Bihar Gramin Bank Senduari IFSC Code

This article focuses on the Bihar Gramin Bank branch located in Senduari, Vaishali, Bihar. For anyone handling money transfers, understanding the Indian Financial System Code (IFSC) for this branch is essential. This unique 11-character code is vital for secure and efficient online transactions like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). It ensures your money reaches the correct bank and branch without delays.

Bihar Gramin Bank Senduari Branch Details

Here are the key details for the Bihar Gramin Bank Senduari branch:

Bank Name	Bihar Gramin Bank
Branch Name	Senduari
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100171
Branch Address	Senduari, VAISHALI, 844124, 9297955064
Contact Number	9297955064
City	VAISHALI
District	VAISHALI
Reason	HAJIPUR
Pincode	844124
State	Bihar

Merger Update for Bihar Gramin Bank

The Bihar Gramin Bank Senduari branch operates under a consolidated banking structure. Originally known as Bihar Gramin Bank, it merged with Kosi Kshetriya Gramin Bank to form Madhya Bihar Gramin Bank. This new regional rural bank is sponsored by Punjab National Bank.

As a result of this significant merger, all old IFSC codes previously used by Bihar Gramin Bank branches are no longer valid for electronic transactions. For the Senduari branch, the correct and only valid IFSC code to use for any online fund transfer is PUNB0MBGB06. It is crucial to use this updated code to avoid transaction failures or delays.

What is an IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches uniquely in India. It is essential for all electronic fund transfers. The code has a specific structure:

• The first four characters represent the bank name. For PUNB0MBGB06, PUNB stands for Punjab National Bank, the sponsoring bank for Madhya Bihar Gramin Bank.
• The fifth character is always zero (0). This is reserved for future use.
• The last six characters identify the specific branch. For PUNB0MBGB06, MBGB06 points to the Senduari branch under Madhya Bihar Gramin Bank.

This unique code ensures that your funds are directed accurately to the intended recipient’s bank and branch, even if they are in a different city or state.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code is a straightforward process when you want to send money electronically. Here’s how it works for common transfer methods:

• NEFT (National Electronic Funds Transfer): This system allows funds to be transferred in batches throughout the day. When initiating an NEFT transfer through your bank’s online portal or mobile app, you will need to provide the beneficiary’s name, account number, account type, and the IFSC code (PUNB0MBGB06 for Senduari branch). The funds are typically credited within a few hours during banking hours.
• RTGS (Real Time Gross Settlement): RTGS is designed for high-value transactions, typically for amounts of 2 lakh rupees or more. Transfers are processed individually and in real-time. Similar to NEFT, you’ll need the beneficiary’s name, account number, and the specific IFSC code (PUNB0MBGB06) of the Senduari branch. Funds are credited almost instantly.
• IMPS (Immediate Payment Service): IMPS offers instant, 24/7 fund transfers, even on holidays. It’s often used for smaller, urgent transfers. To send money via IMPS, you will input the beneficiary’s mobile number and MMID (Mobile Money Identifier) or their account number and IFSC code (PUNB0MBGB06).

Always double-check the IFSC code, account number, and beneficiary name before confirming any transaction to prevent errors.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for the Bihar Gramin Bank Senduari branch offers several advantages:

• Accurate Fund Transfers: It ensures that money reaches the correct bank and specific branch, minimizing the risk of errors.
• Faster Processing: Correct IFSC codes help speed up the processing of NEFT, RTGS, and IMPS transactions.
• Online Banking Convenience: Enables hassle-free electronic transactions from your home or office, without visiting the bank.
• Security: Helps maintain the security of financial transactions by uniquely identifying each bank branch.
• Wider Reach: Facilitates inter-bank transfers across the vast network of banks and branches throughout India.

Contact Information

For inquiries related to the Senduari branch or Madhya Bihar Gramin Bank, you can use the following contact details:

• Senduari Branch Phone Number: 9297955064
• Senduari Branch Address: Senduari, VAISHALI, 844124, Bihar
• Madhya Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number for Madhya Bihar Gramin Bank: 18001807777

Frequently Asked Questions (FAQs)

Q1: What is the IFSC code for Bihar Gramin Bank Senduari branch?

The IFSC code for the Bihar Gramin Bank Senduari branch, now operating under Madhya Bihar Gramin Bank, is PUNB0MBGB06.

Q2: Can I use an old IFSC code for Bihar Gramin Bank for transactions?

No, you should not use any old IFSC codes for Bihar Gramin Bank. Following the merger that formed Madhya Bihar Gramin Bank, only the new IFSC code, PUNB0MBGB06, is valid for electronic transactions at the Senduari branch.

Q3: Is the Senduari branch still open and functional?

Yes, the Senduari branch is fully functional and continues to provide banking services. It now operates as a branch of Madhya Bihar Gramin Bank.

Q4: What should I do if my transaction fails due to an incorrect IFSC code?

If your transaction fails, it is often due to an incorrect IFSC code. Please double-check that you are using PUNB0MBGB06 for the Senduari branch. If the problem persists, contact the branch directly at 9297955064 or the bank’s toll-free number.

Q5: Who sponsors Madhya Bihar Gramin Bank?

Madhya Bihar Gramin Bank, under which the Senduari branch operates, is sponsored by Punjab National Bank (PNB).