Bihar Gramin Bank Dudhpura IFSC Code

The Bihar Gramin Bank branch in Dudhpura, Samastipur, Bihar, plays a vital role for residents and businesses in the area. When you need to send or receive money electronically through systems like NEFT, RTGS, or IMPS, knowing the correct Indian Financial System Code (IFSC) for this specific branch is crucial. This unique code ensures that your funds reach the intended recipient’s bank account accurately and without delay, acting as a digital address for the branch.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Dudhpura
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3922
Branch Address	Dudhpura, Samastipur, 848208, 9955997828
Contact Number	9955997828
City	Samastipur
District	Samastipur
Reason	SAMASTIPUR
Pincode	848208
State	Bihar

Merger Update

The banking landscape for regional rural banks in Bihar has undergone significant changes. Your Bihar Gramin Bank branch at Dudhpura now operates under the umbrella of Madhya Bihar Gramin Bank (MBGB), which is sponsored by Punjab National Bank. This structure is the result of several regional rural banks in Bihar merging over time to form larger, more efficient entities. Specifically, banks such as Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged into these larger entities. As a result of these consolidations, a unified IFSC code system has been adopted.

For any financial transactions involving the Dudhpura branch, you must use the updated IFSC code, which is PUNB0MBGB06. It’s important to note that any old IFSC codes previously associated with Uttar Bihar Gramin Bank, Dakshin Bihar Gramin Bank, or other predecessor banks are now revoked and will not work for electronic fund transfers. Always use the current code, PUNB0MBGB06, to ensure your transactions are processed correctly.

What is IFSC Code?

An IFSC (Indian Financial System Code) is an eleven-character alphanumeric code used to identify all bank branches participating in electronic fund transfers in India. Think of it as a unique digital address for each bank branch. This code is crucial for ensuring that money sent via NEFT, RTGS, or IMPS reaches the correct destination account at the right branch.

The IFSC code follows a specific structure:

• The first four characters represent the bank’s name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Madhya Bihar Gramin Bank.
• The fifth character is always a “zero” (0). This character is reserved for future use and helps maintain the standard eleven-character length.
• The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” uniquely identifies the Dudhpura branch under Madhya Bihar Gramin Bank.

Every branch of every bank that allows online money transfers has a distinct IFSC code.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you’re making an electronic fund transfer. Here’s a general guide for NEFT, RTGS, and IMPS:

1. Gather Recipient Details: Before initiating any transfer, you will need the recipient’s full name, their bank account number, the bank’s name, and the correct IFSC code for their specific branch.
2. Log in to Your Banking Platform: Access your online banking portal or mobile banking app. If you prefer offline methods, visit your bank branch and fill out a fund transfer form.
3. Navigate to Fund Transfer Section: Look for options like “Fund Transfer,” “NEFT,” “RTGS,” or “IMPS.”
4. Add a New Beneficiary (if not already added): If you’re sending money to this recipient for the first time, you’ll need to add them as a beneficiary. This usually involves entering their name, account number, account type (savings, current), and the IFSC code (PUNB0MBGB06 for Dudhpura branch). Your bank might send an OTP (One-Time Password) to confirm the addition.
5. Initiate the Transfer: Once the beneficiary is added (or if they’re already on your list), select their name, enter the amount you wish to transfer, and choose the transfer type (NEFT, RTGS, or IMPS).
6. Review and Confirm: Double-check all the details, especially the account number and IFSC code, to prevent errors. Confirm the transaction, often with an OTP or your transaction password.

For NEFT and RTGS, transactions are processed in batches or at specific intervals during banking hours. IMPS offers instant transfers 24/7.

Benefits

Knowing and using the correct IFSC code offers several important benefits for electronic banking:

• Accurate Fund Transfers: It ensures that your money reaches the precise bank and branch, preventing transfers to incorrect accounts.
• Faster Processing: Correct IFSC codes streamline the electronic transfer process, leading to quicker crediting of funds to the recipient’s account.
• Security: The unique identification helps in tracking transactions and adds a layer of security by making sure funds are routed to verified banking points.
• Mandatory for Electronic Transfers: It is a compulsory requirement for NEFT, RTGS, and IMPS transactions, meaning you cannot complete these transfers without it.
• Convenience: With the correct IFSC, you can conduct banking transactions from anywhere, anytime, using online or mobile banking, eliminating the need to visit a physical branch.

Contact Information

Should you need to get in touch with the Dudhpura branch or the bank’s head office, here are the contact details:

* Dudhpura Branch Phone Number: 9955997828
* Dudhpura Branch Address: Dudhpura, Samastipur, 848208, Bihar
* Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
* Toll-Free Customer Care Number: 18001807777

FAQs

Q1: What is the main difference between an IFSC code and a MICR code?

A1: An IFSC code (Indian Financial System Code) is an 11-character alphanumeric code used for online fund transfers like NEFT, RTGS, and IMPS. It identifies a specific bank branch for electronic transactions. A MICR (Magnetic Ink Character Recognition) code is a 9-digit numerical code printed on cheque leaves, primarily used for processing physical cheques. It helps in the faster clearing of cheques.

Q2: Can I use an old IFSC code if I still have it for a merged bank?

A2: No, it’s very important to use only the current and correct IFSC code. After bank mergers, old IFSC codes become invalid. Using an old code will result in your transaction being rejected, and your funds will not reach the recipient. Always verify the latest IFSC code, like PUNB0MBGB06 for the Dudhpura branch, especially after a merger.

Q3: Do I need an IFSC code to deposit cash at the Dudhpura branch?

A3: No, you typically do not need an IFSC code for a direct cash deposit at the bank’s counter. For cash deposits, you only need the recipient’s account number and name, along with your own identification if required by bank policy for larger amounts. The IFSC code is specifically for electronic fund transfers from one bank account to another.

Q4: How can I confirm the correct IFSC code for the Dudhpura branch?

A4: You can confirm the IFSC code by checking the bank’s official website, your cheque book, your bank passbook, or by contacting the branch directly at 9955997828 or the bank’s toll-free number 18001807777. Online financial aggregators also provide this information, but always cross-reference with an official source.

Q5: What details are absolutely essential when sending money using an IFSC code?

A5: To successfully send money using an IFSC code, you absolutely need the recipient’s full name, their bank account number, the name of their bank, and the specific IFSC code of their branch (e.g., PUNB0MBGB06 for Dudhpura). Without any of these details, your electronic fund transfer will not go through.