Bihar Gramin Bank KHARARI IFSC Code

The Bihar Gramin Bank branch in KHARARI, located in the Rohtas district of Bihar, serves a vital role in local banking. When you need to transfer funds online, whether through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), a unique code is essential. This is where the Indian Financial System Code, or IFSC code, comes in. It acts like a digital address, ensuring your money reaches the exact bank branch you intend, making your transactions smooth, secure, and accurate.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	KHARARI
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7366
Branch Address	KHARARI, Rohtas, 821113, 9771464366
Contact Number	9771464366
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	821113
State	Bihar

Merger Update Section

For customers of Bihar Gramin Bank, it’s important to understand the bank’s structure and its impact on IFSC codes. Bihar Gramin Bank was formed through the merger of three regional rural banks: Uttar Bihar Gramin Bank (UBGB), Dakshin Bihar Gramin Bank (DBGB), and Madhya Bihar Gramin Bank (MBGB). All branches operating under this merged entity, including the KHARARI branch, now use a unified IFSC code structure. The sponsor bank for Bihar Gramin Bank is Punjab National Bank (PNB).

This means that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are now revoked and are no longer valid for transactions. The current, correct, and only valid IFSC code for the KHARARI branch of Bihar Gramin Bank is PUNB0MBGB06. Always use this new code to ensure your financial transactions are processed successfully and without delay.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alpha-numeric code that uniquely identifies every bank branch in India participating in online fund transfers. Understanding its structure can help you verify its authenticity.

• The first four characters represent the bank name. In the case of PUNB0MBGB06, ‘PUNB’ stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always ‘0’ (zero). This character is reserved for future use and acts as a control digit.
• The last six characters uniquely identify the specific branch. For the KHARARI branch, these are ‘MBGB06’. These characters can be numeric or alphanumeric.

This systematic breakdown allows payment systems to precisely route funds to the correct bank and branch, even if the bank has many branches across the country.

How to Use IFSC Code

Using the IFSC code correctly is crucial for successful online money transfers. Here’s how you typically use it for NEFT, RTGS, and IMPS transactions:

• Gather Recipient Details: Before initiating a transfer, you’ll need the recipient’s full name, their bank account number, and the correct IFSC code for their specific bank branch.
• Log In to Your Net Banking or Mobile Banking App: Access your online banking portal or mobile application provided by your bank.
• Navigate to Fund Transfer Section: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
• Add Beneficiary (if new): If you’re sending money to this recipient for the first time, you’ll need to add them as a new beneficiary. This involves entering their account number, name, and the IFSC code.
• Select Beneficiary and Enter Amount: Once the beneficiary is added (or if they are already in your list), select them, enter the amount you wish to transfer, and choose the type of transfer (NEFT, RTGS, or IMPS).
• Review and Confirm: Carefully review all the entered details, especially the account number and IFSC code. A small mistake can lead to delays or even transferring funds to the wrong account. After confirming, proceed with the transaction.

For NEFT and RTGS, transactions are processed in batches or continuously during specific banking hours. IMPS offers immediate transfers, 24/7.

Benefits Section

Knowing and using the correct IFSC code offers several significant benefits for your financial transactions:

• Accuracy in Fund Transfers: It ensures that your money reaches the exact intended bank branch, minimizing errors and misdirected funds.
• Facilitates Online Transactions: The IFSC code is mandatory for all major online transfer methods like NEFT, RTGS, and IMPS, enabling quick and efficient digital banking.
• Speed and Efficiency: By uniquely identifying the branch, it speeds up the processing of inter-bank transfers, as the system doesn’t need manual verification of branch details.
• Enhanced Security: It adds a layer of security by making sure funds are routed through authenticated channels to recognized bank branches.
• Easy to Locate: The IFSC code is usually printed on your bank passbook, cheque book, and is readily available on bank websites, making it easy to find when needed.

Contact Section

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

• Branch Phone Number (KHARARI): 9771464366
• Branch Address (KHARARI): KHARARI, Rohtas, 821113
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Bihar Gramin Bank): 18001807777

FAQs Section

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

Q1: Can I use an old IFSC code for Bihar Gramin Bank if I still have it?
A1: No, it is crucial to use only the current IFSC code. Following the merger of Uttar Bihar Gramin Bank, Dakshin Bihar Gramin Bank, and Madhya Bihar Gramin Bank into Bihar Gramin Bank, all old IFSC codes for their respective branches have been revoked. Using an outdated code will cause your transaction to fail.

Q2: What does ‘PUNB’ in the IFSC code PUNB0MBGB06 stand for?
A2: ‘PUNB’ stands for Punjab National Bank. Punjab National Bank is the sponsor bank for Bihar Gramin Bank. This prefix signifies the association and sponsorship, even though the branch operates under the Bihar Gramin Bank name.

Q3: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A3: No, the IFSC code is unique for each individual branch. While the first five characters (e.g., PUNB0) might be common across many branches within Bihar Gramin Bank, the last six characters are specific to a particular branch, like ‘MBGB06’ for the KHARARI branch. Always verify the full 11-character code for the exact branch you intend to transfer funds to.

Q4: What happens if I accidentally enter a wrong IFSC code during a transaction?
A4: If you enter an incorrect IFSC code, the transaction will most likely fail immediately, and your bank will notify you. In rare cases, if the incorrect code belongs to an actual, different branch and the account number happens to match, funds could be transferred to the wrong recipient. Therefore, always double-check the IFSC code, along with the account number and recipient’s name, before confirming any transaction.

Q5: Where can I find the correct IFSC code for my Bihar Gramin Bank account?
A5: You can typically find the correct IFSC code printed on the front page of your bank passbook or on a cheque leaf from your cheque book. You can also find it on the official Bihar Gramin Bank website, or by contacting the branch directly at the provided contact number.