Bihar Gramin Bank Sikta IFSC Code

The Bihar Gramin Bank branch in Sikta serves the community in the West Champaran district of Bihar. When you need to transfer funds electronically, such as through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), a unique code called the Indian Financial System Code, or IFSC, is essential. This code ensures your money reaches the correct bank and branch without errors, making your transactions safe and efficient.

Bihar Gramin Bank Sikta Branch Details

Here are the complete details for the Bihar Gramin Bank Sikta branch:

Bank Name	Bihar Gramin Bank
Branch Name	Sikta
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100199
Branch Address	Sikta, WEST CHAMPARAN, 845307, 9297954098
Contact Number	9297954098
City	WEST CHAMPARAN
District	WEST CHAMPARAN
Reason	BETTIAH
Pincode	845307
State	Bihar

Merger Update

Bihar Gramin Bank is a Regional Rural Bank sponsored by Punjab National Bank. For the Sikta branch, the IFSC code is PUNB0MBGB06. It is important to note that if this branch previously belonged to Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), these banks have merged. All operations now come under the new unified structure. This means that old IFSC codes from UBGB or DBGB are no longer valid for transactions. You must use the new, active IFSC code PUNB0MBGB06 for all your fund transfers to this branch.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code. It uniquely identifies every bank branch in India participating in the NEFT and RTGS systems. Understanding its structure helps in verifying its authenticity.

• The first four characters represent the bank’s name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always ‘0’ (zero). This is reserved for future use and acts as a control character.
• The last six characters identify the specific branch. In this case, “MBGB06” identifies the Sikta branch of Bihar Gramin Bank.

This unique combination ensures that your funds are directed to the precise bank and branch you intend.

How to Use the IFSC Code

Using the IFSC code correctly is vital for any electronic fund transfer. Here are the steps involved when performing an NEFT, RTGS, or IMPS transaction:

1. Gather Beneficiary Details: You will need the recipient’s name, their bank account number, and the bank branch’s IFSC code.
2. Log in to Your Banking Platform: Access your online banking portal or mobile banking app. If you are doing an offline transfer, visit your bank branch.
3. Select Transfer Type: Choose whether you want to initiate an NEFT, RTGS, or IMPS transfer. Each has different timings and transaction limits.
4. Add Beneficiary: If you haven’t transferred to this account before, you will need to add the beneficiary. Enter the beneficiary’s name, account number, and the IFSC code (PUNB0MBGB06 for Sikta branch).
5. Verify Details: Double-check all the information you have entered. A wrong IFSC code could lead to delays or, in rare cases, funds being credited to a wrong account.
6. Enter Amount and Confirm: Input the amount you wish to transfer and confirm the transaction. You will typically receive a confirmation message or email after the transfer is successful.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for any branch you wish to send money to, offers several benefits:

• Accurate Fund Transfers: It ensures that your money goes to the correct recipient bank and branch, minimizing errors.
• Faster Transactions: IFSC codes enable quick processing of NEFT, RTGS, and IMPS transactions, speeding up financial transfers.
• Enhanced Security: The unique identification helps in preventing fraudulent activities by accurately routing funds.
• Convenience: You can easily perform online fund transfers from anywhere, at any time, without needing to visit a bank branch physically.
• Required for Digital Payments: It is a mandatory detail for setting up various online payment mandates and recurring payments.

Contact Information

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

• Sikta Branch Phone Number: 9297954098
• Sikta Branch Address: Sikta, WEST CHAMPARAN, 845307
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: What does IFSC stand for?
A: IFSC stands for Indian Financial System Code. It is an 11-character code used to identify bank branches for electronic fund transfers.

Q2: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A: No, the IFSC code is unique for each individual bank branch. While the first few characters identify the bank (e.g., PUNB0 for Bihar Gramin Bank sponsored by PNB), the last six characters are specific to a particular branch like Sikta (MBGB06).

Q3: What happens if I use an incorrect IFSC code during a transaction?
A: If you enter an incorrect IFSC code, your transaction might fail. The banking system relies on this code to route funds correctly. In some cases, if the incorrect code belongs to an actual branch, your funds could be credited to the wrong account, making recovery difficult.

Q4: Can I use old IFSC codes for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?
A: No, if this branch was previously under Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), their old IFSC codes are now invalid. You must use the new, unified IFSC code, which is PUNB0MBGB06 for the Sikta branch, for all electronic transactions.

Q5: Is the IFSC code required for cash deposits or withdrawals?
A: No, the IFSC code is primarily for electronic fund transfers like NEFT, RTGS, and IMPS. You do not need it for cash deposits or withdrawals at the branch itself, or for using an ATM.