Bihar Gramin Bank Narendrapur IFSC Code

Narendrapur, a vibrant locality within the Siwan district of Bihar, is home to a branch of Bihar Gramin Bank. When you need to send or receive money electronically, whether through NEFT, RTGS, or IMPS, having the correct Indian Financial System Code (IFSC) is absolutely essential. This unique 11-character code acts like a digital address, ensuring your funds reach the right bank and branch without any delays or errors.

Branch Details for Narendrapur

Here are the key details for the Bihar Gramin Bank branch located in Narendrapur:

Bank Name	Bihar Gramin Bank
Branch Name	Narendrapur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108120
Branch Address	Narendrapur, SIWAN, 841246
Contact Number	9297954485
City	SIWAN
District	SIWAN
Pincode	841246
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank, which serves the financial needs of many in the region, was formed from the merger of two important regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these merged entities now operate as Bihar Gramin Bank. It’s crucial to understand that all branches of Bihar Gramin Bank, including the Narendrapur branch, now use a single, standardized IFSC code under the sponsorship of Punjab National Bank. The specific IFSC code is PUNB0MBGB06. If you previously used an IFSC code associated with UBGB, please note that those old codes have been revoked and are no longer valid for any financial transactions. Always use PUNB0MBGB06 to ensure your transfers go through successfully.

What is an IFSC Code?

The IFSC code is an 11-character alphanumeric code, a vital identifier for every bank branch in India participating in online fund transfers. It helps streamline the process and ensures accuracy. Here’s how it breaks down:

• The first four characters identify the bank. For Bihar Gramin Bank, under the Punjab National Bank sponsorship, this is ‘PUNB’.
• The fifth character is always ‘0’ (zero). This character is reserved for future use and remains constant for all IFSC codes.
• The last six characters uniquely identify the specific bank branch. For the Narendrapur branch, these are ‘MBGB06’.

So, when you see PUNB0MBGB06, you immediately know it’s a Punjab National Bank-sponsored entity, with ‘MBGB06’ pointing directly to the Narendrapur branch of Bihar Gramin Bank.

How to Use the IFSC Code

Using the IFSC code correctly is key for smooth online transactions. Here’s how you typically use it for different types of fund transfers:

1. For NEFT (National Electronic Funds Transfer): This system processes transactions in batches. When you set up a beneficiary, you’ll need their bank account number, the account holder’s name, and the correct IFSC code. The funds are usually credited within a few hours.
2. For RTGS (Real Time Gross Settlement): RTGS is designed for large-value transactions, typically ₹2 lakh and above. Each transaction is processed individually and immediately. Similar to NEFT, you’ll need the beneficiary’s account details and the precise IFSC code to initiate the transfer.
3. For IMPS (Immediate Payment Service): IMPS allows for instant, 24/7 fund transfers, even on holidays. You can use a mobile number and MMID, or simply the beneficiary’s bank account number and IFSC code. This is often preferred for quick, smaller transfers.

In all these cases, after logging into your bank’s online banking portal or mobile app, you’ll navigate to the fund transfer section, add a new beneficiary, and input these details carefully.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank and for beneficiaries offers several important benefits:

• Ensures Accuracy: It directs your money to the exact branch, preventing misdirected funds.
• Speeds Up Transfers: Accurate details, including the IFSC, mean faster processing of NEFT, RTGS, and IMPS transactions.
• Prevents Errors: Using the right code reduces the chances of transaction failures or returns, saving you time and effort.
• Facilitates Online Banking: It’s a fundamental requirement for setting up beneficiaries and executing all types of electronic fund transfers through internet banking or mobile apps.

Contact Information

For direct communication or to visit the Narendrapur branch or the head office, here are the contact details:

• Branch Phone Number (Narendrapur): 9297954485
• Branch Address (Narendrapur): Narendrapur, SIWAN, 841246, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Bihar Gramin Bank): 18001807777

Frequently Asked Questions (FAQs)

Here are answers to some common questions about Bihar Gramin Bank and its IFSC code:

What is the full name of the bank associated with PUNB0MBGB06?

The IFSC code PUNB0MBGB06 belongs to Bihar Gramin Bank, which is sponsored by Punjab National Bank.

Is the old UBGB IFSC code still valid for transfers?

No, all old Uttar Bihar Gramin Bank (UBGB) IFSC codes have been revoked after the merger. You must now use PUNB0MBGB06 for all transactions with Bihar Gramin Bank branches, including Narendrapur.

Can I use this IFSC code for both NEFT and RTGS?

Yes, PUNB0MBGB06 is valid for all electronic fund transfers, including NEFT, RTGS, and IMPS, ensuring your money reaches the Narendrapur branch.

What should I do if my transaction fails due to an incorrect IFSC code?

If a transaction fails, first double-check the IFSC code and the beneficiary’s account number. If everything appears correct, contact your bank’s customer service or the Bihar Gramin Bank Narendrapur branch directly for assistance.

Where can I find the IFSC code for other Bihar Gramin Bank branches?

You can typically find the IFSC code on your bank’s passbook, chequebook, or by visiting the bank’s official website. You can also contact the bank’s customer service for assistance.