Bihar Gramin Bank Mehush IFSC Code

When you need to send or receive money, understanding bank codes is essential. For the Bihar Gramin Bank branch located in Mehush, Sheikhpura, knowing the Indian Financial System Code (IFSC) is crucial for smooth and secure online fund transfers. This code makes sure your money goes to the right bank and branch when you use services like NEFT, RTGS, or IMPS. It acts like a unique address for bank branches within India’s financial system.

Branch Details

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

Bank Name	Bihar Gramin Bank
Branch Name	Mehush
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3303
Branch Address	Mehush, Sheikhpura, 811109, 8102918592
Contact Number	8102918592
City	Sheikhpura
District	Sheikhpura
Reason	NAWADA
Pincode	811109
State	Bihar

Merger Update

For branches like Bihar Gramin Bank, it’s important to understand recent structural changes in regional rural banking. Previously, banks such as Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) operated with their own distinct IFSC codes. However, these banks have merged and now operate under the sponsorship of Punjab National Bank.

This means that any old IFSC codes associated with UBGB or DBGB are no longer valid for transactions. The consolidated entity, including branches like Bihar Gramin Bank Mehush, now uses a unified IFSC code structure. The current valid IFSC code for this branch is PUNB0MBGB06. It is crucial to use only this new code for all your online fund transfers to ensure they are processed correctly.

What is an IFSC Code?

An IFSC code, or Indian Financial System Code, is an 11-character alpha-numeric code. It’s used to identify every bank branch participating in online money transfers in India. The Reserve Bank of India (RBI) assigns these codes. Let’s break down its structure using our example, PUNB0MBGB06:

• The first four characters represent the bank name. In this case, PUNB stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish the bank code from the branch code.
• The last six characters uniquely identify the specific bank branch. Here, MBGB06 points to the Mehush branch of Bihar Gramin Bank.

Each branch has its own unique IFSC code. This ensures that money sent through NEFT, RTGS, or IMPS reaches the exact intended branch and account.

How to Use an IFSC Code

You’ll need the IFSC code when you’re setting up a fund transfer online. Here’s a general guide for different types of transactions:

For NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement)

These methods are for sending money from one bank account to another across different banks in India. The process usually involves these steps:

1. Log in to your bank’s online banking portal or mobile app.
2. Select the “Fund Transfer” or “Payments” option.
3. Choose “NEFT” or “RTGS” as your transfer method.
4. Add a new beneficiary (the person you want to send money to). You will need:
   • Beneficiary’s Name
   • Beneficiary’s Account Number (confirm this twice)
   • Beneficiary’s Bank Name (e.g., Bihar Gramin Bank)
   • Beneficiary’s Branch Name (e.g., Mehush)
   • The IFSC Code (PUNB0MBGB06)
5. After adding the beneficiary, you can proceed to transfer the desired amount.

For IMPS (Immediate Payment Service)

IMPS allows instant money transfers 24/7. It’s typically used for smaller, urgent transfers.

1. Log in to your mobile banking app or internet banking portal.
2. Select the “IMPS” option.
3. You might have options like “Account Number + IFSC” or “Mobile Number + MMID.” Choose the “Account Number + IFSC” method.
4. Enter the beneficiary’s account number and the IFSC Code (PUNB0MBGB06).
5. Enter the amount you wish to transfer and confirm the transaction.

Always double-check the IFSC code and account number before confirming any transaction to avoid errors.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch is more than just a requirement; it offers several practical benefits:

• Accurate Fund Transfers: It ensures your money reaches the exact bank branch and account number you intend, preventing misdirected funds.
• Faster Processing: Correct IFSC codes help systems process NEFT, RTGS, and IMPS transactions quickly and efficiently.
• Security: By identifying the specific branch, it adds a layer of security, reducing the risk of fraud in electronic transfers.
• Required for Online Banking: It’s a mandatory piece of information for setting up beneficiaries and performing online transfers through internet or mobile banking.
• Easy Identification: It uniquely identifies every bank branch in India, making it simple for the financial system to route transactions.

Contact Information

If you need to get in touch with the Bihar Gramin Bank Mehush branch or the head office, here are the details:

• Branch Phone Number: 8102918592
• Branch Address: Mehush, Sheikhpura, 811109
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Punjab National Bank): 18001807777

Frequently Asked Questions (FAQs)

Q1: Can the IFSC code for Bihar Gramin Bank Mehush branch change?
A1: Yes, an IFSC code can change, especially due to bank mergers, acquisitions, or significant structural changes. As seen with the merger update, such events can lead to new codes being issued. It’s always best to verify the latest IFSC code, especially if you haven’t transferred funds to a particular account in a long time.

Q2: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A2: No, each individual branch of Bihar Gramin Bank (and generally, any bank) has its own unique IFSC code. While the first few characters (PUNB0) might be consistent for branches under Punjab National Bank’s sponsorship, the last six characters will always be different to identify that specific branch.

Q3: What happens if I use a wrong IFSC code during a transaction?
A3: If you use an incorrect IFSC code, your transaction will likely fail. The banking system will detect that the code does not match the beneficiary’s bank and branch details. The money will usually be returned to your account within a few hours or days. However, using a wrong IFSC combined with a correct but unintended account number could lead to funds being transferred to the wrong recipient, which is much harder to recover.

Q4: Where can I find the correct IFSC code?
A4: You can find the correct IFSC code on your bank’s chequebook, passbook, or account statements. Most bank websites and mobile apps also provide an IFSC search tool. For Bihar Gramin Bank Mehush, the code is PUNB0MBGB06, as provided.

Q5: Is MICR code also necessary for online transfers?
A5: No, the MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. For online fund transfers like NEFT, RTGS, and IMPS, only the IFSC code is required along with the beneficiary’s account details.