Bihar Gramin Bank WENA IFSC Code

If you’re looking to manage your funds for the Bihar Gramin Bank WENA branch, understanding its IFSC code is essential. This particular branch is located in WENA, a part of the Nalanda district in Bihar, identified by the Pincode 803110. The Indian Financial System Code (IFSC) is a unique 11-character identifier that helps ensure your online money transfers go to the correct bank and branch. It’s crucial for digital transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service).

Branch Details

Here are the specific details for the Bihar Gramin Bank, WENA branch:

Bank Name	Bihar Gramin Bank
Branch Name	WENA
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7198
Branch Address	WENA, Nalanda, 803110, 9771464198
Contact Number	9771464198
City	Nalanda
District	Nalanda
Reason	BIHARSHARIF
Pincode	803110
State	Bihar

Merger Update

The Bihar Gramin Bank, under which the WENA branch operates, is the result of a significant merger. Previously, there were two separate regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have merged to form Bihar Gramin Bank. This new entity now functions under the sponsorship of Punjab National Bank (PNB).

As a result of this merger, all branches of the erstwhile UBGB and DBGB, including the WENA branch, now use a unified IFSC code structure. The specific IFSC code for the WENA branch is PUNB0MBGB06. It is very important to note that any old IFSC codes previously used by UBGB or DBGB branches are now revoked and are no longer valid for any banking transactions. To ensure your funds are transferred successfully, you must always use the new, consolidated IFSC code for all transactions involving Bihar Gramin Bank branches.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in the NEFT, RTGS, and IMPS systems in India. This code acts like a unique address for each branch. It prevents errors and ensures your money goes to the right place.

The 11 characters of an IFSC code are structured in a specific way:

• First 4 characters: These represent the bank name. For instance, in “PUNB0MBGB06,” “PUNB” stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• Fifth character: This is always a ‘0’ (zero). It is reserved for future use.
• Last 6 characters: These identify the specific branch. In “PUNB0MBGB06,” “MBGB06” refers to the WENA branch of Bihar Gramin Bank.

How to Use an IFSC Code

Using an IFSC code for online money transfers is straightforward. Whether you’re sending money via NEFT, RTGS, or IMPS, the process is similar. Here are the general steps:

1. Log in to Net Banking or Mobile Banking: Access your bank’s online platform or mobile app.
2. Select Fund Transfer Option: Look for options like “NEFT,” “RTGS,” or “IMPS.”
3. Add Beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. This usually involves providing their name, account number, account type, and the crucial IFSC code of their bank branch.
4. Enter Transfer Details: Once the beneficiary is added (or if they’re already saved), select them. Then, enter the amount you wish to transfer.
5. Review and Confirm: Double-check all the details, especially the account number and IFSC code, to ensure accuracy before confirming the transaction.

For example, if you want to send money to an account at the Bihar Gramin Bank WENA branch, you would use PUNB0MBGB06 as the IFSC code during the beneficiary setup or transfer process.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank or the recipient’s bank offers several key benefits:

• Secure Transactions: It ensures that your money is transferred only to the intended bank and branch, minimizing the risk of errors.
• Faster Transfers: It facilitates quick processing of NEFT, RTGS, and IMPS transactions, allowing money to move efficiently between banks.
• Mandatory for Online Transfers: IFSC is a compulsory requirement for initiating any online fund transfer in India.
• Easy Identification: It helps in quickly identifying the specific bank and branch for any financial communication or service.
• Prevents Fraud: By uniquely identifying branches, it adds a layer of security, making it harder for fraudulent transfers to occur.

Contact Information

For any queries or assistance related to the Bihar Gramin Bank WENA branch, you can use the following contact details:

• Branch Phone Number: 9771464198
• Branch Address: WENA, Nalanda, Pincode: 803110, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: Is PUNB0MBGB06 the only valid IFSC code for Bihar Gramin Bank WENA branch?
A1: Yes, after the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank into Bihar Gramin Bank, PUNB0MBGB06 is the official and only valid IFSC code for the WENA branch. All previous IFSC codes for UBGB or DBGB are no longer in use.

Q2: What is the significance of “PUNB” in the IFSC code PUNB0MBGB06?
A2: “PUNB” indicates that Bihar Gramin Bank is sponsored by Punjab National Bank. The first four characters of an IFSC code always represent the bank’s identifier.

Q3: Can I use the MICR code 800811002 for online fund transfers?
A3: No, the MICR (Magnetic Ink Character Recognition) code is primarily used for processing paper-based instruments like cheques. For online fund transfers such as NEFT, RTGS, or IMPS, you must use the IFSC code, which is PUNB0MBGB06 for the WENA branch.

Q4: What should I do if my online transfer fails due to an incorrect IFSC code?
A4: If your transaction fails because of an incorrect IFSC code, the money is usually reversed to your account within a few hours or one working day. Always re-verify the IFSC code with the beneficiary or the bank’s official website before attempting the transfer again.

Q5: How can I find the IFSC code for other Bihar Gramin Bank branches?
A5: You can find IFSC codes for other Bihar Gramin Bank branches on the bank’s official website, through your net banking portal, or by contacting the bank’s customer service. You can also find them on various reliable financial information websites by searching for the specific branch name and bank.