Bihar Gramin Bank GORARI IFSC Code

Welcome to our guide on the banking services available at the Bihar Gramin Bank branch in GORARI, located in Rohtas, Bihar. Understanding your bank’s Indian Financial System Code (IFSC) is crucial for smooth and secure electronic money transfers. This unique code is essential for sending or receiving funds through systems like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). It ensures your money reaches the correct bank and branch without errors.

Branch Details

Here are the key details for the Bihar Gramin Bank GORARI branch:

Bank Name	Bihar Gramin Bank
Branch Name	GORARI
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7357
Branch Address	GORARI, Rohtas, 802214, 9771464357
Contact Number	9771464357
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	802214
State	Bihar

Merger Update

The banking landscape for Regional Rural Banks (RRBs) in Bihar has seen some changes. Many such banks, including those previously known as Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), have consolidated. Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). As part of this consolidation, a unified IFSC code structure is now used for these merged entities and PNB-sponsored RRBs. This means that branches, regardless of their former specific RRB identity, now operate under a common IFSC code format provided by the sponsor bank, Punjab National Bank.

The IFSC code for GORARI branch, PUNB0MBGB06, reflects this unified system. The code PUNB0MBGB06 is the valid and active IFSC code for this branch. If you previously used an older IFSC code for any of the consolidated regional rural banks, those old codes are now revoked and will no longer work for transactions. Always use the current, unified IFSC code like PUNB0MBGB06 for all your fund transfers to ensure they are processed correctly.

What is an IFSC Code?

The IFSC code stands for Indian Financial System Code. It’s an 11-character alphanumeric code that uniquely identifies every bank branch in India participating in the NEFT, RTGS, and IMPS systems. Think of it as a postal code for electronic banking transactions.

The structure of an IFSC code is simple and consistent:

• The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” indicates Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• The fifth character is always ‘0’ (zero). This is a control character reserved for future use.
• The last six characters uniquely identify the specific branch. For PUNB0MBGB06, “MBGB06” points to the GORARI branch.

How to Use the IFSC Code

Using the IFSC code correctly is vital for electronic fund transfers. Here’s a general guide:

1. Gather Recipient Details: Before initiating a transfer, you’ll need the recipient’s full name, their bank account number, the name of their bank, and the correct IFSC code for their specific branch.
2. Select Transfer Type: Choose the appropriate transfer method (NEFT, RTGS, or IMPS) based on the amount and urgency of your transaction.
3. Enter Information: In your online banking portal or mobile app, or at the bank branch, carefully enter all the recipient’s details. Double-check the IFSC code and account number to avoid errors.
4. Verify: Some systems will automatically display the branch name once you enter a valid IFSC code. Always confirm that this matches the expected branch.
5. Confirm and Transact: After verifying all details, confirm the transaction.

For the Bihar Gramin Bank GORARI branch, you would provide PUNB0MBGB06 as the IFSC code when someone needs to send money to an account held at this branch.

Benefits of Knowing Your IFSC Code

Having the correct IFSC code at hand offers several advantages:

• Accurate Transfers: It ensures your funds are transferred to the precise bank and branch, minimizing the risk of misdirected payments.
• Faster Processing: NEFT, RTGS, and IMPS transactions rely on IFSC codes for quick routing, leading to faster crediting of funds.
• Enhanced Security: The unique identification helps prevent fraudulent transactions by confirming the destination bank and branch.
• Nationwide Connectivity: IFSC codes enable seamless electronic fund transfers across any participating bank branch in India.
• Unique Identification: Each branch has a distinct code, making it easy to differentiate between branches of the same bank, even in the same city.

Contact Information

If you need to get in touch with Bihar Gramin Bank, here are the relevant contact details:

• GORARI Branch Phone Number: 9771464357
• GORARI Branch Address: GORARI, Rohtas, 802214, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Punjab National Bank sponsor): 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes:

Q1: What happens if I use the wrong IFSC code for a transfer?
A1: If you enter an incorrect IFSC code, the transaction will likely fail and be rejected by the system. The funds would then typically be returned to your account. However, if the incorrect IFSC code corresponds to a different valid branch, your money might be transferred to the wrong account, which can be difficult to recover. Always double-check the code.

Q2: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A2: No, the IFSC code is unique for each specific branch. While the first few characters (PUNB0MBG) might be similar for many branches within the consolidated group under Punjab National Bank, the last six characters will differ to identify the individual branch, such as GORARI.

Q3: How can I find the IFSC code for other bank branches?
A3: You can find IFSC codes on your bank’s passbook or chequebook. Most bank websites also have an IFSC code search tool. Additionally, the Reserve Bank of India (RBI) website provides a comprehensive list of all valid IFSC codes.

Q4: What is the difference between an IFSC code and a MICR code?
A4: Both are bank codes. An IFSC code (Indian Financial System Code) is used for electronic fund transfers like NEFT, RTGS, and IMPS. A MICR code (Magnetic Ink Character Recognition) is a 9-digit numerical code printed on cheques, primarily used for processing physical cheques. The MICR code for GORARI branch is 800811002.

Q5: Can I transfer money using only the recipient’s account number?
A5: No, for NEFT, RTGS, or IMPS transactions, you always need both the recipient’s account number and the correct IFSC code to ensure the funds are routed to the right bank and branch. Some internal bank transfers might not require an IFSC, but for transfers between different banks, it is mandatory.