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It was inaugurated on 31 March 2003 as a full-fledged station. Built at a cost of ₹8.61 crore (US$1.0 million), this terminus developed as an alternative to Patna Junction, has all modern facilities for the passengers. Its main entrance is opposite the College of Commerce, Patna.
Lalu Prasad Yadav, then Union Railway Minister, also flagged off the first stainless steel fully covered wagons (BCNHL) train from Rajendra Nagar Terminal. He also unveiled a statue of Dr Rajendra Prasad at Rajendra Nagar Terminal after whom this station has been named.