The MURLIDWARI branch of Bihar Gramin Bank is located in the Nawada district of Bihar. When you need to transfer money digitally, such as through National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS), the Indian Financial System Code (IFSC) is essential. This unique code identifies each bank branch involved in these transactions, ensuring your funds reach the correct recipient quickly and securely.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | MURLIDWARI |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7418 |
| Branch Address | MURLIDWARI, Nawada, 824232, 9771464418 |
| Contact Number | 9771464418 |
| City | Nawada |
| District | Nawada |
| Reason | NAWADA |
| Pincode | 824232 |
| State | Bihar |
Merger Update
For those familiar with regional rural banks in Bihar, it’s important to note a significant change. Previously, there were Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have merged to form a single entity: Bihar Gramin Bank. This new bank operates under the sponsorship of Punjab National Bank (PNB).
Because of this merger and the new sponsorship, all branches of Bihar Gramin Bank now use IFSC codes that begin with “PUNB0”. The IFSC code for the MURLIDWARI branch is PUNB0MBGB06. It is crucial to understand that any old IFSC codes starting with “UBGB” or “DBGB” are no longer valid for transactions. Always use the current and correct IFSC code, PUNB0MBGB06, for all your digital fund transfers to and from this branch.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code. It’s designed to uniquely identify every bank branch in India participating in online money transfers.
The structure of an IFSC code is specific:
- The first four characters represent the bank’s name. In the case of PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
- The fifth character is always a ‘0’ (zero). This character is reserved for future use and acts as a control digit.
- The last six characters identify the specific branch. For MURLIDWARI, these are “MBGB06”.
This unique combination ensures that your funds are directed to the precise bank and branch you intend, preventing errors in transactions.
How to Use an IFSC Code
Using the IFSC code is a straightforward process when you are making online fund transfers. Here’s how it typically works for NEFT, RTGS, and IMPS:
- Log in to your Net Banking or Mobile Banking App: Access your bank’s online platform.
- Select Fund Transfer Option: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
- Add Beneficiary: If you are sending money to someone for the first time, you will need to add them as a beneficiary. This usually involves providing their name, account number, and the crucial IFSC code of their bank branch. For the MURLIDWARI branch, this would be PUNB0MBGB06.
- Enter Transfer Details: Once the beneficiary is added (or if they are already saved), you will enter the amount you wish to send.
- Confirm Transaction: Review all the details, including the beneficiary’s name, account number, and IFSC code, before confirming the transfer. An incorrect IFSC code will lead to transaction failure or, in rare cases, funds being sent to a wrong account if the account number matches another branch.
Always double-check the IFSC code and account number to ensure a smooth and successful transaction.
Benefits of Knowing Your IFSC Code
Knowing the correct IFSC code for your bank branch, or for someone you’re sending money to, offers several important benefits:
- Enables Digital Transfers: It is mandatory for all NEFT, RTGS, and IMPS transactions, allowing you to send and receive money electronically.
- Ensures Accuracy: The unique code helps prevent errors by directing funds to the specific branch, reducing the chances of money going to the wrong account.
- Speeds Up Transactions: With the correct IFSC, transactions are processed quickly, often within minutes for IMPS, and within a few hours for NEFT and RTGS during banking hours.
- Enhances Security: The system relies on accurate IFSC codes to maintain the integrity and security of the banking network.
- Simplifies Bill Payments: Many online bill payment systems require an IFSC code for direct bank transfers.
Contact Information
For inquiries related to the MURLIDWARI branch or Bihar Gramin Bank, you can use the following contact details:
- Branch Phone Number (MURLIDWARI): 9771464418
- Branch Address (MURLIDWARI): MURLIDWARI, Nawada, 824232
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number (Bihar Gramin Bank): 18001807777
FAQs
Here are some frequently asked questions about the Bihar Gramin Bank MURLIDWARI branch and its IFSC code:
Q1: Is Bihar Gramin Bank a government bank?
A1: Bihar Gramin Bank is a Regional Rural Bank (RRB). These banks are jointly owned by the Government of India, the state government, and a sponsor bank. In this case, Punjab National Bank is the sponsor bank.
Q2: Can I use the old IFSC code for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) to transfer money to the MURLIDWARI branch?
A2: No, you cannot. Following the merger, all old IFSC codes for UBGB and DBGB branches are invalid. You must use the new IFSC code, PUNB0MBGB06, for the MURLIDWARI branch of Bihar Gramin Bank.
Q3: What should I do if my online transfer fails due to an incorrect IFSC code?
A3: If your transfer fails because of an incorrect IFSC code, the funds are usually reverted to your account within a few hours or up to two working days. Always double-check the IFSC code before initiating a transaction to avoid such issues.
Q4: Is the MURLIDWARI branch able to handle all types of bank transactions?
A4: Yes, as a fully functional branch of Bihar Gramin Bank, the MURLIDWARI branch provides a range of banking services, including account opening, deposits, withdrawals, loan facilities, and facilitating digital transfers using its IFSC and MICR codes.
Q5: Where can I find the MICR code for the MURLIDWARI branch?
A5: The MICR code for the MURLIDWARI branch is 800811002. You can usually find this on your cheque book or by contacting the branch directly.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.