Bihar Gramin Bank Sanjalpur IFSC Code

Sanjalpur is a community located in the Siwan district of Bihar. When you need to send or receive money to or from this branch of Bihar Gramin Bank, you will use a special code. This code is called the Indian Financial System Code, or IFSC. It is very important for online money transfers. The IFSC code ensures that funds reach the correct bank branch. This applies to transactions like NEFT, RTGS, and IMPS.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Sanjalpur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100662
Branch Address	Sanjalpur, SIWAN, 841245, 9297954577
Contact Number	9297954577
City	SIWAN
District	SIWAN
Pincode	841245
State	Bihar

Merger Update

The Bihar Gramin Bank is the result of a significant merger. Previously, there were two separate rural banks in the region: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have merged to form the current Bihar Gramin Bank. This new bank operates under the sponsorship of Punjab National Bank (PNB).

Due to this merger, all bank branches now use a single, unified IFSC code structure. For the Sanjalpur branch of Bihar Gramin Bank, the valid IFSC code is PUNB0MBGB06. It is crucial to note that any old IFSC codes used by Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are no longer valid. For any fund transfers, you must use the new code, PUNB0MBGB06. Using an old or incorrect IFSC code will lead to transaction failure.

What is IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is an 11-character alphanumeric code. This code identifies every bank branch in India uniquely. It is essential for electronic fund transfers. Each part of the code tells you something specific about the bank branch.

• The first four characters represent the bank name. For 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 bank branch. In this case, “MBGB06” refers to a specific branch within the Bihar Gramin Bank network.

For example, using PUNB0MBGB06 ensures your money goes directly to the Sanjalpur branch of Bihar Gramin Bank. It acts like a unique postal code for financial transactions.

How to Use IFSC Code

You need the IFSC code for various types of electronic fund transfers. Here’s how you typically use it:

1. NEFT (National Electronic Funds Transfer): This system allows for inter-bank fund transfers.
   • Log into your net banking account or visit your bank branch.
   • Select the NEFT option.
   • Add the beneficiary’s details: their name, account number, and the correct IFSC code (PUNB0MBGB06 for Sanjalpur branch).
   • Enter the amount you wish to transfer.
   • Confirm the transaction. The funds will be transferred in batches during working hours.
2. RTGS (Real Time Gross Settlement): This is for large value transactions. Funds are settled individually and immediately.
   • Access your online banking portal or go to your bank branch.
   • Choose the RTGS fund transfer option.
   • Provide the beneficiary’s name, account number, and the IFSC code (PUNB0MBGB06).
   • Enter the transfer amount. RTGS usually has a minimum transaction limit.
   • Verify the details and proceed with the transfer.
3. IMPS (Immediate Payment Service): This service allows instant, 24/7 fund transfers.
   • Use your mobile banking app or internet banking.
   • Select the IMPS option.
   • Input the beneficiary’s account number and the IFSC code (PUNB0MBGB06). Alternatively, you might use the beneficiary’s mobile number and MMID.
   • Enter the amount to send.
   • Confirm the payment. The funds are transferred instantly.

Always double-check the IFSC code and account number before making a transfer to avoid any errors.

Benefits

Knowing and using the correct IFSC code offers several advantages:

• Accurate Transfers: Ensures your money reaches the specific intended bank branch without errors.
• Faster Processing: Essential for quick electronic fund transfers like NEFT, RTGS, and IMPS.
• Secure Transactions: Reduces the risk of funds being sent to the wrong account or branch.
• Online Banking Convenience: Allows you to perform transactions from home or on the go.
• Essential for Bill Payments: Needed for various online bill payments and merchant transactions.

Contact Section

For any queries or assistance related to the Sanjalpur branch or Bihar Gramin Bank, you can use the following contact details:

• Sanjalpur Branch Phone Number: 9297954577
• Sanjalpur Branch Address: Sanjalpur, SIWAN, 841245, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

FAQs

Here are some common questions about the Bihar Gramin Bank Sanjalpur IFSC code:

Q1: Is PUNB0MBGB06 the only valid IFSC code for Bihar Gramin Bank, Sanjalpur?
A: Yes, PUNB0MBGB06 is the current and only valid IFSC code for the Bihar Gramin Bank, Sanjalpur branch. Following the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank into Bihar Gramin Bank, this unified code is now in use.

Q2: What happens if I use an old IFSC code from Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?
A: If you attempt to use an old IFSC code, your transaction will likely fail. The banking system will not recognize the old code as valid for Bihar Gramin Bank. Always use PUNB0MBGB06 for transactions related to the Sanjalpur branch.

Q3: Who sponsors Bihar Gramin Bank?
A: Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). This sponsorship is also reflected in the initial characters of the IFSC code, “PUNB”.

Q4: Can I find the IFSC code on my passbook or cheque book?
A: Yes, the IFSC code is usually printed on your bank passbook and cheque book. However, it’s always a good idea to confirm it, especially after mergers, to ensure you have the most current and valid code.

Q5: Is the MICR code also important for fund transfers?
A: The MICR (Magnetic Ink Character Recognition) code is primarily used for processing cheques. While important for cheque clearing, it is not directly required for electronic fund transfers like NEFT, RTGS, or IMPS, where the IFSC code is essential.