Bihar Gramin Bank Rajoura IFSC Code

The Rajoura branch of Bihar Gramin Bank is located in the Begusarai district of Bihar. For anyone needing to send or receive money online through this branch, understanding its unique codes is essential. The Indian Financial System Code (IFSC) is a critical piece of information that directs digital transactions to the correct bank and branch. It ensures that funds transferred via popular methods like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) reach their intended destination without errors or delays.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Rajoura
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	Rajoura, Begusarai, 851131, 8102926326
Contact Number	8102926326
City	Begusarai
District	Begusarai
Region	BEGUSARAI
Pincode	851131
State	Bihar

Important Merger Update

Bihar Gramin Bank was formed by the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This new entity is sponsored by Punjab National Bank (PNB). As a result of this merger, all old IFSC codes belonging to UBGB and DBGB have been discontinued. It is crucial to use only the new IFSC code, PUNB0MBGB06, for all transactions with the Rajoura branch. Using an old, revoked IFSC code will lead to transaction failure.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code that uniquely identifies a bank branch within the NEFT, RTGS, and IMPS network. The code is structured to provide specific information to the payment systems.

Let’s break down the Rajoura branch’s IFSC code: PUNB0MBGB06.

• PUNB: The first four letters represent the name of 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 are the unique identifier for the specific branch, in this case, the Rajoura branch of Bihar Gramin Bank.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online money transfer is a straightforward process, whether you are using a bank’s mobile app or internet banking portal. The steps are generally the same across all platforms.

1. Log in to Your Bank Account: Access your net banking or mobile banking application.
2. Navigate to Fund Transfer: Select the payment option, such as NEFT, RTGS, or IMPS.
3. Add Beneficiary Details: Before you can send money, you must add the recipient as a beneficiary. You will need their:
   • Full Name (as per their bank account)
   • Bank Account Number
   • Bank Name (Bihar Gramin Bank)
   • Branch Name (Rajoura)
   • IFSC Code (PUNB0MBGB06)
4. Verify and Initiate Transfer: After the beneficiary is added, you can enter the amount you wish to transfer, verify the details one last time, and authorize the transaction. The IFSC code ensures the funds are routed correctly to the Rajoura branch.

Benefits of Using the Correct IFSC Code

• Accurate Routing: It guarantees that your money is sent to the exact branch where the recipient holds their account.
• Prevents Errors: Using the right code eliminates the risk of transactions failing or being sent to the wrong branch, which can cause significant delays.
• Enables Automation: The code allows the Reserve Bank of India’s payment systems to process transactions electronically without manual intervention, making transfers faster.
• Universal Requirement: It is a mandatory requirement for all major electronic fund transfer systems in India, including NEFT, RTGS, and IMPS.

Contact Information

For any direct inquiries or assistance, you can reach out to the branch or the bank’s head office.

Branch Contact: 8102926326
Branch Address: Rajoura, Begusarai, Bihar – 851131

Head Office Address:
Bihar Gramin Bank, Head Office,
Shri Vishnu Commercial Complex,
Asochak, Patna, Bihar – 800030

Toll-Free Number: 18001807777

Frequently Asked Questions

1. Why does the IFSC code for Bihar Gramin Bank start with ‘PUNB’?
The code starts with ‘PUNB’ because Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). PNB oversees the technological and operational aspects of the bank, including its integration into the national payment network.

2. Can I still use my old Dakshin Bihar Gramin Bank (DBGB) IFSC code?
No. All IFSC codes associated with the former Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank are now invalid. You must use the new codes assigned after the merger. For the Rajoura branch, the only valid code is PUNB0MBGB06.

3. Is the IFSC code the same for all branches of Bihar Gramin Bank?
No. While the first four characters (‘PUNB’) are common for all branches, the last six characters are unique to each specific branch. This ensures every transaction is routed to the correct location.

4. What should I do if my fund transfer fails due to an incorrect IFSC code?
If a transaction fails, the amount is typically reversed to your account within a few hours or by the end of the business day. To avoid this, always double-check the beneficiary’s account number and the 11-digit IFSC code before confirming the payment.

5. Where can I find the official IFSC code for my branch?
The IFSC code is printed on the cheque leaves issued by the bank and is also mentioned in your bank passbook. You can also confirm it by visiting the branch directly or checking the bank’s official website.