Bihar Gramin Bank Rachiahi IFSC Code

The Rachiahi branch of Bihar Gramin Bank is located in the Begusarai district of Bihar. For anyone looking to send or receive money online to an account at this branch, the Indian Financial System Code (IFSC) is essential. This unique 11-character code ensures that your transaction, whether through NEFT, RTGS, or IMPS, is routed correctly and securely to the intended bank branch, preventing errors and delays.

Branch Details

Important Merger Update

Bihar Gramin Bank was formed through the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this amalgamation, the bank is sponsored by Punjab National Bank (PNB). As a result, all branches now operate under a new, unified IFSC code structure. The IFSC code for the Rachiahi branch is PUNB0MBGB06. Please note that any old IFSC codes previously used for UBGB or DBGB are no longer valid. To ensure successful transactions, you must use the new PNB-assigned IFSC code for all online fund transfers.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in electronic fund transfers. This 11-character code has a specific structure that helps identify the bank and its branch.

Let’s break down the IFSC code for the Rachiahi branch, PUNB0MBGB06:

• First 4 characters (PUNB): These represent the bank’s name. In this case, ‘PUNB’ stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• Fifth character (0): This is always a zero. It is reserved for future use.
• Last 6 characters (MBGB06): This part identifies the specific branch. For this branch, it is ‘MBGB06’.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for online transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) is a straightforward process. You will need it when adding a new beneficiary or payee to your internet or mobile banking account.

Here are the general steps:

1. Log in to your mobile banking app or internet banking portal.
2. Navigate to the ‘Fund Transfer’ or ‘Payments’ section.
3. Select the option to ‘Add a New Beneficiary’ or ‘Add Payee’.
4. Enter the recipient’s details: their name, account number, and the bank name (Bihar Gramin Bank).
5. Carefully enter the IFSC code: PUNB0MBGB06.
6. Once the beneficiary is added, you can initiate a transfer by selecting their name, entering the amount, and authenticating the transaction.

Benefits of Using the Correct IFSC Code

• Ensures Accuracy: The code directs your funds to the exact bank and branch, eliminating the risk of mis-routing.
• Prevents Failed Transactions: Using an incorrect or outdated IFSC code is a common reason for transaction failure. The correct code ensures a smooth process.
• Enables Fast Transfers: It is mandatory for all major online payment systems, including NEFT, RTGS, and IMPS, which offer quick and reliable ways to move money.
• Increases Security: The unique code adds a layer of verification, confirming that the account details match the intended branch.

Contact Information

For any queries or assistance, you can contact the branch directly or reach out to the head office.

• Branch Phone Number: 8102926320
• Branch Address: Rachiahi, Begusarai, Bihar – 851101
• Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
• Toll-Free Number: 18001807777

Frequently Asked Questions

Can I still use my old Uttar Bihar Gramin Bank (UBGB) IFSC code?

No. All old IFSC codes from the pre-merger banks (UBGB and DBGB) are now invalid. You must use the new IFSC code, which starts with ‘PUNB’, for all transactions to be successful.

Is the IFSC code the same for all branches of Bihar Gramin Bank?

No. While the first four letters (‘PUNB’) are common because of the sponsor bank, the last six characters are unique to each specific branch.

What happens if I enter the wrong IFSC code?

If the code you enter does not exist, the transaction will be rejected immediately. If you enter the code for a different branch of the same bank, the funds might be delayed or credited to the wrong branch, requiring a manual reversal process.

Where can I find the IFSC code for my branch?

You can find the IFSC code printed on your bank-issued chequebook and passbook. It is also available on the official website of Bihar Gramin Bank or by contacting the branch directly.

Why does the IFSC code start with ‘PUNB’ if the bank is Bihar Gramin Bank?

This is because Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank. The IFSC codes for regional rural banks are assigned based on their sponsor institution.

Kriti Kumari

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.