Bihar Gramin Bank Simrahi Bazar IFSC Code

The Bihar Gramin Bank branch located in Simrahi Bazar, within the Supaul district of Bihar, plays an important role in the local economy. When you need to transfer money digitally, whether to or from this branch, understanding the Indian Financial System Code (IFSC) is essential. The IFSC code acts as a unique identifier for bank branches across India, making online fund transfers like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service) secure and efficient.

Branch Details

Here are the complete details for the Bihar Gramin Bank, Simrahi Bazar branch:

Bank Name	Bihar Gramin Bank
Branch Name	Simrahi Bazar
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100867
Branch Address	Simrahi Bazar, SUPAUL, 852127, 9297954273
Contact Number	9297954273
City	SUPAUL
District	SUPAUL
Reason (Administrative Grouping)	SAHARSA
Pincode	852127
State	Bihar

Merger Update

Bihar Gramin Bank was established following the merger of two prominent regional rural banks: Uttar Bihar Gramin Bank and Madhya Bihar Gramin Bank. This consolidated entity now operates under the sponsorship of Punjab National Bank. If you previously held an account or performed transactions with an older IFSC code linked to Uttar Bihar Gramin Bank or even Dakshin Bihar Gramin Bank for the Simrahi Bazar area, please be aware that those older IFSC codes are now revoked and no longer valid. For all financial transactions, including NEFT, RTGS, and IMPS, involving the Bihar Gramin Bank Simrahi Bazar branch, you must use the new and officially valid IFSC code: PUNB0MBGB06.

What is an IFSC Code?

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

The structure of the IFSC code is straightforward:

• The first four characters represent the bank’s name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank. The “MBGB” part indicates Madhya Bihar Gramin Bank, which was part of the merger forming Bihar Gramin Bank.
• The fifth character is always a ‘0’ (zero). This character is reserved for future use.
• The last six characters identify the specific bank branch. In our example, “MBGB06” points directly to the Simrahi Bazar branch.

How to Use the IFSC Code

Using the IFSC code is a key part of making secure online fund transfers. Here’s a step-by-step guide for common methods like NEFT, RTGS, and IMPS:

1. Log In: Access your online banking portal or mobile banking app.
2. Select Transfer Type: Choose the type of transfer you want to make (NEFT, RTGS, or IMPS).
3. Add Beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. This usually involves providing:
   • Beneficiary Name (the person’s name)
   • Beneficiary Account Number (the recipient’s bank account number)
   • Confirm Beneficiary Account Number
   • Beneficiary Bank Name (e.g., Bihar Gramin Bank)
   • Beneficiary Branch Name (e.g., Simrahi Bazar)
   • The specific IFSC Code for that branch (in this case, PUNB0MBGB06)
4. Enter Amount: Specify the amount of money you wish to transfer.
5. Confirm Details: Always double-check all the entered information, especially the account number and IFSC code, before confirming the transaction. Mistakes can lead to funds being sent to the wrong account.
6. Authenticate: Complete the transfer using your transaction password or OTP (One Time Password).

Benefits of Knowing Your IFSC Code

Having the correct IFSC code at hand offers several practical advantages:

• Secure Transactions: It ensures your money goes to the correct bank and branch, minimizing errors during online transfers.
• Faster Transfers: It is crucial for instant transfer systems like IMPS and fast processing for NEFT and RTGS.
• Unique Identification: Each branch has a distinct code, removing ambiguity in transactions.
• Required for Digital Banking: Essential for setting up beneficiaries and initiating most online fund transfers.
• Ease of Access: Easily found on bank passbooks, cheque books, and bank websites.

Contact Information

For any inquiries or assistance related to the Bihar Gramin Bank Simrahi Bazar branch or its services, you can use the following contact details:

• Branch Phone Number: 9297954273
• Branch Address: Simrahi Bazar, SUPAUL, 852127
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (for general inquiries): 18001807777

Frequently Asked Questions (FAQs)

Q1: What is the full name of the bank associated with the IFSC code PUNB0MBGB06?
A1: The IFSC code PUNB0MBGB06 belongs to Bihar Gramin Bank. The ‘PUNB’ part indicates its sponsor bank, Punjab National Bank, while ‘MBGB’ relates to the legacy Madhya Bihar Gramin Bank, which merged to form Bihar Gramin Bank.

Q2: Can I use an old Uttar Bihar Gramin Bank IFSC code for the Simrahi Bazar branch?
A2: No, you cannot. Following the merger that formed Bihar Gramin Bank, all old IFSC codes for the erstwhile Uttar Bihar Gramin Bank or Madhya Bihar Gramin Bank branches (including Simrahi Bazar) are no longer valid. You must use the new code, PUNB0MBGB06, for this specific branch.

Q3: Is the IFSC code PUNB0MBGB06 applicable to all Bihar Gramin Bank branches?
A3: No, the IFSC code PUNB0MBGB06 is specific only to the Bihar Gramin Bank, Simrahi Bazar branch. While the first four characters (‘PUNB’) and part of the next three (‘MBGB’) might be common for many Bihar Gramin Bank branches due to the sponsor and merger, the last six characters (‘0MBGB06’) are unique to each individual branch. Always use the exact IFSC code for the specific branch you intend to transact with.

Q4: What is the MICR code for Bihar Gramin Bank Simrahi Bazar branch used for?
A4: The MICR (Magnetic Ink Character Recognition) code for the Simrahi Bazar branch is 800811002. This nine-digit code is primarily used for processing paper-based transactions, specifically cheques. It helps in faster and error-free clearance of cheques by identifying the bank and branch.

Q5: Where can I find the IFSC code for my Bihar Gramin Bank account?
A5: You can easily find your branch’s IFSC code on your bank’s cheque book, your passbook, or your bank statement. It is also available on the official website of Bihar Gramin Bank or by contacting your branch directly.