Bihar Gramin Bank Patahi IFSC Code

In the heart of Patahi, a vibrant area within East Champaran district in Bihar, lies a branch of Bihar Gramin Bank. For anyone looking to send or receive money through modern banking channels like NEFT, RTGS, or IMPS, knowing the correct Indian Financial System Code (IFSC) for this branch is essential. This unique code ensures your funds reach the right bank and the right branch quickly and securely, making online and electronic transactions smooth and error-free.

Branch Details

Here are the key details for the Bihar Gramin Bank Patahi branch:

Bank Name	Bihar Gramin Bank
Branch Name	Patahi
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100192
Branch Address	Patahi, EAST CHAMPARAN, 845457, 9297954680
Contact Number	9297954680
City	EAST CHAMPARAN
District	EAST CHAMPARAN
Reason	MOTIHARI
Pincode	845457
State	Bihar

Merger Update for Bihar Gramin Bank

If you previously had an account with Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it’s important to be aware of a significant change. Both of these regional rural banks have merged to form the new Bihar Gramin Bank. This unified bank now operates under the sponsorship of Punjab National Bank.

As a result of this merger, all transactions for Bihar Gramin Bank, including the Patahi branch, now use a single, unified IFSC code: PUNB0MBGB06. Any old IFSC codes that were previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid. It is crucial to use only the new IFSC code, PUNB0MBGB06, for all your fund transfers and online banking activities to ensure they are processed correctly.

What is an IFSC Code?

The IFSC code stands for Indian Financial System Code. It’s an 11-character alphanumeric code used to uniquely identify every bank branch participating in online fund transfers within India. Think of it as a specific digital address for each bank branch.

• First 4 characters: These identify the bank. For example, in PUNB0MBGB06, ‘PUNB’ stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• Fifth character: This character is always ‘0’ (zero). It’s reserved for future use and acts as a control digit.
• Last 6 characters: These uniquely identify the specific bank branch. In our example, ‘MBGB06’ points directly to the Patahi branch of Bihar Gramin Bank.

This structure helps the Reserve Bank of India (RBI) efficiently route funds to the correct destination branch without errors.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code is a straightforward process when you’re making electronic fund transfers. Here’s how it works for common methods like NEFT, RTGS, and IMPS:

1. Log In: Access your online banking portal or mobile banking app.
2. Select Transfer Type: Choose the type of transfer you want to make:
   • NEFT (National Electronic Funds Transfer): Best for smaller amounts, processed in batches.
   • RTGS (Real Time Gross Settlement): Ideal for large-value transactions, processed individually in real-time.
   • IMPS (Immediate Payment Service): Allows instant, 24/7 transfers, even on holidays.
3. Add Beneficiary: If you haven’t transferred to this person or entity before, you’ll need to add them as a new beneficiary. You’ll typically need the following details:
   • Recipient’s Name
   • Recipient’s Bank Name (Bihar Gramin Bank)
   • Recipient’s Account Number
   • Recipient’s Account Type (Savings, Current, etc.)
   • The specific IFSC Code for their branch (PUNB0MBGB06 for Patahi branch)
4. Confirm and Transact: After adding and verifying the beneficiary, select them, enter the amount you wish to transfer, and confirm the transaction. The IFSC code ensures your money goes to the correct branch of the Bihar Gramin Bank.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank or the recipient’s bank offers several important advantages:

• Ensures Accurate Transfers: The primary benefit is preventing errors. The unique code guarantees your money reaches the exact bank branch intended, avoiding misdirected funds.
• Facilitates Online Transactions: It’s a mandatory requirement for all electronic fund transfers (NEFT, RTGS, IMPS), making online banking possible and secure.
• Speeds Up Processing: By precisely identifying the destination branch, the IFSC code helps in faster processing and settlement of funds.
• Reduces Manual Intervention: It automates the routing of funds, reducing the need for manual checks and interventions, which can delay transfers.
• Supports Interbank Transactions: It allows seamless money movement between different banks and their branches across India.

Contact Information

For any queries or assistance related to the Patahi branch of Bihar Gramin Bank, you can use the following contact details:

• Branch Phone Number: 9297954680
• Branch Address: Patahi, EAST CHAMPARAN, 845457, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Punjab National Bank – Sponsor Bank): 18001807777

Frequently Asked Questions (FAQs)

Q1: Is the IFSC code unique for every bank branch?
A1: Yes, absolutely. Each bank branch in India has its own unique 11-character alphanumeric IFSC code. This ensures that electronic fund transfers are routed to the precise destination branch.

Q2: Can I find the IFSC code online or through my passbook?
A2: Yes, you can. The IFSC code is typically printed on your bank passbook or cheque book. It’s also readily available on the bank’s official website, through mobile banking apps, or on the Reserve Bank of India (RBI) website.

Q3: What happens if I use an old or incorrect IFSC code for Bihar Gramin Bank?
A3: If you use an old or incorrect IFSC code for Bihar Gramin Bank, especially one from the pre-merger UBGB or DBGB, your transaction will likely fail. The funds will not be transferred, and you will receive an error message. Always use the current, unified IFSC code PUNB0MBGB06 for the Patahi branch.

Q4: Do I need an IFSC code for cash deposits or withdrawals at the branch counter?
A4: No, you typically do not need the IFSC code for cash deposits or withdrawals made directly at the bank branch counter. The IFSC code is specifically required for electronic fund transfers like NEFT, RTGS, and IMPS, which happen between different banks or branches.

Q5: Is there a charge for using the IFSC code for fund transfers?
A5: The IFSC code itself doesn’t carry a charge. However, banks may levy service charges for NEFT, RTGS, or IMPS transactions, depending on the amount transferred and the bank’s policy. Many banks offer NEFT/IMPS transfers for free through their online platforms.