Bihar Gramin Bank Marauna IFSC Code

The Bihar Gramin Bank branch in Marauna, located in the Supaul district of Bihar, plays a key role in local financial services. For any electronic fund transfers like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), or IMPS (Immediate Payment Service), knowing the correct IFSC (Indian Financial System Code) is essential. This unique code ensures your money reaches the right bank and branch quickly and securely.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Marauna
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100706
Branch Address	Marauna, SUPAUL, 852121, 9297954259
Contact Number	9297954259
City	Supaul
District	Supaul
Reason	Saharsa
Pincode	852121
State	Bihar

Merger Update

Previously, banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) operated independently. These two institutions have since undergone a significant merger. As a result of this merger, all operations are now unified under the sponsorship of Punjab National Bank (PNB). The Bihar Gramin Bank, including its Marauna branch, now uses a single, standardized IFSC code: PUNB0MBGB06.

It is important to note that any old IFSC codes previously issued for UBGB or DBGB branches are no longer valid. For all current and future electronic transactions, you must use the new code, PUNB0MBGB06, to ensure successful fund transfers.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code used to identify all bank branches participating in electronic fund transfers in India. It is unique to each branch. Understanding its structure can be helpful:

• The first four characters represent the bank name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank.
• The fifth character is always a zero (0). This character is reserved for future use and remains constant.
• The last six characters uniquely identify the specific bank branch. In this case, “MBGB06” identifies the Marauna branch of Bihar Gramin Bank.

This standardized format helps in routing funds accurately to the correct destination branch across the country.

How to Use an IFSC Code

Using an IFSC code for online money transfers is straightforward. Here are the steps for common transfer methods like NEFT, RTGS, and IMPS:

1. Log In: Access your bank’s net banking portal or mobile banking application using your credentials.
2. Select Transfer Type: Choose the type of transfer you wish to make: NEFT, RTGS, or IMPS.
3. Add Beneficiary: If you are sending money to someone for the first time, you will need to add them as a beneficiary.
4. Enter Beneficiary Details: Provide the beneficiary’s full name, account number, and the correct IFSC code (PUNB0MBGB06 for the Marauna branch). You might also need to confirm the bank name.
5. Enter Amount: Specify the amount of money you wish to transfer.
6. Review and Confirm: Double-check all the entered details, especially the account number and IFSC code, to avoid any errors. Once confirmed, authorize the transaction.

Always verify the IFSC code with the beneficiary or through official bank channels to prevent misdirection of funds.

Benefits of Knowing Your IFSC Code

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

• Secure Transactions: It ensures that your funds are routed to the precise branch, minimizing the risk of errors during transfers.
• Faster Processing: The unique identification helps in quick processing of electronic payments, leading to faster credit to the beneficiary’s account.
• Unique Identification: Each branch has a distinct IFSC, making it easy to differentiate between branches of the same bank.
• Mandatory for Online Transfers: IFSC is a compulsory requirement for initiating NEFT, RTGS, and IMPS transactions.
• Prevents Errors: By accurately identifying the destination branch, it helps prevent money being sent to the wrong account or bank.

Contact Information

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

• Branch Phone Number: 9297954259
• Branch Address: Marauna, SUPAUL, 852121
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Here are answers to some common questions about IFSC codes:

Q1: What does IFSC stand for?
A1: IFSC stands for Indian Financial System Code. It is an eleven-character code used to identify bank branches for electronic transactions.

Q2: Is the IFSC code unique for every bank branch?
A2: Yes, each branch of a bank that participates in electronic fund transfers has its own unique IFSC code. This ensures that money is sent to the correct branch.

Q3: Can I use an old IFSC code if I still have it for a Bihar Gramin Bank branch?
A3: No, it is crucial to use the current IFSC code, PUNB0MBGB06, for the Marauna branch. Following the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank, all old IFSC codes have been revoked. Using an old code will result in a failed transaction.

Q4: Do I need an IFSC code to deposit cash at a bank branch?
A4: Generally, you do not need an IFSC code for cash deposits made directly at the bank counter. IFSC codes are primarily required for electronic fund transfers like NEFT, RTGS, and IMPS.

Q5: How can I verify an IFSC code?
A5: You can verify an IFSC code through several reliable sources. These include the official website of your bank, the Reserve Bank of India (RBI) website, your bank passbook or cheque book, or by directly contacting the bank branch.