Bihar Gramin Bank PIROO IFSC Code

The Piroo branch of Bihar Gramin Bank is located in the Aurangabad district of Bihar. For anyone needing to send money to an account at this branch, understanding the Indian Financial System Code (IFSC) is essential. This unique 11-character code acts like a digital address, ensuring that your online fund transfers through services like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) reach the correct bank branch without any errors.

Branch Details

Important Merger Update

Previously, banking in the region was handled by Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have now been amalgamated (merged) to form the Bihar Gramin Bank. This new entity is sponsored by Punjab National Bank (PNB). As a result of this merger, all old IFSC codes belonging to the former UBGB and DBGB branches are now invalid and have been revoked. For all electronic transactions to any branch of the newly formed Bihar Gramin Bank, including the Piroo branch, you must use the new IFSC code, which starts with the prefix PUNB.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the country’s electronic funds transfer system. It is structured to ensure that every transaction is routed accurately.

Let’s break down the IFSC code for the Piroo branch, PUNB0MBGB06:

• PUNB: The first four letters represent the bank. In this case, it signifies Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• 0: The fifth character is always a zero. It is reserved for future use by the RBI.
• MBGB06: The last six characters identify the specific bank branch. After the merger, some Regional Rural Banks like Bihar Gramin Bank use a centralized code for many of its branches to streamline transactions.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code is a straightforward part of making an online payment. When you are ready to transfer money, follow these general steps:

1. Log in to your bank’s internet banking portal or mobile banking application.
2. Navigate to the “Fund Transfer” section and select the payment method: NEFT, RTGS, or IMPS.
3. Choose the option to add a new beneficiary or payee.
4. You will be asked to enter the recipient’s details: their name, account number, and bank name.
5. In the designated field, carefully enter the 11-digit IFSC code for the recipient’s branch: PUNB0MBGB06.
6. After verifying all the details, confirm the transaction. The IFSC code will ensure the funds are directed to the correct Bihar Gramin Bank branch.

Benefits of Using the Correct IFSC Code

• Accuracy: It eliminates the risk of funds being sent to the wrong branch or bank, ensuring your money reaches its intended destination.
• Efficiency: The code automates the transfer process, making transactions faster and more reliable.
• Security: It serves as a verification layer, confirming that the account number is linked to the correct bank branch before the transaction is processed.
• Accessibility: It is the standard code required for all major online payment systems in India, making digital banking seamless.

Contact Information

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

Branch Contact
Phone Number: 9771464121
Address: PIROO, Aurangabad, Bihar – 824120

Head Office
Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
Toll-Free Number: 18001807777

Frequently Asked Questions

Can I still use my old Uttar Bihar Gramin Bank (UBGB) IFSC code?

No. All old IFSC codes from the pre-merger banks (UBGB and DBGB) are now discontinued. You must use the new IFSC code, PUNB0MBGB06, for all transactions to ensure they are processed correctly.

What is the difference between an IFSC code and a MICR code?

The IFSC code is used for online fund transfers like NEFT and RTGS. The MICR (Magnetic Ink Character Recognition) code is a 9-digit code found on the bottom of a cheque leaf, used for faster processing of cheques.

What happens if I enter the wrong IFSC code?

If the incorrect IFSC code does not correspond to a valid bank branch, the transaction will likely fail, and the money will be credited back to your account within a few hours or days. However, if it matches another valid branch, the funds could be sent there, which would require you to contact your bank to resolve the issue.

Do I need an IFSC code to deposit cash at the branch?

No, the IFSC code is only required for electronic transfers from one bank account to another. For cash deposits made directly at the bank branch, you only need the recipient’s account number and name.

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.