Bihar Gramin Bank Lohiaria IFSC Code

At the heart of Lohiaria, a vibrant locality in the West Champaran district of Bihar, the Bihar Gramin Bank branch plays a crucial role for many residents and businesses. When you need to send or receive money electronically within India, understanding the Indian Financial System Code (IFSC) for this branch is essential. The IFSC acts like a unique digital address for bank branches, making sure your funds reach the correct destination quickly and securely through systems like NEFT, RTGS, and IMPS.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Lohiaria
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100286
Branch Address	Lohiaria, WEST CHAMPARAN, 845450, 9297954058
Contact Number	9297954058
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Reason	BETTIAH
Pincode	845450
State	Bihar

Merger Update

Over the years, many regional rural banks in India have undergone mergers to streamline operations and offer better services. If the Bihar Gramin Bank branch at Lohiaria was previously operating under Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it’s important to know about a significant change. Both UBGB and DBGB, along with other regional rural banks in Bihar, have merged into a new entity now sponsored by Punjab National Bank. As a result, *all* transactions for these merged banks now use a unified IFSC code structure. The current valid IFSC code for this Lohiaria branch is PUNB0MBGB06. This means any older IFSC codes previously associated with UBGB or DBGB are now invalid. Always use PUNB0MBGB06 for all your fund transfers to this branch.

What is an IFSC Code?

An IFSC code, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in electronic funds transfers. Think of it as a unique address for a specific bank branch, ensuring money goes to the right place.

The structure of an IFSC code is simple to understand:

• The first four characters represent the bank name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank for Madhya Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” uniquely points to the Lohiaria branch.

How to Use an IFSC Code

Using an IFSC code is straightforward when you’re making an electronic fund transfer. Here’s how it works for common transfer methods:

For NEFT (National Electronic Funds Transfer):

1. Log in to your bank’s online banking portal or mobile app.
2. Go to the “Fund Transfer” or “Payments” section.
3. Select “NEFT” as the transfer type.
4. Add the beneficiary (the person you’re sending money to) if they’re not already listed. You’ll need their:
   • Account number
   • Account holder’s name
   • Bank name (Bihar Gramin Bank)
   • The branch IFSC code: PUNB0MBGB06
5. Enter the amount you wish to transfer and confirm the details.

For RTGS (Real-Time Gross Settlement):

1. The process is similar to NEFT. Log in to your online banking.
2. Choose “RTGS” for larger value transfers (typically above INR 2 Lakhs).
3. Provide the beneficiary’s details, including their account number, name, bank, and the IFSC code: PUNB0MBGB06.
4. Enter the amount and proceed with the transfer.

For IMPS (Immediate Payment Service):

1. Access your mobile banking app or internet banking.
2. Select “IMPS” for instant transfers.
3. You might have options like “Account Number + IFSC” or “Mobile Number + MMID”. If using the former, enter the beneficiary’s account number and the IFSC code: PUNB0MBGB06.
4. Confirm the transaction details.

Always double-check the IFSC code, account number, and beneficiary name before confirming any transfer to avoid sending money to the wrong account.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank or the beneficiary’s bank offers several key benefits:

• Accurate Fund Transfers: It ensures your money reaches the precise bank branch and account you intend, preventing costly errors.
• Faster Processing: Correct IFSC codes help systems process NEFT, RTGS, and IMPS transactions quickly and efficiently.
• Enhanced Security: The unique identification helps in tracking transactions and adds a layer of security to electronic transfers.
• Convenience: It simplifies adding new beneficiaries for online banking, making future transfers quicker.
• Broad Reach: Enables transfers to any bank branch across India that participates in electronic payment systems.

Contact

Bihar Gramin Bank, Lohiaria Branch:

• Phone Number: 9297954058
• Address: Lohiaria, WEST CHAMPARAN, 845450, Bihar

Head Office of Madhya Bihar Gramin Bank (sponsoring bank):

• Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Q1: Is the IFSC code the same for all branches of Bihar Gramin Bank?

A1: No, each individual bank branch has a unique IFSC code. While the first few characters related to the bank might be similar (e.g., “PUNB0”), the last six characters will be different for each branch, including the Lohiaria branch’s “MBGB06”.

Q2: What happens if I use an incorrect IFSC code during a transfer?

A2: If you enter an incorrect IFSC code, your transaction will likely fail. The banking system will not be able to locate the intended branch. In some rare cases, if the incorrect IFSC code corresponds to another valid branch and the account number also matches, your funds could be transferred to the wrong account. Always verify the IFSC code carefully.

Q3: Where can I find the IFSC code for my own bank account?

A3: You can usually find your bank’s IFSC code on your cheque book, bank passbook, or account statement. It is also available on your bank’s official website, mobile banking app, or by contacting customer service.

Q4: Is the IFSC code required for cash deposits at the branch?

A4: No, the IFSC code is specifically for electronic fund transfers (NEFT, RTGS, IMPS). If you are physically depositing cash or a cheque at the branch, you typically only need the account number and the deposit slip.

Q5: Can I use the IFSC code for international money transfers?

A5: No, IFSC codes are for domestic transfers within India. For international transfers, you usually need a SWIFT (Society for Worldwide Interbank Financial Telecommunication) code or BIC (Bank Identifier Code).