Bihar Gramin Bank DOSUT IFSC Code

If you need to send money to or receive money from the Bihar Gramin Bank branch located in DOSUT, Nalanda, Bihar, you will need an Indian Financial System Code, or IFSC. This unique code is crucial for all electronic fund transfers. It ensures your money goes to the correct bank and branch, whether you are using NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service).

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	DOSUT
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	6864
Branch Address	DOSUT, Nalanda, 803110
Contact Number	7485096864
City	Nalanda
District	Nalanda
Pincode	803110
State	Bihar

Merger Update

Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This means that any old IFSC codes previously used for branches under UBGB or DBGB are no longer valid for transactions. All branches of the newly formed Bihar Gramin Bank, including the DOSUT branch, now use a standardized IFSC code starting with PUNB0MBGB, as it is sponsored by Punjab National Bank. For the DOSUT branch, the valid and active IFSC code is PUNB0MBGB06. Always use this new code for all your fund transfers to avoid any issues.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code that uniquely identifies every bank branch in India. It is essential for electronic money transfers. The structure of the code is easy to understand:

• The first four characters represent the bank name. For example, “PUNB” in PUNB0MBGB06 stands for Punjab National Bank, the sponsoring bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and acts as a control digit.
• The last six characters identify the specific branch. In the case of PUNB0MBGB06, “MBGB06” uniquely identifies the DOSUT branch within Bihar Gramin Bank.

This unique identification helps ensure that your funds reach the intended recipient’s account at the correct branch without delays.

How to Use an IFSC Code

Using an IFSC code is a straightforward process when you are making online fund transfers. Here’s how it generally works for NEFT, RTGS, and IMPS:

1. Log In to Your Bank’s Online Portal or Mobile App: Access your internet banking service or mobile banking application.
2. Select “Fund Transfer” or “Payments”: Navigate to the section for transferring money.
3. Add a New Beneficiary (if not already added): You’ll usually need to add the recipient’s details first. This includes:
   • Beneficiary Account Number (the account number of the person or entity you are sending money to).
   • Beneficiary Account Holder Name.
   • Bank Name (e.g., Bihar Gramin Bank).
   • IFSC Code (e.g., PUNB0MBGB06 for DOSUT branch).
   • Confirm Account Number.
4. Choose Transfer Type: Select whether you want to use NEFT, RTGS, or IMPS.
   • NEFT (National Electronic Funds Transfer): Good for transfers of any amount, processed in batches during banking hours.
   • RTGS (Real Time Gross Settlement): Ideal for large value transfers (usually above ₹2 lakh), processed individually and continuously.
   • IMPS (Immediate Payment Service): Allows instant transfers 24/7, including holidays, for smaller amounts.
5. Enter Amount and Purpose: Input the amount you wish to transfer and a brief description of the transaction (e.g., “Family support,” “Bill payment”).
6. Confirm and Authorize: Review all the details carefully, then confirm the transfer using your transaction password or OTP (One-Time Password).

Always double-check the IFSC code, account number, and beneficiary name before confirming any transfer to prevent errors.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for the branch of someone you need to pay, offers several key benefits:

• Facilitates Electronic Transfers: It is mandatory for all NEFT, RTGS, and IMPS transactions, allowing for quick and secure digital payments.
• Ensures Accuracy: The unique code helps prevent funds from being sent to the wrong bank or branch.
• Speeds Up Transactions: By accurately identifying the destination, it helps banks process your transfers faster.
• Required for UPI Payments: While you don’t always manually enter it for UPI, the underlying system still relies on IFSC codes to route payments.
• Used for Auto-Debit Mandates: For setting up recurring payments or direct debits, the IFSC code is often required to specify the account.

Contact Information

For specific inquiries related to the Bihar Gramin Bank, DOSUT branch, or general banking services, you can use the following contact details:

• Branch Phone Number: 7485096864
• Branch Address: DOSUT, Nalanda, 803110, Bihar
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (General Inquiries): 18001807777

FAQs

Q1: Is the IFSC code PUNB0MBGB06 valid for all types of electronic transfers?
A1: Yes, the IFSC code PUNB0MBGB06 is valid and required for all types of electronic fund transfers, including NEFT, RTGS, and IMPS, when sending money to the Bihar Gramin Bank DOSUT branch.

Q2: What should I do if my previous transaction used an old IFSC code for UBGB or DBGB?
A2: If your previous transaction used an old UBGB or DBGB IFSC code, it might have failed. All old codes for these merged banks are now revoked. You must update the beneficiary details with the new IFSC code, PUNB0MBGB06, for any future transactions to the Bihar Gramin Bank DOSUT branch.

Q3: Can I find the IFSC code on my bank passbook?
A3: Yes, the IFSC code is typically printed on the first page of your bank passbook, your cheque leaves, and also available on the bank’s official website or through their mobile banking app.

Q4: What happens if I enter a wrong IFSC code during a transfer?
A4: If you enter a wrong IFSC code, the transaction will usually fail and the money will not be debited from your account, or it will be reversed. This is because the system cannot find a matching bank and branch. Always double-check the code to avoid delays.

Q5: Is Bihar Gramin Bank a nationalized bank?
A5: Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. While it serves a specific region, it operates under the regulations of the Reserve Bank of India, similar to other commercial banks, and offers various banking services.