Bihar Gramin Bank SIKARIA IFSC Code

The Bihar Gramin Bank’s SIKARIA branch, located in Patna, Bihar, plays a vital role in local banking. To move money electronically, whether you are sending funds to family, paying bills, or handling business transactions, you will need the Indian Financial System Code, or IFSC. This unique code is essential for various digital payment systems like NEFT, RTGS, and IMPS, ensuring your money reaches the correct bank and branch without issues.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	SIKARIA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7325
Branch Address	SIKARIA, Patna, 801110, 9771464325
Contact Number	9771464325
City	Patna
District	Patna
Pincode	801110
State	Bihar

Merger Update

The Bihar Gramin Bank, SIKARIA branch, now uses a unified IFSC code due to a series of mergers among regional rural banks. For example, banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged into larger entities, which eventually led to the current structure under Punjab National Bank sponsorship. As a result, all branches operating under this consolidated structure, including Bihar Gramin Bank, SIKARIA, now use the single IFSC code PUNB0MBGB06. It is important to know that any old IFSC codes previously used by banks like UBGB or DBGB have been revoked. Only the new unified IFSC code, PUNB0MBGB06, is valid for all financial transactions.

What is IFSC Code?

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

The code follows a specific structure:

• 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 “0” (zero). This is a control character reserved for future use.
• The last six characters identify the specific branch. In this case, “MBGB06” refers to a particular branch under the structure of the erstwhile Madhya Bihar Gramin Bank, which Bihar Gramin Bank is part of, corresponding to the SIKARIA branch.

How to Use IFSC Code

You will need the IFSC code for various electronic fund transfer methods. Here’s how it’s typically used:

For NEFT (National Electronic Funds Transfer):

1. Log in to your bank’s net banking portal or mobile banking 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 IFSC code (PUNB0MBGB06) of their bank branch.
6. Enter the amount you want to transfer.
7. Confirm the transaction with your password or PIN.

For RTGS (Real Time Gross Settlement):

1. RTGS is for large-value transfers. The process is similar to NEFT.
2. Log in to your bank’s online platform.
3. Choose “RTGS” for your fund transfer.
4. Provide the beneficiary’s name, account number, account type, and the IFSC code (PUNB0MBGB06).
5. Input the transfer amount (typically above Rs. 2 lakh for RTGS).
6. Authorize the payment.

For IMPS (Immediate Payment Service):

1. IMPS allows instant, 24/7 transfers.
2. Access IMPS through your mobile banking app or internet banking.
3. You can transfer funds using the beneficiary’s account number and IFSC code (PUNB0MBGB06), or sometimes just their mobile number and MMID (Mobile Money Identifier).
4. Enter the amount and confirm the transaction.

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 advantages:

• Accurate Transfers: It ensures your money goes to the correct recipient bank and branch, preventing delays or failed transactions.
• Faster Transactions: Essential for real-time and near real-time transfers like IMPS and NEFT.
• Online Banking Convenience: Allows you to perform secure and efficient digital payments from anywhere.
• Security: Helps in validating the recipient’s bank details, adding a layer of security to financial transactions.
• Mandatory for Digital Payments: It is a compulsory requirement for NEFT, RTGS, and IMPS transactions.

Contact Section

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

• Branch Phone Number: 9771464325
• Branch Address: SIKARIA, Patna, 801110, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Q1: Is the IFSC code the same for all branches of Bihar Gramin Bank?

A: No, each individual bank branch has its own unique IFSC code. While the first few characters related to the bank might be common, the last six characters (the branch code) will differ for each branch. For the SIKARIA branch, the code is PUNB0MBGB06.

Q2: What happens if I enter the wrong IFSC code during a transaction?

A: If you enter an incorrect IFSC code, the transaction will likely fail or be rejected by the system. The money will generally not be deducted from your account, or it will be reversed. Always double-check the IFSC code to ensure the transfer goes through smoothly.

Q3: Do I need an IFSC code for cash deposits or withdrawals at the branch?

A: No, the IFSC code is primarily for electronic fund transfers. You do not need it for physical cash deposits or withdrawals made directly at a bank branch counter or through an ATM.

Q4: How can I find the IFSC code for another bank branch?

A: You can find IFSC codes on the bank’s official website, on your cheque book, or through various reliable third-party financial websites. You can also contact the bank’s customer service.

Q5: Is the MICR code the same as the IFSC code?

A: No, the MICR (Magnetic Ink Character Recognition) code is different from the IFSC code. The MICR code is a 9-digit numerical code used mainly for processing cheques and clearing purposes. The IFSC code, an 11-character alphanumeric code, is for electronic fund transfers. For the SIKARIA branch, the MICR code is 800811002.