Bihar Gramin Bank KHURMABAD IFSC Code

The Bihar Gramin Bank branch in KHURMABAD, located in the Rohtas district of Bihar, serves a vital role for its community. For anyone looking to send or receive money electronically, understanding the Indian Financial System Code (IFSC) for this branch is crucial. This unique eleven-character code is essential for all major electronic fund transfers, including National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, these digital transactions cannot be completed, ensuring that your money reaches the right recipient bank and branch.

Detail	Information
Bank Name	Bihar Gramin Bank
Branch Name	KHURMABAD
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7367
Branch Address	KHURMABAD, Rohtas, 821108
Contact Number	9771464367
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	821108
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank was formed through the merger of two prominent regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This consolidation aimed to streamline operations and provide better services across the region.

Following this merger, all branches, including KHURMABAD, now operate under the unified structure of Bihar Gramin Bank. Importantly, Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank. This means that all electronic transactions for Bihar Gramin Bank branches use an IFSC code that starts with PNB’s identifier. The new, standardized IFSC code for all Bihar Gramin Bank branches, including KHURMABAD, is PUNB0MBGB06.

It is crucial to understand that any old IFSC codes previously used for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) are now revoked. If you are sending money to a Bihar Gramin Bank account, you must use only the new IFSC code, PUNB0MBGB06. Using an outdated code will result in transaction failure.

What is an IFSC Code?

The Indian Financial System Code, or IFSC, is an eleven-character alphanumeric code. It uniquely identifies every bank branch in India participating in electronic fund transfers. The Reserve Bank of India (RBI) assigns these codes to ensure that money sent through digital channels reaches the correct bank and branch without error.

The IFSC code has a specific structure:

• The first four characters represent the bank’s name. For Bihar Gramin Bank, which is sponsored by Punjab National Bank, these characters are PUNB.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific branch. For the KHURMABAD branch of Bihar Gramin Bank, these are MBGB06.

So, for Bihar Gramin Bank KHURMABAD, the IFSC code PUNB0MBGB06 clearly breaks down as PUNB (Punjab National Bank, the sponsor bank), 0 (reserved character), and MBGB06 (KHURMABAD branch identifier).

How to Use the IFSC Code for Fund Transfers

Using the correct IFSC code is simple once you understand where and when to enter it. Here’s how it works for the most common electronic fund transfer methods:

1. For NEFT (National Electronic Funds Transfer): This system processes transfers in batches. When you initiate an NEFT transaction, either online or at your bank branch, you will need to provide:
   • The recipient’s account number.
   • The recipient’s name.
   • The recipient’s bank name (Bihar Gramin Bank).
   • The recipient’s branch name (KHURMABAD).
   • The IFSC code for the KHURMABAD branch: PUNB0MBGB06.

   The bank uses this IFSC to route your funds correctly to the KHURMABAD branch.

2. For RTGS (Real Time Gross Settlement): RTGS is used for large-value transactions, typically ₹2 lakh and above, processed individually in real time. The process is similar to NEFT:
   • You will enter the recipient’s account number and name.
   • You will select Bihar Gramin Bank and the KHURMABAD branch.
   • The system will then prompt for the IFSC code: PUNB0MBGB06.

   The real-time nature of RTGS makes the precise routing via IFSC even more critical.

3. For IMPS (Immediate Payment Service): IMPS allows instant, 24/7 fund transfers, including on holidays. It is often used for smaller, urgent payments. When using IMPS via mobile banking or a banking app:
   • You typically enter the recipient’s mobile number and MMID (Mobile Money Identifier), or the recipient’s account number and IFSC code: PUNB0MBGB06.

   Some apps may automatically fetch the branch details once you enter the IFSC, simplifying the process.

Always double-check the IFSC code before confirming any transaction. A single incorrect digit can lead to delays or the transfer being sent to the wrong account.

Benefits of Knowing the IFSC Code

Having the correct IFSC code for Bihar Gramin Bank KHURMABAD offers several important advantages:

• Accurate Fund Transfers: Ensures your money reaches the specific KHURMABAD branch without errors.
• Faster Transactions: Speeds up the processing time for NEFT, RTGS, and IMPS, as the system can quickly identify the destination.
• Reduced Delays: Prevents transactions from being held up or rejected due to incorrect branch identification.
• Enhanced Security: Adds another layer of verification, making sure funds are routed to a verified bank and branch.
• Convenience for Senders: Makes it easier for individuals or businesses to send payments to accounts at the KHURMABAD branch from anywhere in India.
• Online Banking Enabled: Essential for using internet and mobile banking services to send money to or from this branch.

Contact Information

For any banking inquiries related to the Bihar Gramin Bank KHURMABAD branch, or for general assistance, you can use the following contact details:

• KHURMABAD Branch Phone Number: 9771464367
• KHURMABAD Branch Address: KHURMABAD, Rohtas, 821108, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Customer Care Number: 18001807777

These contact points can help you with account-specific questions, transaction status, or general information about Bihar Gramin Bank services.

Frequently Asked Questions (FAQs)

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

A1: The IFSC code for Bihar Gramin Bank’s KHURMABAD branch is PUNB0MBGB06.

Q2: Can I use an old IFSC code from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) for transactions to KHURMABAD branch?

A2: No, all old IFSC codes for UBGB and DBGB branches are now invalid. You must use the new, unified IFSC code PUNB0MBGB06 for all Bihar Gramin Bank transactions, including those to the KHURMABAD branch.

Q3: What does PUNB in the IFSC code PUNB0MBGB06 stand for?

A3: PUNB stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank. All Bihar Gramin Bank IFSC codes begin with PUNB.

Q4: Is the IFSC code required for all types of bank transfers?

A4: Yes, the IFSC code is mandatory for all electronic fund transfers within India, such as NEFT, RTGS, and IMPS. It ensures your money goes to the correct bank and branch.

Q5: How can I find the MICR code for Bihar Gramin Bank KHURMABAD branch?

A5: The MICR (Magnetic Ink Character Recognition) code for Bihar Gramin Bank KHURMABAD branch is 800811002. You can usually find this on your cheque book or by contacting the branch directly.