Bihar Gramin Bank Khokha IFSC Code

This article will help you understand the details of the Bihar Gramin Bank branch located in Khokha, Purnia, Bihar. For anyone looking to send or receive money electronically in India, understanding the Indian Financial System Code (IFSC) is very important. This unique 11-character code is essential for all online fund transfers, including transactions made through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). It ensures that your money reaches the correct bank and branch without errors.

Branch Details

Here are the key details for the Bihar Gramin Bank, Khokha branch:

Bank Name	Bihar Gramin Bank
Branch Name	Khokha
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108094
Branch Address	Khokha, PURNIA, 854301
Contact Number	9297955805
City	PURNIA
District	PURNIA
Reason	PURNEA
Pincode	854301
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank was formed through the merger of two important regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). After this merger, all branches of the combined entity now operate under a single, unified IFSC code structure. This new structure is sponsored by Punjab National Bank (PNB), which is why the IFSC code for Khokha branch starts with PUNB.

For any transactions related to Bihar Gramin Bank, including the Khokha branch, you must use the new IFSC code, which is PUNB0MBGB06. It is important to know that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid. Using an old code will cause your transaction to fail. Always ensure you use the correct and updated IFSC code for seamless transfers.

What is an IFSC Code?

The IFSC Code, or Indian Financial System Code, is a unique 11-character alphanumeric code. It identifies every bank branch in India participating in the NEFT, RTGS, and IMPS systems. This code is crucial for electronically routing funds to the correct destination.

The structure of an IFSC code is simple to understand:

• The first four characters represent the bank name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” uniquely points to the Khokha branch of Bihar Gramin Bank.

This organized structure helps in precise identification of bank branches, reducing the chances of errors during financial transactions.

How to Use the IFSC Code

When you need to transfer funds electronically using NEFT, RTGS, or IMPS, the IFSC code is a mandatory piece of information. Here’s how you use it:

1. Log in to your bank’s online portal or mobile app: Access the section for fund transfers or remittances.
2. Select the type of transfer: Choose between NEFT, RTGS, or IMPS based on the amount and urgency of your transfer.
3. Add a new beneficiary: If you haven’t sent money to this person before, you’ll need to add them as a new beneficiary.
4. Enter beneficiary details:
   • Beneficiary’s Name (Account Holder’s Name)
   • Beneficiary’s Account Number (you’ll usually need to enter it twice to confirm)
   • Beneficiary’s Bank Name (e.g., Bihar Gramin Bank)
   • Beneficiary’s Branch Name (e.g., Khokha)
   • Beneficiary’s IFSC Code (e.g., PUNB0MBGB06)
5. Verify details: Double-check all the information you have entered, especially the account number and IFSC code, to ensure accuracy.
6. Enter the amount: Specify how much money you wish to transfer.
7. Confirm the transaction: Complete the transfer using your bank’s security protocols (e.g., OTP, transaction password).

The IFSC code acts like a postal code for bank branches, directing your funds to the exact location where the beneficiary holds their account.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for the branch of someone you need to pay, offers several key benefits:

• It ensures that your electronic fund transfers (NEFT, RTGS, IMPS) are routed correctly and reach the intended recipient without delay.
• It helps prevent common errors in money transfers, such as sending funds to the wrong account or branch.
• It simplifies the process of sending and receiving money online, making transactions quicker and more efficient.
• It is an essential requirement for most digital payment platforms and financial applications.
• It allows for quick identification of any bank branch across India, which is useful for various banking operations beyond just fund transfers.

Contact Information

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

• Khokha Branch Phone Number: 9297955805
• Khokha Branch Address: Khokha, PURNIA, 854301, BIHAR
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: What is the IFSC code for Bihar Gramin Bank, Khokha branch?
A1: The IFSC code for Bihar Gramin Bank, Khokha branch is PUNB0MBGB06.

Q2: Why is the IFSC code important for online fund transfers?
A2: The IFSC code is crucial because it precisely identifies the beneficiary’s bank and specific branch. This ensures that your money is transferred accurately and quickly to the correct destination through NEFT, RTGS, or IMPS.

Q3: Can I use an old IFSC code for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank for transactions?
A3: No, you cannot. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged to form Bihar Gramin Bank. All old IFSC codes associated with UBGB or DBGB are now invalid. You must use the new unified IFSC code, PUNB0MBGB06, for all transactions related to Bihar Gramin Bank.

Q4: What do the different parts of the IFSC code PUNB0MBGB06 mean?
A4: In PUNB0MBGB06, “PUNB” represents Punjab National Bank (the sponsor bank). The fifth character, “0”, is a reserved character. The last six characters, “MBGB06”, uniquely identify the Khokha branch of Bihar Gramin Bank.

Q5: Is the MICR code the same as the IFSC code?
A5: No, the MICR (Magnetic Ink Character Recognition) code is different from the IFSC code. The MICR code, which is 800811002 for the Khokha branch, is primarily used for processing paper-based documents like cheques. The IFSC code, PUNB0MBGB06, is specifically for electronic fund transfers.