Bihar Gramin Bank Lahladpur IFSC Code

Welcome to the guide for Bihar Gramin Bank’s Lahladpur branch, located in Saran, Bihar. Understanding your bank’s IFSC code is essential for smooth and secure money transfers in today’s digital banking world. Whether you’re sending money through NEFT, RTGS, or IMPS, the Indian Financial System Code (IFSC) acts like a unique digital address, ensuring your funds reach the correct recipient bank and branch without any issues.

Bihar Gramin Bank Lahladpur Branch Details

Here are the key details for the Bihar Gramin Bank branch in Lahladpur:

Bank Name	Bihar Gramin Bank
Branch Name	Lahladpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100905
Branch Address	Lahladpur, SARAN, 841224, 9297955290
Contact Number	9297955290
City	SARAN
District	SARAN
Reason	CHAPRA
Pincode	841224
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 has streamlined operations and unified banking services under a single entity. As part of this merger, all branches now operate with a unified IFSC code structure. The IFSC code for Bihar Gramin Bank branches, including Lahladpur, begins with PUNB0. This prefix indicates its sponsorship by Punjab National Bank.

It is important to note that any old IFSC codes previously associated with Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) branches are no longer valid for transactions. For any fund transfers to a Bihar Gramin Bank account, including the Lahladpur branch, you must use the new, unified IFSC code, which is PUNB0MBGB06 for this specific branch. Using an outdated IFSC code will result in transaction failure.

What is an IFSC Code?

An IFSC code, or Indian Financial System Code, is an 11-character alphanumeric code that uniquely identifies every bank branch in India. It is critical for electronic fund transfers. The code is structured in a specific way:

• The first four characters represent the bank name. For Bihar Gramin Bank, sponsored by Punjab National Bank, these characters are PUNB.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between bank and branch codes.
• The last six characters identify the specific bank branch. For the Lahladpur branch, these characters are MBGB06.

So, for Bihar Gramin Bank Lahladpur, the complete IFSC code is PUNB0MBGB06.

How to Use the IFSC Code

Using the IFSC code is a straightforward process when you’re making an electronic fund transfer. Here’s how it works for common transaction types:

• For NEFT (National Electronic Funds Transfer): This system processes transactions in batches. When initiating a NEFT transfer, you will need the beneficiary’s name, account number, bank name, and the correct IFSC code. The system uses the IFSC to route the money to the specific branch.
• For RTGS (Real Time Gross Settlement): RTGS is for large-value transactions that are processed individually and in real time. Similar to NEFT, you’ll need the beneficiary’s details, including their account number, bank name, and the correct IFSC code for their branch.
• For IMPS (Immediate Payment Service): IMPS allows for instant, 24/7 fund transfers. When sending money via IMPS using an account number and IFSC, you will input the beneficiary’s account number and the 11-digit IFSC code. The system immediately verifies the branch and initiates the transfer.

In all these cases, the IFSC code acts as a crucial identifier, ensuring your money goes to the right place quickly and securely.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or the branch you are sending money to, offers several benefits:

• Accurate Fund Transfers: It ensures that your money reaches the intended recipient’s bank branch without errors.
• Faster Transactions: Correct IFSC codes help electronic systems process transfers quickly, especially for IMPS and RTGS.
• Prevents Transaction Failures: Using the wrong or outdated IFSC code will cause your transaction to fail, leading to delays and potential hassle.
• Necessary for Online Banking: Almost all online fund transfer methods require the IFSC code as a mandatory field.
• Increased Security: It adds an extra layer of verification, making electronic transactions more secure.

Contact Information

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

• Branch Phone Number: 9297955290
• Branch Address: Lahladpur, SARAN, 841224, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: What does PUNB0MBGB06 mean?

A1: PUNB0MBGB06 is the IFSC code for the Bihar Gramin Bank Lahladpur branch. “PUNB” indicates Punjab National Bank (the sponsor bank), “0” is a control character, and “MBGB06” uniquely identifies the Lahladpur branch of Bihar Gramin Bank.

Q2: Can I use an old Uttar Bihar Gramin Bank (UBGB) IFSC code for a Bihar Gramin Bank account?

A2: No, you cannot. After the merger of UBGB and DBGB into Bihar Gramin Bank, all old IFSC codes for those entities are no longer valid. You must use the new, unified IFSC code, which starts with “PUNB0” for Bihar Gramin Bank branches.

Q3: Is the IFSC code the same for all Bihar Gramin Bank branches?

A3: The first five characters (PUNB0) are the same for all Bihar Gramin Bank branches. However, the last six characters are unique to each specific branch. So, while they share a common prefix, the full 11-digit IFSC code will be different for each branch.

Q4: What should I do if my online transfer fails due to an incorrect IFSC code?

A4: If your transaction fails, first double-check that you have entered the correct IFSC code. Ensure there are no typos and that you are using the current, valid code for the Bihar Gramin Bank branch. If the problem persists, contact your bank or the beneficiary’s bank for assistance.

Q5: Do I need an IFSC code for cash deposits at the branch?

A5: No, an IFSC code is not required for cash deposits made directly at a bank branch. The IFSC code is primarily for electronic fund transfers like NEFT, RTGS, and IMPS, where funds are moved between different bank branches.