Bihar Gramin Bank KAURA IFSC Code

The Bihar Gramin Bank branch in KAURA is located in the Bhojpur district of Bihar. For anyone looking to send or receive money electronically to an account at this branch, the Indian Financial System Code (IFSC) is essential. This unique 11-character code acts like a specific address for the bank branch, ensuring that funds transferred through systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) reach the correct destination without errors.

Branch Details

Here are the specific details for the Bihar Gramin Bank, KAURA branch.

Bank Name	Bihar Gramin Bank
Branch Name	KAURA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	KAURA, Bhojpur, 802162
Contact Number	9771464050
City	Bhojpur
District	Bhojpur
Region	ARA
Pincode	802162
State	Bihar

Important Merger Update

Previously, banking services in the region were provided by two separate entities: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged to form a single entity, now known as Bihar Gramin Bank. This new bank is sponsored by Punjab National Bank (PNB).

As a result of this merger, all old IFSC codes belonging to the former UBGB and DBGB branches are now invalid. Using an old code will cause your transaction to fail. For all online fund transfers, you must use the new IFSC code format, which begins with ‘PUNB’. The correct and valid IFSC code for the KAURA branch is PUNB0MBGB06.

What is an IFSC Code?

The IFSC code is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the electronic fund transfer network. Understanding its structure can help you verify its authenticity.

Let’s break down the IFSC code PUNB0MBGB06:

• PUNB: The first four letters represent the name of the bank. In this case, ‘PUNB’ stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• 0: The fifth character is always a zero. It is a control character reserved for future use.
• MBGB06: The last six characters uniquely identify the specific branch. This part of the code directs the funds to the KAURA branch.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for online banking is a straightforward process. Whether you are using NEFT, RTGS, or IMPS, the steps are generally the same.

1. Log in to Net Banking: Access your account through your bank’s official mobile app or website.
2. Add a Beneficiary: Navigate to the fund transfer section and select the option to add a new payee or beneficiary.
3. Enter Beneficiary Details: You will need to provide the recipient’s name, their bank account number, and the IFSC code of their bank branch, which for this branch is PUNB0MBGB06.
4. Verify and Confirm: Double-check all the details you have entered, especially the account number and IFSC code, to prevent errors. Once confirmed, you can proceed to transfer funds.

Benefits of Using the Correct IFSC Code

Knowing and using the correct IFSC code provides several key advantages for your financial transactions.

• Ensures Accuracy: It guarantees that your money is routed directly to the intended bank branch and account.
• Prevents Errors and Delays: Using the right code minimizes the chances of transaction failure or funds being sent to the wrong location, which can cause significant delays.
• Enables Automated Processing: The code allows the entire transfer process to be automated, reducing the need for manual intervention and speeding up settlement times.
• Supports All Major Transfer Systems: It is a mandatory requirement for all major electronic payment systems in India, including NEFT, RTGS, and IMPS.

Contact Information

For direct assistance, you can contact the branch or the bank’s head office.

KAURA Branch
Phone: 9771464050
Address: KAURA, Bhojpur, 802162, Bihar

Bihar Gramin Bank Head Office
Address: Shri Vishnu Commercial Complex, Asochak, Patna-800030, Bihar
Toll-Free Number: 18001807777

Frequently Asked Questions

Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?

The code starts with ‘PUNB’ because Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank following the merger of UBGB and DBGB. The IFSC codes now align with the sponsor bank’s identifier.

What happens if I use an old IFSC code from Dakshin Bihar Gramin Bank?

If you use an old, invalid IFSC code, your transaction will be rejected. The funds will be reversed back to your account, but this may take some time. It is crucial to use only the new, updated IFSC code for all transactions.

Is the IFSC code the same for all branches of Bihar Gramin Bank?

No. While the first four letters (‘PUNB’) are common for all branches, the last six characters are unique to each specific branch. For example, the KAURA branch code is MBGB06, but another branch will have a different six-character code.

Where else can I find my branch’s IFSC code?

The IFSC code is printed on the cheque leaves of the chequebook issued by your bank. It is also usually mentioned in your bank passbook and can be found through your bank’s official net banking portal.

What is the difference between an IFSC code and a MICR code?

The IFSC code is used for online electronic fund transfers like NEFT and RTGS. The MICR (Magnetic Ink Character Recognition) code is a 9-digit code found at the bottom of a cheque leaf and is used for the physical processing and clearing of cheques.