Bihar Gramin Bank Rupauli IFSC Code

In the heart of Bihar, specifically within the Purnia district, lies the Rupauli branch of Bihar Gramin Bank. For anyone looking to transfer money to or from this branch using modern banking methods like NEFT, RTGS, or IMPS, knowing the correct Indian Financial System Code, or IFSC code, is essential. This unique code acts like a digital address, ensuring your funds reach the right bank and branch quickly and securely.

Bihar Gramin Bank Rupauli Branch Details

Here are the key details for the Bihar Gramin Bank branch located in Rupauli:

Bank Name	Bihar Gramin Bank
Branch Name	Rupauli
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	108147
Branch Address	Rupauli, PURNIA, 853204
Contact Number	9297946877
City	PURNIA
District	PURNIA
Pincode	853204
State	Bihar

Merger Update for Bihar Gramin Bank

It’s important to understand the history of Bihar Gramin Bank. This bank was formed from the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both of these banks are now part of Bihar Gramin Bank, which operates under the sponsorship of Punjab National Bank.

As a result of this merger, there’s a unified IFSC code structure. The Rupauli branch, like all other branches of Bihar Gramin Bank, now uses the single IFSC code PUNB0MBGB06. If you previously had an IFSC code for a branch that was part of UBGB or DBGB, those old codes are no longer valid. For any fund transfers today, you must use the new, standardized IFSC code.

What is an IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It’s used by the Reserve Bank of India (RBI) to identify individual bank branches participating in electronic funds transfers.

Let’s break down the structure of PUNB0MBGB06:

• The first four characters represent the bank name. In this case, PUNB stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps differentiate the bank code from the branch code.
• The last six characters identify the specific branch. Here, MBGB06 refers to the Rupauli branch of Bihar Gramin Bank.

How to Use an IFSC Code

You will need the IFSC code when initiating various types of electronic fund transfers. Here’s how it works for common methods:

• NEFT (National Electronic Funds Transfer): This system processes transfers in batches. When you set up a NEFT transaction through your bank’s online portal or at a branch, you’ll need the beneficiary’s bank account number, account holder’s name, and the correct IFSC code (like PUNB0MBGB06 for Rupauli branch). The funds are typically credited to the beneficiary’s account within a few hours.

• RTGS (Real Time Gross Settlement): RTGS is for large-value transactions, typically Rs. 2 lakhs and above. Transfers are processed individually and immediately. Similar to NEFT, you’ll provide the beneficiary’s account details and the IFSC code. The real-time nature of RTGS ensures quicker settlement for urgent, large payments.

• IMPS (Immediate Payment Service): IMPS allows for instant, 24/7 fund transfers, even on holidays. It’s often used for smaller, urgent transfers from mobile banking apps or internet banking. You’ll input the beneficiary’s account number, their bank’s IFSC code, and the amount. The money is usually credited to the recipient’s account within seconds.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code handy offers several advantages:

• Error-Free Transfers: It ensures that your money goes to the right bank and the exact branch. This significantly reduces the chances of errors and misdirected funds.
• Faster Transactions: With the correct IFSC, electronic fund transfers like NEFT, RTGS, and IMPS can be processed smoothly and quickly, saving you time.
• Security: The unique identification helps in tracking transactions and adds a layer of security to your financial dealings.
• Convenience: You can conduct banking operations from anywhere, anytime, without needing to physically visit a branch for certain transfers.
• Access to Digital Banking: It’s a fundamental requirement for leveraging online banking and mobile banking services for transfers.

Contact Information

If you need to get in touch with the Bihar Gramin Bank Rupauli branch or the head office, here are the details:

• Rupauli Branch Phone Number: 9297946877
• Rupauli Branch Address: Rupauli, PURNIA, 853204, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes and Bihar Gramin Bank:

Q1: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A: No, the first five characters (e.g., PUNB0) are common to all branches under the Punjab National Bank sponsorship, but the last six characters are unique to each branch. So, while many branches may share the initial part, the full 11-character IFSC code is specific to a single branch.

Q2: What is the MICR code used for?
A: The MICR (Magnetic Ink Character Recognition) code is a 9-digit code primarily found on cheque leaves. It is used to identify the bank and branch for processing cheques, speeding up clearance, and preventing fraud.

Q3: Can I find the IFSC code on my passbook or chequebook?
A: Yes, the IFSC code is usually printed on the front page of your bank passbook and on the cheque leaves issued by your bank. It’s important to verify it before making any transaction.

Q4: What if I use an old IFSC code after the merger?
A: If you try to use an old IFSC code that belonged to Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank, your transaction will likely fail. The system will not recognize the outdated code, and the funds will not be transferred. Always use the current code: PUNB0MBGB06 for the Rupauli branch.

Q5: Is an IFSC code required for cash deposits?
A: No, an IFSC code is generally not required for cash deposits made directly at the bank branch counter. It is primarily needed for electronic fund transfers from one bank to another.