Bihar Gramin Bank SHEOPUR IFSC Code

If you’re looking to send or receive money to the Bihar Gramin Bank SHEOPUR branch in Rohtas, Bihar, understanding its Indian Financial System Code (IFSC) is essential. This unique code acts like a digital address, crucial for secure and efficient fund transfers. Whether you’re using National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS), the correct IFSC code ensures your money reaches the right bank and branch without any issues.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	SHEOPUR
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7392
Branch Address	SHEOPUR, Rohtas, 802204, 9771464392
Contact Number	9771464392
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	802204
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This significant merger streamlined operations and unified banking services under a single entity. As a result, all branches, including SHEOPUR, now operate under a consistent set of IFSC codes, sponsored by Punjab National Bank.

It is crucial to understand that any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank branches are no longer valid for transactions. For the SHEOPUR branch, and indeed for all branches of Bihar Gramin Bank, the current and valid IFSC code is *PUNB0MBGB06*. Always use only this new code for all your NEFT, RTGS, and IMPS transactions. This ensures your money reaches the correct destination safely and efficiently. Using an outdated or incorrect IFSC code could lead to transaction failures or delays.

What is an IFSC Code?

The Indian Financial System Code, or IFSC, is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online money transfers across India. Think of it as a specific address for a bank branch in the digital world of finance.

Here’s how the IFSC code *PUNB0MBGB06* for Bihar Gramin Bank SHEOPUR is structured:

• The first four characters, *PUNB*, indicate the bank name. In this case, it represents Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a *zero* (0). This character is reserved for future use and acts as a control digit.
• The last six characters, *MBGB06*, specifically identify the individual branch. *MBGB* often refers to Madhya Bihar Gramin Bank, which is part of the larger Bihar Gramin Bank structure. *06* is the unique branch code assigned to the SHEOPUR branch.

This structure ensures that each branch has a distinct identifier, preventing confusion during financial transactions.

How to Use an IFSC Code

You will need the correct IFSC code when you want to transfer money online using NEFT, RTGS, or IMPS. Here’s a general guide on how to use it:

For NEFT (National Electronic Funds Transfer):

1. Log in to your bank’s internet banking portal or mobile app.
2. Go to the ‘Fund Transfer’ or ‘Payments’ section.
3. Select ‘NEFT’ as the transfer type.
4. Add a new beneficiary or select an existing one.
5. Enter the beneficiary’s details: name, account number, account type (savings, current), and the correct IFSC code (*PUNB0MBGB06* for SHEOPUR branch).
6. Specify the amount you wish to transfer.
7. Confirm the details and proceed with the transfer.

For RTGS (Real Time Gross Settlement):

1. Access your bank’s internet banking or mobile app.
2. Navigate to the ‘Fund Transfer’ section.
3. Choose ‘RTGS’ for the transfer type.
4. Provide the beneficiary’s name, account number, account type, and the IFSC code (*PUNB0MBGB06*).
5. Enter the transfer amount (RTGS typically has a higher minimum transfer limit).
6. Review all information carefully before authorizing the transaction.

For IMPS (Immediate Payment Service):

1. Open your mobile banking app or internet banking portal.
2. Select ‘IMPS’ for immediate fund transfer.
3. You can transfer funds using either the beneficiary’s Mobile Number and MMID (Mobile Money Identifier) or their Account Number and IFSC code (*PUNB0MBGB06*).
4. Enter the required beneficiary details and the amount.
5. Confirm the transaction. IMPS processes transfers instantly, even on holidays.

Benefits of Knowing Your IFSC Code

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

• Seamless Fund Transfers: It ensures that your online money transfers (NEFT, RTGS, IMPS) are processed smoothly and accurately to the intended recipient.
• Error Prevention: Using the right IFSC code significantly reduces the chances of errors, such as money being sent to the wrong branch or getting stuck due to incorrect details.
• Faster Processing: Correct IFSC codes help in faster processing of transactions, as the banking system can quickly identify the destination branch.
• Security: It adds an extra layer of security and verification, confirming that the transaction is directed to a legitimate and identifiable bank branch.
• Account Reconciliation: Businesses and individuals often need the IFSC code for various financial activities, including salary processing, bill payments, and tax filings.

Contact Information

Should you need to contact the SHEOPUR branch or the head office of Bihar Gramin Bank, here are the details:

• SHEOPUR Branch Phone Number: 9771464392
• SHEOPUR Branch Address: SHEOPUR, Rohtas, 802204, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: What happens if I use an old or incorrect IFSC code for my transaction?

If you use an old or incorrect IFSC code, your transaction will likely fail. The funds will either not be debited from your account, or they will be returned to your account after a short period. It’s crucial to always use the valid and updated IFSC code to ensure successful transfers.

Q2: Is the IFSC code different for NEFT, RTGS, and IMPS transactions?

No, the IFSC code for a specific bank branch remains the same regardless of the type of online fund transfer method (NEFT, RTGS, or IMPS) you choose. You will use *PUNB0MBGB06* for all these services when transacting with the SHEOPUR branch.

Q3: Can I find the IFSC code for the SHEOPUR branch on my passbook or cheque book?

Yes, the IFSC code is typically printed on the first page of your bank passbook and on the cheque leaves of your cheque book. However, with the recent merger, it’s always a good idea to cross-verify the code, especially if your passbook or cheque book was issued before the merger, to ensure you have the most current *PUNB0MBGB06* code.

Q4: Why does the IFSC code start with ‘PUNB’ when the bank name is Bihar Gramin Bank?

Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank (PNB). The ‘PUNB’ prefix in the IFSC code indicates its sponsoring bank, which is a common practice for RRBs. This connection helps in national-level clearing and settlement systems.

Q5: How can I verify that *PUNB0MBGB06* is the correct IFSC code for Bihar Gramin Bank SHEOPUR?

You can verify the IFSC code in several ways: check your bank’s official website, consult your passbook or cheque book (ensure it’s updated), use online IFSC code finder tools from reliable financial sites, or directly contact the SHEOPUR branch or Bihar Gramin Bank’s customer service at 18001807777.