Bihar Gramin Bank Sahebganj IFSC Code

The Sahebganj branch of Bihar Gramin Bank is located in Banka, Bihar. To transfer money to an account at this branch, you need a specific code called the Indian Financial System Code (IFSC). This 11-character code is essential for all major online fund transfer methods in India, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC ensures your money reaches the correct bank and branch without any errors or delays.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Sahebganj
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3719
Branch Address	Sahebganj, Banka, 3719, 7061102704
Contact Number	7061102704
City	Banka
District	Banka
Region	BHAGALPUR
Pincode	3719
State	Bihar

Merger and IFSC Update

Previously, Bihar had two 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, now known as Bihar Gramin Bank. This new bank 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As a result of this merger, all old IFSC codes belonging to the former UBGB and DBGB branches are no longer valid. All branches now operate under a new set of IFSC codes starting with “PUNB” to reflect the sponsorship by Punjab National Bank. For any online transaction to the Sahebganj branch, you must use the new, unified IFSC code: PUNB0MBGB06. Using an old or incorrect code will cause your transaction to fail.

What is an IFSC Code?

The IFSC is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the electronic funds transfer system. The code has a specific structure that helps route payments correctly.

Let’s break down the IFSC code PUNB0MBGB06:

• PUNB: The first four letters represent the bank’s name. 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.
• MBGB06: The last six characters identify the specific branch. This part is unique to the Sahebganj branch.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code to send money is a straightforward process. Whether you are using a mobile banking app or an internet banking portal, the steps are generally the same.

1. Log in to your net banking or mobile banking application.
2. Navigate to the ‘Fund Transfer’ section and select the payment method (NEFT, RTGS, or IMPS).
3. Add a Beneficiary. You will need to provide the recipient’s name, bank account number, and their bank’s IFSC code.
4. Enter the Details: Carefully input the beneficiary’s account number and the IFSC code PUNB0MBGB06 for the Sahebganj branch.
5. Verify and Confirm: Double-check all the details to ensure they are correct. Enter the amount you wish to transfer and confirm the transaction, usually with a password or an OTP (One-Time Password).

Benefits of Using the Correct IFSC Code

• Ensures Accuracy: The primary benefit is that it routes your funds to the exact intended bank branch, eliminating transfer errors.
• Faster Processing: Correct IFSC codes enable automated processing, which leads to quicker settlement of funds.
• Prevents Transaction Failure: Using an invalid or old IFSC code is a common reason for transactions getting rejected or delayed.
• Universal Requirement: It is mandatory for all major domestic electronic payment systems managed by the RBI.

Contact Information

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

Branch Contact

• Phone Number: 7061102704
• Address: Sahebganj, Banka, Bihar

Head Office

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

Frequently Asked Questions

Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?

It starts with ‘PUNB’ because Punjab National Bank is the sponsor bank for Bihar Gramin Bank after the merger of UBGB and DBGB. All new IFSC codes reflect this sponsorship.

What happens if I use an old IFSC code from before the merger?

If you use an old IFSC code, your transaction will be rejected. The banking system will not be able to identify the destination branch, causing the payment to fail.

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

No. While the first four letters (‘PUNB’) are common, the last six characters are unique to each branch. You must use the specific code for the branch where the account is held.

Can I use this IFSC code for international money transfers?

No, the IFSC code is only used for domestic fund transfers within India. For international transfers, you need a SWIFT code, which serves a similar purpose on a global scale.

Where can I find the IFSC code on my bank documents?

The IFSC code is usually printed on the top of a cheque leaf from your chequebook. It is also mentioned in the passbook provided by the bank.