Bihar Gramin Bank Ranipatra IFSC Code

This article provides key details about the Bihar Gramin Bank branch located in Ranipatra, Purnia, Bihar. When you need to send money electronically in India using services like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), a special code called the IFSC code is essential. This code helps ensure that your money reaches the correct bank and branch without any issues.

Branch Details

Here are the specific details for the Bihar Gramin Bank branch in Ranipatra:

Bank Name	Bihar Gramin Bank
Branch Name	Ranipatra
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100711
Branch Address	Ranipatra, PURNIA, 854337, 9297954166
Contact Number	9297954166
City	PURNIA
District	PURNIA
Reason	PURNEA
Pincode	854337
State	Bihar

Merger Update

Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. Previously, there were different rural banks in Bihar. Now, these banks have merged into Bihar Gramin Bank, operating under the sponsorship of Punjab National Bank. As a result, the IFSC codes have been standardized. For the Ranipatra branch, and many other branches of Bihar Gramin Bank, the unified IFSC code PUNB0MBGB06 is now in use.

It is important to note that any old IFSC codes previously associated with merging entities are no longer valid for transactions. Always use the current and unified IFSC code, PUNB0MBGB06, for all your fund transfers to ensure they are processed correctly. This ensures that all transactions are routed through the Punjab National Bank’s system, which sponsors Bihar Gramin Bank.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alpha-numeric code that uniquely identifies every bank branch in India participating in online money transfers. The Reserve Bank of India (RBI) assigns these codes.

The structure of the IFSC code is straightforward:

• The first four characters represent the bank name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring 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. In PUNB0MBGB06, “MBGB06” identifies the Ranipatra branch under the Madhya Bihar Gramin Bank (now part of Bihar Gramin Bank) umbrella within the PNB system.

Knowing this code is vital for secure and accurate digital banking transactions.

How to Use an IFSC Code

You will need the IFSC code whenever you perform an online money transfer. Here are the steps for common transfer methods:

1. For NEFT, RTGS, or IMPS via Net Banking or Mobile Banking:
   • Log in to your bank’s net banking portal or mobile app.
   • Go to the ‘Fund Transfer’ or ‘Payments’ section.
   • Select ‘Add Beneficiary’ or ‘Manage Payee’ if you are sending money to this account for the first time.
   • Enter the beneficiary’s name, account number, and confirm the account number.
   • Carefully enter the IFSC code: PUNB0MBGB06.
   • Select the type of transfer (NEFT, RTGS, or IMPS).
   • Enter the amount you wish to transfer and any remarks.
   • Confirm the details and complete the transaction using your password or PIN.
2. For Cash Deposits at an ATM or Bank Branch:
   • While an IFSC code is generally not required for cash deposits at a branch, some automated systems or bank staff might ask for it to verify the correct branch details.
   • For deposits at a cash deposit machine, you usually only need the account number.

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

Benefits of Knowing the IFSC Code

Having the correct IFSC code at hand offers several advantages for banking operations:

• Enables Electronic Transfers: It is mandatory for online transactions like NEFT, RTGS, and IMPS, allowing for quick money movement between different banks.
• Ensures Accuracy: Each code uniquely identifies a specific bank branch, minimizing errors in transferring funds.
• Faster Processing: Correct IFSC codes help banks process transactions efficiently, leading to quicker crediting of funds to the recipient’s account.
• Facilitates Online Banking: It is a key component for managing beneficiaries and making payments through internet banking and mobile banking apps.
• Security: It adds a layer of security by ensuring that funds are routed to the intended bank and branch.

Contact Information

For any inquiries or assistance related to the Ranipatra branch of Bihar Gramin Bank:

• Branch Phone Number: 9297954166
• Branch Address: Ranipatra, PURNIA, 854337, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: What does IFSC stand for?
A1: IFSC stands for Indian Financial System Code. It’s an 11-character code used for electronic money transfers.

Q2: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A2: No, the IFSC code is unique to each branch. While the first few characters (PUNB0MBGB) might be similar for branches under Bihar Gramin Bank, the last six characters (e.g., MBGB06) will change to identify a specific branch like Ranipatra.

Q3: What should I do if I used an old IFSC code after the merger?
A3: If you used an old, revoked IFSC code, your transaction is likely to fail and the money will be returned to your account. Always ensure you use the current and valid IFSC code, PUNB0MBGB06, for the Ranipatra branch to avoid transaction failures.

Q4: Do I need an IFSC code to deposit cash at the bank counter?
A4: Generally, you do not need the IFSC code for a direct cash deposit at a bank branch. The account number and the account holder’s name are usually sufficient. However, it’s good practice to have it or the branch details available for verification.

Q5: How can I find the IFSC code for another branch of Bihar Gramin Bank?
A5: You can find the IFSC code on your cheque book, bank passbook, the bank’s official website, or through the net banking portal or mobile app. You can also contact the bank’s customer service for assistance.