Narkatiaganj, a vibrant town located in the West Champaran district of Bihar, relies heavily on efficient banking services for its residents and businesses. When you need to transfer money digitally, whether to or from Narkatiaganj, understanding the Indian Financial System Code (IFSC) for your bank branch is key. This unique code acts like a digital address, ensuring that your funds reach the correct bank and specific branch without error, vital for transactions like NEFT, RTGS, and IMPS.
Branch Details Table
| Detail | Value |
|---|---|
| Bank Name | Bihar Gramin Bank |
| Branch Name | Narkatiaganj |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100185 |
| Branch Address | Narkatiaganj, WEST CHAMPARAN, 845455, 9297954068 |
| Contact Number | 9297954068 |
| City | WEST CHAMPARAN |
| District | WEST CHAMPARAN |
| Reason | BETTIAH |
| Pincode | 845455 |
| State | Bihar |
Merger Update
Bihar Gramin Bank, including its Narkatiaganj branch, is a result of a significant merger in the regional banking sector. Previously, there were two separate entities: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks merged to form a single, unified entity called Bihar Gramin Bank. This new bank is now sponsored by Punjab National Bank.
Due to this merger, all the older IFSC codes used by UBGB and DBGB branches are no longer valid for any banking transactions. It is crucial to remember that only the new, standardized IFSC code structure is now accepted. For all Bihar Gramin Bank branches, including Narkatiaganj, the valid IFSC code begins with PUNB0MBGB06. Any transaction attempted with an old IFSC code will likely fail, causing delays in your fund transfers.
What is an IFSC Code?
The IFSC Code stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies every bank branch participating in online money transfers in India. This code is essential for ensuring that funds are transferred to the correct destination during digital transactions.
The 11 characters of the IFSC code have a specific structure:
- The first four characters represent the bank’s name. For Bihar Gramin Bank, the code starts with PUNB, indicating its sponsoring bank, Punjab National Bank.
- The fifth character is always a zero (0). This character is reserved for future use by the Reserve Bank of India (RBI).
- The last six characters identify the specific branch. For the Narkatiaganj branch of Bihar Gramin Bank, these characters are MBGB06.
So, the complete IFSC code PUNB0MBGB06 accurately points to the Narkatiaganj branch of Bihar Gramin Bank.
How to Use an IFSC Code
Using the IFSC code is a straightforward process when you are transferring funds online through NEFT, RTGS, or IMPS. Here are the general steps:
- Log In: Access your net banking portal or mobile banking application using your credentials.
- Select Transfer Type: Choose the type of fund transfer you wish to make:
- NEFT (National Electronic Funds Transfer): Processes transactions in batches throughout the day.
- RTGS (Real Time Gross Settlement): Designed for large-value transactions, processed individually in real-time.
- IMPS (Immediate Payment Service): Allows instant, 24/7 fund transfers, even on holidays.
- Add Beneficiary: If you haven’t transferred to this person or entity before, you will need to add them as a new beneficiary.
- Enter Beneficiary Details: Provide the required information for the recipient:
- Beneficiary Name
- Beneficiary Account Number (and confirm it)
- IFSC Code: Enter PUNB0MBGB06 for Bihar Gramin Bank, Narkatiaganj.
- Bank Name (Bihar Gramin Bank)
- Enter Amount: Specify the amount of money you wish to transfer.
- Confirm Transaction: Review all the details carefully to ensure accuracy. Confirm the transaction, often by entering an OTP (One-Time Password) sent to your registered mobile number.
Once confirmed, the funds will be transferred to the beneficiary’s account based on the chosen transfer method.
Benefits of Knowing Your IFSC Code
Understanding and having access to the correct IFSC code offers several important advantages for banking users:
- It ensures the accurate transfer of funds, minimizing the risk of money going to the wrong account or branch.
- It is an absolute requirement for all major online fund transfer methods, including NEFT, RTGS, and IMPS.
- Knowing the IFSC code speeds up digital transactions by providing a precise routing address for the funds.
- It helps to uniquely identify a specific bank branch across the entire Indian banking network.
- It acts as a critical security measure, reducing the chances of fraud and errors in financial transactions.
Contact Section
Should you need to reach out to Bihar Gramin Bank, Narkatiaganj, or its head office, here are the contact details:
- Narkatiaganj Branch Phone Number: 9297954068
- Narkatiaganj Branch Address: Narkatiaganj, WEST CHAMPARAN, 845455
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
FAQs
What is the IFSC code for Bihar Gramin Bank, Narkatiaganj?
The IFSC code for Bihar Gramin Bank, Narkatiaganj branch is PUNB0MBGB06. This code is mandatory for all online fund transfers.
Why did the IFSC code for Bihar Gramin Bank branches change?
The IFSC codes changed due to the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) into a single entity, Bihar Gramin Bank. The new unified IFSC structure reflects the bank’s sponsorship by Punjab National Bank.
Can I still use an old UBGB or DBGB IFSC code for a transaction?
No, you cannot. All old IFSC codes for former UBGB and DBGB branches are no longer valid. You must use the new IFSC code, which starts with PUNB0MBGB06, for any Bihar Gramin Bank transactions.
Is the IFSC code different for NEFT, RTGS, and IMPS transactions?
No, the IFSC code remains the same regardless of whether you are making a NEFT, RTGS, or IMPS transaction. The IFSC code uniquely identifies the bank and branch, while the transfer method determines how quickly and in what manner the funds are processed.
Where can I find the IFSC code for my Bihar Gramin Bank branch?
You can usually find your branch’s IFSC code on your cheque book, bank passbook, or bank statement. It is also available on the official website of Bihar Gramin Bank or the Reserve Bank of India (RBI) website.
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.