Bihar Gramin Bank KANHAULI IFSC Code

This article focuses on the KANHAULI branch of Bihar Gramin Bank, located in Patna, Bihar. When you need to send money electronically, understanding the Indian Financial System Code (IFSC) is crucial. This unique 11-character code is essential for various online fund transfer methods, including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service), ensuring that your money reaches the correct bank and branch swiftly and securely.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	KANHAULI
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7445
Branch Address	KANHAULI, Patna, 801111
Contact Number	9771464445
City	Patna
District	Patna
Pincode	801111
State	Bihar

Merger Update

The banking landscape in Bihar has seen some significant changes over the years. The erstwhile Bihar Gramin Bank, which the KANHAULI branch was a part of, merged with Bihar Kshetriya Gramin Bank to form Madhya Bihar Gramin Bank. This new entity is sponsored by Punjab National Bank (PNB).

As a result of this merger, all branches previously under Bihar Gramin Bank now operate under Madhya Bihar Gramin Bank. This means that the KANHAULI branch’s official IFSC code is PUNB0MBGB06. It’s important to note that any old IFSC codes previously associated with Bihar Gramin Bank branches are no longer valid. For all your financial transactions, including NEFT, RTGS, and IMPS, you must use the updated IFSC code PUNB0MBGB06.

What is IFSC Code?

The Indian Financial System Code, or IFSC, is a unique 11-character code used to identify every bank branch in India. It’s a key piece of information needed for electronic fund transfers. Understanding its structure can help you identify it correctly:

• The first four characters represent the bank’s name. For example, “PUNB” in PUNB0MBGB06 stands for Punjab National Bank, the sponsoring bank for Madhya Bihar Gramin Bank.
• The fifth character is always a “0” (zero). This is kept as a control character for future use by the Reserve Bank of India.
• The last six characters uniquely identify the specific bank branch. In our case, “MBGB06” identifies the Madhya Bihar Gramin Bank and the specific branch within its network.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you’re setting up an electronic fund transfer. Here are the general steps:

1. Log in to Your Net Banking or Mobile Banking App: Access your bank account through your preferred online platform.
2. Select Transfer Type: Choose the type of transfer you want to make, such as NEFT, RTGS, or IMPS.
3. Add Beneficiary: If you’re sending money to a new recipient, you’ll need to add them as a beneficiary.
4. Enter Beneficiary Details: Provide the recipient’s name, their bank account number, and the correct IFSC code for their bank branch. For the KANHAULI branch, this is PUNB0MBGB06.
5. Enter Amount: Specify the amount you wish to transfer.
6. Confirm and Send: Review all the details carefully before confirming the transaction. This ensures the money goes to the right person and account.

Benefits

Knowing and using the correct IFSC code offers several advantages for your financial transactions:

• Ensures Accuracy: It directs your funds precisely to the intended bank and branch, minimizing errors.
• Facilitates Electronic Transfers: It is mandatory for all major electronic fund transfer systems like NEFT, RTGS, and IMPS, enabling quick and efficient money movement.
• Enhances Security: By precisely identifying the destination branch, it adds a layer of security to your transactions, reducing the risk of fraud.
• Saves Time: Electronic transfers are much faster than traditional methods, and the IFSC code is key to this speed.
• Avoids Delays: Using the correct code helps prevent delays or failures in your transactions.

Contact Section

For any queries related to the KANHAULI branch or other banking services, you can reach out using the following details:

• Branch Phone Number (KANHAULI): 9771464445
• Branch Address (KANHAULI): KANHAULI, Patna, 801111, Bihar
• Head Office Address (Madhya Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Madhya Bihar Gramin Bank): 18001807777

FAQs

Here are some frequently asked questions about IFSC codes and the KANHAULI branch:

Q1: What is the IFSC code for Bihar Gramin Bank KANHAULI branch?
A1: The IFSC code for the KANHAULI branch is PUNB0MBGB06. This code is used for all electronic fund transfers.

Q2: Is the IFSC code the same for all branches of Madhya Bihar Gramin Bank?
A2: No, while the first five characters (“PUNB0”) are generally consistent for Madhya Bihar Gramin Bank branches due to its sponsoring bank (Punjab National Bank), the last six characters are unique to each specific branch. Therefore, each branch has its own distinct IFSC code.

Q3: What should I do if I enter the wrong IFSC code during a transaction?
A3: If you enter an incorrect IFSC code, the transaction will likely fail and the funds will not be debited from your account or will be reversed. However, in rare cases, if the incorrect IFSC code corresponds to another valid branch and account number, the funds might go to the wrong recipient. Always double-check the IFSC code and account number before confirming any transfer.

Q4: How can I find the IFSC code for other bank branches?
A4: You can find IFSC codes on your bank’s chequebook, passbook, or by visiting your bank’s official website. Many third-party financial websites also provide IFSC code lookup tools. You can also contact your bank’s customer service for assistance.

Q5: Is an IFSC code required for all types of bank transactions?
A5: An IFSC code is specifically required for inter-bank electronic fund transfers such as NEFT, RTGS, and IMPS. It is not typically required for cash deposits, ATM withdrawals, or intra-bank transfers (transfers between two accounts within the same bank).