Bihar Gramin Bank Maldah IFSC Code

In the heart of Sheikhpura district, Bihar, lies the Maldah branch of Bihar Gramin Bank. For anyone looking to send or receive money electronically to or from this branch, understanding and using its IFSC code is essential. This unique code acts like a digital address, enabling secure and swift fund transfers through systems like NEFT, RTGS, and IMPS. Without it, these modern banking conveniences would not be possible for your transactions.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Maldah
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3310
Branch Address	Maldah, Sheikhpura, 811101
Contact Number	8102918599
City	Sheikhpura
District	Sheikhpura
Reason	NAWADA
Pincode	811101
State	Bihar

Merger Update

Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this merger, and being sponsored by Punjab National Bank, a unified IFSC code has been adopted for all its branches. The Maldah branch, like all other branches of Bihar Gramin Bank, now uses the single IFSC code PUNB0MBGB06. It is crucial to note that any old IFSC codes previously associated with UBGB or DBGB are no longer valid for transactions. To ensure successful fund transfers, always use the new, consolidated IFSC code.

What is an IFSC Code?

An IFSC code, or Indian Financial System Code, is an eleven-character alphanumeric code used to identify bank branches involved in online money transfers. Think of it as a unique digital identifier for a specific bank branch within India.

The structure of the IFSC code is straightforward:

• The first four characters identify the bank. For example, “PUNB” stands for Punjab National Bank, which sponsors Bihar Gramin Bank.
• The fifth character is always zero (0). This character is reserved for future use and helps maintain uniqueness.
• The last six characters identify the specific branch. In the case of PUNB0MBGB06, “MBGB06” identifies the Maldah branch of Bihar Gramin Bank.

This clear structure helps in routing payments correctly to the intended recipient’s bank branch.

How to Use an IFSC Code

You will need the IFSC code whenever you perform an online fund transfer using services like NEFT, RTGS, or IMPS. Here’s a general guide on how to use it:

1. Gather Recipient Details: Before starting a transfer, make sure you have the recipient’s full name, account number, bank name, and the correct IFSC code for their specific branch.
2. Log in to Your Banking Portal: Access your net banking or mobile banking application.
3. Select Fund Transfer Option: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
4. Add a Beneficiary: If you’re sending money to this person for the first time, you’ll likely need to add them as a beneficiary. You will enter their name, account number, and the IFSC code (PUNB0MBGB06 for Maldah branch). The bank system will usually verify the bank name and branch automatically once the IFSC is entered.
5. Initiate Transfer: Once the beneficiary is added (or if they are already saved), select their account, enter the amount you wish to transfer, and choose the transfer type (NEFT, RTGS, or IMPS).
6. Confirm and Authorize: Review all details carefully. Confirm the transaction, often by entering an OTP (One-Time Password) or transaction password.

For example, if you are sending money to an account holder at Bihar Gramin Bank, Maldah branch, you would enter “PUNB0MBGB06” when prompted for the IFSC.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for a bank branch offers several advantages:

• Enables Online Fund Transfers: It is mandatory for NEFT, RTGS, and IMPS transactions, allowing you to send or receive money electronically.
• Ensures Accuracy: The unique code helps prevent errors in routing funds, ensuring your money reaches the correct branch and account.
• Facilitates Speed: With the correct IFSC, electronic transfers are processed quickly, often within minutes for IMPS, or a few hours for NEFT/RTGS.
• Increases Convenience: You can manage your finances and send money from anywhere, anytime, without needing to visit a physical bank branch.
• Verifies Branch Information: Entering the IFSC code often auto-fills or verifies the bank and branch name, adding an extra layer of security and accuracy to your transactions.

Contact Information

If you have questions or need further assistance regarding the Bihar Gramin Bank Maldah branch, you can use the following contact details:

* Branch Phone Number: 8102918599
* Branch Address: Maldah, Sheikhpura, 811101
* Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
* Toll-Free Number: 18001807777

Frequently Asked Questions

Q1: What does “PUNB” in the IFSC code PUNB0MBGB06 signify?
A1: “PUNB” indicates that Bihar Gramin Bank is sponsored by Punjab National Bank. All IFSC codes for Bihar Gramin Bank branches will start with PUNB.

Q2: Is the IFSC code PUNB0MBGB06 valid for all transactions with Bihar Gramin Bank, Maldah branch?
A2: Yes, PUNB0MBGB06 is the current and correct IFSC code for all online fund transfers (NEFT, RTGS, IMPS) to and from the Bihar Gramin Bank, Maldah branch.

Q3: What happened to the old IFSC codes for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB)?
A3: Following the merger of UBGB and DBGB to form Bihar Gramin Bank, all previous IFSC codes for these individual banks have been revoked. Only the new consolidated IFSC codes, like PUNB0MBGB06, are valid.

Q4: How can I find the IFSC code for other Bihar Gramin Bank branches?
A4: You can find the IFSC code for other branches on the bank’s official website, your bank passbook or cheque book, or by using reliable online IFSC code lookup tools by providing the bank name, state, district, and branch name.

Q5: Can I transfer money without an IFSC code?
A5: No, an IFSC code is mandatory for all online fund transfers within India using NEFT, RTGS, or IMPS. It ensures the funds are directed to the correct bank and branch.