Bihar Gramin Bank AMARUT IFSC Code

The Bihar Gramin Bank’s AMARUT branch is located in the Gaya district of Bihar. When you need to send money electronically, understanding the Indian Financial System Code (IFSC) for this branch is very important. This unique code is essential for all major digital fund transfers like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). It ensures your money goes to the correct bank and branch without any issues, making your transactions secure and efficient.

Branch Details

Here are the complete details for the Bihar Gramin Bank AMARUT branch:

Bank Name	Bihar Gramin Bank
Branch Name	AMARUT
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7531
Branch Address	AMARUT, Gaya, 824201, 7541807531
Contact Number	7541807531
City	Gaya
District	Gaya
Reason	GAYA
Pincode	824201
State	Bihar

Merger Update for Bihar Gramin Bank

It is important to note that banks like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged. They are now part of the unified Madhya Bihar Gramin Bank, which is sponsored by Punjab National Bank. As a result, all branches, including AMARUT, now use a new and standardized IFSC code. The IFSC code for Bihar Gramin Bank AMARUT branch, PUNB0MBGB06, reflects this change. This code indicates its sponsorship by Punjab National Bank (PUNB) and its identity as a Madhya Bihar Gramin Bank (MBGB) branch.

This means that any old IFSC codes previously used by UBGB or DBGB branches are now revoked and no longer valid for transactions. To ensure your fund transfers are successful, you must only use the new IFSC code, PUNB0MBGB06, for all financial operations related to this branch.

What is an IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies every bank branch in India participating in electronic fund transfers. Think of it like a unique address for a specific bank branch.

The structure of the IFSC code is quite straightforward:

• The first four characters represent the bank name. For example, ‘PUNB’ stands for Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always a ‘0’ (zero). This is kept as a control character for future use.
• The last six characters identify the specific branch. For the AMARUT branch, ‘MBGB06’ points to its unique identity within the Madhya Bihar Gramin Bank system.

Knowing this structure helps you quickly identify the bank and branch associated with any IFSC code.

How to Use an IFSC Code

Using the IFSC code is a key step in any electronic fund transfer. Here’s how you typically use it for NEFT, RTGS, and IMPS:

1. Gather Beneficiary Details: First, you need the full name of the person or entity you are sending money to (the beneficiary), their bank account number, and the correct IFSC code of their bank branch.
2. Log In to Your Banking Portal: Access your net banking account or mobile banking app.
3. Select Transfer Type: Choose the type of transfer you want to make:
   • NEFT (National Electronic Funds Transfer): This system processes transactions in batches throughout the day. It is suitable for most transfers, especially for smaller amounts, and funds are usually credited within a few hours.
   • RTGS (Real Time Gross Settlement): This is for large-value transactions (usually above ₹2 lakhs). Funds are transferred individually and in real-time, meaning the transfer happens almost instantly.
   • IMPS (Immediate Payment Service): This allows for instant, 24/7 fund transfers, even on holidays. It is commonly used for smaller, urgent transfers.
4. Add Beneficiary: If you are sending money to this person for the first time, you will need to add them as a beneficiary. You will enter their name, account number, and the IFSC code (PUNB0MBGB06 for the AMARUT branch). The system will usually auto-fill the bank and branch name once you enter the IFSC.
5. Enter Amount: Specify the amount you wish to transfer.
6. Confirm and Transact: Review all the details carefully, then confirm the transaction. You might need to enter a One-Time Password (OTP) to complete the transfer.

Always double-check the IFSC code and account number before confirming any transaction to prevent sending money to the wrong recipient.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank branch, like the Bihar Gramin Bank AMARUT branch, offers several advantages:

• Secure Transactions: It ensures your money reaches the intended bank and branch, minimizing the risk of errors.
• Accurate Fund Transfers: The unique code precisely identifies the recipient’s bank branch, preventing misdirection of funds.
• Faster Processing: With the correct IFSC, electronic fund transfers like NEFT, RTGS, and IMPS are processed quickly and efficiently.
• Interbank Compatibility: It facilitates seamless money transfers between different banks across India.
• Unique Identification: Each branch has a distinct IFSC, making it a reliable identifier for all electronic banking operations.

Contact Information

For any queries or assistance related to the Bihar Gramin Bank AMARUT branch, you can use the following contact details:

• Branch Phone Number: 7541807531
• Branch Address: AMARUT, Gaya, 824201, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: What happens if I use an old IFSC code for a merged bank branch?
A: If you use an old IFSC code, your transaction will likely fail. The system will not recognize the old code as valid, and your funds will not be transferred. It is crucial to always use the updated IFSC code, such as PUNB0MBGB06 for the AMARUT branch, to ensure successful transfers.

Q2: Is the AMARUT branch still part of Bihar Gramin Bank?
A: Yes, the AMARUT branch is still part of the Bihar Gramin Bank network. However, due to mergers, the bank operates under the sponsorship of Punjab National Bank as Madhya Bihar Gramin Bank. This means its operations continue, but the IFSC code reflects the new consolidated structure.

Q3: How quickly do funds transfer using an IFSC code for different services?
A: For IMPS, transfers are almost instant, 24/7. RTGS transfers are also real-time and very quick for large amounts during banking hours. NEFT transactions are processed in batches throughout the day, so funds usually clear within a few hours on business days.

Q4: Can I find the IFSC code on my bank passbook or checkbook?
A: Yes, the IFSC code is typically printed on the first page of your bank passbook. It is also found on individual check leaves. Always cross-verify it with the bank’s official website or your mobile banking app if you are unsure, especially after bank mergers.

Q5: Is the MICR code also important for fund transfers?
A: While the IFSC code is essential for electronic fund transfers (NEFT, RTGS, IMPS), the MICR (Magnetic Ink Character Recognition) code is primarily used for clearing physical checks. It helps banks quickly process checks and is usually found at the bottom of a check leaf. So, for electronic transfers, the IFSC code is the main identifier you need.