Bihar Gramin Bank DAILI IFSC Code

Located in DAILI, Nalanda, Bihar, the Bihar Gramin Bank branch plays an important role in the local economy. For any money transfers, such as NEFT, RTGS, or IMPS, knowing the correct Indian Financial System Code (IFSC) is essential. This unique code ensures your funds reach the right bank and branch account without error.

Branch Details

Here are the key details for the Bihar Gramin Bank DAILI branch:

Bank Name	Bihar Gramin Bank
Branch Name	DAILI
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	6895
Branch Address	DAILI, Nalanda, 803110
Contact Number	9523596895
City	Nalanda
District	Nalanda
Area/Reason	BIHARSHARIF
Pincode	803110
State	Bihar

Merger Update

For customers of Bihar Gramin Bank, it is important to know about recent changes. Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Because of this merger, all branches, including the DAILI branch, now operate under a single, unified IFSC code: PUNB0MBGB06.

This means that any old IFSC codes previously used for branches under UBGB or DBGB are no longer valid for transactions. To ensure your funds are transferred correctly, always use the new and current IFSC code, PUNB0MBGB06, for all your NEFT, RTGS, and IMPS transactions involving Bihar Gramin Bank.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is a unique, 11-character alphanumeric code used for electronic fund transfers in India. It helps identify a specific bank branch. Here’s how it is structured:

• The first four characters identify the bank. For example, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a “0” (zero). This is a control character reserved for future use.
• The last six characters identify the specific branch. For the DAILI branch, these are “MBGB06”.

So, PUNB0MBGB06 specifically directs your transaction to the DAILI branch of Bihar Gramin Bank.

How to Use an IFSC Code

You will need the IFSC code whenever you make an electronic fund transfer. Here’s how to use it for common transaction types:

For NEFT (National Electronic Funds Transfer):

1. Log into your online banking portal or mobile banking app.
2. Go to the “Fund Transfer” or “Payments” section.
3. Select “Add Beneficiary” if you haven’t transferred to this account before, or choose an existing beneficiary.
4. Enter the beneficiary’s name, account number, and the correct IFSC code (PUNB0MBGB06 for DAILI branch).
5. Confirm the details and proceed to enter the amount and complete the transfer.

For RTGS (Real Time Gross Settlement):

1. RTGS transfers are typically for larger amounts. The steps are similar to NEFT.
2. Access your bank’s online platform.
3. Choose “RTGS” as the transfer type.
4. Provide the beneficiary’s name, account number, and the IFSC code (PUNB0MBGB06).
5. Enter the amount and authorize the transaction. The transfer happens in real-time.

For IMPS (Immediate Payment Service):

1. IMPS allows instant transfers any time, any day.
2. Open your mobile banking app or UPI app.
3. Select “IMPS” or “Send Money”.
4. You might be asked for the beneficiary’s mobile number and MMID, or their account number and IFSC code.
5. If using account number and IFSC, enter the correct account number and PUNB0MBGB06.
6. Verify the details and proceed with the payment.

Always double-check the IFSC code along with the account number before confirming any transaction to avoid errors.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank branch offers several key advantages:

• Accurate Fund Transfers: It ensures your money goes to the right bank and specific branch, preventing misdirected funds.
• Faster Transactions: Correct IFSC codes help electronic payment systems process NEFT, RTGS, and IMPS transactions quickly.
• Error Prevention: Using the correct code significantly reduces the chances of errors and delays in your financial transactions.
• Online Banking Convenience: It is a mandatory detail for setting up beneficiaries and initiating transfers through online and mobile banking platforms.
• Security: It adds an extra layer of verification, ensuring that funds are sent to a legitimate bank branch.

Contact Information

Should you need to contact the Bihar Gramin Bank DAILI branch or the head office, here are the details:

• Branch Phone Number: 9523596895
• Branch Address: DAILI, Nalanda, 803110, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes and the Bihar Gramin Bank:

Q1: Can I use an old IFSC code for Bihar Gramin Bank if I still have it?
A1: No, you should only use the new, unified IFSC code PUNB0MBGB06 for all Bihar Gramin Bank branches, including DAILI. Old codes from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) are no longer valid after the merger.

Q2: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A2: No, the IFSC code is unique to each specific branch. While the first few characters (PUNB0MBG) might be similar across Bihar Gramin Bank branches due to the merger, the last six characters will differ for each branch. Always confirm the exact IFSC for your specific branch.

Q3: What happens if I enter the wrong IFSC code during a transaction?
A3: If you enter an incorrect IFSC code, the transaction will likely fail or be rejected by the banking system. In some cases, if the code is for a valid but different branch, your funds could be delayed or sent to the wrong branch, requiring a process to reclaim them. Always verify the code carefully.

Q4: Where can I find the correct IFSC code for a Bihar Gramin Bank branch?
A4: You can find the correct IFSC code on your bank passbook, cheque book, or by visiting the official website of Bihar Gramin Bank or Punjab National Bank (the sponsor bank). You can also use reliable online IFSC code lookup tools.

Q5: Is the MICR code also important for online transfers?
A5: The MICR (Magnetic Ink Character Recognition) code is primarily used for clearing physical cheques. While it helps identify a branch for cheque processing, it is not required for NEFT, RTGS, or IMPS electronic fund transfers. For online transfers, only the IFSC code is essential.