Bihar Gramin Bank Kajri Bhat IFSC Code

The Bihar Gramin Bank’s Kajri Bhat branch is located in Vaishali, Bihar. This specific location, like all bank branches, uses a unique Indian Financial System Code (IFSC) for electronic money transfers. Understanding this code is crucial for anyone looking to send or receive funds through systems like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS). The IFSC ensures that your money reaches the correct bank and branch without delays or errors.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Kajri Bhat
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100167
Branch Address	Kajri Bhat, VAISHALI, 844507, 9297955001
Contact Number	9297955001
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	844507
State	Bihar

Merger Update

For customers of Bihar Gramin Bank, it is important to understand the bank’s evolution. The present Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), among other regional rural banks. Following this merger, the bank now operates under the sponsorship of Punjab National Bank (PNB). All branches, including Kajri Bhat, use a unified set of IFSC codes starting with PUNB0, followed by MBGB (which represents Bihar Gramin Bank), and then the specific branch code. For the Kajri Bhat branch, the IFSC is PUNB0MBGB06.

It is crucial to note that any old IFSC codes previously used by Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank have been revoked. These older codes are no longer valid for any electronic fund transfers. For all future transactions, only the new IFSC code, such as PUNB0MBGB06 for the Kajri Bhat branch, must be used. Using an outdated code will lead to transaction failure and could cause delays in your financial operations.

What is an IFSC Code?

The Indian Financial System Code, or IFSC, is an 11-character alphanumeric code that uniquely identifies every bank branch participating in online fund transfers within India. The Reserve Bank of India (RBI) assigns these codes to facilitate secure and accurate electronic transactions.

The structure of an IFSC code is standard across all banks:

• The first four characters are alphabetic and represent the bank’s name. For Bihar Gramin Bank, sponsored by Punjab National Bank, these characters are PUNB.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between the bank code and the branch code.
• The last six characters are alphanumeric and identify the specific branch. For the Kajri Bhat branch, these are MBGB06. Combining these parts gives us the full IFSC: PUNB0MBGB06.

This unique identification system is what allows electronic fund transfers to be routed quickly and precisely to the intended recipient’s branch.

How to Use an IFSC Code

The IFSC code is essential for sending money electronically through various banking channels. Here’s how you typically use it:

For NEFT (National Electronic Funds Transfer):

1. Log in to your internet banking portal or mobile banking app.
2. Select the “Fund Transfer” or “NEFT” option.
3. Add the beneficiary’s details if you haven’t already. This will include the beneficiary’s name, account number, and the IFSC code of their bank branch (e.g., PUNB0MBGB06 for Kajri Bhat).
4. Enter the amount you wish to transfer.
5. Confirm the details and complete the transaction. NEFT transactions are processed in batches throughout the day.

For RTGS (Real Time Gross Settlement):

1. Access your bank’s online platform.
2. Choose the “Fund Transfer” or “RTGS” option.
3. Provide the beneficiary’s name, account number, and their bank branch’s IFSC code (like PUNB0MBGB06). RTGS usually has a higher minimum transaction limit (typically Rs. 2 Lakh).
4. Input the transfer amount.
5. Review all information carefully and authorize the transaction. RTGS transfers are processed individually and immediately, subject to banking hours.

For IMPS (Immediate Payment Service):

1. Open your mobile banking app.
2. Select the “IMPS” fund transfer option.
3. Enter the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their account number and the IFSC code (PUNB0MBGB06).
4. Specify the amount to be transferred.
5. Confirm the transaction. IMPS provides instant, 24/7 fund transfers, even on holidays.

Always double-check the IFSC code and account number before initiating a transaction to prevent errors.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch offers several practical advantages:

• Accurate Fund Transfers: It ensures your money goes to the exact bank branch you intend, minimizing the risk of funds being misdirected.
• Faster Processing: Correct IFSC codes help banks process NEFT, RTGS, and IMPS transactions quickly, reducing waiting times for both sender and receiver.
• Enhanced Security: The unique identification system adds a layer of security by making sure that electronic transactions are routed through recognized banking channels.
• Easy Access to Online Banking: If you use internet banking or mobile apps, the IFSC code is a fundamental piece of information needed to set up beneficiaries or initiate transfers.
• Simplified International Remittances: For incoming international remittances to India, the IFSC code might be requested by the sender’s bank to ensure the funds reach the correct domestic branch.

Contact Information

For specific inquiries related to the Bihar Gramin Bank, Kajri Bhat branch, or general banking services:

• Branch Phone Number: 9297955001
• Branch Address: Kajri Bhat, VAISHALI, 844507, BIHAR
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (for general queries): 18001807777

FAQs

Q1: Can I use an old IFSC code from Uttar Bihar Gramin Bank for transactions?
A1: No, old IFSC codes from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) have been revoked after the merger into Bihar Gramin Bank. You must use the new IFSC code, such as PUNB0MBGB06 for the Kajri Bhat branch, for all electronic fund transfers.

Q2: What happens if I use an incorrect IFSC code?
A2: If you use an incorrect IFSC code, your electronic fund transfer (NEFT, RTGS, IMPS) will likely fail. The transaction will be rejected by the banking system, and the funds will usually be returned to your account within a few hours or days. It can cause significant delays and inconvenience.

Q3: Is the IFSC code the same as the SWIFT code?
A3: No, the IFSC code and SWIFT code are different. An IFSC code is used for domestic electronic fund transfers within India, uniquely identifying bank branches. A SWIFT (Society for Worldwide Interbank Financial Telecommunication) code, also known as BIC (Bank Identifier Code), is used for international wire transfers to identify banks globally.

Q4: Where can I find the correct IFSC code for another Bihar Gramin Bank branch?
A4: You can find the correct IFSC code on your bank passbook, cheque book, or by visiting the official website of Bihar Gramin Bank (or its sponsoring bank, Punjab National Bank). You can also use reliable third-party financial websites that provide IFSC lookup services.

Q5: Is the Branch Code ‘100167’ for Kajri Bhat part of the IFSC code ‘PUNB0MBGB06’?
A5: Yes, the last six characters of the IFSC code, ‘MBGB06’, specifically identify the Kajri Bhat branch. While ‘100167’ is an internal branch identifier often used for bank records, ‘MBGB06’ is the portion that forms part of the IFSC and is used for routing electronic transactions.