The Bihar Gramin Bank branch in Taralahi(Saidnagar), located in the Darbhanga district of Bihar, provides essential banking services to the local community. For anyone looking to send or receive money online, understanding the branch’s Indian Financial System Code (IFSC) is critical. This 11-character code acts as a unique address for the branch, ensuring that digital fund transfers through systems like NEFT, RTGS, and IMPS are routed correctly and securely to the intended recipient’s account.
Branch and Code Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Taralahi(Saidnagar) |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | Taralahi(Saidnagar), DARBHANGA, 846001, 9297955178 |
| Contact Number | 9297955178 |
| City | DARBHANGA |
| District | DARBHANGA |
| Pincode | 846001 |
| State | Bihar |
Merger Update: A Key Change for Customers
It is important for all customers to know that Bihar Gramin Bank was formed by the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). After the merger, the new entity is sponsored by Punjab National Bank (PNB).
As a result of this consolidation, all old IFSC codes belonging to the former UBGB and DBGB branches have been deactivated. Transactions attempted with an old IFSC code will fail. All customers must now use the new, unified IFSC code format, which begins with ‘PUNB’ to reflect the sponsorship by Punjab National Bank. For the Taralahi(Saidnagar) branch, the only valid IFSC code is PUNB0MBGB06.
Understanding the 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 country’s electronic funds transfer network. Let’s break down the IFSC code PUNB0MBGB06:
- PUNB: The first four characters represent the bank’s name. In this case, it signifies Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
- 0: The fifth character is always a zero. It is reserved for future regulatory use.
- MBGB06: The last six characters form the branch identifier. This unique code distinguishes the Taralahi(Saidnagar) branch from all other branches in the network.
Using the IFSC Code for Fund Transfers
Whether you are using a mobile banking app or an internet banking portal, the process for transferring funds is straightforward. Here are the typical steps involved:
- Log in to your net banking account or mobile banking application.
- Navigate to the ‘Fund Transfer’ or ‘Payments’ section and select the transfer type (NEFT, RTGS, or IMPS).
- Add the recipient as a new ‘Beneficiary’ or ‘Payee’.
- You will be prompted to enter the beneficiary’s details: their full name, bank account number, and the IFSC code of their bank branch.
- For a transfer to the Bihar Gramin Bank Taralahi(Saidnagar) branch, you would enter PUNB0MBGB06 in the IFSC field.
- After verifying the details, enter the amount you wish to transfer and confirm the transaction, usually with an OTP or transaction password.
Why the IFSC Code is Important
- Ensures Accuracy: The primary benefit of the IFSC code is that it directs your money to the exact bank branch, eliminating the risk of it being sent to the wrong location.
- Prevents Errors: The banking system uses the code to validate the branch details before processing a payment, which helps prevent failed or misdirected transactions.
- Enables Digital Banking: Without a valid IFSC code, you cannot perform online fund transfers through popular methods like NEFT, RTGS, or IMPS.
- Automates Transactions: The code allows for the automated processing of transfers, making them faster and more efficient than manual methods.
Get in Touch
For direct assistance or specific queries, you can contact the branch or the bank’s head office.
- Branch Phone Number: 9297955178
- Branch Address: Taralahi(Saidnagar), DARBHANGA, 846001
- Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna-800030, Bihar
- Toll-Free Number: 18001807777
Frequently Asked Questions
Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
The code starts with ‘PUNB’ because Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). PNB manages the central payment system gateway for its sponsored regional rural banks, so the IFSC codes are issued under its identifier.
What happens if I accidentally use an old Uttar Bihar Gramin Bank (UBGB) IFSC code?
If you use an old, deactivated IFSC code, the transaction will be rejected by the banking system. The funds will be returned to your account, though this may take some time. It is crucial to update your beneficiary lists with the new code.
Is the IFSC code the same for all branches of Bihar Gramin Bank?
No. While the first four letters (‘PUNB’) are the same for all branches, the last six characters are unique to each specific branch. Using the wrong branch code will cause the transaction to fail.
Can I use this IFSC code for receiving international payments?
No, the IFSC code is only for domestic fund transfers within India. For receiving money from abroad, the sender will need a SWIFT code, which you can request from your bank.
Where can I find the MICR code for my branch?
The MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. You can find it printed at the bottom of a cheque leaf, near the cheque number. The MICR code for this branch is 800811002.
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.