Bihar Gramin Bank RANISAGAR IFSC Code

The Ranisagar branch of Bihar Gramin Bank is located in the Bhojpur district of Bihar. For anyone looking to send or receive money electronically to an account at this branch, the Indian Financial System Code (IFSC) is essential. This unique 11-character code identifies the specific bank branch involved in online transactions like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS), ensuring that funds are routed correctly and securely.

Branch Details

Important Merger Update

Bihar Gramin Bank was formed through the amalgamation of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this merger, all branches now operate under the unified Bihar Gramin Bank, sponsored by Punjab National Bank (PNB). As a result, the old IFSC codes previously used by UBGB and DBGB branches have been revoked. For any online transaction, you must now use the new IFSC code, which starts with ‘PUNB’. Using an old, invalid code will cause the transaction to fail.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer system. This code helps identify the originating and destination bank branches, making online payments seamless and error-free.

Let’s break down the IFSC code for the Ranisagar branch, PUNB0MBGB06:

• PUNB: The first four letters represent the name of the sponsor bank, which is Punjab National Bank.
• 0: The fifth character is always a zero. It is reserved for future use.
• MBGB06: The last six characters uniquely identify the specific branch, in this case, the Ranisagar branch of Bihar Gramin Bank.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for online banking is straightforward. Whether you are using a mobile banking app or a web portal, the steps are generally the same for NEFT, RTGS, or IMPS transactions.

1. Log in to your net banking account or mobile banking application.
2. Navigate to the ‘Fund Transfer’ or ‘Payments’ section and select the transfer type (NEFT, RTGS, IMPS).
3. Add a Beneficiary by entering their account details. You will need their name, bank name, account number, and the branch’s IFSC code.
4. For the Ranisagar branch, you would enter PUNB0MBGB06 in the IFSC field.
5. Verify Details. The banking system often auto-populates the branch name after you enter the IFSC code, allowing you to confirm it is correct.
6. Enter the amount you wish to transfer and complete the transaction using your password or OTP.

Benefits of Using the Correct IFSC Code

• Transaction Accuracy: It ensures your money is sent to the exact bank and branch you intend, eliminating routing errors.
• Faster Processing: Correct codes enable automated systems to process your fund transfer request quickly without manual intervention.
• Security: The code acts as a security check, verifying that the account number corresponds with the specified bank branch, reducing the risk of fraud.
• Enables All Online Payments: The IFSC code is mandatory for all major online payment methods, including NEFT, RTGS, and IMPS.

Contact Information

For any queries or assistance, you can contact the branch directly or reach out to the bank’s head office.

Ranisagar Branch
Phone: 9771464072
Address: RANISAGAR, Bhojpur, Bihar – 802165

Head Office
Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll-Free Number: 18001807777

Frequently Asked Questions

1. What is the correct IFSC code for the Bihar Gramin Bank Ranisagar branch?

The official IFSC code for the Ranisagar branch is PUNB0MBGB06. You must use this code for all online fund transfers.

2. Can I still use my old Dakshin Bihar Gramin Bank (DBGB) IFSC code?

No. After the merger of Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank, all old IFSC codes became invalid. You must use the new codes assigned under Bihar Gramin Bank, sponsored by PNB.

3. Why does the IFSC code for Bihar Gramin Bank start with ‘PUNB’?

The first four letters of an IFSC code represent the sponsor bank. Punjab National Bank (PNB) is the sponsor bank for Bihar Gramin Bank, which is why the code begins with ‘PUNB’.

4. What happens if I enter the wrong IFSC code?

If the IFSC code is incorrect but valid for another branch, the funds might be sent to the wrong branch, causing delays in reversal. If the code is completely invalid, the transaction will be rejected by the banking system, and the money will be credited back to your account, though this may take some time.

5. Where else can I find the IFSC code for my branch?

You can find the IFSC code printed on your bank-issued chequebook and on the front page of your passbook. It is also available on the bank’s official website and mobile app.

Kriti Kumari

Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.