The Bihar Gramin Bank branch in Kurwa Mathia, located in the West Champaran district of Bihar, serves as a vital financial hub for the local community. For anyone needing to transfer money electronically, understanding the Indian Financial System Code (IFSC) for this specific branch is crucial. The IFSC code is a unique identifier essential for processing online fund transfers through systems like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). It ensures that your money reaches the correct bank and branch without errors, making financial transactions smooth and secure.
Branch Details Table
| Field | Detail |
|---|---|
| Bank Name | Bihar Gramin Bank |
| Branch Name | Kurwa Mathia |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 108039 |
| Branch Address | Kurwa Mathia, WEST CHAMPARAN, 845450 |
| Contact Number | 9297954054 |
| City | WEST CHAMPARAN |
| District | WEST CHAMPARAN |
| Reason | BETTIAH |
| Pincode | 845450 |
| State | Bihar |
Merger Update
Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank (PNB). It was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Madhya Bihar Gramin Bank. This consolidation brought these entities under a single, unified structure. As a result, all branches, including Kurwa Mathia, now operate with a standardized IFSC code linked to Punjab National Bank’s sponsorship. The specific IFSC code for Bihar Gramin Bank’s Kurwa Mathia branch is PUNB0MBGB06. It is important to note that any old IFSC codes previously associated with Uttar Bihar Gramin Bank are no longer valid for transactions. You must use the new code, PUNB0MBGB06, for all electronic fund transfers to ensure your payments are processed correctly.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to identify all bank branches in India that participate in electronic funds transfer systems. Each character in the code has a specific meaning:
- The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
- The fifth character is always ‘0’ (zero). This character is reserved for future use and helps maintain the standard 11-character length for all IFSCs.
- The last six characters uniquely identify the specific branch. In PUNB0MBGB06, “MBGB06” points to the Kurwa Mathia branch within the Bihar Gramin Bank network.
This structured format helps in routing transactions accurately to the intended bank and branch, minimizing errors in online money transfers.
How to Use IFSC Code
Using the IFSC code is a straightforward process when initiating online fund transfers via NEFT, RTGS, or IMPS. Here are the general steps:
- Log in to your net banking account or mobile banking app: Access your bank’s online platform.
- Navigate to the fund transfer section: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
- Add a new beneficiary: If you are sending money to someone for the first time, you will need to add them as a beneficiary.
- Enter beneficiary details: You will typically need the beneficiary’s name, account number, and the correct IFSC code (PUNB0MBGB06 for Kurwa Mathia branch).
- Specify transfer amount: Enter the amount of money you wish to send.
- Confirm and authorize: Review all the details carefully, then confirm the transaction. You might need to enter an OTP (One-Time Password) or transaction PIN to authorize the transfer.
Always double-check the IFSC code and account number before confirming any transaction to prevent funds from being sent to the wrong recipient.
Benefits
Knowing the correct IFSC code for Bihar Gramin Bank, Kurwa Mathia branch, offers several benefits:
- Enables Fast Transfers: Facilitates quick and efficient electronic money transfers via NEFT, RTGS, and IMPS.
- Ensures Accuracy: Guarantees that funds are directed to the precise bank and branch, reducing the risk of errors.
- Supports Digital Banking: Essential for using modern digital banking services, including online bill payments and merchant transactions.
- Maintains Security: Adds an extra layer of security by verifying the recipient bank’s identity.
- Convenience: Allows you to transfer money from anywhere, anytime, without needing to visit a physical bank branch.
Contact Section
- Branch Phone Number (Kurwa Mathia): 9297954054
- Branch Address (Kurwa Mathia): Kurwa Mathia, WEST CHAMPARAN, 845450, Bihar
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number (Bihar Gramin Bank): 18001807777
FAQs
Here are some common questions about the Bihar Gramin Bank IFSC code:
Q1: What is Bihar Gramin Bank?
A1: Bihar Gramin Bank is a Regional Rural Bank (RRB) operating in Bihar, India. It was formed from the merger of Uttar Bihar Gramin Bank and Madhya Bihar Gramin Bank and is sponsored by Punjab National Bank.
Q2: Is the IFSC code PUNB0MBGB06 valid for all Bihar Gramin Bank branches?
A2: No, PUNB0MBGB06 is specific to the Kurwa Mathia branch. While the first five characters (PUNB0) might be common for many Bihar Gramin Bank branches due to PNB sponsorship, the last six characters (MBGB06) uniquely identify the Kurwa Mathia branch. Each branch has its own unique IFSC code.
Q3: Can I use an old Uttar Bihar Gramin Bank (UBGB) IFSC code for transactions?
A3: No, old IFSC codes associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid. Following the merger, you must use the new, unified IFSC code provided for Bihar Gramin Bank branches, such as PUNB0MBGB06 for the Kurwa Mathia branch.
Q4: What should I do if my online transaction fails due to an incorrect IFSC code?
A4: If a transaction fails because of an incorrect IFSC code, the money usually gets reversed to your account within a few hours or one to two business days. It is crucial to verify the IFSC code and account number with the beneficiary before attempting the transfer again. You can also contact your bank’s customer service for assistance.
Q5: Where can I find the correct IFSC code for other Bihar Gramin Bank branches?
A5: You can find the correct IFSC code on your bank passbook, your bank’s official website, or by using reliable third-party financial information websites. Always cross-reference the information to ensure accuracy.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.