Bihar Gramin Bank NATHMALPUR IFSC Code

The Nathmalpur branch of Bihar Gramin Bank is located in the Bhojpur district of Bihar. For anyone looking to send or receive money online through this branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code is mandatory for all major electronic fund transfers in India, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC code ensures that your money is routed correctly and reaches the intended bank branch without any errors.

Branch Details for Bihar Gramin Bank, Nathmalpur

Important Merger Update

Bihar Gramin Bank was formed through the merger of two other regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this amalgamation, the bank is now sponsored by Punjab National Bank (PNB). As a result, all old IFSC codes belonging to the former UBGB and DBGB have been discontinued. Any transaction attempted with an old IFSC code will fail. All customers must now use the new IFSC codes, which start with ‘PUNB’, for all online transactions. The correct and valid code for the Nathmalpur branch is PUNB0MBGB06.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the electronic funds transfer system. The code has a specific structure that helps route transactions accurately.

Let’s break down the IFSC code for the Nathmalpur branch, PUNB0MBGB06:

• PUNB: The first four characters represent the name of the bank. In this case, it signifies Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• 0: The fifth character is always a zero. It is reserved for future use by the RBI.
• MBGB06: The last six characters identify the specific branch. This part of the code is unique to the Nathmalpur branch.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online money transfer is a straightforward process. Whether you are using NEFT, RTGS, or IMPS, the steps are generally the same across all banking platforms.

1. Log into your net banking account or mobile banking application.
2. Navigate to the ‘Fund Transfer’ or ‘Payments’ section.
3. Choose the option to add a new beneficiary or payee.
4. Enter the beneficiary’s details: their name, account number, and bank name.
5. In the IFSC code field, carefully enter PUNB0MBGB06. Double-check each character for accuracy.
6. Once the beneficiary is added, you can initiate the transfer by entering the amount and confirming the transaction.

Always verify the IFSC code before making a transfer, as an incorrect code can lead to transaction failure or funds being sent to the wrong account.

Benefits of Using the Correct IFSC Code

• Accuracy: It ensures that your money is deposited into the correct bank and branch, eliminating guesswork and reducing errors.
• Speed: A valid IFSC code allows automated systems to process your transaction quickly without manual intervention.
• Security: It adds a layer of verification, making electronic fund transfers more secure and reliable.
• Requirement: It is a mandatory requirement for all major online payment methods, including NEFT, RTGS, and IMPS.

Contact Information

For any queries or assistance, you can contact the branch directly or reach out to the head office.

• Branch Contact Number: 9771464061
• Branch Address: Nathmalpur, Bhojpur, Bihar – 802316
• Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
• Toll-Free Number: 1800-180-7777

Frequently Asked Questions (FAQs)

1. What happens if I use an old Uttar Bihar Gramin Bank (UBGB) IFSC code?

Your transaction will be rejected. The old IFSC codes for UBGB and DBGB are no longer valid after the merger. You must use the new code, PUNB0MBGB06, for the Nathmalpur branch.

2. Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?

It starts with ‘PUNB’ because Punjab National Bank is the sponsor bank for Bihar Gramin Bank. All new IFSC codes for the merged entity reflect this sponsorship.

3. Is the IFSC code the same for all Bihar Gramin Bank branches?

No. While the first four characters (‘PUNB’) are common, the last six characters are unique to each branch. For example, the Nathmalpur branch code is MBGB06, but another branch will have a different six-character code.

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

Yes, PUNB0MBGB06 is the single code used for all electronic transfers to this branch, including NEFT, RTGS, and IMPS.

5. Where can I find the official IFSC code for my branch?

You can find the IFSC code printed on your bank-issued chequebook and passbook. It is also available on the official website of Bihar Gramin Bank or by contacting the branch directly.

Kriti Kumari

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.