Bihar Gramin Bank Laxmanpur Barbatta IFSC Code

The Bihar Gramin Bank branch located in Laxmanpur Barbatta, within the Vaishali district of Bihar, serves as a crucial hub for banking services in the region. When you need to transfer funds electronically, understanding the Indian Financial System Code (IFSC) for this specific branch is essential. This unique 11-character code acts like a digital address, ensuring that your money reaches the correct bank and branch swiftly and securely through services like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Laxmanpur Barbatta
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100056
Branch Address	Laxmanpur Barbatta, VAISHALI, 844122
Contact Number	9297954997
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	844122
State	Bihar

Merger Update

Previously, Bihar had two major regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged to form the single entity now known as Bihar Gramin Bank. As part of this consolidation, all branches of the new Bihar Gramin Bank now operate under a unified IFSC code structure, sponsored by Punjab National Bank (PNB).

For the Laxmanpur Barbatta branch and all other Bihar Gramin Bank branches, the new and only valid IFSC code is PUNB0MBGB06. It is crucial to note that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are no longer valid for electronic fund transfers. Always use the current code, PUNB0MBGB06, to ensure your transactions are processed correctly.

What is IFSC Code?

The IFSC Code, or Indian Financial System Code, is an 11-character alphanumeric code used to identify all bank branches participating in electronic fund transfers across India. It helps direct money to the correct destination during online transactions. Here’s how the code is structured:

• The first four characters represent the bank name. For Bihar Gramin Bank, this is PUNB, indicating its sponsorship by Punjab National Bank.
• The fifth character is always a zero (0). This is reserved for future use and remains constant across all IFSC codes.
• The last six characters identify the specific bank branch. In the case of Laxmanpur Barbatta branch, these are MBGB06.

So, for Bihar Gramin Bank, Laxmanpur Barbatta branch, the full IFSC code is PUNB0MBGB06. This unique identifier ensures that your funds are routed to the precise branch you intend.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you’re making electronic fund transfers. Whether you’re sending money via NEFT, RTGS, or IMPS, the steps are generally similar:

1. Log in to your net banking or mobile banking app: Access your online banking portal or mobile application.
2. Select the type of transfer: Choose whether you want to initiate an NEFT, RTGS, or IMPS transfer.
3. Add a new beneficiary (if not already added): You’ll need to provide details of the person or entity you’re sending money to.
4. Enter beneficiary details:
   • Beneficiary Name: The full name of the account holder.
   • Beneficiary Account Number: The account number where the funds will be credited.
   • Confirm Beneficiary Account Number: Re-enter the account number to ensure accuracy.
   • Bank Name: Bihar Gramin Bank.
   • IFSC Code: Enter PUNB0MBGB06 for the Laxmanpur Barbatta branch.
5. Enter the amount: Specify how much money you wish to transfer.
6. Add remarks (optional): You can include a note about the purpose of the transaction.
7. Confirm and authenticate: Review all the details carefully. Once confirmed, you’ll usually need to authenticate the transaction using an OTP (One-Time Password) or transaction password.

The system uses the IFSC code to correctly identify and locate the Laxmanpur Barbatta branch of Bihar Gramin Bank, ensuring your funds reach the intended recipient without delay.

Benefits of Knowing the IFSC Code

Having the correct IFSC code for your bank branch, or for any branch you wish to send money to, offers several important benefits:

• Accuracy in Fund Transfers: It guarantees that your money is sent to the precise bank and branch, minimizing the risk of funds being misdirected.
• Facilitates Electronic Payments: It is mandatory for all major electronic fund transfer systems like NEFT, RTGS, and IMPS, enabling quick and efficient transactions.
• Speeds Up Transactions: By providing a unique digital address, the IFSC code helps in faster processing of inter-bank transfers.
• Enhanced Security: It adds a layer of verification, ensuring that funds are routed through authorized banking channels.
• Easy Tracking: In case of any transaction issues, the specific IFSC code helps banks to track the movement of funds more effectively.
• Convenience: It simplifies the process of sending and receiving money across different banks and geographical locations without needing physical visits.

Contact Information

If you need to get in touch with the Bihar Gramin Bank, Laxmanpur Barbatta branch, or the head office, here are the relevant contact details:

• Branch Contact Number: 9297954997
• Branch Address: Laxmanpur Barbatta, VAISHALI, 844122
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some frequently asked questions about the Bihar Gramin Bank Laxmanpur Barbatta IFSC code:

Q1: What is the IFSC code for Bihar Gramin Bank, Laxmanpur Barbatta branch?
A1: The IFSC code for Bihar Gramin Bank, Laxmanpur Barbatta branch is PUNB0MBGB06.

Q2: Is the old IFSC code for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) still valid for this branch?
A2: No, Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank have merged to form Bihar Gramin Bank. All old IFSC codes for UBGB and DBGB branches are now invalid. You must use the new unified IFSC code, PUNB0MBGB06, for all transactions related to Bihar Gramin Bank.

Q3: What does the ‘PUNB’ in the IFSC code PUNB0MBGB06 signify?
A3: ‘PUNB’ stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.

Q4: What is the MICR code for Bihar Gramin Bank, Laxmanpur Barbatta branch?
A4: The MICR (Magnetic Ink Character Recognition) code for this branch is 800811002.

Q5: Can I use the IFSC code for depositing cash at the branch?
A5: The IFSC code is primarily used for electronic fund transfers like NEFT, RTGS, and IMPS. While knowing it helps identify the branch, it’s not directly used for making cash deposits over the counter. For cash deposits, you typically only need the account number.