Bihar Gramin Bank KARIYANNA IFSC Code

When you need to send or receive money at the KARIYANNA branch of Bihar Gramin Bank in Nalanda, Bihar, you’ll need the Indian Financial System Code, or IFSC. This unique code is essential for all electronic fund transfers. Whether you’re using NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the correct IFSC code ensures your money reaches the right bank and branch quickly and safely.

Branch Details Table

Here are the key details for the KARIYANNA branch:

Bank Name	Bihar Gramin Bank
Branch Name	KARIYANNA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7542
Branch Address	KARIYANNA, Nalanda, 803117, 7541807542
Contact Number	7541807542
City	Nalanda
District	Nalanda
Reason	BIHARSHARIF
Pincode	803117
State	Bihar

Merger Update

The banking landscape for Regional Rural Banks (RRBs) in Bihar has seen several changes over time, including mergers and reorganizations. While this branch is listed under Bihar Gramin Bank, the IFSC code PUNB0MBGB06 indicates that it falls under the purview of Madhya Bihar Gramin Bank (MBGB), which is sponsored by Punjab National Bank (PNB).

It’s important to note that banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have also undergone significant restructuring and mergers. In many cases, these merged entities now operate under new names and a consolidated IFSC code system. For example, some branches previously under UBGB or DBGB might now use codes associated with other sponsored RRBs. The IFSC code PUNB0MBGB06 is the correct and valid code for the KARIYANNA branch for all transactions today. Any old IFSC codes previously associated with UBGB or DBGB for branches that are now part of this structure have been revoked. They are no longer valid for fund transfers. Always ensure you use PUNB0MBGB06 for the KARIYANNA branch to ensure your transactions are successful.

What is IFSC Code?

The IFSC code is an 11-character alphanumeric code. It uniquely identifies every bank branch in India participating in electronic funds transfers. Understanding its structure can help you verify its authenticity:

• The first four characters represent the bank’s name. For PUNB0MBGB06, “PUNB” 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.
• The last six characters identify the specific branch. In this case, “MBGB06” refers to a particular branch code within the Madhya Bihar Gramin Bank system.

This detailed structure ensures that each branch has a unique digital address for financial transactions.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you’re setting up an electronic fund transfer:

1. Log in to your bank’s online banking portal or mobile app: Access the section for fund transfers (NEFT, RTGS, or IMPS).
2. Add a new beneficiary: If you haven’t sent money to this account before, you’ll need to add them as a new beneficiary.
3. Enter beneficiary details: You will be prompted to provide the beneficiary’s name, account number, bank name (Bihar Gramin Bank), and the specific branch name (KARIYANNA).
4. Input the IFSC code: Carefully enter PUNB0MBGB06 into the designated IFSC field. Double-check for any typing errors.
5. Confirm and transfer: After entering all details, review them one last time before confirming the transaction. The correct IFSC code ensures the money goes to the KARIYANNA branch specifically.

Benefits

Knowing the correct IFSC code for the KARIYANNA branch offers several important benefits:

• Guaranteed Accuracy: It ensures that your money transfer reaches the correct bank and branch without errors.
• Faster Transactions: Accurate IFSC codes lead to quicker processing of NEFT, RTGS, and IMPS transfers.
• Secure Transfers: Reduces the risk of funds being sent to the wrong account, protecting your money.
• Online Banking Convenience: Allows you to perform secure and reliable transactions from home, any time.
• Essential for Receipts: If you expect to receive money, sharing the correct IFSC code with the sender ensures they can transfer funds to you without issues.

Contact Section

If you need to get in touch with the KARIYANNA branch or the head office, here are the contact details:

• KARIYANNA Branch Phone Number: 7541807542
• KARIYANNA Branch Address: KARIYANNA, Nalanda, 803117
• Head Office Address (Madhya Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Madhya Bihar Gramin Bank): 18001807777

FAQs Section

Here are some common questions about IFSC codes and their use:

Q1: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A1: No, each branch of a bank has a unique IFSC code. Even within Bihar Gramin Bank (or its sponsored entity, Madhya Bihar Gramin Bank), every individual branch, like KARIYANNA, will have its own specific IFSC code. Always use the code specific to the branch where the beneficiary holds an account.

Q2: What happens if I use an incorrect IFSC code for a transfer?
A2: If you use an incorrect IFSC code, the transaction will likely fail. The banking system will detect the mismatch and reject the transfer. Your money will generally be credited back to your account, but there might be a delay. In rare cases, if the incorrect IFSC code corresponds to another valid branch and account, the money could go to the wrong place, making recovery difficult.

Q3: Can I find the IFSC code on my passbook or chequebook?
A3: Yes, the IFSC code is usually printed on your bank passbook and chequebook. You can often find it on the first page of your passbook or on a cheque leaf, next to the account number. This is a reliable way to confirm the correct code for your own branch.

Q4: Is the MICR code also used for online fund transfers?
A4: No, the MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. It helps in sorting and clearing cheques quickly. For electronic fund transfers like NEFT, RTGS, and IMPS, only the IFSC code is required.

Q5: How can I confirm the IFSC code if I’m unsure?
A5: You can confirm the IFSC code in several ways: check your bank passbook or chequebook, visit your bank’s official website, use the IFSC finder tool on the RBI (Reserve Bank of India) website, or call your bank’s customer service. It’s always best to verify before initiating a transfer.