Bihar Gramin Bank Peroi IFSC Code

The Bihar Gramin Bank branch located in Peroi, within the Vaishali district of Bihar, plays an important role in the local financial landscape. For anyone looking to transfer funds electronically to or from this branch, understanding its Indian Financial System Code, or IFSC, is essential. This unique 11-character code is a crucial identifier for various digital payment methods, including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service), ensuring that your money reaches the correct bank and branch without delays.

Branch Details

Here are the key details for the Bihar Gramin Bank, Peroi branch:

Bank Name	Bihar Gramin Bank
Branch Name	Peroi
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100094
Branch Address	Peroi, VAISHALI, 844114
Contact Number	9297955029
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	844114
State	Bihar

Merger Update

Bihar Gramin Bank was formed through the amalgamation of several regional rural banks in Bihar, including Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), as well as Madhya Bihar Gramin Bank. As a result of these mergers, and now being sponsored by Punjab National Bank, a unified and standardized system for IFSC codes has been implemented. This means that for the Peroi branch, and all branches under Bihar Gramin Bank, the new IFSC code PUNB0MBGB06 is the only valid code for financial transactions. If you previously held an account or transacted with a branch that was part of UBGB or DBGB, please note that their old IFSC codes have been revoked and are no longer valid. Always use the current IFSC code PUNB0MBGB06 for any fund transfers to this branch.

What is an IFSC Code?

The IFSC Code, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch in India participating in the NEFT, RTGS, and IMPS systems. This code is crucial for directing electronic transactions to the correct destination.

The structure of the IFSC code is straightforward:

• The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” signifies Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific branch. For PUNB0MBGB06, “MBGB06” uniquely points to the Peroi branch of Bihar Gramin Bank.

How to Use an IFSC Code

Using an IFSC code for electronic fund transfers like NEFT, RTGS, or IMPS is a simple process. Here’s a general guide:

1. Log in to your banking platform: Access your net banking portal or mobile banking app.
2. Select ‘Fund Transfer’: Look for options like “Transfer Funds,” “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 beneficiary. This usually involves providing:
   • Beneficiary’s Name
   • Beneficiary’s Account Number
   • Beneficiary’s Bank Name (Bihar Gramin Bank)
   • Beneficiary’s IFSC Code (PUNB0MBGB06 for Peroi branch)
4. Enter Transfer Details: Once the beneficiary is added (or selected if already registered), enter the amount you wish to transfer.
5. Confirm Transaction: Review all details carefully. An incorrect IFSC code could send money to the wrong account or cause the transaction to fail. Confirm the transaction, often using an OTP (One-Time Password) for security.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for a bank branch offers several key advantages:

• Secure Transactions: It ensures that your money is directed to the intended recipient’s bank and branch, minimizing the risk of errors during electronic transfers.
• Faster Processing: Correct IFSC codes help banks process NEFT, RTGS, and IMPS transactions quickly and efficiently.
• Mandatory for Digital Payments: The IFSC code is a required field for all major digital fund transfer methods in India.
• Branch Identification: It uniquely identifies a specific bank branch, which is especially useful when dealing with banks that have many branches across different cities.
• Avoids Delays: Using the right code prevents transaction failures or delays that can occur due to incorrect or missing information.

Contact Information

• Branch Phone Number: 9297955029
• Branch Address: Peroi, VAISHALI, 844114
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

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

Q2: Can I use an old IFSC code for Bihar Gramin Bank after the merger?
A2: No, old IFSC codes from banks that merged to form Bihar Gramin Bank (like Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank) are no longer valid. You must use the current code, PUNB0MBGB06, for all transactions to the Peroi branch.

Q3: What does the “PUNB” in the IFSC code PUNB0MBGB06 stand for?
A3: “PUNB” stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.

Q4: Is the IFSC code required for all types of bank transfers?
A4: Yes, the IFSC code is mandatory for electronic fund transfers such as NEFT, RTGS, and IMPS. It ensures your money goes to the correct bank and branch.

Q5: How can I verify the IFSC code for a Bihar Gramin Bank branch?
A5: You can verify the IFSC code on the bank’s official website, through your passbook, or by contacting the bank’s customer service or the specific branch directly.