Bihar Gramin Bank Mangalapur IFSC Code

If you’re looking to transfer funds to or from the Bihar Gramin Bank branch in Mangalapur, West Champaran, Bihar, understanding its Indian Financial System Code (IFSC) is crucial. This unique code acts like a digital address, ensuring your money reaches the correct bank and branch without any issues. It’s essential for all major electronic fund transfer systems in India, including NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service).

Branch Details

Here are the specific details for the Bihar Gramin Bank, Mangalapur branch:

Bank Name	Bihar Gramin Bank
Branch Name	Mangalapur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100284
Branch Address	Mangalapur, WEST CHAMPARAN, 845459, 9297954065
Contact Number	9297954065
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Pincode	845459
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this merger, the bank now operates under the sponsorship of Punjab National Bank. This means that all branches, including Mangalapur, now use IFSC codes that begin with the ‘PUNB’ prefix, indicating their link to Punjab National Bank.

For the Mangalapur branch, the only valid IFSC code for transactions is PUNB0MBGB06. It is very important to note that any old IFSC codes previously used for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are now revoked and will not work for fund transfers. Always use the new, updated IFSC code for all your NEFT, RTGS, and IMPS transactions to ensure they are processed correctly.

What is an IFSC Code?

The IFSC Code, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online fund transfers in India. Think of it as a unique address for each branch. This code helps the electronic transfer systems direct your money to the exact intended bank and branch.

The 11 characters of an IFSC code follow a specific pattern:

• The first four characters represent the bank’s name. For example, in PUNB0MBGB06, ‘PUNB’ stands for Punjab National Bank.
• The fifth character is always ‘0’ (zero). This character is reserved for future use.
• The last six characters identify the specific branch. For the Mangalapur branch, these are ‘MBGB06’.

How to Use an IFSC Code for Fund Transfers

Using an IFSC code is straightforward when you want to send money electronically. Here’s a general step-by-step guide for NEFT, RTGS, and IMPS transactions:

1. Log In to Your Bank’s Online Portal or Mobile App: Access your internet banking account or mobile banking application.
2. Select Fund Transfer Option: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
3. Add Beneficiary (If Not Already Added): If you are sending money to someone for the first time, you will need to add them as a beneficiary. This usually involves providing their name, account number, account type (savings or current), and the crucial IFSC code of their bank branch.
4. Enter Transaction Details: Once the beneficiary is added or selected, enter the amount you wish to transfer.
5. Choose Transfer Type: Select NEFT, RTGS, or IMPS based on the amount and urgency of your transfer.
6. Review and Confirm: Double-check all the details, especially the account number and IFSC code, before confirming the transaction. A small error can lead to funds being sent to the wrong account.

For example, if you are sending money to an account in Bihar Gramin Bank, Mangalapur, you would enter the IFSC code PUNB0MBGB06 during the beneficiary registration or transfer process.

Benefits of Knowing Your IFSC Code

Having easy access to your bank branch’s IFSC code offers several advantages:

• Faster Transfers: It ensures your electronic fund transfers like NEFT, RTGS, and IMPS are processed quickly and accurately.
• Prevents Errors: Using the correct IFSC code minimizes the risk of funds being transferred to the wrong account or getting stuck.
• Required for Online Banking: It’s a mandatory detail for setting up beneficiaries and initiating most online financial transactions.
• Simplifies Transactions: Knowing the code makes it easier for others to send money to your account, as they will need it.
• Account Reconciliation: It aids banks in identifying and reconciling transactions efficiently.

Contact Information

If you need to get in touch with the bank, here are the relevant contact details:

• Mangalapur Branch Phone Number: 9297954065
• Mangalapur Branch Address: Mangalapur, WEST CHAMPARAN, 845459, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Punjab National Bank): 18001807777

Frequently Asked Questions (FAQs)

Q1: Is the IFSC code PUNB0MBGB06 valid for all types of online transactions?

Yes, PUNB0MBGB06 is the correct and valid IFSC code for NEFT, RTGS, and IMPS transactions to the Bihar Gramin Bank, Mangalapur branch. Always use this code for any electronic fund transfers.

Q2: What happens if I use an old IFSC code from Uttar Bihar Gramin Bank?

If you use an old IFSC code from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) for a transaction to a Bihar Gramin Bank account, the transaction will likely fail. The system will reject the invalid code, and your funds will not be transferred. You must use the new code, PUNB0MBGB06.

Q3: Can I find the IFSC code on my passbook or cheque book?

Yes, the IFSC code is typically printed on your bank’s passbook and on the top leaves of your cheque book. It is usually found near the branch address or other bank details. Always cross-verify the code if you are unsure.

Q4: Why does the IFSC code start with ‘PUNB’ if the bank name is Bihar Gramin Bank?

Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. The ‘PUNB’ prefix in the IFSC code signifies this sponsorship and integration with Punjab National Bank’s system, especially after the merger of its predecessor banks.

Q5: Is MICR code also important for online transfers?

While the IFSC code is crucial for electronic fund transfers like NEFT, RTGS, and IMPS, the MICR (Magnetic Ink Character Recognition) code is mainly used for clearing paper-based instruments like cheques. It helps in the faster processing of cheques but is not directly used for online money transfers.