The branch of Bihar Gramin Bank in TORNI, located in the Rohtas district of Bihar, serves as an important financial hub for the local community. When you need to send money electronically, whether to family, friends, or for business, you’ll hear about something called an IFSC code. This unique code is essential for making safe and quick fund transfers through systems like NEFT, RTGS, and IMPS. It acts like a digital address, ensuring your money reaches the right bank and branch every time.
Branch Details
| Detail | Information |
|---|---|
| Bank Name | Bihar Gramin Bank |
| Branch Name | TORNI |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7399 |
| Branch Address | TORNI, Rohtas, 821108, 9771464399 |
| Contact Number | 9771464399 |
| City | Rohtas |
| District | Rohtas |
| Region | SASARAM |
| Pincode | 821108 |
| State | Bihar |
Merger Update
It’s important to understand the history behind the IFSC code PUNB0MBGB06. Bihar Gramin Bank was formed from the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These banks were sponsored by Punjab National Bank (PNB). Following the merger, a unified IFSC code structure was adopted for all branches under the newly formed Bihar Gramin Bank, now sponsored by PNB.
This means that any old IFSC codes previously used for branches under Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid for transactions. To ensure your fund transfers are successful, you must always use the new, consolidated IFSC code. For the TORNI branch, the correct and only valid IFSC code is PUNB0MBGB06. Using an outdated code will cause your transaction to fail.
What is an IFSC Code?
IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to every bank branch that participates in online fund transfers. This code helps identify the specific bank and branch for all electronic transactions, making sure your money goes to the correct destination.
The 11 characters of an IFSC code are broken down into three parts:
- The first four characters represent the bank. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
- The fifth character is always a zero (0). This character is reserved for future use and acts as a control digit.
- The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” identifies the TORNI branch of Bihar Gramin Bank.
How to Use an IFSC Code
Using an IFSC code is straightforward when you’re making an online money transfer. Here’s a general guide for NEFT, RTGS, and IMPS:
- Log in to your Net Banking or Mobile Banking App: Access your bank account using your credentials.
- Select the Fund Transfer Option: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
- Add a New Beneficiary (if not already added): If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. This usually involves providing:
- Beneficiary Name
- Beneficiary Account Number
- Confirm Beneficiary Account Number
- Bank Name (e.g., Bihar Gramin Bank)
- IFSC Code (e.g., PUNB0MBGB06 for TORNI branch)
- Enter the Transfer Details: Once the beneficiary is added or selected, enter the amount you wish to transfer.
- Choose Transfer Type: Select NEFT, RTGS, or IMPS based on the amount and urgency:
- NEFT (National Electronic Funds Transfer): Processes in batches, suitable for amounts generally up to a few lakhs.
- RTGS (Real Time Gross Settlement): For large value transactions (typically 2 lakh and above), processed individually and in real-time.
- IMPS (Immediate Payment Service): For instant transfers, available 24/7, often used for smaller amounts.
- Confirm and Authorize: Review all the details carefully, then confirm the transfer using your transaction password or OTP (One-Time Password).
Benefits of Knowing Your IFSC Code
Having the correct IFSC code at hand offers several important advantages:
- Accuracy in Fund Transfers: It ensures that your money is deposited into the exact bank and branch account you intend, preventing misdirected funds.
- Faster Transactions: With the correct IFSC, electronic transfers like NEFT, RTGS, and IMPS are processed quickly and efficiently.
- Enhanced Security: The unique code adds a layer of security by precisely identifying the destination, reducing the risk of fraud.
- Seamless Online Banking: It’s a mandatory piece of information for almost all digital banking transactions, making your online experience smooth.
- Convenience: You can initiate transfers from anywhere, anytime, without needing to visit the bank branch in person.
Contact Information
Should you need to reach out to Bihar Gramin Bank for queries related to the TORNI branch or general banking services, here are the relevant contact details:
- TORNI Branch Phone Number: 9771464399
- TORNI Branch Address: TORNI, Rohtas, 821108, Bihar
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Bihar Gramin Bank Toll-Free Number: 18001807777
Frequently Asked Questions
Here are some common questions about IFSC codes and Bihar Gramin Bank:
Q1: What happens if I use an old or incorrect IFSC code for a transfer?
A1: If you use an old or incorrect IFSC code, the transaction will most likely fail. Your bank will typically notify you, and the funds will be reversed to your account, though this might take some time. It’s crucial to always use the current and correct IFSC code to avoid delays.
Q2: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A2: No, the IFSC code is unique to each specific branch. While the first few characters (like PUNB0) might be common for branches under the same sponsoring bank, the last six characters are distinct for every branch. Always confirm the exact IFSC for the specific branch where the beneficiary holds an account.
Q3: Where can I find the IFSC code for my Bihar Gramin Bank account?
A3: You can usually find your branch’s IFSC code on your bank passbook, your cheque book, or by logging into your bank’s net banking portal. The bank’s official website also provides a branch locator tool where you can search for the IFSC code.
Q4: What is the difference between NEFT, RTGS, and IMPS in terms of using the IFSC code?
A4: All three payment systems (NEFT, RTGS, and IMPS) require the IFSC code to identify the beneficiary’s bank and branch. The main difference lies in the processing time and transaction limits. NEFT processes in batches, RTGS is for large, real-time transfers, and IMPS offers instant 24/7 transfers, but the IFSC code’s role in directing funds remains consistent across all three.
Q5: Is it safe to share my bank’s IFSC code?
A5: Yes, the IFSC code is public information and is safe to share. It only helps in identifying your bank and branch for incoming fund transfers. It does not provide access to your account or any sensitive financial data. However, you should never share your account number, PIN, or OTP with anyone.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.