Bihar Gramin Bank SAHRI IFSC Code

You’re looking for details about the SAHRI branch of Bihar Gramin Bank. This branch is located in SAHRI, Patna, Bihar, with the Pincode 803219. Understanding the Indian Financial System Code (IFSC) for this branch is crucial for any electronic fund transfers. Whether you’re sending money through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the correct IFSC code ensures your funds reach the right bank and branch quickly and securely.

Branch Details

Here are the key details for the SAHRI branch of Bihar Gramin Bank:

Detail	Information
Bank Name	Bihar Gramin Bank
Branch Name	SAHRI
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7323
Branch Address	SAHRI, Patna, 803219, 9771464323
Contact Number	9771464323
City	Patna
District	Patna
Reason	PATNA
Pincode	803219
State	Bihar

Merger Update

The IFSC code PUNB0MBGB06 indicates that this branch, though referred to as Bihar Gramin Bank, operates under the umbrella of Madhya Bihar Gramin Bank. Madhya Bihar Gramin Bank is a Regional Rural Bank (RRB) that is sponsored by Punjab National Bank. In the past, various regional rural banks operated in Bihar under different names, such as Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Over time, many of these entities have been reorganized or merged to form consolidated regional rural banks.

If this branch was previously associated with any other older regional rural bank in Bihar, its operations, and critically, its IFSC code, have transitioned to the current system. This means that any old IFSC codes that might have been used for similar regional rural banks in Bihar (like those for UBGB or DBGB) are now revoked for transactions through this branch. For the SAHRI branch, only PUNB0MBGB06 is the valid IFSC code for all your online fund transfers and banking needs.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies every bank branch participating in the NEFT, RTGS, and IMPS systems within India. Think of it as a unique address for a specific bank branch, essential for directing your money to the right place.

The 11 characters are structured in a specific way:

• The first four characters represent the bank’s name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Madhya Bihar Gramin Bank.
• The fifth character is always a “0” (zero). This character is reserved for future use.
• The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” uniquely points to the SAHRI branch of Madhya Bihar Gramin Bank.

How to Use the IFSC Code

Using the IFSC code is a straightforward process when you want to transfer money electronically. Here’s how it generally works for NEFT, RTGS, and IMPS:

1. Log In: Access your online banking portal or mobile banking app.
2. Select Transfer Option: Choose the option for fund transfer (NEFT, RTGS, or IMPS).
3. Add Beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. This usually involves providing:
   • The beneficiary’s full name.
   • Their bank account number.
   • Their bank name (e.g., Madhya Bihar Gramin Bank).
   • The specific branch name (e.g., SAHRI).
   • The IFSC code for that branch (PUNB0MBGB06).
4. Enter Amount: Specify the amount of money you wish to transfer.
5. Confirm and Transact: Review all the details carefully, especially the account number and IFSC code, to ensure accuracy. Then, confirm the transaction.

Once confirmed, the funds will be transferred electronically to the beneficiary’s account.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code at hand offers several advantages:

• Secure Transfers: It ensures your money reaches the intended recipient’s bank and branch without errors.
• Faster Transactions: Correct IFSC codes enable quicker processing of NEFT, RTGS, and IMPS payments.
• Unique Identification: Each branch has a unique IFSC, removing any ambiguity in identifying the destination of funds.
• Essential for Online Banking: It is a mandatory piece of information for all electronic fund transfers.
• Prevents Fraud: Using the correct code minimizes the risk of transactions being misdirected due to incorrect branch identification.

Contact Information

If you need to get in touch with the bank, here are the details:

• SAHRI Branch Phone Number: 9771464323
• SAHRI Branch Address: SAHRI, Patna, 803219
• Head Office Address (Madhya Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Punjab National Bank): 18001807777 (as Madhya Bihar Gramin Bank is sponsored by PNB)

Frequently Asked Questions (FAQs)

Q1: What does IFSC stand for?

A1: IFSC stands for Indian Financial System Code. It’s a unique 11-character code for electronic fund transfers in India.

Q2: Is the IFSC code the same for all branches of Madhya Bihar Gramin Bank?

A2: No, the IFSC code is unique for each individual bank branch participating in electronic fund transfers. While the first four characters might be the same for branches of the same sponsor bank, the last six characters will differ to identify the specific branch.

Q3: Can I transfer money through NEFT, RTGS, or IMPS without an IFSC code?

A3: No, an IFSC code is mandatory for all electronic fund transfers like NEFT, RTGS, and IMPS. It tells the banking system exactly which branch the money needs to go to.

Q4: Where can I find the IFSC code for my bank branch?

A4: You can usually find the IFSC code printed on your bank’s cheque book, passbook, or on the bank’s official website. You can also verify it on the Reserve Bank of India (RBI) website.

Q5: What happens if I use a wrong IFSC code during a transaction?

A5: If you use an incorrect IFSC code, the transaction will likely fail and the money will not be transferred. In some rare cases, if the incorrect IFSC code corresponds to another valid branch and the account number also matches, your funds could be sent to the wrong recipient. Always double-check the IFSC code before confirming a transfer.