Bihar Gramin Bank Mira Musehari IFSC Code

This article focuses on the Bihar Gramin Bank branch located in Mira Musehari, SARAN, Bihar. Understanding the Indian Financial System Code (IFSC) for this specific branch is crucial for various banking transactions. The IFSC code acts as a unique identifier, ensuring that money transfers through systems like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) reach the correct beneficiary account securely and efficiently. Without the correct IFSC, electronic fund transfers cannot be processed.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Mira Musehari
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100591
Branch Address	Mira Musehari, SARAN, 841414, 9297955255
Contact Number	9297955255
City	SARAN
District	SARAN
Reason	CHAPRA
Pincode	841414
State	Bihar

Merger Update

Bihar Gramin Bank was formed from the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these banks are now operating as Bihar Gramin Bank. As part of this merger, all branches of the erstwhile UBGB and DBGB now use a single, unified IFSC code structure. The new IFSC codes are sponsored by Punjab National Bank.

For the Mira Musehari branch of Bihar Gramin Bank, the valid IFSC code is PUNB0MBGB06. It is very important to note that any old IFSC codes previously used for branches under Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank have been revoked. These old codes are no longer valid for any electronic fund transfers. Always use the new, consolidated IFSC code, PUNB0MBGB06, for all your transactions involving the Mira Musehari branch.

What is IFSC Code?

The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code. It identifies every bank branch participating in online financial transactions in India. The structure of the IFSC code provides specific information about the bank and its branch.

Here’s how the IFSC code PUNB0MBGB06 breaks down:

• The first four characters represent the bank’s 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.
• The last six characters identify the specific branch. For the Mira Musehari branch, these characters are “MBGB06”.

This unique code ensures that your funds are directed precisely to the intended branch and account, minimizing errors in electronic transfers.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you are making online fund transfers. Whether you are using NEFT, RTGS, or IMPS, the steps are similar:

1. Log In to Your Net Banking or Mobile Banking App: Access your online banking portal or mobile application.
2. Select Fund Transfer Option: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
3. Add Beneficiary (if new): If you haven’t transferred money to this person before, you will need to add them as a new beneficiary.
4. Enter Beneficiary Details: You will typically need to provide the following information:
   • Beneficiary Name (the name of the account holder).
   • Beneficiary Account Number (the account number where the money needs to go).
   • Confirm Beneficiary Account Number.
   • IFSC Code: Enter PUNB0MBGB06 for the Bihar Gramin Bank, Mira Musehari branch.
5. Enter Amount: Specify the amount of money you wish to transfer.
6. Confirm Transaction: Review all the details carefully before confirming the transfer. An incorrect IFSC code can lead to delays or the transfer going to the wrong account.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for the branch you are sending money to, offers several benefits:

• Secure Fund Transfers: It ensures that your money reaches the correct bank and branch without errors.
• Faster Transactions: Accurate IFSC codes facilitate quick processing of NEFT, RTGS, and IMPS transfers.
• Prevents Fraud: By uniquely identifying each branch, it adds a layer of security to online financial transactions.
• Essential for Digital Banking: It’s a mandatory requirement for initiating any electronic fund transfer from your bank account.
• Easy Bill Payments and Online Shopping: Many online payment gateways and e-commerce sites require IFSC codes for bank-to-bank transfers.

Contact Section

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

• Branch Phone Number: 9297955255
• Branch Address: Mira Musehari, SARAN, 841414, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Q1: What does PUNB0MBGB06 mean?
A1: PUNB0MBGB06 is the Indian Financial System Code (IFSC) for the Bihar Gramin Bank’s Mira Musehari branch. “PUNB” indicates Punjab National Bank (the sponsor bank), “0” is a reserved character, and “MBGB06” specifically identifies the Mira Musehari branch.

Q2: Is PUNB0MBGB06 valid for all Bihar Gramin Bank branches?
A2: No, this specific IFSC code is only valid for the Mira Musehari branch of Bihar Gramin Bank. Each branch of Bihar Gramin Bank will have its own unique IFSC code.

Q3: Can I use an old Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) IFSC code for transactions?
A3: No, after the merger that formed Bihar Gramin Bank, all old UBGB and DBGB IFSC codes have been revoked. You must use the new, consolidated IFSC codes like PUNB0MBGB06 for any electronic fund transfers.

Q4: What happens if I enter an incorrect IFSC code during a transaction?
A4: If you enter an incorrect IFSC code, your transaction might be rejected, or it could be routed to a wrong branch or account. Always double-check the IFSC code before confirming any fund transfer to avoid delays or loss of funds.

Q5: Is the MICR Code also important for transfers?
A5: While the IFSC code is crucial for online fund transfers (NEFT, RTGS, IMPS), the Magnetic Ink Character Recognition (MICR) code (800811002 for Mira Musehari) is primarily used for processing physical cheques. It helps in faster and accurate processing of cheques by identifying the bank and branch.