Bihar Gramin Bank Piprahi IFSC Code

The Bihar Gramin Bank branch in Piprahi, located in the SHEOHAR district of Bihar, serves as a vital financial hub for the local community. For anyone looking to send or receive money electronically, understanding the Indian Financial System Code, or IFSC, is crucial. This unique code acts like a digital address for bank branches, making it possible for secure and efficient fund transfers through systems like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

Branch Details

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

Bank Name	Bihar Gramin Bank
Branch Name	Piprahi
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100002
Branch Address	Piprahi, SHEOHAR, 0, 9297954797
Contact Number	9297954797
City	SHEOHAR
District	SHEOHAR
Region	SITAMARHI
Pincode	0
State	Bihar

Merger Update

It’s important to note that Bihar Gramin Bank, along with other regional rural banks, has undergone a merger. Specifically, banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged to form the current entity operating under the sponsorship of Punjab National Bank. As a result of this merger, all these branches, including Piprahi, now operate under a unified IFSC code structure. The IFSC code for Piprahi branch, PUNB0MBGB06, reflects this change. If you previously used an IFSC code associated with the old UBGB or DBGB, those codes are now revoked and are no longer valid for transactions. Always use the new, consolidated IFSC code for all your financial transfers.

What is an IFSC Code?

The IFSC Code, or Indian Financial System Code, is a unique 11-character alphanumeric code. It’s used to identify every bank branch participating in electronic funds transfers within India. Think of it as a specific address for a bank branch. The structure of the code provides key information:

• The first four characters represent the bank name. For example, “PUNB” stands for Punjab National Bank, the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps maintain uniformity.
• The last six characters identify the specific branch. For the Piprahi branch, these are “MBGB06”.

This organized structure ensures that funds are accurately routed to the intended bank and branch during electronic transactions.

How to Use an IFSC Code

You will need the IFSC code for various electronic fund transfers. Here’s how you typically use it for common services:

• NEFT (National Electronic Funds Transfer): When you want to transfer money to someone else’s account, you’ll log into your net banking or mobile banking app. You’ll add the beneficiary’s details, which include their bank account number, account holder’s name, and the IFSC code of their bank branch (PUNB0MBGB06 for Piprahi branch). The funds are processed in batches throughout the day.
• RTGS (Real Time Gross Settlement): For larger value transactions, usually above ₹2 lakhs, RTGS is used. Similar to NEFT, you provide the beneficiary’s account details and their branch’s IFSC code. The transfer happens on a real-time, one-to-one basis, meaning funds are settled individually without waiting for other transactions.
• IMPS (Immediate Payment Service): IMPS allows for instant, 24/7 fund transfers, even on holidays. You can use IMPS via mobile banking or internet banking by providing the beneficiary’s mobile number and MMID (Mobile Money Identifier) or their account number and IFSC code (PUNB0MBGB06).

Always double-check the IFSC code, account number, and beneficiary name before confirming any transaction to avoid errors.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch offers several practical benefits:

• It enables secure and swift electronic fund transfers through NEFT, RTGS, and IMPS.
• It helps in making online payments for bills, loans, and other financial services.
• It is essential for receiving payments, salaries, or other credits directly into your bank account.
• It ensures that your transactions are routed to the correct branch, minimizing delays or errors.
• It’s often required when setting up direct debits or automated payments from your account.

Contact Information

If you need to get in touch with Bihar Gramin Bank or its Piprahi branch, here are the contact details:

• Piprahi Branch Phone Number: 9297954797
• Piprahi Branch Address: Piprahi, SHEOHAR, 0, 9297954797
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some commonly asked questions about IFSC codes and Bihar Gramin Bank:

Q1: Is the IFSC code PUNB0MBGB06 valid for all types of transactions?
A1: Yes, PUNB0MBGB06 is the correct and valid IFSC code for the Bihar Gramin Bank, Piprahi branch, for all electronic fund transfers including NEFT, RTGS, and IMPS.

Q2: What happens if I use an old IFSC code for Bihar Gramin Bank?
A2: If you use an old IFSC code, especially one associated with the pre-merger Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), your transaction will likely fail. The old codes are no longer valid, and funds cannot be processed through them.

Q3: Can I find the IFSC code on my passbook or chequebook?
A3: Yes, the IFSC code is typically printed on the first page of your bank passbook and on the top of your cheque leaves. Always verify it with official bank sources if you are unsure.

Q4: Do I need the IFSC code for cash deposits or withdrawals at the branch?
A4: No, you do not need the IFSC code for routine cash deposits or withdrawals made in person at your own bank branch. The IFSC code is specifically for electronic fund transfers between different bank branches.

Q5: Who sponsors Bihar Gramin Bank?
A5: Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank (PNB). This sponsorship is why the IFSC code for its branches starts with “PUNB.”