The Bihar Gramin Bank branch at SP IMAMGANJ is located in Arwal, Bihar. For any online money transfers to this branch, you will need its unique Indian Financial System Code (IFSC). This 11-character code is essential for directing funds correctly through systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Using the right IFSC code ensures your transaction is fast, secure, and reaches the intended bank account without any errors.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | SP IMAMGANJ |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | SP IMAMGANJ, Arwal, 804426, 9771464123 |
| Contact Number | 9771464123 |
| City | Arwal |
| District | Arwal |
| Region | AURANGABAD |
| Pincode | 804426 |
| State | Bihar |
Important Merger Update
Bihar Gramin Bank was formed through the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). After this amalgamation, a new, unified IFSC code structure was introduced under the sponsor bank, Punjab National Bank (PNB).
As a result, all old IFSC codes belonging to the former Dakshin Bihar Gramin Bank or Uttar Bihar Gramin Bank are now invalid and have been discontinued. For any transaction to the SP IMAMGANJ branch or any other Bihar Gramin Bank branch, you must use the new IFSC code format, which starts with ‘PUNB’. The correct and valid code for this branch is PUNB0MBGB06.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the electronic funds transfer system. It acts like a specific address for a bank branch, ensuring money is routed correctly.
The structure of the IFSC code PUNB0MBGB06 can be broken down as follows:
- PUNB: The first four alphabetic characters represent the bank. In this case, ‘PUNB’ stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
- 0: The fifth character is always a zero. It is reserved for future use.
- MBGB06: The last six characters represent the specific branch code. Here, ‘MBGB06’ identifies the SP IMAMGANJ branch.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for an online money transfer is a straightforward process. Whether you are using a mobile banking app or an internet banking website, the steps are generally the same.
- Log into Your Bank Account: Access your net banking portal or mobile banking application.
- Navigate to Fund Transfer: Select the type of transfer you want to make, such as NEFT, RTGS, or IMPS.
- Add Beneficiary Details: You will be prompted to add the recipient’s details. This includes their full name, bank account number, and the IFSC code of their bank branch.
- Enter the Correct IFSC: In the IFSC field, carefully enter PUNB0MBGB06 for the SP IMAMGANJ branch.
- Verify and Confirm: Double-check all the details, especially the account number and IFSC code, before confirming the transaction with your password or PIN.
Benefits of Using the Correct IFSC Code
Knowing and using the correct IFSC code is crucial for several reasons:
- Accurate Fund Routing: It ensures that your money is sent to the exact bank and branch you intend, eliminating confusion.
- Prevents Transaction Failure: An incorrect IFSC code is a common reason for failed transactions. Using the right one ensures a smooth process.
- Enables Faster Processing: The automated systems used for NEFT, RTGS, and IMPS rely on the IFSC to process transfers quickly and efficiently.
- Reduces Manual Errors: The code standardizes branch identification, reducing the risk of errors that could occur with manual sorting.
Contact Information
For direct assistance, you can contact the branch or the bank’s head office.
- Branch Phone Number: 9771464123
- Branch Address: SP IMAMGANJ, Arwal, Bihar – 804426
- Head Office Address: Bihar Gramin Bank, SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 1800-180-7777
Frequently Asked Questions
- Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
- The first four letters of the IFSC code represent the sponsor bank. Since Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank after the merger, the code starts with ‘PUNB’.
- Can I still use my old Dakshin Bihar Gramin Bank (DBGB) IFSC code?
- No. All IFSC codes from the pre-merger Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank are now invalid. You must use the new codes starting with ‘PUNB’ for all transactions.
- What is the difference between an IFSC code and a MICR code?
- An IFSC code is used for online electronic fund transfers like NEFT and RTGS. A MICR (Magnetic Ink Character Recognition) code, like 800811002 for this branch, is a 9-digit code used primarily for processing cheques.
- What happens if I enter the wrong IFSC code?
- If you enter an invalid IFSC code, the transaction will likely be rejected by your bank. If you enter a valid but incorrect IFSC code (for a different branch), the funds could be delayed or, in rare cases, credited to a wrong account if the account number also matches at that branch. It is crucial to double-check the code.
- Is the IFSC code the same for all branches of Bihar Gramin Bank?
- No. While the first five characters (PUNB0) are common for all Bihar Gramin Bank branches, the last six characters are unique to each specific branch. For example, the code for the SP IMAMGANJ branch is MBGB06, but another branch will have a different six-character identifier.
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.