Bihar Gramin Bank Singhaso IFSC Code

Singhaso is a village in the Madhubani district of Bihar (PIN 847122). This page lists the Bihar Gramin Bank branch details for Singhaso and explains how to use its IFSC code for electronic fund transfers. The IFSC code is required when sending money through NEFT, RTGS, or IMPS. It tells the sending bank which bank and which exact branch will receive the funds. Using the correct IFSC speeds transfers and reduces the risk of failed or misrouted transactions.

Branch Details

Merger Update

The regional gramin banks in Bihar underwent consolidation. If this Singhaso branch previously operated under Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), both entities have been merged and now operate under Punjab National Bank for electronic clearing. The single valid IFSC for branches converted in that exercise is PUNB0MBGB06. Old UBGB/DBGB IFSC codes have been revoked. Use only the new IFSC for NEFT, RTGS and IMPS transactions.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character code used by banks in India to route electronic payments. The structure is:

• First 4 characters: Bank code (alphabetic). Example: PUNB = Punjab National Bank.
• 5th character: Always 0 (reserved).
• Last 6 characters: Branch identifier (alphanumeric). Example: MBGB06 in PUNB0MBGB06.

How to Use the IFSC Code (NEFT / RTGS / IMPS)

Follow these steps to transfer funds:

• Open your bank’s netbanking or mobile app, or visit a branch.
• Choose the transfer type: NEFT, RTGS, or IMPS. (NEFT: no minimum; RTGS: typically for large value—commonly Rs. 2,00,000 and above; IMPS: instant, bank-specific limits apply.)
• Select “Add Beneficiary” or “New Payee.”
• Enter beneficiary name and account number exactly as provided.
• Enter the IFSC: PUNB0MBGB06 (for Singhaso branch).
• Save the beneficiary. Complete bank-required authentication (OTP or transaction password).
• Initiate the transfer by selecting the saved beneficiary, entering amount and purpose, and authorizing the transaction.
• Note the transaction reference. Check beneficiary bank for credit confirmation. IMPS and NEFT are usually fast; RTGS is real-time for high-value payments.

Always double-check account number and IFSC before confirming. A wrong IFSC can delay or reject the transfer.

Benefits of Knowing the IFSC

• Ensures funds reach the correct bank branch quickly.
• Required to add beneficiaries for NEFT, RTGS and IMPS.
• Reduces the chance of rejected transactions and refunds.
• Helps customer service locate transactions using branch code and MICR.
• Makes bulk and automated payments reliable (salaries, vendor payments).

Contact

Branch Phone: 9297954890
Branch Address: Singhaso, MADHUBANI, 847122
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777

FAQs

• Q: How can I confirm this IFSC is correct?

  A: Confirm the IFSC from the branch passbook, cheque leaf, or by calling the branch at 9297954890. Also verify the head office toll-free number if in doubt.

• Q: What happens if I use a wrong IFSC but the correct account number?

  A: If the IFSC points to a different bank, the transfer will likely fail or be returned. If the IFSC points to a valid branch but the account number is wrong, funds may be credited to the wrong account. Contact your bank immediately to trace and recover funds.

• Q: Can IFSC codes change after mergers?

  A: Yes. When banks merge, branch IFSCs can be reissued. As noted, UBGB/DBGB branches now use PUNB0MBGB06. Old codes were revoked. Always use the current IFSC provided by the bank.

• Q: What is the difference between IFSC and MICR?

  A: IFSC routes electronic payments between banks. MICR (Magnetic Ink Character Recognition) is used for processing physical cheques and clearing. Example: MICR for Singhaso branch is 800811002.

• Q: How long do NEFT, RTGS and IMPS transfers take?

  A: IMPS is immediate (real-time). RTGS is real-time for eligible transactions; usually used for high-value transfers. NEFT processes in hourly batches (many banks now offer near real-time NEFT). Exact timing depends on both banks’ cutoffs and operational windows.

Kriti Kumari

Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.