If you’re looking to transfer money to or from the Bihar Gramin Bank branch in Tissiauta, Vaishali, Bihar, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code is crucial for all electronic fund transfers. It ensures that your money reaches the correct bank and specific branch. Whether you are using NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the IFSC code acts like a digital address for the branch, making your transactions secure and efficient.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | Tissiauta |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100041 |
| Branch Address | Tissiauta, VAISHALI, 844126, 9297955048 |
| Contact Number | 9297955048 |
| City | VAISHALI |
| District | VAISHALI |
| Reason | HAJIPUR |
| Pincode | 844126 |
| State | Bihar |
Merger Update
For customers of what was formerly Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it is important to note a significant change. Both of these regional rural banks have merged to form the single entity, Bihar Gramin Bank. This new bank operates under the sponsorship of Punjab National Bank (PNB). As a result of this merger, all branches, including Tissiauta, now use a unified IFSC code structure. The specific IFSC code for the Tissiauta branch is PUNB0MBGB06.
This means that any old IFSC codes previously associated with UBGB or DBGB for the Tissiauta branch are no longer valid. If you try to use an old code for an electronic fund transfer, the transaction will likely fail. Always use the new, consolidated IFSC code PUNB0MBGB06 for all your digital transactions to ensure they are processed correctly.
What is IFSC Code?
The IFSC Code, or Indian Financial System Code, is a unique 11-character alphanumeric code. It identifies all bank branches participating in online banking in India. This code is crucial for digital money transfers. It helps direct funds to the exact bank and branch you intend.
Let’s break down the structure of the Tissiauta branch’s IFSC code, PUNB0MBGB06:
- The first four characters, “PUNB”, identify the bank. In this case, it signifies Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
- The fifth character is always “0” (zero). This character is reserved for future use. It acts as a control character.
- The last six characters, “MBGB06”, identify the specific branch. “MBGB” indicates Bihar Gramin Bank, and “06” is the unique code for the Tissiauta branch.
Understanding this structure helps you verify that you are using the correct code for your transactions.
How to Use IFSC Code
Using the IFSC code is a straightforward process when you’re making online fund transfers. Here’s how it generally works for common methods like NEFT, RTGS, and IMPS:
- Log in to your Net Banking or Mobile Banking App: Access your bank account through your computer or smartphone.
- Select the Transfer Option: Look for options like “Fund Transfer,” “Send Money,” or “Payments.”
- Choose the Transfer Type: Select whether you want to use NEFT, RTGS, or IMPS.
- Add a New Beneficiary: If you haven’t transferred money to this person or entity before, you’ll need to add them as a new beneficiary.
- Enter Beneficiary Details:
- Beneficiary Account Number: This is the account number of the person or business receiving the money.
- Beneficiary Name: The name of the account holder.
- IFSC Code: This is where you enter PUNB0MBGB06 for the Bihar Gramin Bank Tissiauta branch.
- Confirm Account Number: Re-enter the account number to ensure accuracy.
- Specify Amount and Remarks: Enter the amount you wish to transfer and add any reference notes if needed.
- Review and Confirm: Double-check all details, especially the account number and IFSC code, before confirming the transaction.
- Authenticate: Complete the transfer using your transaction password, PIN, or OTP (One-Time Password).
Once confirmed, the funds will be transferred according to the service chosen (NEFT, RTGS, or IMPS).
Benefits
Knowing and using the correct IFSC code offers several key advantages for your financial transactions:
- It ensures that your electronic fund transfers, such as NEFT, RTGS, and IMPS, are directed to the precise bank and branch.
- It helps prevent errors and delays in sending or receiving money, ensuring funds reach the intended recipient swiftly.
- The IFSC code is a mandatory requirement for all online banking transactions, making digital transfers possible and secure.
- It reduces the need for physical visits to the bank for money transfers, saving time and effort.
- It provides a standardized system for identifying bank branches across India, making inter-bank transfers efficient.
Contact Section
For any inquiries or assistance related to the Bihar Gramin Bank, Tissiauta branch, you can use the following contact details:
- Branch Phone Number: 9297955048
- Branch Address: Tissiauta, VAISHALI, 844126
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number (General Inquiries): 18001807777
FAQs
Here are some frequently asked questions about IFSC codes and Bihar Gramin Bank:
Q1: What happens if I use an old or incorrect IFSC code for a transaction?
A1: If you use an old or incorrect IFSC code, your transaction will likely fail. The funds will not be debited from your account, or if they are, they will typically be reversed within a few hours or days. Always double-check the IFSC code before initiating a transfer, especially after bank mergers.
Q2: Is the IFSC code mandatory for all types of bank transactions?
A2: The IFSC code is mandatory only for electronic fund transfers like NEFT, RTGS, and IMPS. It is not required for cash deposits, ATM withdrawals, or transactions conducted physically at a bank branch using a cheque or deposit slip.
Q3: How can I verify the correct IFSC code for any bank branch?
A3: You can verify an IFSC code in several ways. The most reliable methods include checking your bank’s official website, referring to your cheque book (the IFSC code is usually printed on it), or using the IFSC search tool on the Reserve Bank of India (RBI) website. You can also contact your bank’s customer service.
Q4: What is the difference between an IFSC code and a MICR code?
A4: An IFSC (Indian Financial System Code) is an 11-character code used for online fund transfers (NEFT, RTGS, IMPS). A MICR (Magnetic Ink Character Recognition) code is a 9-digit code used for processing cheques. The MICR code helps in faster clearing of cheques and is printed at the bottom of the cheque leaf.
Q5: Why is there a ‘0’ in the fifth position of the IFSC code?
A5: The fifth character in every IFSC code is always ‘0’ (zero). This digit is reserved for future use. It provides flexibility for future expansions or modifications to the IFSC system by the Reserve Bank of India without requiring a complete overhaul of the existing codes.
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.