Bihar Gramin Bank Rajanpura IFSC Code

The Bihar Gramin Bank branch in Rajanpura, located in the SIWAN district of Bihar, serves as a vital financial hub for the local community. When you need to transfer money digitally, understanding the bank’s Indian Financial System Code (IFSC) is essential. This unique code acts like a digital address, ensuring that funds sent through systems like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) reach the correct bank and specific branch without error.

Branch Details

Field	Detail
Bank Name	Bihar Gramin Bank
Branch Name	Rajanpura
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100674
Branch Address	Rajanpura, SIWAN, 841236, 9297954491
Contact Number	9297954491
City	SIWAN
District	SIWAN
Region	SIWAN
Pincode	841236
State	Bihar

Merger Update

Bihar Gramin Bank was formed on January 1, 2019, through the amalgamation of two key regional rural banks: Uttar Bihar Gramin Bank and Madhya Bihar Gramin Bank. Both these banks were sponsored by Punjab National Bank. As a result of this merger, all branches previously belonging to Uttar Bihar Gramin Bank and Madhya Bihar Gramin Bank now operate under the unified structure of Bihar Gramin Bank. This means that if you previously held an account with Uttar Bihar Gramin Bank, your branch is now part of Bihar Gramin Bank.

Following the merger, a new, unified IFSC code has been implemented for all branches of Bihar Gramin Bank. The IFSC code PUNB0MBGB06 is the valid code for the Rajanpura branch and all other branches of Bihar Gramin Bank. It is crucial to understand that any old IFSC codes used by Uttar Bihar Gramin Bank or Madhya Bihar Gramin Bank before the merger have been revoked. For any fund transfers or online transactions, only the new, unified IFSC code PUNB0MBGB06 must be used to ensure your transaction is successful.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It uniquely identifies every bank branch participating in online fund transfers within India. This code is crucial for directing money to the correct destination during digital transactions.

The structure of the IFSC code PUNB0MBGB06 can be broken down as follows:

• The first four characters represent the bank. In this case, “PUNB” stands for Punjab National Bank, which is the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always a “0” (zero). This character is reserved for future use and acts as a control digit to maintain the uniqueness of the code.
• The last six characters identify the specific branch. For the Rajanpura branch, “MBGB06” is the unique identifier within Bihar Gramin Bank.

How to Use an IFSC Code

The IFSC code is essential for various digital payment methods. Here’s how you typically use it:

• NEFT (National Electronic Funds Transfer): When you initiate an NEFT transfer through your bank’s online portal or mobile app, you will be prompted to enter the beneficiary’s account number, their name, and their bank’s IFSC code. For the Rajanpura branch of Bihar Gramin Bank, you would enter PUNB0MBGB06. This system processes transfers in batches at specific intervals.
• RTGS (Real-Time Gross Settlement): RTGS is used for high-value transactions, where funds are transferred individually and continuously throughout the working day. Similar to NEFT, you need the beneficiary’s account details and the correct IFSC code (PUNB0MBGB06 for Rajanpura) to complete the transaction.
• IMPS (Immediate Payment Service): IMPS allows for instant fund transfers 24/7, even on holidays. If you’re sending money to an account at the Bihar Gramin Bank, Rajanpura, you’ll enter the beneficiary’s mobile number and MMID (Mobile Money Identifier) or their account number and the IFSC code (PUNB0MBGB06).

Always double-check the IFSC code before confirming any transaction to prevent funds from being sent to the wrong account.

Benefits of Knowing the IFSC Code

Having the correct IFSC code for your bank branch offers several key advantages:

• Ensures Accuracy: It directs your funds precisely to the intended bank and branch, minimizing the chances of transfer errors.
• Facilitates Digital Transfers: It is a mandatory requirement for all major online payment systems like NEFT, RTGS, and IMPS, enabling fast and efficient money movement.
• Increases Security: By uniquely identifying each branch, it adds a layer of security, making it harder for fraudulent transfers to occur.
• Saves Time: It streamlines the transfer process, allowing for quicker completion of transactions compared to traditional methods.
• Maneuvers Mergers: Knowing the new, unified IFSC code is critical after bank mergers, ensuring continued access to digital banking services.

Contact Information

Should you need to contact the Rajanpura branch or the bank’s head office, here are the details:

• Branch Phone Number: 9297954491
• Branch Address: Rajanpura, SIWAN, 841236
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs

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

Q2: Is the Rajanpura branch still operational after the merger of Uttar Bihar Gramin Bank?
A2: Yes, the Rajanpura branch is fully operational. It now functions under the unified structure of Bihar Gramin Bank, which was formed by the merger of Uttar Bihar Gramin Bank and Madhya Bihar Gramin Bank.

Q3: Can I use an old IFSC code from Uttar Bihar Gramin Bank for transactions to the Rajanpura branch?
A3: No, you cannot. All old IFSC codes from Uttar Bihar Gramin Bank have been revoked. You must use the new, unified IFSC code, PUNB0MBGB06, for all transactions to the Rajanpura branch and other Bihar Gramin Bank branches.

Q4: What is the significance of the ‘0’ (zero) as the fifth character in the IFSC code?
A4: The fifth character, always a ‘0’, is reserved for future use. It acts as a control digit to ensure the uniqueness of each IFSC code across different banks and branches.

Q5: For what types of transactions is the IFSC code required?
A5: The IFSC code is required for all digital fund transfer methods, including NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service).