Bihar Gramin Bank Sarsi IFSC Code

Welcome to Sarsi, a vibrant area in the Purnia district of Bihar. When you need to send or receive money electronically, understanding a few key banking codes is essential. The IFSC code is one such critical piece of information. It acts like a unique digital address for every bank branch in India, making sure your funds go to the correct recipient. Whether you are using NEFT, RTGS, or IMPS for your fund transfers, having the right IFSC code prevents delays and ensures your transactions are smooth and secure.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Sarsi
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100718
Branch Address	Sarsi, PURNIA, 854306, 9297954168
Contact Number	9297954168
City	PURNIA
District	PURNIA
Pincode	854306
State	Bihar

Merger Update

For customers of regional rural banks in Bihar, it is important to be aware of recent banking structural changes. If your branch previously belonged to Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), these entities have merged. They now operate under a unified structure and use a consolidated IFSC code. Specifically, the IFSC code PUNB0MBGB06 is now the valid code for transactions, especially for branches under the Punjab National Bank sponsorship. This means any old UBGB or DBGB IFSC codes are no longer valid for electronic fund transfers. Always use the new and valid IFSC code PUNB0MBGB06 for all your financial transactions to ensure they are processed correctly.

What is an IFSC Code?

The Indian Financial System Code, or IFSC, is an eleven-character alphanumeric code. It uniquely identifies every bank branch participating in online money transfers in India. Think of it as a specific address for each branch. This code is structured in a clear way:

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

This standardized format helps ensure that funds are directed precisely to the intended branch, reducing errors in electronic transactions.

How to Use an IFSC Code

Using the IFSC code is a straightforward process when you are making electronic fund transfers. Here’s how it works for common methods like NEFT, RTGS, and IMPS:

1. Gather Recipient Details: Before starting your transaction, you will need the recipient’s full name, account number, account type (savings or current), and their bank’s IFSC code.
2. Access Your Banking Platform: Log in to your net banking portal or mobile banking app.
3. Navigate to Fund Transfer: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
4. Add a New Beneficiary: If you are sending money to someone for the first time, you will need to add them as a new beneficiary. This involves entering all their details, including the IFSC code (e.g., PUNB0MBGB06).
5. Enter Transaction Details: Once the beneficiary is added (or if they are already an existing one), select them, enter the amount you wish to transfer, and specify the transaction type (NEFT, RTGS, or IMPS).
6. Confirm and Authorize: Review all the details carefully to ensure accuracy. Then, authorize the transaction, usually with an OTP (One-Time Password) or transaction PIN.

Always double-check the IFSC code before confirming a transfer. An incorrect code could lead to delays or, in rare cases, funds being sent to the wrong account.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or the branch you are sending money to, offers several important benefits:

• Error Prevention: It ensures that your electronic fund transfers go to the correct bank and specific branch, significantly reducing the chance of transaction errors.
• Faster Transfers: With the correct IFSC, NEFT, RTGS, and IMPS transactions are processed smoothly and quickly, ensuring funds reach the recipient without unnecessary delays.
• Seamless Online Banking: It’s a mandatory requirement for setting up beneficiaries and initiating online transfers, making your digital banking experience complete.
• Security: By precisely identifying the destination branch, the IFSC code adds a layer of security to your financial transactions, minimizing the risk of fraud.
• Convenience: Having the IFSC handy avoids the need to search for it every time you need to make a transfer, saving you time and effort.

Contact Information

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

• Branch Phone Number: 9297954168
• Branch Address: Sarsi, PURNIA, 854306, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

What is the IFSC code for Bihar Gramin Bank Sarsi branch?

The IFSC code for Bihar Gramin Bank, Sarsi branch, is PUNB0MBGB06.

Is the IFSC code unique to each branch?

Yes, each bank branch participating in electronic fund transfers in India has a unique IFSC code. This ensures that money is routed to the exact branch intended.

Can I use an old IFSC code if a bank has merged?

No, if a bank or branches have merged, it is crucial to use the new, updated IFSC code. Old codes become invalid for transactions, and using them can lead to transaction failure or delays.

What services require an IFSC code?

An IFSC code is required for all major electronic fund transfer services including National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). It is also needed when adding new beneficiaries for online transfers.

What does “PUNB” in PUNB0MBGB06 signify?

“PUNB” represents Punjab National Bank, which is the sponsor bank for Madhya Bihar Gramin Bank, the entity to which this IFSC code belongs.