If you’re looking to send money digitally to or from the Bihar Gramin Bank’s Tajpur Road branch in Samastipur, Bihar, understanding its IFSC code is essential. This unique code acts like a digital address, ensuring your funds reach the correct bank and branch without any issues. Whether you’re making a payment through NEFT, RTGS, or IMPS, having the right IFSC code is the first step for a smooth and secure transaction.
Branch Details
Here are the key details for the Bihar Gramin Bank, Tajpur Road branch:
| Bank Name | Bihar Gramin Bank |
| Branch Name | Tajpur Road |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 3955 |
| Branch Address | Tajpur Road, Samastipur, 848101 |
| Contact Number | 9955997805 |
| City | Samastipur |
| District | Samastipur |
| Pincode | 848101 |
| State | Bihar |
Merger Update
Previously, several regional rural banks in Bihar, such as Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), operated with their own distinct IFSC codes. Following a significant merger and restructuring, these banks, along with others in the region, now function under a unified framework sponsored by Punjab National Bank. This means that for banks like Bihar Gramin Bank, a standardized IFSC code, such as PUNB0MBGB06, is now in use.
It is very important to note that any old IFSC codes previously associated with UBGB or DBGB have been revoked. These older codes are no longer valid for initiating fund transfers. To ensure your transactions are successful and your money reaches the correct destination, you must always use the new and valid IFSC code, which is PUNB0MBGB06 for the Tajpur Road branch.
What is an IFSC Code?
An IFSC, or Indian Financial System Code, is an 11-character alphanumeric code. It uniquely identifies every bank branch in India that participates in online money transfers. Think of it like a specific address for digital financial transactions.
The code is structured in a clear way:
- The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
- The fifth character is always a zero (0). This character is reserved for future use.
- The last six characters identify the specific branch. In this case, “MBGB06” points to a particular branch under the Madhya Bihar Gramin Bank structure, which is now part of the broader unified system.
How to Use the IFSC Code
You will need the IFSC code when you want to send money using digital transfer methods like NEFT, RTGS, or IMPS. Here’s a general guide:
For NEFT (National Electronic Funds Transfer):
- Log in to your bank’s online banking portal or mobile app.
- Go to the ‘Fund Transfer’ or ‘Payments’ section.
- Select ‘NEFT’ as the transfer type.
- Add a new beneficiary. You will need the beneficiary’s account number, account holder’s name, and the branch’s IFSC code (PUNB0MBGB06).
- Enter the amount you wish to send and confirm the transaction.
For RTGS (Real Time Gross Settlement):
- Access your online banking or mobile app.
- Choose ‘RTGS’ from the fund transfer options.
- Enter the beneficiary details: account number, name, and the IFSC code (PUNB0MBGB06).
- Input the transfer amount. RTGS is typically used for larger value transactions.
- Review and confirm the payment.
For IMPS (Immediate Payment Service):
- Open your bank’s mobile banking app or internet banking.
- Select ‘IMPS’ as the payment mode.
- Provide the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their account number and the IFSC code (PUNB0MBGB06).
- Enter the amount. IMPS offers instant transfers 24/7.
- Verify the details and proceed with the transfer.
Always double-check the IFSC code, account number, and beneficiary name before confirming any transfer to avoid errors.
Benefits of Knowing Your IFSC Code
Knowing the correct IFSC code for your bank branch offers several advantages for modern banking:
- Enables Digital Transfers: It is essential for initiating online fund transfers such as NEFT, RTGS, and IMPS.
- Ensures Accuracy: The unique code guarantees that your money is directed to the exact intended bank and branch, minimizing transfer errors.
- Speeds Up Transactions: Correct IFSC codes help process your digital payments quickly and efficiently.
- Secure Transactions: It adds a layer of security by ensuring that funds are routed through recognized banking channels.
- Simplifies Banking: For adding beneficiaries or setting up recurring payments, the IFSC code simplifies the process significantly.
Contact Information
If you need to get in touch with the bank, here are the relevant contact details:
- Branch Phone Number (Tajpur Road): 9955997805
- Branch Address (Tajpur Road): Tajpur Road, Samastipur, 848101
- Head Office Address (Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions (FAQs)
Q1: What does IFSC stand for?
A1: IFSC stands for Indian Financial System Code. It’s a unique identifier for bank branches involved in electronic fund transfers.
Q2: Is the 5th character of the IFSC code always zero?
A2: Yes, the fifth character in every IFSC code is always zero (0). It’s kept as a placeholder for future use by the Reserve Bank of India.
Q3: Can I still use an old IFSC code for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB)?
A3: No, any old IFSC codes for UBGB or DBGB are no longer valid. Following the merger and restructuring, you must use the new, unified IFSC code, such as PUNB0MBGB06, for all transactions related to Bihar Gramin Bank.
Q4: What are NEFT, RTGS, and IMPS?
A4: These are methods for electronic fund transfers in India. NEFT (National Electronic Funds Transfer) processes transactions in batches. RTGS (Real Time Gross Settlement) provides continuous, real-time settlement of individual transactions, usually for high-value transfers. IMPS (Immediate Payment Service) offers instant, 24/7 interbank electronic fund transfers via mobile or internet banking.
Q5: How can I verify an IFSC code?
A5: You can verify an IFSC code on the Reserve Bank of India’s (RBI) official website or through your bank’s official website or mobile application. Always confirm the code from a reliable source before making a transaction.
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.