Bihar Gramin Bank Raja Patti IFSC Code

This article provides details about the Bihar Gramin Bank branch located in Raja Patti, SARAN, Bihar. Understanding your bank’s Indian Financial System Code (IFSC) is crucial for smooth and secure digital fund transfers. Whether you’re sending money through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the correct IFSC code ensures your funds reach the intended recipient’s bank account accurately and without delay.

Branch Details Table

Here are the specific details for the Bihar Gramin Bank, Raja Patti branch:

Bank Name	Bihar Gramin Bank
Branch Name	Raja Patti
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100568
Branch Address	Raja Patti, SARAN, 841420, 9297955270
Contact Number	9297955270
City	SARAN
District	SARAN
Reason	CHAPRA
Pincode	841420
State	Bihar

Merger Update

Bihar Gramin Bank itself is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. It was formed through the amalgamation of earlier regional rural banks to streamline banking services in Bihar.

For customers of erstwhile Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), these banks have also undergone significant mergers and restructuring. Their services are now consolidated, and the unified IFSC code, PUNB0MBGB06, is currently the valid code for transactions for these previously distinct entities, operating under the umbrella of Punjab National Bank. It is critical to note that all previous UBGB and DBGB IFSC codes are now revoked and no longer valid. You must use PUNB0MBGB06 for any fund transfers involving these merged banks to ensure your transactions are successful.

What is IFSC Code?

The IFSC Code, or Indian Financial System Code, is an 11-character alphanumeric code that uniquely identifies every bank branch in India participating in the NEFT, RTGS, and IMPS systems. It helps direct your funds to the correct branch.

The code follows a specific structure:

• The first four characters represent the bank name. For example, PUNB stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific bank branch. For the Raja Patti branch, this part is MBGB06.

So, the IFSC PUNB0MBGB06 tells the payment system that the transaction is for a Bihar Gramin Bank branch sponsored by Punjab National Bank, specifically the Raja Patti branch.

How to Use IFSC Code

You will need the IFSC code whenever you want to transfer money digitally using NEFT, RTGS, or IMPS. Here’s how it’s typically used:

1. Gather Beneficiary Details: You need the recipient’s bank account number, their full name, and the IFSC code of their bank branch.
2. Access Your Banking Platform: Log in to your net banking portal or mobile banking application.
3. Navigate to Fund Transfer: Select the “Fund Transfer” or “Payments” option.
4. Add New Beneficiary: If you haven’t transferred money to this person before, you’ll need to add them as a new beneficiary.
5. Enter IFSC Code: Input the correct 11-character IFSC code, PUNB0MBGB06, for the Raja Patti branch. The system will often auto-fill the bank and branch name once you enter the IFSC.
6. Provide Account Details: Enter the beneficiary’s account number, confirm it, and fill in their name.
7. Specify Amount and Transfer Type: Enter the amount you wish to transfer and choose your preferred transfer method (NEFT, RTGS, or IMPS).
8. Confirm Transaction: Review all the details carefully before confirming the transfer. An incorrect IFSC code could result in funds being sent to the wrong bank or being returned, causing delays.

Benefits of Knowing IFSC Code

Understanding and using the correct IFSC code offers several benefits:

• Accurate Fund Transfers: Ensures your money reaches the precise bank branch of the recipient, reducing errors.
• Faster Processing: Digital transfers like NEFT, RTGS, and IMPS rely on the IFSC for quick routing of funds, making transactions efficient.
• Security: The unique code adds a layer of security by verifying the destination branch, preventing misdirection of funds.
• Convenience: Facilitates hassle-free online transactions from anywhere, at any time, without needing to visit a physical bank branch.
• Mandatory for Digital Payments: It is a compulsory requirement for all major electronic fund transfer systems in India.

Contact Section

Should you need to contact the branch or the head office, here are the details:

• Raja Patti Branch Phone Number: 9297955270
• Raja Patti Branch Address: Raja Patti, SARAN, 841420, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs Section

Here are some common questions about IFSC codes and banking with Bihar Gramin Bank:

Q1: What is the IFSC code for Bihar Gramin Bank, Raja Patti branch?
A1: The IFSC code for the Bihar Gramin Bank, Raja Patti branch, is PUNB0MBGB06.

Q2: Why did the IFSC codes change for some regional rural banks in Bihar?
A2: IFSC codes often change due to mergers or amalgamations of banks. When smaller regional rural banks combine to form a larger entity, their banking operations are consolidated, and new, unified IFSC codes are issued to reflect the new structure, often under the sponsor bank’s prefix.

Q3: Can I use an old IFSC code for a merged bank branch?
A3: No, it is crucial to use only the new, updated IFSC code for any merged bank. Old IFSC codes are typically revoked and will cause your transaction to fail or be returned, leading to delays. Always verify the latest IFSC code before initiating a transfer.

Q4: What is the difference between NEFT, RTGS, and IMPS?
A4: These are all electronic fund transfer methods. NEFT processes transactions in batches at specific times during banking hours. RTGS is for large-value transfers (typically 2 lakh INR and above) and processes transactions individually and continuously throughout the day. IMPS offers immediate, 24/7 fund transfers, suitable for smaller amounts, and is available even on holidays.

Q5: Where can I find the correct 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. It is also available on the official website of your bank or through reliable third-party financial service websites.