Bihar Gramin Bank Kohbara Urf Ramnagar IFSC Code

The Bihar Gramin Bank branch located in Kohbara Urf Ramnagar, Purnia district, Bihar, serves as a vital financial hub for the local community. For any electronic fund transfers like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), knowing the correct IFSC (Indian Financial System Code) for this branch is essential. This unique code ensures that your money reaches the exact intended bank branch quickly and securely, preventing errors during transactions.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Kohbara Urf Ramnagar
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108095
Branch Address	Kohbara Urf Ramnagar, PURNIA, 854321, 9297955811
Contact Number	9297955811
City	PURNIA
District	PURNIA
Reason	PURNEA
Pincode	854321
State	Bihar

Merger Update

Bihar Gramin Bank, like many other Regional Rural Banks in India, has undergone a merger and now operates under the sponsorship of Punjab National Bank (PNB). This means that all branches of Bihar Gramin Bank, including the Kohbara Urf Ramnagar branch, use a unified IFSC code structure with the prefix “PUNB0”. The current IFSC code for this branch is PUNB0MBGB06. It’s important to note that any older IFSC codes previously assigned to individual merged entities of Bihar Gramin Bank are now revoked and invalid. For all electronic fund transfers, only the new and current IFSC code, PUNB0MBGB06, should be used.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code used to identify bank branches participating in electronic fund transfers across India. Each character in the code serves a specific purpose:

• The first four characters represent the bank name. For the Kohbara Urf Ramnagar branch, “PUNB” signifies Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a ‘0’ (zero). This character is reserved for future use and helps distinguish between the bank code and the branch code.
• The last six characters uniquely identify the specific bank branch. In the case of PUNB0MBGB06, “MBGB06” points to the Kohbara Urf Ramnagar branch of Bihar Gramin Bank.

For example, if you are sending money to this branch, the IFSC code PUNB0MBGB06 tells the system exactly which branch your funds need to go to.

How to Use an IFSC Code

Using an IFSC code is a straightforward part of making electronic fund transfers. Here’s how you typically use it for NEFT, RTGS, and IMPS transactions:

1. Gather Beneficiary Details: Before starting your transaction, make sure you have the beneficiary’s full name, account number, account type (savings, current, etc.), and the beneficiary bank’s name (Bihar Gramin Bank).
2. Enter IFSC Code: When initiating a NEFT, RTGS, or IMPS transaction through your bank’s online banking portal or mobile app, you will find a field specifically for the IFSC code. Enter PUNB0MBGB06 accurately into this field.
3. Verify Details: After entering the IFSC code, the bank’s system often auto-populates the branch name or location. Always cross-check these details to ensure they match the Kohbara Urf Ramnagar branch.
4. Confirm and Transfer: Once all details are verified, you can proceed to confirm and complete the fund transfer. The IFSC code ensures that your money is routed correctly to the intended recipient’s branch.

This process applies whether you are making a small IMPS transfer or a large RTGS transfer; the IFSC code remains crucial for accurate delivery of funds.

Benefits of Knowing Your IFSC Code

Understanding and correctly using the IFSC code offers several important benefits:

• Ensures Accurate Transfers: The primary benefit is that it guarantees your money reaches the correct bank branch, preventing funds from being misdirected.
• Facilitates Electronic Payments: It is indispensable for all major electronic payment systems like NEFT, RTGS, and IMPS, enabling fast and efficient money transfers.
• Prevents Transaction Errors: By uniquely identifying each branch, it significantly reduces the chances of errors that could lead to delays or lost funds.
• Supports Nationwide Banking: The IFSC system allows for seamless electronic transactions between any two participating bank branches across India.
• Streamlines Processes: It standardizes the identification of bank branches, making inter-bank transactions smoother and more reliable for both individuals and businesses.

Contact

If you need to contact the Bihar Gramin Bank Kohbara Urf Ramnagar branch or the bank’s head office, you can use the following details:

• Branch Phone Number: 9297955811
• Branch Address: Kohbara Urf Ramnagar, PURNIA, 854321
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

Here are some frequently asked questions about the Bihar Gramin Bank Kohbara Urf Ramnagar IFSC code:

Q1: What is the IFSC code for Bihar Gramin Bank Kohbara Urf Ramnagar branch?

A1: The IFSC code for Bihar Gramin Bank Kohbara Urf Ramnagar branch is PUNB0MBGB06.

Q2: Why is the fifth character of an IFSC code always ‘0’?

A2: The fifth character is a ‘0’ (zero) and acts as a control character. It’s reserved for future use and helps differentiate the first four characters (bank code) from the last six characters (branch code).

Q3: Can I transfer money electronically without an IFSC code?

A3: No, an IFSC code is mandatory for all electronic fund transfers like NEFT, RTGS, and IMPS. It uniquely identifies the destination bank branch, ensuring the money reaches the correct location.

Q4: What happens if I use an incorrect IFSC code during a transaction?

A4: If you use an incorrect IFSC code, your transaction will likely fail and be rejected by the bank’s system. In some rare cases, if the incorrect IFSC code corresponds to another valid branch, the funds might be credited to the wrong account, which can be difficult to recover.

Q5: Is the MICR code also important for bank transactions?

A5: Yes, the MICR (Magnetic Ink Character Recognition) code is important, primarily for processing cheques. It’s a 9-digit code found at the bottom of a cheque leaf and helps in faster clearing of physical cheques. While not directly used for NEFT/RTGS/IMPS, it’s crucial for paper-based transactions.