The DADAR branch of Bihar Gramin Bank is located in the Aurangabad district of Bihar. For anyone needing to send or receive money through this branch, understanding its Indian Financial System Code (IFSC) is essential. This 11-character code is a unique identifier assigned by the Reserve Bank of India to every bank branch. It acts like a specific address for your money, ensuring that online fund transfers through services like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) reach the correct account without any errors.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | DADAR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | DADAR, Aurangabad, 824129, Bihar |
| Contact Number | 9771464425 |
| City | Aurangabad |
| District | Aurangabad |
| State | Bihar |
Merger and Updated IFSC Code
Previously, Bihar had two separate regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since been merged into a single entity, now known as Bihar Gramin Bank. This new bank is sponsored by Punjab National Bank (PNB).
As a result of this merger, the old IFSC codes for both UBGB and DBGB branches are no longer in use. All transactions must now use the new, updated IFSC codes under the PNB system. For Bihar Gramin Bank, the standardized IFSC code is PUNB0MBGB06. It is critical to use only this new code for all online fund transfers to avoid payment failures or delays. Using an old, revoked IFSC will result in your transaction being rejected.
What is an IFSC Code?
The IFSC code is an 11-character alphanumeric code that uniquely identifies a bank branch participating in online fund transfer systems. Let’s break down the IFSC code for the DADAR branch, PUNB0MBGB06:
- PUNB: The first four characters represent the name of the bank. In this case, ‘PUNB’ stands for Punjab National Bank, the sponsor bank of Bihar Gramin Bank.
- 0: The fifth character is always a zero. It is reserved for future use by the RBI.
- MBGB06: The last six characters are the branch identifier. This part of the code uniquely identifies the specific branch, in this case, the DADAR branch.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code to transfer money is a straightforward process. Whether you are using a mobile banking app or a desktop website, the steps are generally the same.
- Log In: Access your bank’s net banking portal or mobile application.
- Add Beneficiary: Navigate to the fund transfer section and choose to add a new beneficiary or payee.
- Enter Details: You will be asked to provide the recipient’s details. This includes their name, bank account number, and the IFSC code of their bank branch, which is PUNB0MBGB06 for the DADAR branch.
- Verify and Confirm: Double-check all the details, especially the account number and IFSC code, to ensure accuracy. Confirm the addition of the beneficiary, which may require an OTP (One-Time Password).
- Initiate Transfer: Once the beneficiary is added, you can select them from your list, enter the amount you wish to send, and complete the transaction using your password or PIN.
Benefits of Using the Correct IFSC
- Transaction Accuracy: It ensures your money is routed to the exact bank and branch, eliminating the risk of it going to the wrong place.
- Faster Processing: Correct codes enable automated systems to process transactions quickly without manual intervention, leading to faster credit.
- Error Prevention: The unique code helps banking systems validate the beneficiary’s bank details, reducing the chances of transaction failure.
- Secure Transfers: It is a key component of the secure infrastructure that supports reliable digital payments across India.
Contact Information
For any specific queries or assistance, you can contact the branch or the head office directly.
- Branch Contact Number: 9771464425
- Branch Address: DADAR, Aurangabad, Bihar – 824129
- Head Office Address: Bihar Gramin Bank, SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions
1. What is the new IFSC code for the Bihar Gramin Bank DADAR branch?
The correct and updated IFSC code for the DADAR branch is PUNB0MBGB06. This code should be used for all NEFT, RTGS, and IMPS transactions.
2. Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
It starts with ‘PUNB’ because Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). After the merger of regional rural banks, the IFSC codes were aligned with the sponsor bank’s identifier.
3. Can I still use my old Dakshin Bihar Gramin Bank (DBGB) IFSC code?
No. All old IFSC codes associated with Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank are now invalid. Using them will cause your transaction to fail. You must use the new code, PUNB0MBGB06.
4. What should I do if I enter the wrong IFSC code?
If the IFSC code you entered does not exist, the transaction will likely be rejected automatically. If the code exists but points to the wrong branch, the funds might be credited to an incorrect account if the account number also matches at that branch. It is always best to double-check the IFSC code before confirming a transfer.
5. Is this IFSC code the same for all branches of Bihar Gramin Bank?
No, the last six characters of the IFSC code are unique to each branch. While PUNB0MBGB06 is specific to the DADAR branch, other branches of Bihar Gramin Bank will have a different six-character code at the end.
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.