Bihar Gramin Bank AMRA TALAB IFSC Code

In the heart of Rohtas district, Bihar, lies the AMRA TALAB branch of Bihar Gramin Bank. For anyone looking to send or receive money electronically, understanding the Indian Financial System Code (IFSC) for this branch is crucial. This unique code acts like a digital address, ensuring that your online fund transfers through systems like NEFT, RTGS, and IMPS reach the correct bank and specific branch without any errors. It’s a vital piece of information for secure and efficient banking in today’s digital age.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	AMRA TALAB
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7471
Branch Address	AMRA TALAB, Rohtas, 821305, 7781004471
Contact Number	7781004471
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	821305
State	Bihar

Merger Update

Bihar Gramin Bank was formed through the merger of two prominent regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This consolidation means that any old IFSC codes associated with UBGB or DBGB are no longer valid for transactions. All financial transfers to branches that were formerly part of these banks, including the AMRA TALAB branch, must now use the new, unified IFSC code under Bihar Gramin Bank. For the AMRA TALAB branch, the valid IFSC code is PUNB0MBGB06. It’s important to always use the current code to ensure your money reaches the right place. Punjab National Bank is the sponsor bank for Bihar Gramin Bank.

What is an IFSC Code?

An IFSC code is an 11-character alphanumeric code that uniquely identifies every bank branch in India participating in online fund transfers. It’s designed to streamline the process of transferring money between different banks and branches.

Here’s how the IFSC code PUNB0MBGB06 breaks down:

• The first four characters, PUNB, represent the sponsor bank, which in this case is Punjab National Bank.
• The fifth character is always a 0 (zero). This character is reserved for future use and helps differentiate bank codes from branch codes.
• The last six characters, MBGB06, uniquely identify the specific AMRA TALAB branch of Bihar Gramin Bank. ‘MBGB’ signifies the Regional Rural Bank (Bihar Gramin Bank), and ’06’ is the specific branch identifier within that bank.

This structure ensures that each transaction is directed precisely to its intended destination.

How to Use an IFSC Code

Using an IFSC code is straightforward when you’re making an online fund transfer through services like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service). Here are the typical steps:

1. Log In: Access your internet banking portal or mobile banking app.
2. Select Transfer Type: Choose the type of transfer you want to make (NEFT, RTGS, or IMPS).
3. Add Beneficiary: If you haven’t already, you’ll need to add the recipient (beneficiary) details.
4. Enter Details: Provide the beneficiary’s information, which typically includes:
   • Beneficiary Name
   • Beneficiary Account Number (and confirm it)
   • Beneficiary Account Type (e.g., Savings, Current)
   • Beneficiary Bank Name (Bihar Gramin Bank)
   • Beneficiary Branch Name (AMRA TALAB)
   • The IFSC Code (PUNB0MBGB06)
5. Enter Amount: Specify the amount you wish to transfer.
6. Review and Confirm: Double-check all the details, especially the account number and IFSC code, before confirming the transaction. This prevents funds from being sent to the wrong account.

The IFSC code plays a critical role in verifying the branch details, making sure your money goes to the correct destination.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or the branch you are sending money to, offers several important benefits:

• Secure Transfers: It ensures that your funds are directed to the precise bank and branch, minimizing the risk of errors or misdirected payments.
• Mandatory for Online Banking: The IFSC code is a compulsory detail for all major electronic fund transfer systems like NEFT, RTGS, and IMPS. You cannot complete an online transfer without it.
• Prevents Errors: By uniquely identifying each branch, it helps in preventing mistakes that could occur if only the bank name and account number were used, especially in large banks with many branches.
• Faster Processing: The accuracy provided by the IFSC code contributes to the quick and efficient processing of transactions, allowing money to move faster between accounts.
• Access to Digital Banking: It is a fundamental component for utilizing modern digital banking services, enabling convenient and instant transactions from anywhere.

Contact Information

For specific inquiries or assistance related to the AMRA TALAB branch of Bihar Gramin Bank, you can use the following contact details:

• Branch Phone Number: 7781004471
• Branch Address: AMRA TALAB, Rohtas, 821305
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

Q1: Is Bihar Gramin Bank a government bank?

A1: Bihar Gramin Bank is a Regional Rural Bank (RRB). While it operates under government regulations and policies, it is sponsored by Punjab National Bank, a public sector bank. RRBs are jointly owned by the Government of India, the sponsoring bank, and the state government.

Q2: Can I use an old IFSC code if the branch was part of Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank before the merger?

A2: No, you cannot. After the merger that formed Bihar Gramin Bank, all old IFSC codes of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were revoked. You must use the new IFSC codes, like PUNB0MBGB06 for the AMRA TALAB branch, for any financial transactions.

Q3: What is the main difference between NEFT and RTGS?

A3: The main difference lies in the settlement time and minimum transaction amount. NEFT (National Electronic Funds Transfer) processes transactions in batches, typically every half hour, and has no minimum amount. RTGS (Real Time Gross Settlement) processes transactions individually and continuously, meaning funds are transferred almost instantly, but it has a minimum transaction limit of ₹2,00,000 (Two Lakh Rupees). IMPS (Immediate Payment Service) also offers instant transfers, typically without a minimum limit.

Q4: Is the IFSC code unique for every branch?

A4: Yes, absolutely. Each bank branch in India that participates in electronic fund transfers has its own distinct 11-character IFSC code. This uniqueness is crucial for ensuring that funds are accurately routed to the correct destination.

Q5: Where can I find the IFSC code for my bank branch?

A5: You can typically find your bank’s IFSC code on your cheque book, bank passbook, or account statement. Most bank websites and mobile banking apps also provide this information. Additionally, the Reserve Bank of India (RBI) website offers a search facility for IFSC codes.