Bihar Gramin Bank Shampur IFSC Code

In the heart of Shampur, a village nestled in the Siwan district of Bihar, accessing modern banking services is essential for residents and businesses alike. For any digital money transfer, whether it’s sending funds to family, paying bills, or managing business transactions, a specific eleven-character code plays a vital role. This is the Indian Financial System Code, or IFSC code, a unique identifier that ensures your money reaches the correct bank and branch without any errors when you use services like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service). Knowing the correct IFSC code for your branch, like Bihar Gramin Bank in Shampur, is the first step to seamless and secure online banking.

Branch Details

Here are the key details for the Bihar Gramin Bank, Shampur branch:

Bank Name	Bihar Gramin Bank
Branch Name	Shampur
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100654
Branch Address	Shampur, SIWAN, 841226, 9297955865
Contact Number	9297955865
City	SIWAN
District	SIWAN
Reason	SIWAN
Pincode	841226
State	Bihar

Merger Update

For customers of what were previously Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it is important to note a significant change. Both of these regional rural banks have merged to form a single entity: the Bihar Gramin Bank. This new bank operates under the sponsorship of Punjab National Bank. Because of this merger, all branches of the newly formed Bihar Gramin Bank, including the Shampur branch, now use a unified IFSC code: PUNB0MBGB06.

This means that any old IFSC codes associated with Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) are no longer valid for processing transactions. If you try to use an old code, your transfer will likely fail. Always use the new, consolidated IFSC code PUNB0MBGB06 for all your digital fund transfers to or from the Bihar Gramin Bank Shampur branch, or any other branch of Bihar Gramin Bank.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is a unique 11-character code provided by the Reserve Bank of India (RBI) to identify individual bank branches. It is crucial for electronic fund transfers. Understanding its structure can help clarify its purpose:

• The first four characters represent the bank’s name. For example, PUNB in PUNB0MBGB06 stands for Punjab National Bank, the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always ‘0’ (zero). This is kept as a control character for future use by the RBI.
• The last six characters identify the specific branch. In the case of PUNB0MBGB06, ‘MBGB06’ points to the Shampur branch of Bihar Gramin Bank.

This standardized format ensures that every branch in India has a distinct code, preventing errors in online transactions.

How to Use an IFSC Code

Using the IFSC code is a straightforward process when you are making an electronic fund transfer. Here are the steps involved for NEFT, RTGS, or IMPS transactions:

1. Log in to your online banking portal or mobile banking app: Access your bank account using your credentials.
2. Select the type of transfer: Choose between NEFT, RTGS, or IMPS, depending on the amount and urgency of your transfer.
3. Add a new beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary.
4. Enter beneficiary details:
   • Beneficiary’s Name
   • Beneficiary’s Account Number (you will usually need to enter it twice to confirm)
   • Confirming Account Type (Savings, Current, etc.)
   • Beneficiary’s Bank Name (Bihar Gramin Bank)
   • Beneficiary’s Branch Name (Shampur)
   • Beneficiary’s IFSC Code: PUNB0MBGB06
5. Verify details and confirm: Double-check all the information you’ve entered, especially the account number and IFSC code, to ensure accuracy. Any mistake can lead to funds being transferred to the wrong account.
6. Enter the transfer amount: Specify how much money you wish to send.
7. Authenticate the transaction: Complete the transfer using your transaction password or OTP (One-Time Password) as required by your bank.

Once completed, the funds will be processed according to the chosen transfer method.

Benefits of Knowing Your IFSC Code

Having easy access to the correct IFSC code for your bank branch offers several advantages:

• Faster Transfers: Ensures quick processing of online transactions like NEFT, RTGS, and IMPS.
• Accuracy: Minimizes the risk of transferring funds to an incorrect bank or branch.
• Security: Adds an extra layer of validation, enhancing the security of your digital transactions.
• Convenience: Allows you to perform banking operations from anywhere, anytime, without needing to visit the branch.
• Essential for Third-Party Payments: Required when setting up mandates for utility bill payments, loan EMIs, or other recurring deductions.

Contact Information

If you need to get in touch with the Bihar Gramin Bank, Shampur branch, or the head office, here are the relevant contact details:

• Shampur Branch Phone Number: 9297955865
• Shampur Branch Address: Shampur, SIWAN, 841226, Bihar
• Bihar Gramin Bank 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, Shampur branch?

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

Can I still use the old IFSC code for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB)?

No, you cannot. Following the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank into Bihar Gramin Bank, all old IFSC codes from UBGB and DBGB have been revoked. You must use the new unified IFSC code, PUNB0MBGB06, for all transactions involving Bihar Gramin Bank.

What does ‘PUNB’ in the IFSC code PUNB0MBGB06 signify?

The first four characters, ‘PUNB’, indicate that Bihar Gramin Bank is sponsored by Punjab National Bank. This is a common practice for Regional Rural Banks (RRBs) where the sponsoring commercial bank’s code is used as the prefix.

Is the MICR code important for online transfers?

No, the MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. For online fund transfers like NEFT, RTGS, and IMPS, only the IFSC code, beneficiary’s account number, and name are required.

What should I do if my online transfer fails due to an incorrect IFSC code?

If your transfer fails, it’s likely due to an incorrect or outdated IFSC code. First, confirm the correct IFSC code (PUNB0MBGB06 for Shampur branch). Then, update the beneficiary details in your online banking portal with the correct code and retry the transaction. If problems persist, contact your bank’s customer support or the Bihar Gramin Bank’s helpline.