Bihar Gramin Bank RUPOU IFSC Code

If you’re looking to transfer funds to or from the Rupou branch of Bihar Gramin Bank in Nawada, Bihar, understanding its Indian Financial System Code (IFSC) is crucial. This unique code acts like a digital address, ensuring your money reaches the correct bank and branch without errors. Whether you’re using National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS), the IFSC code is a mandatory detail that makes these online transactions possible and secure.

Branch Details

Here are the essential details for the Bihar Gramin Bank’s Rupou branch:

Bank Name	Bihar Gramin Bank
Branch Name	RUPOU
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7298
Branch Address	RUPOU, Nawada, 805107
Contact Number	9771464298
City	Nawada
District	Nawada
Reason	NAWADA
Pincode	805107
State	Bihar

Merger Update

It’s important to note a significant change regarding Bihar Gramin Bank. Previously, there were Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two rural banks have merged to form a single entity: Madhya Bihar Gramin Bank. This new bank is sponsored by Punjab National Bank (PNB).

As a result of this merger, all branches under what was formerly UBGB or DBGB now operate under the unified structure of Madhya Bihar Gramin Bank. This also means there’s a single, consolidated series of IFSC codes for all its branches, starting with PUNB0MBGB. The old IFSC codes that belonged to UBGB and DBGB branches are no longer valid for transactions. For the Rupou branch, the correct and currently valid IFSC code for all fund transfers is PUNB0MBGB06. Always use this new code to ensure your transactions are processed correctly.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It’s an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch participating in online fund transfers. This code is crucial for facilitating electronic payments like NEFT, RTGS, and IMPS.

The structure of an IFSC code is specific:

• The first four characters represent the bank name. For the Rupou branch, its IFSC code PUNB0MBGB06 starts with PUNB, indicating Punjab National Bank, which is the sponsor bank for Madhya Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and helps maintain uniqueness.
• The last six characters identify the specific branch. In the case of PUNB0MBGB06, MBGB06 points directly to the Rupou branch of Madhya Bihar Gramin Bank.

How to Use an IFSC Code

Using the IFSC code correctly is vital for any online fund transfer. Here’s how you typically use it for NEFT, RTGS, or IMPS:

1. Log in to your online banking portal or mobile banking app: Access your account through your bank’s secure platform.
2. Select the type of transfer: Choose NEFT, RTGS, or IMPS, depending on the amount and urgency of your transfer.
3. Add a new beneficiary (if not already added): You’ll need to provide the recipient’s details.
4. Enter Beneficiary Details:
   • Beneficiary Name: The full name of the person or entity receiving the funds.
   • Beneficiary Account Number: The accurate account number of the recipient.
   • Confirm Beneficiary Account Number: Re-enter the account number to ensure accuracy.
   • Beneficiary Bank Name: In this case, Madhya Bihar Gramin Bank.
   • Beneficiary IFSC Code: Enter PUNB0MBGB06 for the Rupou branch. Double-check this code for any typos.
5. Enter Transfer Amount: Specify the amount you wish to send.
6. Add a Remark (Optional): You can add a note about the purpose of the transfer.
7. Confirm and Authorize: Review all details carefully before confirming the transaction. You might need to use an OTP (One-Time Password) or transaction PIN to authorize the transfer.

For cash deposits or cheque deposits at a bank branch, you typically only need the account number, but for digital transfers, the IFSC code is always required.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank or the beneficiary’s bank offers several key benefits:

• Ensures Accurate Transfers: The unique code guarantees that funds are directed to the specific branch intended, minimizing the risk of misdirected payments.
• Facilitates Faster Transactions: IFSC codes streamline the process of electronic fund transfers, allowing NEFT, RTGS, and IMPS to be processed quickly and efficiently.
• Enhances Security: By precisely identifying the destination branch, the IFSC code adds a layer of security to online transactions, reducing fraud potential.
• Supports Nation-wide Transfers: It enables seamless money transfers between any two bank branches in India, regardless of their location.
• Mandatory for Digital Banking: For almost all forms of online banking and mobile banking fund transfers, providing the correct IFSC code is a fundamental requirement.

Contact Information

For any inquiries or assistance related to the Rupou branch or Madhya Bihar Gramin Bank, you can use the following contact details:

• Branch Phone Number (Rupou): 9771464298
• Branch Address (Rupou): RUPOU, Nawada, 805107
• Head Office Address (Madhya Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Madhya Bihar Gramin Bank): 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes and the Rupou branch:

Q1: What is the full form of IFSC?
A1: IFSC stands for Indian Financial System Code. It’s an 11-character code used for electronic fund transfers in India.

Q2: Is the IFSC code the same for all branches of Madhya Bihar Gramin Bank?
A2: No, the IFSC code is unique for each individual branch. While the first few characters (PUNB0MBGB) are common across all branches of Madhya Bihar Gramin Bank due to the merger and sponsorship by Punjab National Bank, the last six characters are specific to each branch, identifying it distinctly.

Q3: What should I do if I use a wrong IFSC code during a transaction?
A3: If you enter an incorrect IFSC code, the transaction will likely fail or be rejected, especially if the code doesn’t correspond to the beneficiary’s bank and account details. The funds would typically be reversed to your account within a short period. However, always double-check the IFSC code before initiating a transfer to avoid delays or complications.

Q4: Can I find the IFSC code for the Rupou branch on my passbook or cheque book?
A4: Yes, the IFSC code for your specific branch is usually printed on your bank passbook and cheque book. You can typically find it on the first page of your passbook or at the top of a cheque leaf. For the Rupou branch, look for PUNB0MBGB06.

Q5: Why does the IFSC code for Madhya Bihar Gramin Bank start with “PUNB”?
A5: The IFSC code for Madhya Bihar Gramin Bank (including the Rupou branch) starts with “PUNB” because Punjab National Bank (PNB) is its sponsor bank. Following the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank to form Madhya Bihar Gramin Bank, PNB provides the sponsorship and, therefore, its bank code prefix is used in the IFSC structure.