Bihar Gramin Bank PATRANG IFSC Code

If you’re looking to send or receive money from the Bihar Gramin Bank branch in PATRANG, Nawada, understanding its Indian Financial System Code, or IFSC, is crucial. This unique 11-character code acts like a digital address for the branch, ensuring that your online fund transfers, whether through NEFT, RTGS, or IMPS, reach the correct bank and branch without any errors. It’s an essential piece of information for secure and efficient banking in today’s digital world.

Bihar Gramin Bank PATRANG Branch Details

Here are the specific details for the Bihar Gramin Bank branch located in PATRANG:

Bank Name	Bihar Gramin Bank
Branch Name	PATRANG
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	6960
Branch Address	PATRANG, Nawada, 805126, 7091596960
Contact Number	7091596960
City	Nawada
District	Nawada
Reason	NAWADA
Pincode	805126
State	Bihar

Merger Update for Bihar Gramin Bank

Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank (PNB). It was formed by the merger of several regional rural banks, including Madhya Bihar Gramin Bank, under the mandate of the Government of India. As a result of this consolidation and its sponsorship by Punjab National Bank, all branches of Bihar Gramin Bank, including the PATRANG branch, now use a unified IFSC code structure. The common IFSC code assigned to Bihar Gramin Bank branches under Punjab National Bank’s sponsorship is PUNB0MBGB06.

This means if you previously used an older IFSC code for a merged entity that is now part of Bihar Gramin Bank, that old code has been revoked. For any online fund transfers to or from the PATRANG branch or any other Bihar Gramin Bank branch, you must use PUNB0MBGB06. Using an outdated IFSC code will lead to transaction failure.

What is an IFSC Code?

The IFSC code is an 11-character alphanumeric code that uniquely identifies every bank branch in India participating in online fund transfers. It’s regulated by the Reserve Bank of India (RBI) to ensure smooth and accurate transactions. Understanding its structure can be helpful:

• The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, indicating its sponsoring bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific branch. In this case, “MBGB06” refers to the specific internal code for Bihar Gramin Bank’s PATRANG branch, or more broadly, the consolidated structure for Bihar Gramin Bank branches.

This unique combination ensures that your funds are directed to the exact intended recipient branch.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code is a straightforward process when you perform online fund transfers like NEFT, RTGS, or IMPS. Here’s a general guide:

1. Log in to Your Net Banking or Mobile Banking App: Access your bank’s online platform.
2. Select Fund Transfer Option: Look for options like “NEFT,” “RTGS,” or “IMPS.”
3. Add a New Beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary.
4. Enter Beneficiary Details: You will be prompted to enter information such as:
   • Beneficiary Name
   • Beneficiary Account Number (confirm it twice)
   • Bank Name (Bihar Gramin Bank)
   • IFSC Code (PUNB0MBGB06 for PATRANG branch)
   • Account Type (Savings, Current, etc.)
5. Verify and Confirm: Double-check all the entered details, especially the account number and IFSC code. A small mistake can lead to funds being sent to the wrong person.
6. Enter Amount and Transfer: Input the amount you wish to transfer and authorize the transaction, usually with an OTP or transaction password.

Once confirmed, the funds will be transferred to the Bihar Gramin Bank PATRANG account.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for the PATRANG branch offers several key advantages:

• Error-Free Transfers: Guarantees that funds sent via NEFT, RTGS, or IMPS reach the correct branch and account.
• Faster Transactions: Speeds up the process of setting up new beneficiaries and initiating transfers.
• Enhanced Security: Reduces the risk of fraudulent transfers by ensuring strict identification of recipient branches.
• Convenience: Essential for setting up various online payments, such as utility bills or loan EMIs, if the beneficiary requires it.
• Bank Identification: Helps in quickly identifying the specific bank and branch for any banking-related queries or services.

Contact Information

For any inquiries related to the Bihar Gramin Bank PATRANG branch or general banking services, you can use the following contact details:

• PATRANG Branch Phone Number: 7091596960
• PATRANG Branch Address: PATRANG, Nawada, 805126, 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 (FAQs)

What is the full form of IFSC?

IFSC stands for Indian Financial System Code. It is an 11-character code used for electronic fund transfers within India.

Can I use the IFSC code of a different Bihar Gramin Bank branch for my PATRANG branch account?

No, you should always use the specific IFSC code for the PATRANG branch, which is PUNB0MBGB06. While all Bihar Gramin Bank branches under Punjab National Bank sponsorship might share a similar initial code (PUNB0MBGB), the last six characters are critical for directing funds to the correct branch. Using a different branch’s code can cause your transaction to fail or be delayed.

Is the IFSC code same for NEFT, RTGS, and IMPS transactions?

Yes, the IFSC code PUNB0MBGB06 is used for all types of electronic fund transfers, including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service), for the Bihar Gramin Bank PATRANG branch.

What should I do if my online transfer fails due to an incorrect IFSC code?

If your transaction fails due to an incorrect IFSC code, the funds are usually reverted to your account within a few hours or, in some cases, up to a couple of business days. You should re-initiate the transaction using the correct IFSC code (PUNB0MBGB06) and ensure all beneficiary details are accurate.

Where can I find the IFSC code for my Bihar Gramin Bank PATRANG branch?

You can find the IFSC code for the PATRANG branch on your bank passbook, cheque book, on the official Bihar Gramin Bank website, or by contacting the branch directly. For convenience, it is also listed in the branch details table in this article: PUNB0MBGB06.