Bihar Gramin Bank Kasturi Sarai IFSC Code

If you’re managing your finances in Kasturi Sarai, a key locality in Vaishali, Bihar, understanding how to transfer money effectively is essential. Whether you’re sending funds to family, making business payments, or handling other transactions, digital methods like NEFT, RTGS, and IMPS are common. For these digital transfers, the Indian Financial System Code, or IFSC code, plays a critical role. It acts like a unique address, ensuring your money goes to the correct bank and specific branch, making your financial transactions smooth and secure.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Kasturi Sarai
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100139
Branch Address	Kasturi Sarai, VAISHALI, 843102
Contact Number	9297955003
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	843102
State	Bihar

Merger Update

For customers of what was formerly Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it’s important to note a significant change. These two banks have merged. The new combined entity now operates as Bihar Gramin Bank, and it is sponsored by Punjab National Bank (PNB). As a result of this merger, all branches, including Kasturi Sarai, now use a single, unified IFSC code: PUNB0MBGB06.

This means any old IFSC codes previously associated with UBGB or DBGB branches have been revoked and are no longer valid for transactions. To ensure your fund transfers are successful, always use the new and active IFSC code, PUNB0MBGB06, for all transactions involving Bihar Gramin Bank branches.

What is IFSC Code?

The IFSC code stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies every bank branch in India participating in online money transfers. This code is crucial for ensuring that funds are directed to the correct recipient bank and branch during transactions like NEFT, RTGS, and IMPS.

The 11 characters of an IFSC code have a specific structure:

• The first four characters identify the bank. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always “0” (zero). This is kept for future use and standardization across all IFSC codes.
• The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” is the unique code for the Kasturi Sarai branch.

This specific combination helps the banking system accurately pinpoint the exact branch for any online money transfer, preventing errors and ensuring funds reach their intended destination efficiently.

How to Use IFSC Code

Using the IFSC code for online fund transfers like NEFT, RTGS, or IMPS is straightforward. Here’s a step-by-step guide:

1. Log In to Your Bank Account: Access your net banking portal or mobile banking application.
2. Select Fund Transfer Option: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
3. Add Beneficiary Details: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. This typically involves providing:
   • The recipient’s name
   • The recipient’s account number (double-check for accuracy)
   • The recipient’s bank name (Bihar Gramin Bank)
   • The recipient’s branch name (Kasturi Sarai)
   • The IFSC Code: PUNB0MBGB06
4. Enter Transfer Amount: Specify how much money you want to send.
5. Confirm and Authorize: Review all the details carefully, especially the account number and IFSC code. Confirm the transaction, usually by entering an OTP or transaction password.

Once confirmed, the funds will be transferred to the specified account at the Bihar Gramin Bank Kasturi Sarai branch.

Benefits

Knowing the correct IFSC code for Bihar Gramin Bank Kasturi Sarai offers several advantages:

• It ensures accurate and secure online fund transfers to the correct bank and branch.
• It is mandatory for all NEFT, RTGS, and IMPS transactions, enabling fast digital payments.
• It helps in making payments for various services, bills, and online purchases.
• It facilitates interbank transactions, allowing you to send or receive money from different banks across India.
• It simplifies the process of identifying a specific bank branch, making banking operations smoother.

Contact Section

• Kasturi Sarai Branch Phone Number: 9297955003
• Kasturi Sarai Branch Address: Kasturi Sarai, VAISHALI, 843102, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number for Bihar Gramin Bank: 18001807777

FAQs

Here are some frequently asked questions about the Bihar Gramin Bank Kasturi Sarai IFSC code:

Q1: What does IFSC stand for?

A1: IFSC stands for Indian Financial System Code. It’s an 11-character code used to identify bank branches for online money transfers.

Q2: Is the Bihar Gramin Bank Kasturi Sarai branch still operational?

A2: Yes, the Bihar Gramin Bank Kasturi Sarai branch is fully operational. Its IFSC code is PUNB0MBGB06, and its MICR code is 800811002.

Q3: Why did the IFSC code for Bihar Gramin Bank branches change?

A3: The change occurred due to the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) into Bihar Gramin Bank. This new entity is sponsored by Punjab National Bank, leading to a unified IFSC code structure for all its branches, starting with “PUNB”.

Q4: Can I still use an old UBGB or DBGB IFSC code for a Bihar Gramin Bank branch?

A4: No, old IFSC codes from Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid. You must use the new and current IFSC code, PUNB0MBGB06, for all transactions involving Bihar Gramin Bank branches.

Q5: What is the MICR code for the Kasturi Sarai branch and what is its purpose?

A5: The MICR (Magnetic Ink Character Recognition) code for Bihar Gramin Bank Kasturi Sarai branch is 800811002. This 9-digit code is primarily used for processing physical cheques, helping to identify the bank and branch quickly during cheque clearing processes.