Bihar Gramin Bank Kurha IFSC Code

The Kurha branch of Bihar Gramin Bank is located in the Begusarai district of Bihar. For anyone looking to send or receive money online through this branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code is required for all major electronic fund transfer systems in India, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC code ensures that your money is routed correctly and reaches the specific branch account without errors.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Kurha
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	Kurha, Begusarai, 851217, 8102918653
Contact Number	8102918653
City	Begusarai
District	Begusarai
State	Bihar

Merger and Updated IFSC Code

It is important to note that Bihar Gramin Bank was formed by the amalgamation of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). After the merger, all branches now operate under the sponsorship of Punjab National Bank (PNB). As a result, the old IFSC codes previously used by UBGB and DBGB branches are no longer valid. For any online transaction to the Kurha branch, you must use the new, updated IFSC code: PUNB0MBGB06. Using an old or incorrect code will lead to transaction failure.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. The code has a specific structure that helps identify the bank and its branch.

Let’s break down the IFSC code for the Kurha branch, PUNB0MBGB06:

• First 4 Characters (PUNB): These letters represent the bank’s name. In this case, ‘PUNB’ stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• Fifth Character (0): This is always a zero. It is a control character reserved for future use.
• Last 6 Characters (MBGB06): This part identifies the specific branch. For this branch, ‘MBGB06’ is the unique code for the Kurha location.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online money transfer is a straightforward process. Whether you are using a mobile banking app or an internet banking website, the steps are generally the same.

1. Log in to your net banking account or mobile banking application.
2. Navigate to the ‘Fund Transfer’ or ‘Payments’ section and select the transfer type (NEFT, RTGS, or IMPS).
3. Add the recipient as a ‘beneficiary’. You will need to provide their name, account number, and the bank name.
4. Enter the IFSC code for the beneficiary’s branch. For the Kurha branch, you would enter PUNB0MBGB06.
5. After entering all details, verify them carefully and confirm the transaction, usually with an OTP (One-Time Password).

Benefits of Using the Correct IFSC Code

• Ensures Accuracy: The primary benefit is that it routes your funds to the exact bank branch intended, eliminating confusion.
• Prevents Errors: Using the right code minimizes the risk of failed transactions or money being sent to the wrong account.
• Faster Processing: Correct details allow for automated, quicker processing of NEFT, RTGS, and IMPS payments.
• Universal Requirement: It is a mandatory requirement for nearly all forms of digital bank-to-bank transfers in India.

Contact Information

For any direct inquiries or assistance, you can contact the branch or the head office.

• Branch Phone Number: 8102918653
• Branch Address: Kurha, Begusarai, Bihar – 851217
• Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna, Bihar – 800030
• Toll-Free Number: 18001807777

Frequently Asked Questions

1. What is the new IFSC code for the Bihar Gramin Bank Kurha branch?

The correct and updated IFSC code for the Kurha branch is PUNB0MBGB06. You must use this code for all online transactions.

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

It starts with ‘PUNB’ because Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). The first four letters of an IFSC code always represent the sponsor or parent bank.

3. Can I still use the old IFSC code from before the bank merger?

No. The old IFSC codes for Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank are now invalid. Using them will cause your transaction to be rejected.

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

An IFSC code is used for online fund transfers like NEFT and RTGS. A MICR (Magnetic Ink Character Recognition) code is a 9-digit code found on cheques, used for faster cheque processing.

5. What happens if I enter the wrong IFSC code?

If you enter a code that doesn’t exist, the transaction will be cancelled and the money refunded to your account. If the code exists but belongs to a different branch, the funds might be credited to an account at that branch, which can be difficult to retrieve.