Bihar Gramin Bank Puchhari Bazar IFSC Code

The Bihar Gramin Bank branch in Puchhari Bazar, located in the Saran district of Bihar, serves as an important banking point for the local community. When you need to send or receive money through electronic transfers like NEFT, RTGS, or IMPS, knowing the correct Indian Financial System Code, or IFSC, for this specific branch is essential. This unique code ensures that your funds reach the intended bank and branch without any issues, making your transactions secure and efficient.

Branch Details

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

Bank Name	Bihar Gramin Bank
Branch Name	Puchhari Bazar
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100560
Branch Address	Puchhari Bazar, SARAN, 841403, 9297955269
Contact Number	9297955269
City	SARAN
District	SARAN
Region	CHAPRA
Pincode	841403
State	Bihar

Merger Update

Previously, banking services in Bihar were provided by various regional rural banks, including Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). To strengthen rural banking and streamline operations, these two banks have since merged. They now operate as a single entity known as Bihar Gramin Bank.

Bihar Gramin Bank is sponsored by Punjab National Bank. Because of this sponsorship, all its branches, including Puchhari Bazar, use a standardized IFSC code format that begins with ‘PUNB’. For example, the IFSC code for Puchhari Bazar branch is PUNB0MBGB06. It is critical to understand that any old IFSC codes previously associated with UBGB or DBGB are no longer valid for fund transfers. For any transaction to Bihar Gramin Bank, you must use the current IFSC code.

What is an IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies every bank branch participating in online fund transfers within India. This code is crucial for ensuring that money is sent to the correct bank and branch.

The 11 characters of an IFSC code are structured in a specific way:

• The first four characters identify the bank. For Bihar Gramin Bank, under Punjab National Bank’s sponsorship, these are usually PUNB.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between the bank code and the branch code.
• The last six characters uniquely identify the specific bank branch. For the Puchhari Bazar branch, these are MBGB06.

So, for Bihar Gramin Bank, Puchhari Bazar branch, the IFSC code PUNB0MBGB06 clearly shows it’s a Punjab National Bank-sponsored entity, followed by the specific branch identifier.

How to Use an IFSC Code

You will need the IFSC code when performing various types of electronic fund transfers. Here’s how it’s used for the common methods:

For NEFT (National Electronic Funds Transfer)

NEFT is a nationwide system for transferring funds from one bank account to another. It processes transactions in batches, typically every 30 minutes during banking hours.

1. Log in to your bank’s online banking portal or mobile app.
2. Go to the “Fund Transfer” or “Payments” section.
3. Select “NEFT” as the transfer type.
4. Add the beneficiary’s details: full name, account number, account type (savings, current), and the correct IFSC code (e.g., PUNB0MBGB06).
5. Enter the amount you wish to transfer and confirm the details.

For RTGS (Real Time Gross Settlement)

RTGS is designed for large-value transactions, with a minimum transfer amount typically set at Rs. 2 lakhs. Funds are processed individually and in real time.

1. Access your online banking or mobile app.
2. Choose “RTGS” for the transfer method.
3. Provide the beneficiary’s full name, account number, and the correct IFSC code (e.g., PUNB0MBGB06).
4. Input the transfer amount (must be Rs. 2 lakhs or more) and authorize the transaction.

For IMPS (Immediate Payment Service)

IMPS allows for instant, 24/7 fund transfers, even on holidays. It’s often used for smaller, urgent transfers.

1. Open your mobile banking app or use a UPI interface.
2. Select “IMPS” for the payment method.
3. You might be asked for the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their account number and the correct IFSC code (e.g., PUNB0MBGB06).
4. Enter the amount and proceed with the immediate transfer.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code offers several key advantages for financial transactions:

• Accuracy: It ensures your money goes to the right bank and branch, preventing misdirected funds.
• Efficiency: It speeds up the processing of electronic fund transfers, making transactions quicker.
• Security: The unique identification helps in tracking transactions and adds a layer of security.
• Convenience: It enables seamless transfers from anywhere, at any time, through online banking or mobile apps.
• Compliance: It is a mandatory requirement by the Reserve Bank of India (RBI) for inter-bank transfers.

Contact Information

Should you need to contact the bank, here are the relevant details:

• Bihar Gramin Bank, Puchhari Bazar Branch Phone Number: 9297955269
• Bihar Gramin Bank, Puchhari Bazar Branch Address: Puchhari Bazar, SARAN, 841403, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes:

Q1: What happens if I use an incorrect IFSC code for a transfer?
A1: If the IFSC code is incorrect, the transaction will likely fail and the funds will not be debited from your account or will be reversed. In some rare cases, if the IFSC code matches another valid branch, but the account number doesn’t, the transaction might still bounce back. Always double-check the IFSC code.

Q2: Is the fifth character of an IFSC code always zero?
A2: Yes, the fifth character of every IFSC code is invariably zero. This character is standardized by the Reserve Bank of India for all bank branches.

Q3: Can I find the IFSC code on my cheque book?
A3: Yes, the IFSC code for your branch is usually printed on your cheque book leaves, typically near the top or bottom, alongside your account number and MICR code.

Q4: Is an IFSC code required for transfers between accounts in the same bank?
A4: Generally, no. For transfers within the same bank (e.g., from one Bihar Gramin Bank account to another Bihar Gramin Bank account), you usually only need the beneficiary’s account number. The bank’s internal systems handle the routing without needing an IFSC code.

Q5: What is the difference between an IFSC code and a MICR code?
A5: An IFSC code is an 11-character code used for online fund transfers (NEFT, RTGS, IMPS). A MICR (Magnetic Ink Character Recognition) code is a 9-digit code, typically found on cheques, used primarily for processing physical cheques. Both are unique identifiers for bank branches but serve different purposes.