Bihar Gramin Bank NISCHALGANJ IFSC Code

In the heart of Bihar, specifically in NISCHALGANJ, Nalanda, people rely on banking services for their financial needs. For anyone sending or receiving money electronically, understanding the Indian Financial System Code, or IFSC code, is essential. This unique code acts like a digital address for bank branches. It makes sure that money transferred through systems like NEFT, RTGS, and IMPS reaches the correct bank and branch without any errors. Knowing the right IFSC code ensures your transactions are smooth and secure.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	NISCHALGANJ
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7182
Branch Address	NISCHALGANJ, Nalanda, 801301, 9771464182
Contact Number	9771464182
City	Nalanda
District	Nalanda
Region	BIHARSHARIF
Pincode	801301
State	Bihar

Merger Update

Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These banks now operate under a single, unified structure. Punjab National Bank sponsors Bihar Gramin Bank. All branches of the former UBGB and DBGB now use a standardized IFSC code. For any Bihar Gramin Bank branch, including NISCHALGANJ, the valid IFSC code is PUNB0MBGB06. It is very important to note that any old IFSC codes previously used for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid for transactions. You must only use the new code, PUNB0MBGB06, for all electronic fund transfers.

What is an IFSC Code?

An IFSC code is an 11-character alpha-numeric code. It is given to every bank branch in India by the Reserve Bank of India (RBI). This code helps identify each bank branch uniquely for electronic transactions.

Here is how the IFSC code is structured:

• The first four characters identify the bank. For example, in PUNB0MBGB06, ‘PUNB’ stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is kept as a control measure and for future use.
• The last six characters identify the specific branch. For the NISCHALGANJ branch, these last six characters (MBGB06) are unique to its location within Bihar Gramin Bank.

How to Use an IFSC Code

The IFSC code is crucial for electronic fund transfers. This includes National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Here are the steps to use it:

1. Log in: Access your bank’s online banking portal or mobile application.
2. Choose Transfer Type: Select the type of fund transfer you want to make – NEFT, RTGS, or IMPS.
3. Add Beneficiary: If you are sending money to someone for the first time, you will need to add them as a new beneficiary. You will need their name, account number, and the specific IFSC code of their bank branch.
4. Enter Details: Provide the recipient’s bank name (Bihar Gramin Bank), their account number, the account type (e.g., Savings, Current), and the IFSC code (PUNB0MBGB06 for NISCHALGANJ branch).
5. Enter Amount: Specify the amount of money you wish to send.
6. Confirm and Transact: Review all the entered details carefully. Once confirmed, proceed with the transaction.

For example, if you are sending money to a friend with an account at the Bihar Gramin Bank NISCHALGANJ branch, you would use PUNB0MBGB06 along with their account number. NEFT usually processes transactions in batches, RTGS is for larger, immediate transfers (typically ₹2 lakh and above), and IMPS offers instant transfers 24/7, even on holidays.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch is highly beneficial for several reasons:

• Accurate Fund Transfers: It ensures that your money reaches the correct recipient’s bank branch without errors.
• Faster Transactions: An accurate IFSC code speeds up the processing of NEFT, RTGS, and IMPS transactions.
• Avoids Delays: Using the correct code helps prevent transaction failures or delays that can happen with incorrect details.
• Mandatory for Online Banking: It is a required field for setting up online fund transfers to other banks.
• Security: It adds an extra layer of security by uniquely identifying the destination branch.

Contact Section

To get in touch with the Bihar Gramin Bank NISCHALGANJ branch or its head office, here are the contact details:

• Branch Phone Number: 9771464182
• Branch Address: NISCHALGANJ, Nalanda, 801301, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Q1: Is the IFSC code PUNB0MBGB06 valid for all Bihar Gramin Bank branches?
A: Yes, PUNB0MBGB06 is the unified IFSC code used for all Bihar Gramin Bank branches following the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank. This code applies across all its branches, including NISCHALGANJ.

Q2: What is the MICR Code for the NISCHALGANJ branch?
A: The MICR (Magnetic Ink Character Recognition) code for the Bihar Gramin Bank NISCHALGANJ branch is 800811002. This code is found on cheque leaves and is used for processing cheques.

Q3: Do I need the IFSC code for cash deposits at the bank branch?
A: Generally, you do not need an IFSC code for making a cash deposit directly at your bank’s branch. The IFSC code is primarily for electronic fund transfers between different banks or branches.

Q4: What happens if I use an old IFSC code for UBGB or DBGB?
A: If you try to use an old IFSC code for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), your transaction will likely fail. This is because those codes are no longer valid. You must use the current PUNB0MBGB06 for Bihar Gramin Bank.

Q5: Can I find the IFSC code on my passbook or cheque book?
A: Yes, the IFSC code is usually printed on your bank passbook and on the top left corner of your cheque leaves. You can also find it on the bank’s official website or through online banking portals.