Bihar Gramin Bank Narayanpur Bedaulia IFSC Code

The Bihar Gramin Bank branch at Narayanpur Bedaulia is a key financial touchpoint for residents in this part of VAISHALI, Bihar. When you need to transfer money electronically, such as through NEFT, RTGS, or IMPS, you will need a special code. This code is called the Indian Financial System Code, or IFSC. It acts like a unique digital address for each bank branch, ensuring your funds go to the correct destination quickly and safely.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Narayanpur Bedaulia
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108128
Branch Address	Narayanpur Bedaulia, VAISHALI, 844118
Contact Number	9297955061
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	844118
State	Bihar

Merger Update

Previously, there were two distinct regional rural banks in Bihar: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged to form a single entity, now known as Bihar Gramin Bank. Following this merger, all branches of the new Bihar Gramin Bank, including Narayanpur Bedaulia, now operate under a unified IFSC code: PUNB0MBGB06. This code is sponsored by Punjab National Bank.

It is very important to note that any old IFSC codes previously used by Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid. For any financial transactions, you must use only the new IFSC code, PUNB0MBGB06, to ensure your payments are processed correctly. Using an outdated code will cause your transaction to fail.

What is an IFSC Code?

The IFSC Code is an 11-character alphanumeric 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. This code is crucial for processing electronic fund transfers like NEFT, RTGS, and IMPS.

The structure of the IFSC code is specific:

• The first four characters are alphabetic and represent the bank’s name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsor bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps differentiate the bank code from the branch code.
• The last six characters are alphanumeric and identify the specific bank branch. For the Narayanpur Bedaulia branch, these are “MBGB06”.

How to Use IFSC Code

Using the IFSC code is straightforward when you’re making an online money transfer. Here’s how it generally works for NEFT, RTGS, and IMPS:

1. Log In to Your Net Banking or Mobile Banking App: Access your bank account online or through your smartphone application.
2. Select Fund Transfer Option: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
3. Add a New Beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary.
4. Enter Beneficiary Details: You will be prompted to enter the recipient’s information. This usually includes:
   • Beneficiary’s Name
   • Beneficiary’s Account Number (you’ll often need to enter it twice to confirm)
   • Beneficiary’s Bank Name (e.g., Bihar Gramin Bank)
   • Beneficiary’s Branch Name (e.g., Narayanpur Bedaulia)
   • The IFSC Code (PUNB0MBGB06 in this case)
5. Confirm and Transact: After adding the beneficiary and their IFSC code, you can initiate the transfer by entering the amount and confirming the details. The system uses the IFSC code to route your money to the correct branch and account.

Benefits

Knowing the correct IFSC code for a bank branch offers several key advantages:

• Enables Electronic Transfers: It is essential for making NEFT, RTGS, and IMPS transactions, allowing for quick and secure money movement.
• Accuracy of Transfers: The unique nature of the IFSC code ensures that funds are credited to the intended recipient’s bank account, reducing errors.
• Time-Saving: Electronic transfers using IFSC are much faster than traditional methods like cheques or demand drafts.
• Convenience: You can perform transactions from anywhere, at any time, using online banking platforms.
• Security: IFSC codes are part of a regulated system designed for secure financial transactions, minimizing fraud risks.

Contact

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

• Branch Phone Number: 9297955061
• Branch Address: Narayanpur Bedaulia, VAISHALI, 844118
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some frequently asked questions about the Bihar Gramin Bank Narayanpur Bedaulia IFSC code:

Q1: Is PUNB0MBGB06 the correct IFSC code for all Bihar Gramin Bank branches?
A1: No, PUNB0MBGB06 is the specific IFSC code for the Narayanpur Bedaulia branch of Bihar Gramin Bank. Each branch typically has its own unique IFSC code, even if the first few characters (like PUNB) remain the same for the bank group.

Q2: What happens if I use an old Uttar Bihar Gramin Bank (UBGB) IFSC code by mistake?
A2: If you use an old UBGB IFSC code, your transaction will likely fail. The system will not recognize the old code as valid for Bihar Gramin Bank, and the funds will not be transferred. It’s crucial to always use the current code, PUNB0MBGB06, for the Narayanpur Bedaulia branch.

Q3: Can I find the IFSC code on my bank passbook or chequebook?
A3: Yes, the IFSC code is usually printed on your bank passbook. It is also found on the top left corner of a cheque leaf in your chequebook. You can also verify it through the bank’s official website or by contacting the branch directly.

Q4: Is the MICR code also important for online transfers?
A4: The MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. While it’s part of the branch details, it is not required for electronic fund transfers like NEFT, RTGS, or IMPS. For online transfers, the IFSC code is the essential identifier.

Q5: Who is the sponsor bank for Bihar Gramin Bank?
A5: Bihar Gramin Bank is sponsored by Punjab National Bank. This means Punjab National Bank provides support and oversight for Bihar Gramin Bank’s operations, which is why the IFSC code starts with “PUNB”.