Bihar Gramin Bank Patepur IFSC Code

The Bihar Gramin Bank branch located in Patepur, Vaishali district, Bihar, plays an essential role for residents and businesses in the area. When you need to send or receive money electronically, especially through systems like NEFT, RTGS, or IMPS, having the correct Indian Financial System Code (IFSC) for this branch is crucial. This unique code ensures your funds are transferred accurately and securely to the intended bank and branch.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Patepur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100003
Branch Address	Patepur, VAISHALI, 843114
Contact Number	9297954974
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	843114
State	Bihar

Merger Update: Important Information for Bihar Gramin Bank

Bihar Gramin Bank is a Regional Rural Bank (RRB) that was formed following the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these former banks are now operating under the unified identity of Bihar Gramin Bank. This merged entity is sponsored by Punjab National Bank.

Due to this merger, a new, single IFSC code, PUNB0MBGB06, has been assigned for all branches of Bihar Gramin Bank, including the Patepur branch. It is vital to understand that any old IFSC codes previously used for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches have been revoked. For any electronic fund transfers to or from the Patepur branch, or any other Bihar Gramin Bank branch, only the new IFSC code PUNB0MBGB06 is valid and must be used. Using an outdated code will result in transaction failure.

Understanding the IFSC Code

The IFSC, or Indian Financial System Code, is an 11-character alpha-numeric code that uniquely identifies every bank branch participating in online fund transfers in India. It is essential for various electronic payment systems like NEFT, RTGS, and IMPS.

The structure of the IFSC code is specific:

• The first four characters represent the bank name. For Bihar Gramin Bank, which is sponsored by Punjab National Bank, the first four characters are “PUNB”.
• The fifth character is always ‘0’ (zero). This is a control character reserved for future use.
• The last six characters identify the specific branch. For the Patepur branch, these characters are “MBGB06”.

So, for Bihar Gramin Bank, Patepur branch, the full IFSC code is PUNB0MBGB06.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code is straightforward when you’re making an electronic fund transfer. Here’s a general guide for NEFT, RTGS, and IMPS transactions:

1. Log In: Access your net banking portal or mobile banking app, or visit your bank branch.
2. Select Transfer Type: Choose the type of transfer you want to make (NEFT, RTGS, or IMPS).
3. Add Beneficiary: If you’re sending money to a new recipient, you’ll need to add them as a beneficiary.
4. Enter Beneficiary Details: Provide the required information for the recipient, which typically includes:
   • Beneficiary’s Name
   • Beneficiary’s Account Number
   • Confirm Beneficiary’s Account Number
   • Beneficiary’s Account Type (Savings, Current, etc.)
   • Beneficiary’s Bank Name (Bihar Gramin Bank)
   • Beneficiary’s Branch Name (Patepur)
   • The correct IFSC Code (PUNB0MBGB06)
5. Enter Amount: Specify the amount of money you wish to transfer.
6. Confirm and Transact: Review all the details carefully to ensure accuracy, then confirm the transaction.

Always double-check the IFSC code and account number before confirming any transfer to avoid sending money to the wrong recipient.

Benefits of Knowing Your IFSC Code

Understanding and having easy access to your bank’s IFSC code offers several practical benefits:

• Enables Electronic Transfers: It is mandatory for all major electronic fund transfer systems (NEFT, RTGS, IMPS), allowing for quick and efficient money movement.
• Ensures Accuracy: The unique branch identification ensures that funds reach the correct bank and branch, minimizing errors in transactions.
• Faster Processing: Correct IFSC codes help banks process transactions more rapidly, reducing delays.
• Supports Online Transactions: Essential for various online payments, including bill payments, insurance premiums, and e-commerce purchases that require direct bank transfers.
• Facilitates Salary and Pension Credits: Employers and pension disbursing agencies require the IFSC code to credit salaries and pensions directly into bank accounts.
• Increases Security: The specific identification adds a layer of security by reducing the chances of misrouting funds.

Contact Information

• Branch Phone Number (Patepur): 9297954974
• Branch Address (Patepur): Patepur, VAISHALI, 843114, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Punjab National Bank Customer Care): 18001807777

Frequently Asked Questions

Q1: What is the IFSC code for Bihar Gramin Bank Patepur branch?
A1: The IFSC code for Bihar Gramin Bank, Patepur branch, is PUNB0MBGB06.

Q2: Is the old IFSC code for Uttar Bihar Gramin Bank still valid for transactions to the Patepur branch?
A2: No, old IFSC codes for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid. Due to the merger, only the new IFSC code, PUNB0MBGB06, should be used for all Bihar Gramin Bank branches, including Patepur.

Q3: What is the MICR code for the Bihar Gramin Bank Patepur branch?
A3: The MICR (Magnetic Ink Character Recognition) code for the Patepur branch is 800811002.

Q4: Can I use the IFSC code for international money transfers?
A4: No, the IFSC code is specifically for domestic fund transfers within India. For international money transfers, you would typically need a SWIFT (Society for Worldwide Interbank Financial Telecommunication) code or BIC (Bank Identifier Code).

Q5: How can I verify an IFSC code before making a transfer?
A5: You can verify an IFSC code through various methods: by checking your bank’s official website, contacting your bank’s customer service, using reliable third-party financial websites, or referring to your bank passbook or cheque leaf.