Bihar Gramin Bank MANKURHA IFSC Code

When you need to send money to or receive money from the Bihar Gramin Bank branch located in MANKURHA, Patna, you will need a special code called the IFSC. This code is essential for all electronic fund transfers. It ensures your money reaches the correct bank and branch without any delays or errors. This includes transactions through NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service). Understanding this code helps make your banking simple and secure.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	MANKURHA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	6914
Branch Address	MANKURHA, Patna, 801110, 7091596914
Contact Number	7091596914
City	Patna
District	Patna
Reason	PATNA
Pincode	801110
State	Bihar

Merger Update Section

The banking landscape for regional rural banks in Bihar has seen some important changes. If you previously used services from banks like Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it is important to know that these banks have merged into a unified entity. Many of these regional rural banks are now sponsored by larger banks. For the Bihar Gramin Bank, including the MANKURHA branch, the current and only valid IFSC code is PUNB0MBGB06. This specific code falls under the sponsorship and operational framework of Punjab National Bank (PNB).

This means any old IFSC codes that belonged to UBGB or DBGB are no longer valid for transactions. You must use the new, unified IFSC code PUNB0MBGB06 for all electronic fund transfers to or from the Bihar Gramin Bank MANKURHA branch. Using an outdated code will result in your transaction failing.

What is IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is a unique 11-character alphanumeric code. The Reserve Bank of India (RBI) assigns this code to every bank branch in India. Its main purpose is to identify each branch for electronic money transfers.

Here’s how the 11 characters are structured:

• The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is kept as a placeholder for future use.
• The last six characters identify the specific branch. In “PUNB0MBGB06“, “MBGB06” uniquely identifies the MANKURHA branch of Bihar Gramin Bank.

This structure makes sure that when you send money, it goes directly to the intended bank and branch, preventing errors in the transfer process.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you want to transfer money electronically. Here are the steps for common transfer methods like NEFT, RTGS, and IMPS:

1. Gather Recipient Details: First, you need the beneficiary’s full name, their bank account number, their bank name (Bihar Gramin Bank), and the branch name (MANKURHA).
2. Obtain the IFSC Code: Make sure you have the correct IFSC code for the MANKURHA branch, which is PUNB0MBGB06.
3. Log In to Your Banking Platform: Access your online banking account or mobile banking app.
4. Select Transfer Type: Choose the type of transfer you want to make:
   • NEFT (National Electronic Funds Transfer): This method processes transfers in batches, usually every half-hour during banking hours. There’s no minimum or maximum limit for NEFT.
   • RTGS (Real-Time Gross Settlement): This is for large value transactions, typically Rs. 2 lakh and above. The transfers are processed individually and in real-time.
   • IMPS (Immediate Payment Service): This allows for instant, 24/7 money transfers, even on holidays. It’s suitable for smaller amounts and quick transfers.
5. Add Beneficiary: If you are sending money to this account for the first time, you will need to add the beneficiary. You will be asked to enter the beneficiary’s name, account number, bank name, and the IFSC code (PUNB0MBGB06).
6. Verify and Confirm: After adding the beneficiary and before completing the transaction, double-check all the details, especially the account number and IFSC code. A small mistake can send your money to the wrong person.
7. Enter Amount and Send: Input the amount you wish to transfer and confirm the transaction. You will usually receive a confirmation SMS or email.

By following these steps, you can ensure your funds are transferred safely and accurately.

Benefits Section

Knowing and using the correct IFSC code offers several advantages for banking transactions:

• Accurate Transfers: It guarantees that your money reaches the correct bank branch and account, reducing the risk of errors.
• Secure Transactions: The code adds an extra layer of security to electronic fund transfers, making them reliable.
• Faster Processing: For NEFT, RTGS, and IMPS, the IFSC code helps in quick processing of funds, especially for urgent transfers.
• Unique Branch Identification: Each branch has a unique code, making it easy to identify any specific bank location across India.
• Nationwide Reach: It facilitates electronic transfers between any bank branch across the country, supporting national financial connectivity.
• Convenience: It simplifies the process of sending and receiving money online, making banking more convenient from anywhere.

Contact Section

For any inquiries related to the Bihar Gramin Bank MANKURHA branch, or for general banking assistance, you can use the following contact information:

• Branch Phone Number: 7091596914
• Branch Address: MANKURHA, Patna, 801110, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs Section

Here are some frequently asked questions about the Bihar Gramin Bank MANKURHA IFSC Code:

Q1: What is the IFSC code for Bihar Gramin Bank MANKURHA branch?
A1: The IFSC code for Bihar Gramin Bank, MANKURHA branch is PUNB0MBGB06. This code is crucial for all electronic fund transfers.

Q2: Is the Bihar Gramin Bank MANKURHA branch part of a merged entity?
A2: Yes, regional rural banks in Bihar have undergone restructuring. Bihar Gramin Bank, including the MANKURHA branch, now operates with unified IFSC codes under the sponsorship of Punjab National Bank. The code PUNB0MBGB06 reflects this unification.

Q3: Can I still use an old IFSC code for a Bihar Gramin Bank transaction?
A3: No. All old IFSC codes for previous regional rural banks in Bihar (like former UBGB or DBGB codes) are now revoked. You must only use the current valid IFSC code, PUNB0MBGB06, for any transactions related to Bihar Gramin Bank MANKURHA branch.

Q4: What types of transactions require an IFSC code?
A4: An IFSC code is required for all major electronic fund transfer methods: NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service). It’s also often needed for online bill payments to specific banks.

Q5: Why is the fifth digit of the IFSC code always zero?
A5: The fifth character in every IFSC code is always a zero (0). The Reserve Bank of India (RBI) keeps this digit as a control character. It serves as a placeholder for potential future use or modifications to the IFSC system, ensuring flexibility in its structure.