The Rasulpur branch of Bihar Gramin Bank is located in Aurangabad, Bihar. For anyone looking to send or receive money through this branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code acts as a specific address for the bank, ensuring that electronic fund transfers like NEFT, RTGS, and IMPS are routed correctly and securely to the intended account. Without the correct IFSC code, online transactions cannot be completed.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | RASULPUR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 6934 |
| Branch Address | RASULPUR, Aurangabad, 824121 |
| Contact Number | 7091596934 |
| City | Aurangabad |
| District | Aurangabad |
| Region | AURANGABAD |
| Pincode | 824121 |
| State | Bihar |
Important Merger Update
Previously, Bihar had two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged to form a single entity, now known as Bihar Gramin Bank, sponsored by Punjab National Bank (PNB). As a result of this merger, all old IFSC codes belonging to UBGB and DBGB have been discontinued. For all online transactions to any branch of Bihar Gramin Bank, including Rasulpur, you must use the new, unified IFSC code: PUNB0MBGB06. Using an old, revoked code will cause your transaction to fail.
Understanding the IFSC Code
The IFSC code is a unique identifier assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic fund transfer network. The 11-character code has a specific structure that helps in routing transactions.
Let’s break down the code PUNB0MBGB06:
- PUNB: The first four letters 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 branch. In this case, it is a standardized code used for all branches of the former Madhya Bihar Gramin Bank, which is now part of the unified Bihar Gramin Bank.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for online banking is a straightforward process. Whether you are using a mobile app or a desktop website, the steps are generally the same for NEFT, RTGS, or IMPS.
- Log in to your internet banking account.
- Navigate to the “Fund Transfer” section and choose your preferred payment method (NEFT, RTGS, IMPS).
- Add the recipient as a “beneficiary” or “payee.”
- You will be asked to enter the beneficiary’s details: their name, account number, and the bank’s IFSC code. In this field, enter PUNB0MBGB06.
- Double-check all the details to ensure accuracy and confirm the transaction.
Why the IFSC Code is Important
- Accurate Routing: It ensures your money is sent to the correct bank and branch, eliminating guesswork.
- Error Prevention: The banking system validates the IFSC code before processing a transaction, which helps prevent funds from being sent to the wrong account.
- Mandatory for Transfers: It is a required piece of information for all major electronic payment systems in India.
- Faster Processing: The code allows for the automated and speedy processing of transactions without manual intervention.
Contact Information
For any direct queries, you can reach out to the branch or the head office.
- Branch Phone Number: 7091596934
- Branch Address: RASULPUR, Aurangabad, 824121, Bihar
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 1800-180-7777
Frequently Asked Questions
Is the IFSC code PUNB0MBGB06 only for the Rasulpur branch?
No. Following the merger of regional rural banks in Bihar under Punjab National Bank’s sponsorship, PUNB0MBGB06 is the common IFSC code used for all branches of Bihar Gramin Bank.
What happens if I use an old IFSC code from Dakshin Bihar Gramin Bank?
The transaction will be rejected. The old codes are no longer in service. You must use the new, updated IFSC code to ensure your payment goes through.
Where can I find my bank’s IFSC code?
The IFSC code is printed on the chequebooks and passbooks issued by the bank. You can also find it on the bank’s official website or by contacting customer service.
What is the difference between an IFSC code and a MICR code?
The IFSC code is used for online electronic fund transfers like NEFT and RTGS. The MICR (Magnetic Ink Character Recognition) code is a 9-digit code found at the bottom of a cheque leaf and is used for the physical processing of cheques.
Do I need an IFSC code to send money via UPI?
No, UPI (Unified Payments Interface) transactions do not require an IFSC code. They operate using a Virtual Payment Address (VPA), which is linked to your bank account.
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.