Bihar Gramin Bank PIPRAHIYA IFSC Code

The Piprahiya branch of Bihar Gramin Bank is located in the Bhojpur district of Bihar. For anyone needing to send or receive money online through this branch, understanding its Indian Financial System Code (IFSC) is essential. The IFSC is a unique 11-character code assigned by the Reserve Bank of India to every bank branch. It acts like a specific address, ensuring that electronic fund transfers through systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) are routed correctly to the intended account without errors.

Branch Details

Merger and IFSC Update

Previously, Bihar had two separate regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged to form a single entity, Bihar Gramin Bank, which is sponsored by Punjab National Bank (PNB). As a result of this merger, all old IFSC codes, including those previously used by Dakshin Bihar Gramin Bank branches, have been deactivated. It is critical to note that only the new IFSC code, PUNB0MBGB06, is valid for all transactions with the Piprahiya branch. Using an old code will result in failed or delayed payments.

What is an IFSC Code?

The IFSC code is a unique identifier for each bank branch in India. The 11-character code has a specific structure that helps in routing electronic transactions. Let’s break down the IFSC code for the Piprahiya branch, PUNB0MBGB06:

• PUNB: The first four letters represent the name of the sponsor bank, which is Punjab National Bank.
• 0: The fifth character is always a zero. It is a control character reserved for future use by the RBI.
• MBGB06: The last six characters uniquely identify the specific branch. In this case, ‘MBGB06’ points directly to the Piprahiya branch of Bihar Gramin Bank.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code to transfer money is a straightforward process. Whether you use a bank’s mobile app or website, the steps are generally the same.

1. Log in to your internet banking portal or mobile banking application.
2. Navigate to the “Fund Transfer” section and choose your preferred method (NEFT, RTGS, or IMPS).
3. Select “Add Beneficiary” or “Add Payee” to register the recipient’s account details.
4. Enter the recipient’s name, their bank account number, and select “Bihar Gramin Bank”.
5. In the IFSC field, carefully enter PUNB0MBGB06.
6. After verifying all the details, confirm the addition of the beneficiary. You can now transfer funds to this account.

Why Knowing the Correct IFSC is Important

• Ensures Transaction Accuracy: The primary purpose of the IFSC code is to route money to the correct bank branch, preventing funds from being sent to the wrong location.
• Enables Digital Banking: Without the correct IFSC, you cannot perform online transfers using NEFT, RTGS, or IMPS.
• Speeds Up Processing: Correct codes allow for automated and swift processing of transactions, avoiding the delays caused by manual corrections.
• Identifies the Specific Branch: It helps distinguish the Piprahiya branch from thousands of other bank branches across the country.

Contact Information

For direct assistance, you can contact the branch or the bank’s head office.

• Branch Contact Number: 7091596920
• Branch Address: PIPRAHIYA, Bhojpur, Bihar – 802312
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

1. What is the new and correct IFSC code for Bihar Gramin Bank’s Piprahiya branch?
The only valid IFSC code for the Piprahiya branch is PUNB0MBGB06. All older codes from before the merger are no longer in use.

2. Why does the IFSC code for a Gramin Bank start with ‘PUNB’?
The first four letters of the IFSC code represent the sponsor bank. Bihar Gramin Bank is sponsored by Punjab National Bank (PNB), so its IFSC codes begin with ‘PUNB’.

3. Can I use the old Dakshin Bihar Gramin Bank (DBGB) IFSC code for a transaction?
No. Following the merger, all old DBGB and UBGB IFSC codes have been revoked. Using them will cause your transaction to fail. You must use the new PNB-sponsored code.

4. What is the difference between an IFSC code and a MICR code?
An IFSC code is an 11-character alphanumeric code used for electronic fund transfers like NEFT and RTGS. A MICR code is a 9-digit numeric code found at the bottom of a cheque leaf, used for processing physical cheques.

5. What happens if I enter the wrong IFSC code?
If you enter an IFSC code that does not exist, the transaction will be rejected. If you enter a valid but incorrect IFSC code (for a different branch), the funds could be sent to the wrong branch and may require a lengthy process to be reversed.

Kriti Kumari

Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.