Bihar Gramin Bank Dhankaul IFSC Code

If you need to send or receive money digitally to the Bihar Gramin Bank branch located in Dhankaul, Sheohar district, Bihar, understanding its Indian Financial System Code (IFSC) is crucial. This unique code acts like a digital address, guiding your funds accurately to the right bank and specific branch. Whether you’re making a transfer through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), the IFSC code is a mandatory detail that ensures your transaction is processed smoothly and securely.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Dhankaul
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100085
Branch Address	Dhankaul, SHEOHAR, Bihar
Contact Number	9297954791
City	SHEOHAR
District	SHEOHAR
Region	SITAMARHI
Pincode	0
State	Bihar

Merger Update

Bihar Gramin Bank is a regional rural bank that was formed through the consolidation of two earlier entities: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This unified bank now operates under the sponsorship of Punjab National Bank. As part of this significant merger and consolidation, Bihar Gramin Bank has adopted a single, standardized IFSC code for all its branches. The current and only valid IFSC code for any transaction with a Bihar Gramin Bank branch, including Dhankaul, is PUNB0MBGB06.

It is important to note that any old IFSC codes previously used by Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are now revoked and no longer valid for processing financial transactions. Always ensure you use the updated code, PUNB0MBGB06, to avoid any delays or failures in your fund transfers.

What is an IFSC Code?

The IFSC Code stands for Indian Financial System Code. It is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch participating in online money transfers. Think of it as a unique identifier for your specific bank branch. This code helps the banking system direct funds accurately, preventing money from going to the wrong place.

The structure of an IFSC code is consistent across all banks:

• The first four characters represent the name of the bank. For example, in PUNB0MBGB06, “PUNB” indicates Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always ‘0’ (zero). This character is reserved for future use and remains constant for all IFSC codes.
• The last six characters identify the specific branch of the bank. In the case of PUNB0MBGB06, “MBGB06” uniquely identifies the Dhankaul branch of Bihar Gramin Bank.

How to Use the IFSC Code

Using the IFSC code is a straightforward process when you’re setting up an electronic fund transfer. Here’s how it works for common transfer methods:

For NEFT (National Electronic Funds Transfer):

1. Log in to your internet banking portal or mobile banking app.
2. Select the “Fund Transfer” or “NEFT” option.
3. Add a new beneficiary or select an existing one.
4. Enter the beneficiary’s name, account number, and the correct IFSC code (PUNB0MBGB06 for Dhankaul branch).
5. Specify the amount you wish to transfer and confirm the transaction.

For RTGS (Real Time Gross Settlement):

1. Access your bank’s online platform or visit the branch.
2. Choose the “RTGS” transfer option.
3. Provide the beneficiary’s details, including their name, account number, and the Dhankaul branch’s IFSC code (PUNB0MBGB06).
4. Enter the transfer amount. RTGS is typically used for larger value transactions.
5. Review all details carefully before confirming the transfer.

For IMPS (Immediate Payment Service):

1. Open your mobile banking app or internet banking service.
2. Select the “IMPS” transfer option.
3. Input the beneficiary’s mobile number and MMID (Mobile Money Identifier) or their account number and the IFSC code (PUNB0MBGB06).
4. Enter the amount to be transferred. IMPS allows instant transfers, even on holidays.
5. Confirm the transaction details to initiate the immediate transfer.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for Bihar Gramin Bank, Dhankaul branch, offers several practical advantages:

• Accurate Fund Transfers: Ensures your money is sent to the precise bank and branch, preventing misdirected funds.
• Faster Processing: Enables quick processing of NEFT, RTGS, and IMPS transactions, as the system can identify the destination rapidly.
• Enhanced Security: Reduces the risk of errors in manual data entry, adding a layer of security to your financial transactions.
• Essential for Online Banking: It’s a mandatory detail for setting up beneficiaries and executing all forms of digital money transfers.
• Convenience: Allows you to manage your finances remotely, from paying bills to sending money to family, without needing to visit a bank branch.

Contact Information

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

• Dhankaul Branch Phone Number: 9297954791
• Dhankaul Branch Address: Dhankaul, SHEOHAR, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Bihar Gramin Bank Toll-Free Number: 18001807777

Frequently Asked Questions

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

Q1: Can I use an old IFSC code for Bihar Gramin Bank after the merger?
A1: No, old IFSC codes associated with Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) are no longer valid. You must use the unified code, PUNB0MBGB06, for all transactions with Bihar Gramin Bank branches, including Dhankaul.

Q2: What happens if I enter an incorrect IFSC code?
A2: If you enter an incorrect IFSC code, your fund transfer will likely fail. The banking system relies on this code to route funds correctly. The transaction will either be rejected, or the money might be held by your bank until the correct details are provided. Always double-check the IFSC code before confirming any transfer.

Q3: Is the IFSC code the same as the MICR code?
A3: No, the IFSC code and MICR (Magnetic Ink Character Recognition) code are different. The IFSC code is used for electronic fund transfers (NEFT, RTGS, IMPS) and identifies the bank and branch. The MICR code, a 9-digit numerical code, is primarily used for processing physical cheques and is found at the bottom of a cheque leaf. Both serve different purposes in the banking system.

Q4: Why is the fifth character of an IFSC code always ‘0’ (zero)?
A4: The fifth character in an IFSC code is always zero and is reserved for future use. This allows the Reserve Bank of India to accommodate any potential changes or expansions in the banking system’s structure without needing to completely overhaul the existing IFSC code format.

Q5: Where can I find the correct IFSC code for other Bihar Gramin Bank branches?
A5: You can find the correct IFSC code for any Bihar Gramin Bank branch on the bank’s official website, on your cheque book, or by contacting the bank directly. You can also look it up on the Reserve Bank of India’s website or through various reliable online financial portals.