique 11-character code acts like a specific address, ensuring that online fund transfers through systems like NEFT, RTGS, and IMPS are routed correctly and securely to the intended bank branch without any errors.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	KAJPA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	KAJPA, Aurangabad, 824122, 9771464105
Contact Number	9771464105
City	Aurangabad
District	Aurangabad
Pincode	824122
State	Bihar

Merger and IFSC Update

It is important for all customers to know that Dakshin Bihar Gramin Bank (DBGB) and Madhya Bihar Gramin Bank have merged. The new entity operates as Bihar Gramin Bank, sponsored by Punjab National Bank (PNB). Due to this merger, all old IFSC codes belonging to the former banks have been permanently discontinued. Transactions made using old codes will fail.

All branches, including KAJPA, now use a new IFSC code format under PNB’s sponsorship. For any fund transfer to the Bihar Gramin Bank KAJPA branch, you must use the new, valid IFSC code: PUNB0MBGB06.

What is an IFSC Code?

The IFSC code is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the electronic fund transfer network. Understanding its structure can help you verify its correctness.

Let’s break down the KAJPA branch IFSC code, PUNB0MBGB06:

• PUNB: The first four letters represent the bank’s name. In this case, ‘PUNB’ stands for Punjab National Bank, the sponsor bank.
• 0: The fifth character is always a zero. It is reserved for future regulatory use.
• MBGB06: The last six characters identify the specific bank branch.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online money transfer is a straightforward process. Whether you are using a mobile banking app or a web portal, the steps are generally the same.

1. Log into your bank’s internet banking portal or mobile application.
2. Navigate to the ‘Fund Transfer’ section and choose your preferred method (NEFT, RTGS, or IMPS).
3. Select ‘Add Beneficiary’ or ‘Add Payee’. You will need to do this for the first transfer to a new account.
4. Enter the recipient’s details: their name, bank account number, and the IFSC code of their branch, which is PUNB0MBGB06 for the KAJPA branch.
5. After the beneficiary is added, you can select their name, enter the amount you wish to transfer, and confirm the transaction. The IFSC code ensures your money is directed to the correct branch.

Why the IFSC Code is Important

• Accurate Routing: It guarantees that funds are sent to the exact branch where the recipient’s account is held, preventing misdirected payments.
• Error Reduction: The unique code minimizes the risk of human error during transactions. The banking system can validate the code to ensure it matches the bank and branch.
• Enables Digital Banking: IFSC codes are the backbone of all major online fund transfer services, including NEFT, RTGS, and IMPS, making banking faster and more convenient.
• Secure Transactions: By identifying the specific endpoints for a transaction, the IFSC code adds a layer of security and accountability to the digital payment ecosystem.

Contact Information

For direct assistance or queries, you can reach out to the branch or the bank’s head office.

Branch Contact
Phone: 9771464105
Address: KAJPA, Aurangabad, Bihar – 824122

Head Office
Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
Toll-Free Number: 1800-180-7777

Frequently Asked Questions

1. Can I still use my old Dakshin Bihar Gramin Bank (DBGB) IFSC code?
No. Following the merger, all old IFSC codes for DBGB are invalid. You must use the new code, PUNB0MBGB06, for all transactions to avoid failure.

2. What happens if I enter the wrong IFSC code?
If you enter an incorrect IFSC code, the transaction will most likely be rejected by the banking system. In rare cases where the incorrect code corresponds to another branch, the funds could be misdirected, leading to delays in getting your money back.

3. Is the IFSC code the same as the MICR code?
No, they serve different purposes. The IFSC code is used for online fund transfers like NEFT and RTGS. The MICR (Magnetic Ink Character Recognition) code is a 9-digit code found on checks used for faster processing of physical checks.

4. Do I need an IFSC code to receive money?
Yes. To receive money into your Bihar Gramin Bank KAJPA account via an online transfer, you must provide the sender with your account number and the correct IFSC code: PUNB0MBGB06.

5. Where else can I find my branch’s IFSC code?
The IFSC code is printed on the bank-issued checkbook and on the first page of your account passbook. You can also confirm it by contacting the branch directly.