Bihar Gramin Bank DHARAMSHALA ROAD IFSC Code

The Dharamshala Road branch of Bihar Gramin Bank is located in Aurangabad, Bihar. For anyone needing to send or receive money electronically to an account at this branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code acts as a specific address for the bank branch within the country’s digital payment network. It ensures that funds transferred through systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) reach the correct destination without errors.

Branch Details

Here are the specific details for the Bihar Gramin Bank, Dharamshala Road branch.

Bank Name	Bihar Gramin Bank
Branch Name	DHARAMSHALA ROAD
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	DHARAMSHALA ROAD, Aurangabad, 824101, 9771464432
Contact Number	9771464432
City	Aurangabad
District	Aurangabad
State	Bihar

Important Merger Update

Previously, banking in the region was handled by separate entities, including Dakshin Bihar Gramin Bank (DBGB) and Uttar Bihar Gramin Bank (UBGB). Following a significant merger, Dakshin Bihar Gramin Bank now operates under the sponsorship of Punjab National Bank (PNB). As a result, all old IFSC codes belonging to the pre-merger banks have been revoked and are no longer valid. For any transaction to a Bihar Gramin Bank branch sponsored by PNB, you must use the new IFSC code, which starts with ‘PUNB’. Using an old code will lead to transaction failure. The correct and current code for the Dharamshala Road branch is PUNB0MBGB06.

What is an IFSC Code?

The IFSC is an 11-character alphanumeric code that uniquely identifies a bank branch participating in India’s electronic fund transfer systems. The structure is simple and logical, providing key information at a glance.

Let’s break down PUNB0MBGB06:

• PUNB: The first four alphabetic characters represent the bank’s name. In this case, it signifies Punjab National Bank, the sponsor bank.
• 0: The fifth character is always a zero. It is reserved for future use by the Reserve Bank of India.
• MBGB06: The last six characters identify the specific branch. This part can be a mix of letters and numbers and is unique to the Dharamshala Road branch.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code is a straightforward part of any online money transfer. Whether you are using a mobile banking app or a web portal, the steps are generally the same.

1. Log In: Access your internet or mobile banking account.
2. Select Transfer Type: Navigate to the fund transfer section and choose your preferred method (NEFT, RTGS, or IMPS).
3. Add Beneficiary: If you haven’t sent money to this person before, you will need to add them as a beneficiary or payee.
4. Enter Details: You will be prompted to enter the recipient’s bank account details. This includes their name, account number, and the branch’s IFSC code. For this branch, you would enter PUNB0MBGB06.
5. Verify and Confirm: Double-check all the details, especially the account number and IFSC code, to prevent errors. Once confirmed, enter the amount and authorize the transaction.

Benefits of Using the Correct IFSC Code

Knowing and using the correct IFSC code offers several practical advantages for your banking transactions.

• Ensures Accuracy: The code directs your money to the exact bank and branch, eliminating the risk of funds being sent to the wrong location.
• Enables Fast Payments: It is a mandatory requirement for all major electronic payment systems like NEFT, RTGS, and IMPS, allowing for quick and efficient transfers.
• Reduces Transaction Failures: Using the correct, updated IFSC code prevents transactions from being rejected or delayed due to incorrect branch information.
• Simplifies Identification: The code serves as a standardized identifier for every bank branch across the country, making digital banking more reliable.

Contact Information

For direct assistance or specific queries, you can reach out to the branch or the bank’s head office.

• Branch Phone Number: 9771464432
• Branch Address: DHARAMSHALA ROAD, Aurangabad, Bihar – 824101
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

1. What happens if I use an old, pre-merger IFSC code?

Your transaction will most likely fail. The funds will be reversed to your account, but this can take time. It is crucial to use only the new ‘PUNB’ prefixed IFSC codes.

2. Is the IFSC code the same for every Bihar Gramin Bank branch?

No. While the first four letters (‘PUNB’) might be the same for all branches under PNB’s sponsorship, the last six characters are unique to each specific branch.

3. Can I use PUNB0MBGB06 for IMPS transfers?

Yes, this IFSC code is valid for all three major electronic transfer methods: NEFT, RTGS, and IMPS.

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

It starts with ‘PUNB’ because Punjab National Bank is the sponsor bank for this regional rural bank after the merger. The sponsor bank manages and integrates the smaller bank into the national payment network.

5. What is the difference between an IFSC code and a MICR code?

The IFSC code is an 11-character code used for online fund transfers. The MICR code (Magnetic Ink Character Recognition) is a 9-digit code found at the bottom of a cheque leaf, used primarily for faster processing of physical cheques.