Bihar Gramin Bank MAUNA IFSC Code

When you need to send money digitally to or from the Bihar Gramin Bank MAUNA branch in Rohtas, Bihar, understanding the Indian Financial System Code (IFSC) is crucial. This unique code acts like a digital address for bank branches, ensuring your funds reach the correct recipient quickly and securely. It’s essential for modern banking transactions like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS).

Branch Details

Here are the key details for the Bihar Gramin Bank, MAUNA branch:

Bank Name	Bihar Gramin Bank
Branch Name	MAUNA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7375
Branch Address	MAUNA, Rohtas, 821310, 9771464375
Contact Number	9771464375
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	821310
State	Bihar

Merger Update

Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. It was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This consolidation means that all branches, including MAUNA, now operate under a unified structure and utilize a common IFSC code series. Specifically, the IFSC code PUNB0MBGB06 for the MAUNA branch is part of this new series. It is important to note that any old IFSC codes previously associated with UBGB or DBGB for their respective branches have been revoked. For any financial transactions, only the new, updated IFSC code, such as PUNB0MBGB06, is valid.

What is an IFSC Code?

The IFSC Code is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify each bank branch uniquely. It ensures that money transfers happen without errors, directing funds to the exact branch. Here’s how it’s 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 reserved for future use and helps maintain uniqueness across the system.
• The last six characters identify the specific branch. In our example, “MBGB06” uniquely points to the MAUNA branch of Bihar Gramin Bank.

How to Use the IFSC Code

Using the IFSC code is a straightforward process when you’re making digital fund transfers:

1. Gather Information: Before initiating a transfer, you’ll need the recipient’s bank account number, account holder’s name, and the correct IFSC code for their specific branch.
2. Select Transfer Type: Log in to your bank’s online banking portal or mobile app. Choose the type of transfer you want to make: NEFT, RTGS, or IMPS.
3. Enter Details: Input the recipient’s account number, confirm the account holder’s name, and carefully enter the 11-character IFSC code, PUNB0MBGB06, for the MAUNA branch.
4. Amount and Confirmation: Enter the amount you wish to transfer. The system will usually display the recipient’s bank and branch name for verification. Confirm all details before proceeding.
5. Authorize Transaction: Complete the transaction using your password, PIN, or other authentication methods.

For example, if you want to send money to a family member with an account at the MAUNA branch, you would use their account number and enter PUNB0MBGB06 in the IFSC field during the transfer process.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code readily available offers several advantages:

• Error-Free Transfers: It guarantees that your money reaches the intended branch and account, minimizing the risk of misdirected funds.
• Faster Transactions: NEFT, RTGS, and IMPS transactions rely on IFSC codes for efficient processing, allowing funds to be credited quickly, often within minutes for IMPS and within hours for NEFT.
• Enhanced Security: The unique identification helps prevent fraudulent activities by ensuring funds are routed through authorized banking channels.
• Convenience: It enables seamless digital transactions from anywhere, at any time, reducing the need to visit a physical bank branch for transfers.
• Required for Online Banking: The IFSC code is a mandatory field for almost all online domestic money transfer services.

Contact Information

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

• Branch Phone Number (MAUNA): 9771464375
• Branch Address (MAUNA): MAUNA, Rohtas, 821310, Bihar
• Head Office Address (Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

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

Q2: Is the MICR Code also important for fund transfers?
A2: The MICR (Magnetic Ink Character Recognition) code is primarily used for clearing physical cheques. While it identifies a bank and branch, it is generally not required for NEFT, RTGS, or IMPS digital fund transfers. The IFSC code is sufficient for these online transactions.

Q3: What if I use an old, revoked IFSC code for a transfer?
A3: If you use an old, revoked IFSC code for a digital transfer, the transaction will likely fail. The banking system will not recognize the code as valid, and your funds will not be sent to the recipient. It’s crucial to always use the current and correct IFSC code, such as PUNB0MBGB06 for the MAUNA branch.

Q4: Can I find the IFSC code on my passbook or cheque book?
A4: Yes, the IFSC code is typically printed on the first page of your bank passbook and on individual cheque leaves. It is a reliable place to find the correct code for your specific branch.

Q5: Is Bihar Gramin Bank part of Punjab National Bank?
A5: Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. This means PNB supports its operations, but Bihar Gramin Bank functions as a separate entity catering specifically to rural areas. However, for IFSC coding purposes, it uses the PUNB prefix as its sponsoring bank.