Bihar Gramin Bank S T BARDAHA IFSC Code

This article focuses on the Bihar Gramin Bank branch located in S T BARDAHA, Nawada, Bihar. Knowing the correct Indian Financial System Code (IFSC) for this specific branch is essential for various online money transfers. The IFSC code acts like a unique digital address, ensuring your funds reach the right bank and branch when you use services like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS). Without this code, you cannot send money digitally to an account held at this branch.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	S T BARDAHA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7300
Branch Address	S T BARDAHA, Nawada, 805127, 9771464300
Contact Number	9771464300
City	Nawada
District	Nawada
Reason	NAWADA
Pincode	805127
State	Bihar

Merger Update for Bihar Gramin Bank

The branch in S T BARDAHA operates under Bihar Gramin Bank. This bank was formed from the merger of two earlier regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these banks merged to create the new entity, Bihar Gramin Bank. This bank is sponsored by Punjab National Bank.

Following this merger, a new, unified IFSC code has been adopted for all branches of Bihar Gramin Bank. This common code is PUNB0MBGB06. It is crucial to understand that any old IFSC codes previously used by Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are now invalid. For any financial transaction with Bihar Gramin Bank, including the S T BARDAHA branch, you must use only the IFSC code PUNB0MBGB06. Using an outdated code will cause your transaction to fail.

What is an IFSC Code?

The IFSC code, or Indian Financial System Code, is a unique 11-character alphanumeric code. It identifies every bank branch participating in online money transfers within India. Think of it as a specific address for each bank branch that helps the banking system direct your funds correctly.

The structure of the IFSC code is straightforward:

• The first four characters represent the bank. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsoring 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. In our example, “MBGB06” identifies the Bihar Gramin Bank and its particular branch for internal routing purposes.

How to Use the IFSC Code for Transfers

Using the IFSC code is a key step when you need to send money digitally. Here’s how it typically works for different types of transfers:

NEFT (National Electronic Funds Transfer)

NEFT allows money transfers in batches at specific times throughout the day.

1. Log in to your online banking portal or mobile banking app.
2. Go to the “Funds Transfer” or “Payments” section.
3. Select “NEFT” as the transfer type.
4. Add a new beneficiary. You will need the beneficiary’s name, account number, bank name (Bihar Gramin Bank), and the correct IFSC code (PUNB0MBGB06).
5. Enter the amount you wish to transfer and confirm the details.

RTGS (Real Time Gross Settlement)

RTGS is for large value transfers, processed individually and in real time.

1. Access your online banking or mobile banking application.
2. Navigate to the “Funds Transfer” section and choose “RTGS”.
3. Enter the beneficiary’s details, including their name, account number, Bihar Gramin Bank, and the specific IFSC code (PUNB0MBGB06).
4. Input the transfer amount (RTGS usually has a minimum transaction limit).
5. Review and confirm the transaction.

IMPS (Immediate Payment Service)

IMPS allows instant, 24/7 fund transfers, even on holidays.

1. Open your bank’s mobile banking app.
2. Select the “IMPS” option for immediate transfers.
3. Provide the beneficiary’s details: their account number, Bihar Gramin Bank, and the IFSC code (PUNB0MBGB06).
4. Enter the amount you want to send.
5. Verify the information and complete the transfer.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code is highly beneficial for several reasons:

• It ensures your digital fund transfers like NEFT, RTGS, and IMPS are successful.
• It prevents money from being sent to the wrong bank or branch.
• It makes the process of adding new beneficiaries for online banking quicker and more accurate.
• It is often required for other banking services, such as setting up mandates or certain bill payments.
• It helps in tracking the exact branch where a bank account is held, which can be useful for various financial activities.

Contact Information

For direct inquiries regarding the S T BARDAHA branch or Bihar Gramin Bank:

• Branch Phone Number: 9771464300
• Branch Address: S T BARDAHA, Nawada, 805127
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

What happens if I use an old IFSC code for Bihar Gramin Bank?

If you use an old IFSC code from Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank, your transaction will likely fail. The banking system will not recognize the old code as valid for the current Bihar Gramin Bank, and the funds will not be transferred. Always use PUNB0MBGB06 for Bihar Gramin Bank branches.

Is the IFSC code PUNB0MBGB06 valid for all branches of Bihar Gramin Bank?

Yes, the IFSC code PUNB0MBGB06 is the unified and common IFSC code for all branches of Bihar Gramin Bank following its merger and sponsorship by Punjab National Bank. You should use this code regardless of which specific Bihar Gramin Bank branch you are sending money to.

Can I find the IFSC code on my passbook or cheque book?

Typically, the IFSC code is printed on your bank’s passbook and on the cheque leaves of your cheque book. It is usually found on the top corner or near the account number section. However, with the merger, ensure you verify it against the current valid code PUNB0MBGB06, as older books might have outdated codes.

Is the MICR code also necessary for online fund transfers?

No, the MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. For online fund transfers like NEFT, RTGS, or IMPS, only the IFSC code, beneficiary’s account number, and bank name are required.

Who is the sponsoring bank for Bihar Gramin Bank?

Bihar Gramin Bank is a Regional Rural Bank sponsored by Punjab National Bank. This means Punjab National Bank provides financial and management support to Bihar Gramin Bank, which is also reflected in the IFSC code starting with “PUNB”.