Bihar Gramin Bank KURUR IFSC Code

You are looking for information about the Bihar Gramin Bank branch located in KURUR, Rohtas, Bihar. This article will explain the important details of this branch, especially its Indian Financial System Code (IFSC). The IFSC code is a unique identifier essential for electronic money transfers like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). It ensures your funds reach the correct bank and branch without errors.

Branch Details

Here are the key details for the Bihar Gramin Bank’s KURUR branch:

Bank Name	Bihar Gramin Bank
Branch Name	KURUR
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7371
Branch Address	KURUR, Rohtas, 802205, 9771464371
Contact Number	9771464371
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	802205
State	Bihar

Merger Update

Bihar Gramin Bank, along with Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), has undergone a significant merger. These banks are now operating under the sponsorship of Punjab National Bank (PNB). As a result of this merger, a unified system has been adopted, and all transactions for the merged entity now use the single IFSC code: PUNB0MBGB06. It is very important to note that any old IFSC codes previously used by UBGB or DBGB branches are now revoked and are no longer valid for any fund transfers. For any electronic banking transaction involving Bihar Gramin Bank, including the KURUR branch, you must use PUNB0MBGB06.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It is a unique 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify each bank branch in India. This code is crucial for all electronic fund transfers. Understanding its structure can help you identify its parts:

• The first four characters represent the bank name. In the case of PUNB0MBGB06, “PUNB” refers to Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a “0” (zero). This character is reserved for future use by the RBI.
• The last six characters identify the specific branch. For the KURUR branch, “MBGB06” uniquely identifies this particular location within the Bihar Gramin Bank network under PNB.

How to Use an IFSC Code

Using the correct IFSC code is vital when you want to send money electronically. Here’s how you typically use it for different types of transfers:

• NEFT (National Electronic Funds Transfer): This system allows you to transfer money from one bank account to another across India. NEFT transactions are processed in batches during specific hours.

  To use NEFT: Log into your net banking account or visit your bank. You will need the beneficiary’s name, their bank account number, the type of account (savings or current), and the correct IFSC code (PUNB0MBGB06 for KURUR branch).

• RTGS (Real Time Gross Settlement): RTGS is designed for large-value transactions where funds are transferred in real-time on a gross (one-to-one) basis. It’s often used for urgent and high-value payments.

  To use RTGS: Similar to NEFT, you’ll enter the beneficiary’s details, including their name, account number, account type, and the IFSC code (PUNB0MBGB06). RTGS usually has a minimum transaction limit.

• IMPS (Immediate Payment Service): IMPS offers instant, 24/7 money transfers, even on holidays. It’s often used for smaller, immediate payments.

  To use IMPS: You can use your bank’s mobile app or net banking portal. You will need the beneficiary’s mobile number and MMID (Mobile Money Identifier), or their bank account number and IFSC code (PUNB0MBGB06).

Always double-check the IFSC code and other beneficiary details before confirming a transaction to prevent any issues.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch offers several advantages:

• Ensures Accuracy: It helps route your funds to the exact bank and branch, preventing money from going to the wrong account.
• Facilitates Fast Transfers: It is a key requirement for quick electronic fund transfers like NEFT, RTGS, and IMPS, making banking efficient.
• Enhances Security: The unique identification helps reduce the risk of fraud and errors in financial transactions.
• Supports Online Banking: With the IFSC code, you can easily conduct transactions from anywhere using internet banking or mobile banking services.
• Standardization: It provides a uniform system for all financial institutions in India, making inter-bank transactions smooth and reliable.

Contact Information

For any inquiries or assistance related to Bihar Gramin Bank, KURUR branch, or the head office, you can use the following contact details:

• Branch Phone Number (KURUR): 9771464371
• Branch Address (KURUR): KURUR, Rohtas, 802205
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about the Bihar Gramin Bank IFSC code:

Q1: Why did Bihar Gramin Bank’s IFSC code change?
A1: The IFSC code for Bihar Gramin Bank, along with its merged entities Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank, has transitioned to a new code (PUNB0MBGB06) due to their merger and their current sponsorship by Punjab National Bank. This change unifies their banking operations under a single identifier.

Q2: Can I still use my old IFSC code for transactions if I have an account with the merged banks?
A2: No, it is crucial to only use the new IFSC code, PUNB0MBGB06, for all electronic fund transfers. Any old IFSC codes for Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are revoked and will cause transactions to fail.

Q3: What happens if I accidentally use the wrong IFSC code for a transfer?
A3: If an incorrect IFSC code is used, the electronic fund transfer will most likely fail. The system identifies the bank and branch using this code, and a mismatch will prevent the transaction from being processed. Always double-check the code before initiating a transfer.

Q4: Is the fifth character always zero in an IFSC code?
A4: Yes, in every IFSC code, the fifth character is always a ‘0’ (zero). This position is reserved by the Reserve Bank of India for future use or internal identification purposes.

Q5: How can I find the IFSC code for a Bihar Gramin Bank branch other than KURUR?
A5: You can find the IFSC code for other branches by checking your bank passbook or cheque book. Alternatively, you can visit the official website of Punjab National Bank (as they are the sponsor bank), or use trusted third-party financial service websites that provide bank branch details.