Bihar Gramin Bank KARGIL CHOWK(KISANBAD) IFSC Code

The Bihar Gramin Bank branch at KARGIL CHOWK(KISANBAD) in Nalanda, Bihar, serves a crucial role for residents in the region. Understanding its Indian Financial System Code, or IFSC, is essential for any modern banking transaction. This unique code allows for secure and accurate online money transfers through systems like NEFT, RTGS, and IMPS, ensuring your funds reach the intended recipient without delay.

Branch Details Table

Here are the complete details for the Bihar Gramin Bank, KARGIL CHOWK(KISANBAD) branch:

Bank Name	Bihar Gramin Bank
Branch Name	KARGIL CHOWK(KISANBAD)
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7515
Branch Address	KARGIL CHOWK(KISANBAD), Nalanda, 803101, 7541807515
Contact Number	7541807515
City	Nalanda
District	Nalanda
Reason	BIHARSHARIF
Pincode	803101
State	Bihar

Merger Update

Bihar Gramin Bank was established following the merger of two prominent regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Today, Bihar Gramin Bank operates under the sponsorship of Punjab National Bank, a major public sector bank. This merger brought all branches, including KARGIL CHOWK(KISANBAD), under a single, unified IFSC code: PUNB0MBGB06.

It is very important to understand that any old IFSC codes previously used by UBGB or DBGB branches are now revoked and no longer valid for conducting financial transactions. For any fund transfers to or from any Bihar Gramin Bank account, you must exclusively use the new, unified IFSC code PUNB0MBGB06.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies every bank branch participating in online fund transfers within India. This code is crucial for directing your money to the correct bank and specific branch.

The structure of the IFSC code PUNB0MBGB06 can be broken down as follows:

• The first four characters (PUNB) represent the name of the bank. In this case, it signifies Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish the bank code from the branch code.
• The last six characters (MBGB06) uniquely identify the specific branch of the bank. For the KARGIL CHOWK(KISANBAD) branch, these characters point directly to its location.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you need to transfer money electronically. Here are the steps for common transfer methods like NEFT, RTGS, and IMPS:

1. Log In: Access your net banking portal or mobile banking application using your credentials.
2. Select Fund Transfer: Navigate to the fund transfer section. Choose the type of transfer you wish to make: NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service).
3. Add Beneficiary: If you are sending money to a new recipient, you will need to add them as a beneficiary. This usually involves entering their name, account number, and the name of their bank.
4. Enter IFSC Code: Crucially, input the correct IFSC code for the recipient’s branch. For Bihar Gramin Bank, KARGIL CHOWK(KISANBAD) branch, this is PUNB0MBGB06. Double-check this code to avoid errors.
5. Enter Amount and Confirm: Enter the amount you wish to transfer and then review all the details before confirming the transaction. Your bank will process the transfer using the provided IFSC code to route the funds correctly.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for any branch you wish to send money to, offers several important benefits:

• It enables seamless and secure online fund transfers through services like NEFT, RTGS, and IMPS.
• It ensures that your money reaches the exact intended bank branch and account, minimizing errors.
• The unique identification provided by the IFSC code enhances the overall security and accuracy of digital transactions.
• It significantly speeds up interbank money transfers, allowing funds to be credited quickly.
• The IFSC code is a fundamental requirement for most digital banking services and financial inclusion efforts.

Contact Section

For any queries or assistance related to the Bihar Gramin Bank, KARGIL CHOWK(KISANBAD) branch, you can reach out using the following details:

• Branch Phone Number: 7541807515
• Branch Address: KARGIL CHOWK(KISANBAD), Nalanda, 803101, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some frequently asked questions about the Bihar Gramin Bank, KARGIL CHOWK(KISANBAD) branch IFSC code:

Q1: What is the exact IFSC code for Bihar Gramin Bank, KARGIL CHOWK(KISANBAD) branch?
A1: The IFSC code for Bihar Gramin Bank, KARGIL CHOWK(KISANBAD) branch is PUNB0MBGB06.

Q2: Are the old Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) IFSC codes still valid?
A2: No, all old IFSC codes for UBGB and DBGB branches are no longer valid. You must use the unified IFSC code PUNB0MBGB06 for all Bihar Gramin Bank transactions.

Q3: Why is there a ‘0’ as the fifth character in the IFSC code?
A3: The ‘0’ (zero) as the fifth character is reserved for future use. It acts as a separator between the bank code and the specific branch code, making the entire code structure clear and systematic.

Q4: Can I use the IFSC code for cash deposits at the branch?
A4: No, the IFSC code is primarily used for electronic fund transfers like NEFT, RTGS, and IMPS. For cash deposits, you typically only need the account number and the bank branch name.

Q5: What happens if I enter an incorrect IFSC code during a transaction?
A5: If you enter an incorrect IFSC code, the transaction will likely fail. The banking system relies on this code to route funds correctly. Incorrect information will prevent the transfer from being processed, and your money will usually be returned to your account within a few business days.