Bihar Gramin Bank Naurangia IFSC Code

The Bihar Gramin Bank branch located in Naurangia, a key area in West Champaran, Bihar, serves the local community’s banking needs. For anyone looking to transfer money electronically, understanding the Indian Financial System Code, or IFSC, for this specific branch is crucial. The IFSC acts as a unique identifier for bank branches involved in online money transfers like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). It ensures that your funds reach the correct recipient’s account swiftly and securely.

Branch Details

Detail	Information
Bank Name	Bihar Gramin Bank
Branch Name	Naurangia
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100303
Branch Address	Naurangia, WEST CHAMPARAN, 845105
Contact Number	9297954070
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Reason	BETTIAH
Pincode	845105
State	Bihar

Merger Update

The financial landscape in Bihar has seen some significant changes over the years, particularly for Regional Rural Banks (RRBs). The Bihar Gramin Bank, under which the Naurangia branch historically operated, has undergone a merger. It is now part of the Madhya Bihar Gramin Bank, which is sponsored by Punjab National Bank (PNB).

This merger means that the Naurangia branch, along with others previously under Bihar Gramin Bank, now uses a unified IFSC code structure. The code PUNB0MBGB06 specifically identifies the Naurangia branch under the new setup. It is important to note that any old IFSC codes that were previously associated with Bihar Gramin Bank for this branch are no longer valid. For all electronic fund transfers – NEFT, RTGS, or IMPS – you must use PUNB0MBGB06 to ensure your transactions are processed correctly.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online fund transfers. Think of it as a specific digital address for a bank branch.

The structure of an IFSC code is standard across all banks:

• The first four characters represent the bank name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank for Madhya Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish the bank code from the branch code.
• The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” identifies the Naurangia branch of Madhya Bihar Gramin Bank.

This structured format makes it easy to identify both the bank and the exact branch for any transaction.

How to Use an IFSC Code

Using an IFSC code is straightforward when you need to send or receive money electronically. Here’s how it works for common online transfer methods:

• NEFT (National Electronic Funds Transfer): This system processes fund transfers in batches. When initiating a NEFT transaction through your bank’s online portal or mobile app, you will need to provide the beneficiary’s name, account number, and the correct IFSC code (PUNB0MBGB06 for Naurangia branch).
• RTGS (Real Time Gross Settlement): RTGS is used for large-value transactions and processes transfers individually in real-time. Similar to NEFT, you will enter the beneficiary’s details, including their account number and the IFSC code (PUNB0MBGB06).
• IMPS (Immediate Payment Service): IMPS offers instant, 24/7 fund transfers, even on holidays. For IMPS, you’ll provide the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their account number and IFSC code (PUNB0MBGB06).

Always double-check the IFSC code and the beneficiary’s account details before confirming any transaction. An incorrect IFSC code can lead to delays or, in some cases, funds being sent to the wrong account.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank branch, or for any branch you need to send money to, offers several important benefits:

• Ensures Accuracy: It directs funds to the exact bank branch, minimizing errors in transactions.
• Facilitates Online Transfers: It is a mandatory requirement for all NEFT, RTGS, and IMPS transactions, allowing for quick digital money movement.
• Enhances Security: The unique code helps to secure the transaction by verifying the branch identity.
• Speeds Up Transfers: By accurately identifying the destination branch, it helps ensure that funds are credited to the beneficiary’s account without unnecessary delays.
• Prevents Fraud: Using the correct, verified IFSC code reduces the risk of fraudulent transfers to incorrect or suspicious accounts.

Contact Information

For direct queries or assistance related to the Naurangia branch or Madhya Bihar Gramin Bank, you can use the following contact details:

• Branch Phone Number (Naurangia): 9297954070
• Branch Address (Naurangia): Naurangia, WEST CHAMPARAN, 845105
• Head Office Address (Madhya Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Madhya Bihar Gramin Bank): 18001807777

Frequently Asked Questions

Q1: What is the IFSC code for Bihar Gramin Bank Naurangia branch?

A1: The IFSC code for the Naurangia branch, now under Madhya Bihar Gramin Bank, is PUNB0MBGB06.

Q2: Can I still use an old IFSC code for Bihar Gramin Bank?

A2: No. Due to the merger, all old IFSC codes for the previous Bihar Gramin Bank entities are revoked. You must use the new code, PUNB0MBGB06, for all electronic transactions to the Naurangia branch.

Q3: Why did the IFSC code change for Bihar Gramin Bank?

A3: The IFSC code changed because Bihar Gramin Bank merged into Madhya Bihar Gramin Bank. This new entity is sponsored by Punjab National Bank, leading to a new, unified IFSC code structure for its branches.

Q4: What happens if I use the wrong IFSC code for a transfer?

A4: Using an incorrect IFSC code can cause your transaction to fail or be delayed. In some cases, if the account number matches another branch associated with that incorrect IFSC, funds might be transferred to the wrong recipient. Always verify the code carefully.

Q5: Where can I find the IFSC code for my bank or another branch?

A5: You can usually find the IFSC code on your bank’s cheque book, passbook, or statement. It is also available on the bank’s official website, through their customer service, or by using reliable online IFSC code lookup tools.