Bihar Gramin Bank Naini IFSC Code

Located in the Saran district of Bihar, the Naini branch of Bihar Gramin Bank serves an important role for its local community. When you need to send or receive money electronically, such as through NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), or IMPS (Immediate Payment Service), a specific code is essential. This code, known as the Indian Financial System Code (IFSC), acts like a unique digital address, making sure your funds reach the correct bank and branch without errors.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Naini
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100582
Branch Address	Naini, SARAN, 841316
Contact Number	9297955193
City	SARAN
District	SARAN
Pincode	841316
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). This merged entity is sponsored by Punjab National Bank (PNB). Due to this merger, the Naini branch, along with all other branches of Bihar Gramin Bank, now operates under a single, unified IFSC code structure, which begins with “PUNB.”

It is important to understand that any old IFSC codes previously used for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are no longer valid for electronic fund transfers. For the Naini branch of Bihar Gramin Bank, the only valid IFSC code to use for transactions is *PUNB0MBGB06*. Using an outdated IFSC code will result in your transaction failing or being rejected.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character alpha-numeric code that uniquely identifies every bank branch participating in online money transfers in India. Think of it as a unique address for each bank branch that makes sure your money goes to the right place.

The structure of the IFSC code for Bihar Gramin Bank Naini (PUNB0MBGB06) can be broken down:

• The first four characters, “PUNB,” represent the bank’s sponsor, Punjab National Bank.
• The fifth character is always “0” (zero). This is kept as a control character for future use.
• The last six characters, “MBGB06,” identify the specific branch. In this case, “MBGB” signifies “Madhya Bihar Gramin Bank” which is historically linked to the merged entity’s structure under PNB, and “06” points to the Naini branch.

How to Use an IFSC Code

When you need to send money using NEFT, RTGS, or IMPS, the IFSC code is a mandatory piece of information. Here’s a general guide on how to use it:

1. Log in to your online banking or mobile banking app: Access your bank’s portal for fund transfers.
2. Select the type of transfer: Choose NEFT, RTGS, or IMPS, depending on your urgency and the amount you want to send.
3. Add a new beneficiary (if not already added): You’ll need to provide details of the person or entity you’re sending money to.
4. Enter beneficiary bank details: This is where you’ll input the beneficiary’s bank name (Bihar Gramin Bank), their branch name (Naini), and the crucial IFSC code (PUNB0MBGB06).
5. Input account number and confirm: Enter the beneficiary’s bank account number twice to ensure accuracy.
6. Enter the transfer amount: Specify how much money you wish to send.
7. Review and confirm: Double-check all details, especially the IFSC code and account number, before approving the transaction.

For cash deposits or withdrawals directly at the branch, an IFSC code is not required. It is strictly for electronic money transfers.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for the recipient’s branch, offers several important advantages:

• Accurate Fund Transfers: It guarantees that your money reaches the intended bank and branch, preventing delays or misdirection of funds.
• Faster Transactions: IFSC codes enable efficient processing of NEFT, RTGS, and IMPS transactions, ensuring quick transfers.
• Nationwide Reach: It facilitates electronic transfers to any bank branch across India that is part of the RBI’s electronic payment network.
• Security: By uniquely identifying each branch, it adds a layer of security and verification to your financial transactions.
• Convenience: It simplifies the process of sending money online, making banking more accessible from anywhere.

Contact Information

• Branch Phone Number (Naini): 9297955193
• Branch Address (Naini): Naini, SARAN, 841316
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

Frequently Asked Questions

Q1: What is the IFSC code for Bihar Gramin Bank, Naini branch?
A1: The IFSC code for Bihar Gramin Bank, Naini branch is PUNB0MBGB06.

Q2: Is Bihar Gramin Bank Naini still part of Uttar Bihar Gramin Bank?
A2: No. Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank merged to form Bihar Gramin Bank. The Naini branch is now part of this merged entity, which is sponsored by Punjab National Bank.

Q3: Can I use an old Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) IFSC code for transfers to Naini branch?
A3: No. All old IFSC codes for UBGB and DBGB branches are revoked. You must use the new, unified IFSC code, PUNB0MBGB06, for all electronic transactions with the Naini branch.

Q4: What types of transactions require an IFSC code?
A4: The IFSC code is necessary for electronic fund transfers such as NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service).

Q5: How can I confirm the correct IFSC code for a branch?
A5: You can confirm the IFSC code by checking your bank passbook, your bank’s official website, your net banking portal, or by contacting the bank’s customer service directly.