Bihar Gramin Bank KARBIGAHIYA IFSC Code

Welcome to the KARBIGAHIYA branch of Bihar Gramin Bank, located in the vibrant city of Patna, Bihar. This branch serves the local community by providing essential banking services. When you need to transfer money electronically, such as through NEFT, RTGS, or IMPS, understanding the Indian Financial System Code (IFSC) for this branch is crucial. This unique code acts like a digital address, ensuring your funds reach the correct recipient bank and branch quickly and securely.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	KARBIGAHIYA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7426
Branch Address	KARBIGAHIYA, Patna, 800001, 9771464426
Contact Number	9771464426
City	Patna
District	Patna
Reason	PATNA
Pincode	800001
State	Bihar

Merger Update and IFSC Code for KARBIGAHIYA Branch

This specific branch, which falls under the broader Bihar Gramin Bank network, now operates with the IFSC code PUNB0MBGB06. This code clearly signifies its connection to Madhya Bihar Gramin Bank, a Regional Rural Bank (RRB) proudly sponsored by Punjab National Bank. It’s important to understand that several regional rural banks in Bihar have undergone significant consolidations and mergers over time. This process often leads to a standardized system for IFSC codes under their respective sponsoring banks. If this branch or any related regional rural bank in Bihar previously used a different IFSC code, those old codes are now revoked and are no longer valid for financial transactions. For all your digital fund transfers, including NEFT, RTGS, and IMPS, only PUNB0MBGB06 is the correct and valid code to use for the KARBIGAHIYA branch.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is a unique 11-character alphanumeric code. It’s used to identify every bank branch in India participating in electronic funds transfers. Think of it as a specific address for a bank branch. This code is crucial for ensuring that money transferred electronically reaches the intended recipient without any errors.

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

• The first four characters represent the bank name. For PUNB0MBGB06, ‘PUNB’ stands for Punjab National Bank, indicating the sponsoring bank.
• The fifth character is always a ‘0’ (zero). This is kept as a control character for future use.
• The last six characters identify the specific branch. In this case, ‘MBGB06’ uniquely identifies the KARBIGAHIYA branch under Madhya Bihar Gramin Bank.

How to Use the IFSC Code

Using the IFSC code for electronic fund transfers is a straightforward process. Here’s how you’d typically use it:

1. Gather Recipient Details: Before starting any transfer, make sure you have the recipient’s full name, bank account number, bank name, and the correct IFSC code for their specific branch (in this case, PUNB0MBGB06 for KARBIGAHIYA).
2. Log In to Your Banking Platform: Access your online banking portal or mobile banking app.
3. Select Transfer Type: Choose the type of transfer you wish to make:
   • NEFT (National Electronic Funds Transfer): Generally used for smaller to medium amounts, processed in batches.
   • RTGS (Real Time Gross Settlement): Ideal for large-value transfers (typically Rs. 2 lakh and above), processed individually and immediately.
   • IMPS (Immediate Payment Service): For instant transfers 24/7, suitable for various amounts.
4. Enter Beneficiary Details: You will be prompted to add a new beneficiary if they aren’t already saved. Input the recipient’s name, account number, confirm the account number, and most importantly, enter PUNB0MBGB06 as the IFSC code. The system will usually auto-populate the bank and branch name once the IFSC is entered correctly.
5. Specify Amount and Purpose: Enter the amount you wish to transfer and a brief description for the transaction (e.g., “Family Support,” “Bill Payment”).
6. Review and Confirm: Double-check all details before confirming the transaction. Once confirmed, the funds will be transferred.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code is highly beneficial for several reasons:

• Ensures Accuracy: It directs funds to the exact bank and branch, preventing misdirection or delays.
• Facilitates Speedy Transfers: Critical for quick electronic transactions like NEFT, RTGS, and IMPS, allowing funds to move rapidly between accounts.
• Enhances Security: The unique identification helps in tracking transactions and adds a layer of security to your financial dealings.
• Simplifies Online Transactions: Essential for setting up auto-payments, paying bills, or receiving payments from various online platforms.
• Reduces Manual Errors: Automates the identification of banking details, reducing the chance of human error during manual entry.

Contact Information

For any queries related to the KARBIGAHIYA branch, Madhya Bihar Gramin Bank, or Punjab National Bank, you can reach out using the following details:

Branch Phone Number: 9771464426

Branch Address: KARBIGAHIYA, Patna, 800001

Head Office Address (Madhya Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll-Free Number (Punjab National Bank): 18001807777

Frequently Asked Questions (FAQs)

Q1: Is the IFSC code PUNB0MBGB06 valid for all branches of Bihar Gramin Bank?
A1: No, the IFSC code PUNB0MBGB06 is specific to the KARBIGAHIYA branch. Each branch, even within the same bank, has a unique IFSC code. Always confirm the specific branch’s IFSC code before initiating a transaction.

Q2: What should I do if my bank asks for a different IFSC code for Bihar Gramin Bank?
A2: The provided IFSC code, PUNB0MBGB06, is the current and valid code for the KARBIGAHIYA branch. If you encounter a different code, especially an older one, it is likely outdated. Always use the most current code to ensure your transaction is successful. You can cross-verify on official bank websites or contact the branch directly.

Q3: Can I use PUNB0MBGB06 for international transfers?
A3: No, IFSC codes are solely for domestic transfers within India. For international money transfers, you would typically need a SWIFT (Society for Worldwide Interbank Financial Telecommunication) code or BIC (Bank Identifier Code).

Q4: What if I enter a wrong IFSC code during a transfer?
A4: If you enter an incorrect IFSC code, the transaction will likely fail and be rejected by the banking system. The funds will usually be returned to your account within a few hours or a day. However, it’s crucial to always double-check the IFSC and account number to avoid any delays or complications.

Q5: Is it possible for the IFSC code to change in the future?
A5: While IFSC codes are generally stable, they can change due to mergers, acquisitions, or restructuring of banks and branches. In such cases, banks typically inform their customers. It’s always a good practice to verify the current IFSC code if you haven’t performed a transaction with a particular branch for a long time.