Bihar Gramin Bank AGRER IFSC Code

The Bihar Gramin Bank branch in AGRER, located in the Rohtas district of Bihar, serves a vital role for its community. When you need to send or receive money electronically, whether through methods like NEFT, RTGS, or IMPS, a specific code is required. This code is known as the Indian Financial System Code, or IFSC. It acts like a unique digital address for each bank branch, ensuring that your funds reach the correct recipient quickly and securely.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	AGRER
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7472
Branch Address	AGRER, Rohtas, 821115, 7781004472
Contact Number	7781004472
City	Rohtas
District	Rohtas
Region	SASARAM
Pincode	821115
State	Bihar

Merger Update

Bihar Gramin Bank is a Regional Rural Bank (RRB) that has undergone significant consolidation. It was formed by merging various regional rural banks, including Uttar Bihar Gramin Bank (UBGB) and Madhya Bihar Gramin Bank (MBGB). Previously, these individual banks might have had different IFSC codes. However, with the consolidation and sponsorship by Punjab National Bank, the bank now operates under a unified system.

The IFSC code for Bihar Gramin Bank branches, such as AGRER, now reflects this sponsorship. For instance, the code PUNB0MBGB06 indicates its affiliation with Punjab National Bank (PUNB) and specifically identifies it within the Madhya Bihar Gramin Bank (MBGB) structure. It is important to know that any old IFSC codes previously used by Uttar Bihar Gramin Bank, Dakshin Bihar Gramin Bank, or other predecessor banks are now revoked. For all fund transfers, only the new, updated IFSC codes like PUNB0MBGB06 are valid and must be used.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code that helps identify bank branches involved in electronic fund transfers. Each part of the code has a specific meaning:

• The first four characters represent the bank’s main identifier. For Bihar Gramin Bank, sponsored by Punjab National Bank, these characters are PUNB.
• 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 uniquely identify a specific bank branch. In the case of PUNB0MBGB06, MBGB06 pinpoints the AGRER branch within the Madhya Bihar Gramin Bank network under PNB’s sponsorship. Here, MBGB refers to the specific Gramin Bank entity, and 06 is the unique branch identifier for AGRER.

How to Use an IFSC Code

Using the IFSC code correctly is crucial for successful electronic fund transfers like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). Here are the general steps:

1. Log In: Access your net banking portal or mobile banking app.
2. Select Transfer Type: Choose the type of transfer you wish to make (NEFT, RTGS, or IMPS).
3. Add Beneficiary: If you haven’t transferred to this person before, you’ll need to add them as a beneficiary. You will typically need to provide:
   • The beneficiary’s full name.
   • The beneficiary’s account number.
   • The beneficiary’s bank name (Bihar Gramin Bank).
   • The IFSC code of the beneficiary’s specific branch (e.g., PUNB0MBGB06 for AGRER).
   • Confirm the account number again, if prompted.
4. Enter Amount: Specify the amount of money you wish to transfer.
5. Review and Confirm: Carefully review all the details you’ve entered, especially the account number and IFSC code, to avoid any errors.
6. Authenticate: Complete the transaction by entering your password or OTP (One-Time Password).

Once confirmed, the funds will be transferred to the beneficiary’s account based on the chosen transfer method’s timings.

Benefits of Knowing Your IFSC Code

Knowing and using the correct IFSC code offers several benefits:

• Accurate Transfers: It ensures that your money goes to the correct bank and specific branch, preventing misdirected funds.
• Faster Processing: Correct IFSC codes help banks process NEFT, RTGS, and IMPS transactions quickly and efficiently.
• Security: The unique identification helps in maintaining the security and integrity of the banking system.
• Wider Reach: It enables seamless money transfers across different banks and branches throughout India.
• Digital Convenience: Essential for all digital payment methods, making banking more convenient and accessible.

Contact Information

For inquiries related to the AGRER branch or Bihar Gramin Bank:

• Branch Phone Number (AGRER): 7781004472
• Branch Address (AGRER): AGRER, Rohtas, 821115, Bihar
• Head Office Address (Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Bihar Gramin Bank): 18001807777

Frequently Asked Questions

Q1: Is Bihar Gramin Bank part of Punjab National Bank?
A: Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank (PNB). This means PNB provides guidance and support, and the IFSC codes for Bihar Gramin Bank branches reflect this sponsorship, starting with “PUNB”.

Q2: What does the “MBGB” in the IFSC code PUNB0MBGB06 stand for?
A: “MBGB” specifically stands for Madhya Bihar Gramin Bank. This indicates that the AGRER branch falls under the Madhya Bihar Gramin Bank structure, which is now part of the broader Bihar Gramin Bank operating under PNB sponsorship.

Q3: Can I still use an old IFSC code for a Bihar Gramin Bank branch if I know it?
A: No, it is crucial to use only the current and updated IFSC codes. Old IFSC codes, especially those from predecessor banks like Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank before their mergers into Bihar Gramin Bank, are revoked and will not work for transactions.

Q4: Is the IFSC code for NEFT different from RTGS or IMPS for the same branch?
A: No, the IFSC code remains the same for all electronic fund transfer methods like NEFT, RTGS, and IMPS when sending money to a specific branch. The code identifies the branch, not the transfer type.

Q5: What happens if I enter an incorrect IFSC code during a transaction?
A: If you enter an incorrect IFSC code, the transaction will likely fail and bounce back to your account. In some rare cases, if the incorrect code corresponds to a different valid branch, the funds could potentially be misdirected. Always double-check the IFSC code and account number to ensure accuracy.