Bihar Gramin Bank RAJAPUR IFSC Code

The Bihar Gramin Bank branch in RAJAPUR, located in the Bhojpur district of Bihar, serves the local community with essential banking services. For anyone looking to send or receive money online, understanding the branch’s Indian Financial System Code (IFSC) is crucial. This unique 11-character code is mandatory for all electronic fund transfers in India, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC code acts like a specific address, ensuring that your money is routed correctly and securely to the intended bank branch without any errors or delays.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	RAJAPUR
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	6952
Branch Address	RAJAPUR, Bhojpur, 802361, 7091596952
Contact Number	7091596952
City	Bhojpur
District	Bhojpur
Reason	ARA
Pincode	802361
State	Bihar

Important Merger Update

Previously, banking in the region was handled by two separate entities: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since been amalgamated to form the single Bihar Gramin Bank. This new entity is sponsored by Punjab National Bank (PNB). As a result of this merger, all old IFSC codes belonging to the former UBGB and DBGB branches are now invalid and have been discontinued. For any online transaction to or from the RAJAPUR branch, you must use the new, standardized IFSC code: PUNB0MBGB06. Using an old code will result in a failed transaction.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. This code helps identify the specific branch involved in an online transaction, ensuring the money is sent to the correct location.

The structure of the IFSC code PUNB0MBGB06 can be broken down as follows:

• PUNB: The first four alphabetic characters represent the bank’s name. In this case, ‘PUNB’ stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• 0: The fifth character is always a zero. It is reserved for future use by the RBI.
• MBGB06: The last six characters represent the specific branch code. ‘MBGB06’ uniquely identifies the RAJAPUR branch of Bihar Gramin Bank.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online fund transfer is a straightforward process. Whether you are using a mobile banking app or a web portal, the steps are generally the same. Here’s what you need to do:

1. Log in to your internet banking account or mobile banking application.
2. Navigate to the ‘Fund Transfer’ or ‘Payments’ section and choose the transfer type (NEFT, RTGS, or IMPS).
3. Add a new beneficiary (the person you want to send money to). You will be prompted to enter their details.
4. Enter the beneficiary’s name and bank account number accurately.
5. In the designated field, enter the correct IFSC code for their bank branch. For the RAJAPUR branch, this would be PUNB0MBGB06.
6. Verify all the details one last time and confirm the transaction, usually with a password or One-Time Password (OTP).

Benefits of Using the Correct IFSC Code

• Ensures Accuracy: The primary benefit is that it directs your funds to the exact bank branch, eliminating the risk of money being sent to the wrong location.
• Prevents Transaction Failures: Using the correct and updated IFSC code prevents transaction rejections, which can occur if an outdated or incorrect code is entered.
• Speeds Up Transfers: A valid IFSC code allows for automated processing, which makes NEFT, RTGS, and IMPS transactions faster and more efficient.
• Enhances Security: The code adds an extra layer of verification to the transfer process, making electronic payments more secure.

Contact Information

For any direct inquiries or support, you can contact the branch or the bank’s head office.

• Branch Contact Number: 7091596952
• Branch Address: RAJAPUR, Bhojpur, Bihar – 802361
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

1. Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
The code starts with ‘PUNB’ because Punjab National Bank is the sponsor bank for Bihar Gramin Bank following the amalgamation of regional rural banks. The IFSC codes are standardized under the sponsor bank’s identifier.

2. Can I still use my old Dakshin Bihar Gramin Bank (DBGB) IFSC code?
No. All IFSC codes from the former Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank are now invalid. You must use the new IFSC code, PUNB0MBGB06, for all transactions with the RAJAPUR branch to be successful.

3. What happens if I enter the wrong IFSC code during a transfer?
If the IFSC code is incorrect but exists for another branch, the funds could be sent to that wrong branch, causing significant delays in recovery. If the code does not exist, the transaction will likely be rejected and the amount will be credited back to your account, usually within a few hours or a business day.

4. Is the IFSC code the same for all branches of Bihar Gramin Bank?
No, each branch of Bihar Gramin Bank has its own unique IFSC code. The last six characters of the code identify the specific branch. It is essential to use the code designated for the exact branch you intend to transact with.

5. Where can I find the official IFSC code for my branch?
You can find the correct 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.