Bihar Gramin Bank Dangraha IFSC Code

This article provides details about the Bihar Gramin Bank, Dangraha branch. For any electronic fund transfer, such as through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), it is essential to know the correct Indian Financial System Code (IFSC) for this specific branch. The IFSC acts as a unique identifier, ensuring that your money is sent securely and accurately to the intended bank and branch. This guide will help you understand its importance and how to use it effectively.

Branch Details Table

Here are the key details for the Bihar Gramin Bank, Dangraha branch:

Bank Name	Bihar Gramin Bank
Branch Name	Dangraha
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100827
Branch Address	Dangraha, PURNIA, 854315, 9297954137
Contact Number	9297954137
City	PURNIA
District	PURNIA
Pincode	854315
State	Bihar

Merger Update

The Bihar Gramin Bank, including its Dangraha branch, came into existence following the merger of two significant regional rural banks: the Uttar Bihar Gramin Bank (UBGB) and the Dakshin Bihar Gramin Bank (DBGB). This merger streamlined operations and unified banking services under a single entity.

As a result of this merger, all branches that previously belonged to UBGB or DBGB now operate under the Bihar Gramin Bank. Importantly, they all use a unified IFSC code structure, sponsored by Punjab National Bank (PNB). The specific IFSC code for the Dangraha branch is PUNB0MBGB06.

It is crucial to note that any old IFSC codes associated with the former Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid for transactions. To ensure successful fund transfers, always use the new, consolidated IFSC code PUNB0MBGB06 for the Dangraha branch.

What is IFSC Code?

The IFSC Code, or Indian Financial System Code, is an 11-character alphanumeric code that uniquely identifies every bank branch participating in online fund transfers in India. It is a critical tool for ensuring that money is sent to the correct recipient branch.

The structure of the IFSC code is straightforward:

• The first four characters represent the bank name. For Bihar Gramin Bank, since it is sponsored by Punjab National Bank, the first four characters are PUNB.
• The fifth character is always a zero (0). This character is reserved for future use.
• The last six characters identify the specific branch. For the Dangraha branch, these characters are MBGB06.

So, the complete IFSC code for the Bihar Gramin Bank, Dangraha branch, is PUNB0MBGB06.

How to Use IFSC Code

Using the IFSC code is a key part of performing electronic fund transfers. Here’s how you generally use it for different types of transactions:

• For NEFT (National Electronic Funds Transfer): When you want to send money using NEFT, you will need to provide the beneficiary’s bank account number, their name, the amount to be transferred, and the correct IFSC code of their bank branch. The system uses the IFSC code to route the funds to the specific branch.
• For RTGS (Real Time Gross Settlement): Similar to NEFT, RTGS transactions also require the beneficiary’s account number, name, amount, and the precise IFSC code of their bank branch. RTGS is typically used for large-value transfers that need immediate settlement.
• For IMPS (Immediate Payment Service): IMPS allows for instant, 24/7 fund transfers. When using IMPS, you will input the beneficiary’s account number, their name, the amount, and the IFSC code. The IMPS system verifies the IFSC code to ensure the transfer is directed instantly to the correct branch.

Always double-check the IFSC code, along with the account number and beneficiary name, before initiating any transfer to avoid delays or sending money to the wrong account.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank or the recipient’s bank offers several important benefits:

• Ensures Accurate Transfers: The primary benefit is that it guarantees your funds are sent to the exact branch of the intended bank, preventing errors and misdirected payments.
• Mandatory for Electronic Payments: It is a compulsory detail for all major electronic fund transfer systems in India, including NEFT, RTGS, and IMPS. You cannot complete these transactions without it.
• Facilitates Faster Processing: By accurately identifying the branch, the IFSC code helps in the quicker processing and settlement of your transactions.
• Enhances Security: The unique identification helps in maintaining a secure financial ecosystem by reducing the chances of fraudulent transfers to incorrect accounts.
• Easy Identification: It simplifies the process of identifying specific bank branches across the vast banking network in India.

Contact Information

If you need to get in touch with the Bihar Gramin Bank, Dangraha branch, or the head office, here are the contact details:

• Dangraha Branch Phone Number: 9297954137
• Dangraha Branch Address: Dangraha, PURNIA, Purnia, Bihar, 854315
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Bihar Gramin Bank): 18001807777

FAQs

Q1: What is the IFSC code for Bihar Gramin Bank Dangraha branch?
A1: The IFSC code for Bihar Gramin Bank’s Dangraha branch is PUNB0MBGB06.

Q2: Are old IFSC codes from Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank still valid for this branch?
A2: No, old IFSC codes from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) are no longer valid. All branches now use the new unified IFSC code system under Bihar Gramin Bank, such as PUNB0MBGB06 for the Dangraha branch.

Q3: What information do I need along with the IFSC code to transfer funds?
A3: Besides the IFSC code, you will need the beneficiary’s full name, their bank account number, and the amount you wish to transfer. For some transactions, the beneficiary’s address might also be requested.

Q4: Can I find the IFSC code on my bank passbook or chequebook?
A4: Yes, the IFSC code is typically printed on the first page of your bank passbook and on the top portion of a cheque leaf in your chequebook. You can also find it on the bank’s official website or through online IFSC lookup tools.

Q5: What happens if I use a wrong IFSC code during a transaction?
A5: If you enter an incorrect IFSC code, the transaction will likely fail or be rejected by the system. In some rare cases, if the wrong IFSC code corresponds to another valid branch and the account number also matches, your funds could be sent to an unintended recipient. Always verify the IFSC code carefully before confirming a transfer.