Bihar Gramin Bank Salkhua IFSC Code

The Bihar Gramin Bank branch in Salkhua, a town located in the Saharsa district of Bihar, serves a vital role for its community. For anyone needing to send or receive money electronically, such as through NEFT, RTGS, or IMPS, knowing the correct Indian Financial System Code (IFSC) for this specific branch is absolutely essential. This unique code ensures that your funds reach the right bank and the correct branch without any issues.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Salkhua
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100701
Branch Address	Salkhua, SAHARSA, 852124, 9297954278
Contact Number	9297954278
City	SAHARSA
District	SAHARSA
Reason	SAHARSA
Pincode	852124
State	Bihar

Merger Update

Bihar Gramin Bank is a regional rural bank. It was formed after the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Today, Bihar Gramin Bank operates under the sponsorship of Punjab National Bank (PNB). This means that all its branches, including the Salkhua branch, now use a common IFSC code structure that reflects PNB’s sponsorship. The IFSC code PUNB0MBGB06 is the current and only valid code for the Salkhua branch of Bihar Gramin Bank. It is important to know that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are no longer active. You must use the new code, PUNB0MBGB06, for all your electronic fund transfers.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code that helps identify individual bank branches in India. Think of it as a unique digital address for each branch. This code is crucial for online money transfers.

The 11 characters are broken down into three parts:

• The first four characters represent the bank’s name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which sponsors Bihar Gramin Bank.
• The fifth character is always “0” (zero). This character is reserved for future use and acts as a separator.
• The last six characters identify the specific branch. In our example, “MBGB06” uniquely identifies the Salkhua branch of Bihar Gramin Bank.

This structure ensures that every electronic transaction goes to the exact branch intended.

How to Use an IFSC Code

When you need to send money electronically using services like NEFT, RTGS, or IMPS, you will always need the beneficiary’s (the person receiving the money) IFSC code. Here’s a general guide on how to use it:

1. Gather Beneficiary Details: Before starting a transfer, make sure you have the receiver’s full name, bank account number, bank name, and the correct IFSC code for their specific branch (in this case, PUNB0MBGB06 for Salkhua).
2. Log in to Your Banking Platform: Access your net banking portal or mobile banking app.
3. Select Fund Transfer: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
4. Add Beneficiary: If you’re sending money to this person for the first time, you’ll need to add them as a new beneficiary. This usually involves entering their name, account number, and the IFSC code (PUNB0MBGB06). Your bank will use the IFSC code to automatically fetch the branch name and address.
5. Verify Details: Always double-check all the entered information, especially the account number and IFSC code, to prevent errors.
6. Enter Amount and Confirm: Input the amount you wish to transfer and confirm the transaction. You might receive an OTP (One-Time Password) to complete the transfer.

The IFSC code acts as a routing number, ensuring that your funds are directed to the correct bank and branch swiftly and securely.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch offers several important benefits:

• Seamless Electronic Transfers: It is absolutely necessary for sending or receiving money via NEFT, RTGS, and IMPS, making transactions fast and efficient.
• Accuracy in Transactions: The unique code prevents errors by ensuring funds are credited to the correct branch, reducing the risk of money going to the wrong account.
• Faster Processing: When the correct IFSC code is used, transactions are processed quickly, often within minutes for IMPS and within a few hours for NEFT/RTGS.
• Online Banking Convenience: It simplifies the process of adding beneficiaries and making payments through internet banking or mobile banking apps.
• Safe and Secure: By accurately identifying the bank and branch, the IFSC code adds a layer of security to your financial transactions.

Contact Section

For direct communication with the Bihar Gramin Bank Salkhua branch:

• Branch Phone Number: 9297954278
• Branch Address: Salkhua, SAHARSA, 852124, Bihar

For general inquiries or assistance regarding Bihar Gramin Bank:

• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Q1: What is the IFSC code for Bihar Gramin Bank Salkhua branch?
A1: The IFSC code for the Bihar Gramin Bank Salkhua branch is PUNB0MBGB06.

Q2: Can I use an old IFSC code from Uttar Bihar Gramin Bank for the Salkhua branch?
A2: No, you cannot. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) merged to form Bihar Gramin Bank, which is sponsored by Punjab National Bank. All older IFSC codes from UBGB or DBGB are revoked. You must use the new code, PUNB0MBGB06, for all transactions related to the Salkhua branch.

Q3: What services require an IFSC code?
A3: An IFSC code is required for all electronic fund transfers such as NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service). It is also needed for online bill payments to specific beneficiaries if their bank details are required.

Q4: What if I enter a wrong IFSC code during a transaction?
A4: Entering a wrong IFSC code can cause your transaction to fail or be delayed. In some rare cases, if the wrong IFSC code still points to a valid branch but with an incorrect account number, the funds might not be credited correctly. It’s crucial to always verify the IFSC code and account number before confirming any transfer.

Q5: Is the IFSC code the same as the MICR code?
A5: No, the IFSC code and MICR (Magnetic Ink Character Recognition) code are different. The IFSC code is used for online fund transfers, while the MICR code, which is a 9-digit code, is mainly used for processing cheques. The MICR code for the Salkhua branch is 800811002.