The Sultanganj branch of Bihar Gramin Bank is located in the Bhagalpur district of Bihar. For anyone looking to send or receive money through this branch, understanding its unique codes is essential. The Indian Financial System Code (IFSC) is a critical piece of information required for all online fund transfers, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). This code acts as a specific address, ensuring that your money is routed securely and accurately to the correct bank branch.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Sultanganj |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | Sultanganj, Bhagalpur, 813213 |
| Contact Number | 8102918744 |
| City | Bhagalpur |
| District | Bhagalpur |
| Pincode | 813213 |
| State | Bihar |
Important Merger Information
Previously, banking services in the region were provided by two separate entities: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since been amalgamated to form a single entity, now known as Bihar Gramin Bank. This new bank is sponsored by Punjab National Bank (PNB).
As a result of this merger, all old IFSC codes belonging to the former UBGB and DBGB branches have been revoked and are no longer valid. For all transactions, customers must use the new IFSC code, which starts with ‘PUNB’. For the Sultanganj branch, the only correct IFSC code is PUNB0MBGB06.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code that uniquely identifies a bank branch participating in the NEFT system. The code is structured to provide specific information about the bank and its branch.
Let’s break down the IFSC code for the Sultanganj branch, PUNB0MBGB06:
- PUNB: The first four alphabetic characters represent the sponsor bank, which is Punjab National 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 of Bihar Gramin Bank.
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 NEFT, RTGS, or IMPS, the steps are generally the same.
- Log in to your internet banking portal or mobile banking application.
- Navigate to the ‘Fund Transfer’ section and choose ‘Add Beneficiary’ or ‘Add Payee’.
- Enter the recipient’s account details, including their name and account number.
- When prompted for the IFSC code, carefully enter PUNB0MBGB06 for the Bihar Gramin Bank, Sultanganj branch.
- The system will automatically verify the code and display the branch details for confirmation.
- Once the beneficiary is added, you can initiate the fund transfer.
Benefits of Using the Correct IFSC Code
- Accuracy: It ensures your money is sent to the exact intended bank branch, eliminating transfer errors.
- Security: The code is a key part of the security framework for digital payments, preventing misdirected funds.
- Speed: Correct codes enable automated processing, which makes transfers via NEFT, RTGS, and IMPS fast and efficient.
- Reliability: Using the valid IFSC code minimizes the risk of transaction failures or delays.
Contact Information
For direct assistance, you can reach out to the branch or the head office.
Branch Contact
- Phone Number: 8102918744
- Address: Sultanganj, Bhagalpur, Bihar – 813213
Head Office Contact
- Toll-Free Number: 18001807777
- Address: Shri Vishnu Commercial Complex, Asochak, Patna, Bihar – 800030
Frequently Asked Questions
1. Is Bihar Gramin Bank the same as Dakshin Bihar Gramin Bank?
Yes, Bihar Gramin Bank was formed by merging Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank. It now operates as a single entity under the sponsorship of Punjab National Bank.
2. Can I still use my old DBGB IFSC code for transactions?
No, all old IFSC codes from Dakshin Bihar Gramin Bank (and Uttar Bihar Gramin Bank) are invalid. You must use the new IFSC code, PUNB0MBGB06, for the Sultanganj branch to ensure your transactions are processed.
3. What is a MICR code?
MICR stands for Magnetic Ink Character Recognition. It is a 9-digit code found on the bottom of cheques used to identify the bank and branch for faster, automated cheque processing. The MICR code for this branch is 800811002.
4. Why does the IFSC code start with ‘PUNB’ instead of something related to Bihar Gramin Bank?
The first four letters of the IFSC code identify the sponsor bank. Since Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank, the code begins with ‘PUNB’.
5. What are the transfer limits and timings for NEFT and RTGS?
NEFT transactions can be done 24/7 with no minimum or maximum limit (though individual banks may set their own caps). RTGS is typically used for high-value transfers (minimum ₹2 lakh) and is also available 24/7.
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.