Bihar Gramin Bank Kothia IFSC Code

The Kothia branch of Bihar Gramin Bank is an important financial hub located in Samastipur, Bihar. When you need to send money digitally to or from this branch, whether through NEFT, RTGS, or IMPS, an IFSC code is absolutely essential. This unique code ensures your funds reach the correct bank and branch without any issues, making your transactions smooth and secure.

Branch Details

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

Bank Name	Bihar Gramin Bank
Branch Name	Kothia
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3965
Branch Address	Kothia, Samastipur, 848122, 9955997874
Contact Number	9955997874
City	Samastipur
District	Samastipur
Reason	SAMASTIPUR
Pincode	848122
State	Bihar

Merger Update

Bihar Gramin Bank, to which the Kothia branch belongs, has been part of a significant consolidation process among Regional Rural Banks (RRBs) in Bihar. Following these mergers, many of these banks now operate under the sponsorship of Punjab National Bank (PNB). This means that their IFSC codes, like the one for Kothia branch, often begin with “PUNB0,” indicating PNB’s oversight.

It’s important to understand that with these mergers, previous IFSC codes used by the merged entities, including older codes from banks like Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) if they were part of these consolidations, have been revoked. They are no longer valid for transactions. For any fund transfers to Bihar Gramin Bank, Kothia, or other branches under this consolidated structure, you must use the new, unified IFSC code, such as PUNB0MBGB06. Using an old or incorrect code will cause your transaction to fail.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It is a unique 11-character alphanumeric code used to identify all bank branches that participate in India’s online money transfer systems like NEFT, RTGS, and IMPS. This code acts like a digital address for each bank branch.

The IFSC code has a specific structure:

• The first four characters are alphabetic and represent the bank’s name. For example, “PUNB” in PUNB0MBGB06 stands for Punjab National Bank, the sponsoring bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters are alphanumeric and uniquely identify the specific bank branch. In “PUNB0MBGB06”, “MBGB06” points to the Kothia branch under the Madhya Bihar Gramin Bank entity, which is now part of the wider Bihar Gramin Bank structure.

How to Use the IFSC Code

Using the IFSC code is simple and crucial for any digital fund transfer. Here’s how it generally works for different types of transactions:

For NEFT (National Electronic Funds Transfer):

1. Log in to your internet banking portal or mobile banking app.
2. Go to the “Fund Transfer” or “Payments” section.
3. Select “NEFT” as the transfer type.
4. Add the beneficiary (the person you are sending money to). You will need their name, account number, bank name (Bihar Gramin Bank), and the branch’s IFSC code (PUNB0MBGB06).
5. Enter the amount you wish to send.
6. Confirm the details and complete the transaction. NEFT transfers are processed in batches during business hours.

For RTGS (Real Time Gross Settlement):

1. Log in to your internet banking or mobile banking app.
2. Navigate to the “Fund Transfer” section.
3. Choose “RTGS” for large value transfers (typically INR 2 lakh and above).
4. Enter the beneficiary’s details: name, account number, bank name (Bihar Gramin Bank), and the IFSC code (PUNB0MBGB06).
5. Specify the amount.
6. Review all information carefully and proceed with the transfer. RTGS transactions are processed individually and almost instantly during banking hours.

For IMPS (Immediate Payment Service):

1. Access your mobile banking app or internet banking.
2. Select “IMPS” for immediate transfers.
3. You will typically need the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their account number and the IFSC code (PUNB0MBGB06).
4. Input the amount.
5. Verify the details and confirm. IMPS works 24/7, including holidays.

Benefits of Knowing the IFSC Code

Understanding and using the correct IFSC code offers several benefits for your financial activities:

• Accuracy: It ensures your money goes to the exact branch of the correct bank, preventing misdirected funds.
• Speed: It facilitates faster processing of digital payments like NEFT, RTGS, and IMPS.
• Security: By uniquely identifying each branch, it adds a layer of security to electronic transactions, reducing the risk of fraud.
• Mandatory for Digital Transfers: For almost all interbank electronic fund transfers within India, the IFSC code is a mandatory piece of information.
• Convenience: It simplifies the process of sending and receiving money across different banks, making banking more efficient.

Contact Information

If you need to get in touch with the bank, here are the relevant contact details:

• Kothia Branch Phone Number: 9955997874
• Kothia Branch Address: Kothia, Samastipur, 848122, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

FAQs

What is the IFSC code for Bihar Gramin Bank, Kothia branch?

The IFSC code for Bihar Gramin Bank, Kothia branch is PUNB0MBGB06.

Is the IFSC code necessary for all types of bank transfers?

The IFSC code is essential for interbank electronic fund transfers within India, such as NEFT, RTGS, and IMPS. If you are transferring money between two accounts in the same bank (intra-bank transfer), you might not always need the IFSC code, but it’s often still requested or beneficial to have.

What should I do if I enter a wrong IFSC code during a transfer?

If you enter an incorrect IFSC code, the transaction will most likely fail and your money will not be debited from your account, or it will be returned to your account within a few hours or business days. Always double-check the IFSC code and account number before confirming any transaction.

Can I find the IFSC code on my chequebook?

Yes, the IFSC code for your bank branch is usually printed on the top left corner of your chequebook. You can also find it on your bank’s official website, your passbook, or by contacting customer service.

Why do Bihar Gramin Bank IFSC codes start with “PUNB0”?

Bihar Gramin Bank, like many regional rural banks, is sponsored by a larger public sector bank. Following mergers and consolidations, Bihar Gramin Bank operates under the sponsorship of Punjab National Bank (PNB). Therefore, its IFSC codes reflect this sponsorship by starting with “PUNB0”.