The Bihar Gramin Bank branch in RIUR is located in the Aurangabad district of Bihar. For anyone looking to send or receive money through online banking, understanding the branch’s IFSC code is essential. This unique code acts like a specific address for the bank branch, ensuring that funds transferred via NEFT, RTGS, or IMPS reach the correct account without any errors or delays. It is a critical piece of information for all digital transactions.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | RIUR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7122 |
| Branch Address | RIUR, Aurangabad, 824118, 9771464122 |
| Contact Number | 9771464122 |
| City | Aurangabad |
| District | Aurangabad |
| Region | AURANGABAD |
| Pincode | 824118 |
| State | Bihar |
Merger and Updated IFSC Code
Following the amalgamation of regional rural banks in Bihar, the former Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been restructured. These banks now operate under the sponsorship of Punjab National Bank (PNB). As a result of this merger, a new, unified IFSC code has been issued. The old IFSC codes associated with the previous bank entities are now invalid and have been revoked.
For all online transactions, you must use the new IFSC code: PUNB0MBGB06. Using an outdated code will result in failed transactions.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code that uniquely identifies a bank branch participating in online fund transfer systems. The Reserve Bank of India (RBI) assigns these codes to ensure that transactions are routed correctly.
The structure of the IFSC code PUNB0MBGB06 can be broken down as follows:
- PUNB: The first four letters represent the bank’s name. In this case, it stands for Punjab National Bank, the sponsor bank.
- 0: The fifth character is always a zero. It is a control character reserved for future use.
- MBGB06: The last six characters identify the specific branch. This part of the code directs the funds to the correct location.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for online payments is a straightforward process. Whether you are using a mobile banking app or an internet banking portal, the steps are generally the same.
- Log in to your internet or mobile banking account.
- Navigate to the “Fund Transfer” section and select the payment method: NEFT, RTGS, or IMPS.
- Add a new beneficiary or payee. You will be asked to enter the recipient’s details.
- Enter the beneficiary’s name, account number, and account type.
- In the IFSC field, carefully enter PUNB0MBGB06.
- After adding the beneficiary, you can proceed to transfer funds by entering the amount and confirming the transaction.
Benefits of Using the Correct IFSC
- Accuracy: Ensures your money is sent to the exact bank and branch intended, eliminating routing errors.
- Speed: Correct codes enable automated processing, which makes transactions faster and more efficient.
- Error Prevention: It significantly reduces the chances of a transaction failing or being delayed due to incorrect branch information.
- Security: The code is a key part of a secure system that verifies the destination of your funds before the transfer is completed.
Contact Information
For any direct inquiries or assistance, you can contact the bank through the following channels.
- Branch Phone Number: 9771464122
- Branch Address: RIUR, Aurangabad, Bihar – 824118
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions
1. What happens if I use an old, pre-merger IFSC code?
Transactions made using old IFSC codes will be rejected. The funds will be returned to your account, but this may take some time. It is crucial to update your beneficiary list with the new code, PUNB0MBGB06, to avoid failures.
2. Is the IFSC code the same for all branches of Bihar Gramin Bank?
No, typically each branch has a unique IFSC code. However, after the merger, sponsor banks sometimes issue a centralized or unified code for processing. Always verify the specific code for the branch you are transacting with. For the RIUR branch, the correct code is PUNB0MBGB06.
3. Where can I find the 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 the branch directly.
4. What is the difference between an IFSC code and a MICR code?
The IFSC code is used for online 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 faster processing of cheques.
5. Is PUNB0MBGB06 valid for all types of online transfers like NEFT, RTGS, and IMPS?
Yes, this IFSC code is valid for all three major electronic fund transfer systems: National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS).
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.