Bihar Gramin Bank Mohamadpur IFSC Code

The Bihar Gramin Bank branch in Mohamadpur, located in the Darbhanga district of Bihar, provides essential banking services to the local community. For anyone looking to send or receive money online through this branch, understanding the Indian Financial System Code (IFSC) is crucial. This unique 11-character code acts like a digital address, ensuring that your funds transferred via NEFT, RTGS, or IMPS reach the correct bank branch without any errors or delays.

Branch Details for Bihar Gramin Bank, Mohamadpur

Bank Name	Bihar Gramin Bank
Branch Name	Mohamadpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	Mohamadpur, DARBHANGA, 847306
Contact Number	9297955129
City	DARBHANGA
District	DARBHANGA
Pincode	847306
State	Bihar

Important Merger Information

Bihar Gramin Bank was formed through the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this amalgamation, the bank is now sponsored by Punjab National Bank (PNB). As a result, all old IFSC codes belonging to UBGB and DBGB branches are now invalid and have been discontinued. For all electronic fund transfers to the Mohamadpur branch, you must use the new, consolidated IFSC code: PUNB0MBGB06. Using an old code will lead to transaction failure.

Understanding the IFSC Code

The Indian Financial System Code (IFSC) is an 11-digit alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. It uniquely identifies each branch and directs online transactions accurately. Let’s break down the IFSC code for the Mohamadpur branch, PUNB0MBGB06:

• PUNB: The first four alphabetic characters represent the bank’s name. In this case, ‘PUNB’ stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• 0: The fifth character is always a zero. It is reserved for future use by the RBI.
• MBGB06: The last six characters identify the specific branch. For this branch, it is ‘MBGB06’, which points directly to the Mohamadpur location.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online money transfer is a straightforward process. Whether you are using a mobile banking app or internet banking portal, the steps are generally the same:

1. Add Beneficiary: Log in to your net banking or mobile banking account and navigate to the ‘Fund Transfer’ or ‘Payments’ section. You will need to add a new beneficiary (the person you are sending money to).
2. Enter Details: You will be prompted to enter the beneficiary’s name, account number, and the bank’s IFSC code. For this branch, you would enter PUNB0MBGB06. Double-check all details for accuracy.
3. Select Transfer Type: Choose your preferred method of transfer—NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), or IMPS (Immediate Payment Service).
4. Complete the Transaction: Enter the amount you wish to send and confirm the transaction, usually with a password or One-Time Password (OTP).

Benefits of Using the Correct IFSC Code

• Ensures Accuracy: The primary benefit is that it guarantees your money is sent to the exact intended bank branch, eliminating transfer errors.
• Prevents Delays and Failures: An incorrect IFSC code is one of the most common reasons for transaction failures or reversals. Using the right code ensures a smooth process.
• Enables Automated Processing: The code allows for automated routing of funds through the RBI’s secure network, making transfers fast and efficient without manual intervention.
• Required for All Digital Transfers: It is a mandatory requirement for all major Indian electronic payment systems, including NEFT, RTGS, and IMPS.

Contact and Location Details

For direct assistance, you can contact the branch or the bank’s head office.

Branch Contact
Address: Mohamadpur, DARBHANGA, Bihar – 847306
Phone Number: 9297955129

Head Office Contact
Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
Toll-Free Number: 18001807777

Frequently Asked Questions

1. Can I use this IFSC code for any Bihar Gramin Bank branch?
No, the IFSC code PUNB0MBGB06 is unique to the Mohamadpur branch in Darbhanga. Every branch of Bihar Gramin Bank has its own distinct IFSC code to ensure transactions are routed correctly.

2. Why does the IFSC code for Bihar Gramin Bank start with ‘PUNB’?
It starts with ‘PUNB’ because Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank after the merger of UBGB and DBGB. The IFSC codes are structured under the sponsor bank’s identifier.

3. What will happen if I use an old UBGB or DBGB IFSC code?
The transaction will most likely be rejected. The old codes have been deactivated since the merger. To avoid failure, you must use the new and correct IFSC code, PUNB0MBGB06.

4. Where else can I find my branch’s IFSC code?
You can typically find the IFSC code printed on the cheque leaves of your bank-issued chequebook. It is also mentioned on your bank passbook and can be found through your bank’s official mobile app or website.

5. Is the IFSC code the same as a MICR code?
No, they are different. The IFSC code is used for online fund transfers like NEFT and RTGS. The MICR (Magnetic Ink Character Recognition) code is a 9-digit code used primarily for processing physical cheques more efficiently.