Bihar Gramin Bank Kaua IFSC Code

The Bihar Gramin Bank has a branch in Kaua, Samastipur, Bihar. This branch serves the local community by providing essential banking services. For any digital money transfers, like NEFT, RTGS, or IMPS, knowing the correct Indian Financial System Code (IFSC) for this branch is crucial. The IFSC code ensures your funds reach the right bank and branch quickly and securely.

Branch Details

Here are the complete details for the Bihar Gramin Bank, Kaua branch:

Bank Name	Bihar Gramin Bank
Branch Name	Kaua
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3969
Branch Address	Kaua, Samastipur, 848504, 9955997886
Contact Number	9955997886
City	Samastipur
District	Samastipur
Reason	SAMASTIPUR
Pincode	848504
State	Bihar

Merger Update for Bihar Gramin Banks

Regional Rural Banks (RRBs) across India often undergo mergers to create stronger, more efficient banking networks. In Bihar, several Gramin Banks have been part of such consolidation. If the Kaua branch was previously associated with banks like Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it’s important to know that these entities, along with others, have undergone mergers as part of a larger consolidation effort. This has led to a streamlined banking structure, often under the sponsorship of a larger public sector bank like Punjab National Bank.

For the Bihar Gramin Bank, Kaua branch, the current and valid IFSC code is PUNB0MBGB06. This code is issued by Punjab National Bank as the sponsor bank for the merged entities or for Madhya Bihar Gramin Bank in this context. It is critical to use this specific code for all your digital transactions. Any old IFSC codes from former entities like UBGB or DBGB are no longer valid for transfers to this branch. Always use PUNB0MBGB06 to ensure your transactions are successful.

What is an IFSC Code?

The Indian Financial System Code, or IFSC, is a unique 11-character alphanumeric code. It’s assigned by the Reserve Bank of India (RBI) to identify every bank branch in the country that participates in electronic fund transfers. Think of it as a specific digital address for a bank branch.

The IFSC code for Bihar Gramin Bank, Kaua branch, which is PUNB0MBGB06, can be broken down to understand its structure:

• The first four characters represent the bank code. In this case, PUNB stands for Punjab National Bank, the sponsor bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between the bank code and the branch code.
• The last six characters identify the specific branch. Here, MBGB06 uniquely identifies the Kaua branch of Bihar Gramin Bank.

This structure ensures that each branch has a distinct code, making it impossible for funds to go astray if the correct IFSC is used.

How to Use an IFSC Code for Fund Transfers

Using the IFSC code is a straightforward process when sending money electronically. Here’s a step-by-step guide for NEFT, RTGS, and IMPS:

1. Log In: Access your internet banking portal or mobile banking application.
2. Select Fund Transfer: Navigate to the ‘Fund Transfer’ or ‘Payments’ section.
3. Choose Transfer Type: Select the type of transfer you wish to make – NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service).
4. Add/Select Beneficiary: If you’re sending money to someone for the first time, you’ll need to ‘Add a New Beneficiary’. If they are already registered, select their name.
5. Enter Beneficiary Details: Provide the beneficiary’s name, their bank account number (often you’ll need to enter it twice to confirm), and then the critical piece of information: the IFSC code. For the Kaua branch, enter PUNB0MBGB06.
6. Verify Bank and Branch: After entering the IFSC code, the system usually auto-populates the bank name (Bihar Gramin Bank) and branch name (Kaua). Always double-check these details.
7. Enter Amount: Specify the amount you wish to transfer.
8. Confirm and Authorize: Review all the transaction details carefully before confirming. You will likely need to authorize the transaction using an OTP (One-Time Password) or transaction password.

Always verify the beneficiary’s name, account number, and the IFSC code before completing a transfer to avoid any issues.

Benefits of Knowing the IFSC Code

Having the correct IFSC code at hand offers several advantages for modern banking:

• Ensures Accuracy: It directs funds to the precise branch and bank, minimizing errors in interbank transfers.
• Facilitates Electronic Transfers: It is mandatory for popular electronic payment systems like NEFT, RTGS, and IMPS, enabling fast and efficient money movement.
• Simplifies Transactions: You don’t need to know the bank’s physical location or other complex details, just the unique code.
• Reduces Paperwork: It helps in reducing the reliance on physical checks and demand drafts, promoting digital banking.
• Secure Transactions: By uniquely identifying branches, it adds a layer of security and traceability to your financial transactions.
• Time-Saving: Electronic transfers using IFSC are often quicker than traditional methods, especially for larger sums via RTGS.

Contact Information

If you need to get in touch with the Bihar Gramin Bank Kaua branch or its head office, here are the details:

• Kaua Branch Phone Number: 9955997886
• Kaua Branch Address: Kaua, Samastipur, 848504
• Head Office Address (Madhya Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: What is the IFSC code for Bihar Gramin Bank, Kaua branch?

A1: The IFSC code for Bihar Gramin Bank, Kaua branch, is PUNB0MBGB06.

Q2: Is the Kaua branch part of a merged bank entity?

A2: Yes, the Regional Rural Banks in Bihar, including entities that might have comprised the Bihar Gramin Bank system, have undergone mergers. These mergers aim to streamline operations, and the current IFSC code reflects this consolidated structure under the sponsorship of Punjab National Bank.

Q3: Can I still use an old IFSC code, perhaps from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), for transfers to Kaua branch?

A3: No, old IFSC codes from former entities are no longer valid for transactions to the Kaua branch. You must use the current and official IFSC code, PUNB0MBGB06, for all fund transfers to ensure they are processed correctly.

Q4: What types of banking services require an IFSC code?

A4: An IFSC code is essential for all electronic fund transfers, including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). It is also sometimes required for online bill payments and other digital banking services where funds are transferred between different banks.

Q5: How can I verify the IFSC code for the Kaua branch?

A5: You can verify the IFSC code through several reliable sources: check your bank’s official website, look at your passbook or chequebook, or use trusted online banking portals that provide IFSC lookup services. Always confirm the code before initiating a transaction.