The ARANDA branch of Bihar Gramin Bank is located in the Aurangabad district of Bihar. If you need to send or receive money online through this branch, you will need its unique IFSC code. This code acts like a specific address for the bank branch, ensuring that your funds transferred via NEFT, RTGS, or IMPS reach the correct account without any delays or errors.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | ARANDA |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | ARANDA, Aurangabad, 824113 |
| Contact Number | 9771464084 |
| City | Aurangabad |
| District | Aurangabad |
| Pincode | 824113 |
| State | Bihar |
Important Merger Update
Previously, Bihar had two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged to form a single entity, now known as Bihar Gramin Bank. This new bank is sponsored by Punjab National Bank (PNB).
As a result of this merger, all old IFSC codes belonging to the former UBGB and DBGB have been revoked and are no longer valid. For any online transaction, you must use the new IFSC code format. For the ARANDA branch, the correct and only valid IFSC code is PUNB0MBGB06. Notice the “PUNB” prefix, which reflects its sponsorship by Punjab National Bank.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. This code uniquely identifies each branch and is essential for routing transactions.
Let’s break down the ARANDA branch IFSC code, PUNB0MBGB06:
- PUNB: The first four letters represent the bank’s name. In this case, it signifies the sponsor bank, Punjab National Bank.
- 0: The fifth character is always a zero. It is reserved for future use.
- MBGB06: The last six characters identify the specific branch. For this branch, it is ‘MBGB06’.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for an online money transfer is straightforward. Whether you are using NEFT for standard transfers, RTGS for high-value transactions, or IMPS for instant payments, the process is similar.
- Log in to your bank’s net banking portal or mobile banking application.
- Navigate to the “Fund Transfer” section and choose the payment method (NEFT, RTGS, or IMPS).
- Add a new beneficiary (the person you want to send money to).
- Enter the beneficiary’s details: their name, account number, and account type (savings or current).
- Carefully enter the IFSC code of the recipient’s bank branch: PUNB0MBGB06.
- Double-check all the details to ensure accuracy and confirm the transaction.
Benefits of Using the Correct IFSC Code
- Accuracy: It ensures your money is sent to the exact bank branch and account you intended, eliminating guesswork.
- Speed: Correct codes enable automated processing, making your NEFT, RTGS, and IMPS transactions faster.
- Error Prevention: It significantly reduces the chances of a failed transaction or, worse, sending funds to the wrong account.
- Security: The code is a key part of the secure financial network, verifying the destination of your funds.
Contact Information
For direct assistance, you can reach out to the branch or the head office.
- Branch Contact Number: 9771464084
- Branch Address: ARANDA, Aurangabad, Bihar – 824113
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions
- Can I still use my old Dakshin Bihar Gramin Bank (DBGB) IFSC code?
- No. After the merger of DBGB and UBGB into Bihar Gramin Bank, all old IFSC codes became invalid. You must use the new codes starting with “PUNB” for all transactions to be successful.
- Is the IFSC code the same for all Bihar Gramin Bank branches?
- No. While the first four letters (PUNB) might be the same because of the sponsor bank, the last six characters are unique to each specific branch. Always verify the code for the exact branch you are dealing with.
- What is the difference between an IFSC code and a MICR code?
- The IFSC code is used for online fund transfers like NEFT and RTGS. The MICR (Magnetic Ink Character Recognition) code is a 9-digit code found on cheques, used primarily for faster cheque processing.
- What happens if I enter the wrong IFSC code?
- If the entered IFSC code does not exist, the transaction will likely fail and the money will be credited back to your account. However, if the code belongs to another branch, your funds could be sent there. Reversing such a transaction can be a complicated and time-consuming process.
- Where can I find the IFSC code for my branch?
- The IFSC code is printed on the chequebooks and passbooks issued by the bank. You can also find it on the bank’s official website or by contacting the branch directly.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.