Bihar Gramin Bank Barouni Dairy IFSC Code

The Barouni Dairy branch of Bihar Gramin Bank is located in the city of Begusarai, Bihar. For anyone looking to send or receive money through this specific branch, understanding its Indian Financial System Code (IFSC) is crucial. This unique 11-character code is assigned by the Reserve Bank of India to identify every bank branch participating in online fund transfer systems. Whether you are using National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS), the IFSC code ensures your money is routed to the correct account at the intended branch, preventing errors and delays.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Barouni Dairy
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	Barouni Dairy, Begusarai, 851112, Bihar
Contact Number	8102918648
City	Begusarai
District	Begusarai
Pincode	851112
State	Bihar

Important Merger Information

Bihar Gramin Bank was formed by the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this amalgamation, the bank is now sponsored by Punjab National Bank (PNB). As a result, all old IFSC codes previously used by UBGB and DBGB branches have been revoked and are no longer valid.

All branches of the newly formed Bihar Gramin Bank now use a new set of IFSC codes that start with ‘PUNB’, which is the code for its sponsor, Punjab National Bank. For any online transactions to the Barouni Dairy branch, you must use the new, valid IFSC code: PUNB0MBGB06. Using an old code will cause your transaction to fail.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code that uniquely identifies a bank branch. The structure is consistent across all banks in India, making the system reliable and easy to understand. Let’s break down the IFSC code for the Barouni Dairy branch, PUNB0MBGB06:

• PUNB: The first four alphabetic characters 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 by the RBI.
• MBGB06: The last six characters identify the specific branch. This part of the code is unique to the Barouni Dairy branch within the Bihar Gramin Bank network.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for an online money transfer is a straightforward process. Whether you are using a mobile banking app or an internet banking portal, the steps are generally the same.

1. Log in to your bank’s net banking website or mobile application.
2. Navigate to the ‘Fund Transfer’ or ‘Payments’ section. Choose your preferred transfer method (NEFT, RTGS, or IMPS).
3. Select the option to ‘Add a Beneficiary’ or ‘Add Payee’. You will need to do this before you can send money to a new account.
4. Enter the recipient’s details accurately. This includes their name, bank account number, and the IFSC code of their bank branch, which for this branch is PUNB0MBGB06.
5. After adding the beneficiary, you can initiate the transfer by entering the amount and confirming the transaction. The IFSC code ensures the funds are credited to the correct branch.

Benefits of Using the Correct IFSC Code

• Ensures Accuracy: It directs funds to the exact branch, eliminating confusion between branches with similar names or locations.
• Prevents Errors: The code acts as a validation check, and a mismatch in the IFSC code will typically cause the transaction to be rejected, preventing money from going to the wrong place.
• Enables Digital Banking: The IFSC code is the backbone of all major online fund transfer systems in India, including NEFT, RTGS, and IMPS.
• Faster Processing: Correct details lead to quicker and more efficient settlement of funds without manual intervention.

Contact Information

For any direct queries or assistance, you can contact the branch or the bank’s head office.

Branch Contact:
Phone: 8102918648
Address: Barouni Dairy, Begusarai, Bihar – 851112

Head Office:
Address: Shri Vishnu Commercial Complex, Asochak, Patna, Bihar – 800030
Toll-Free Number: 18001807777

Frequently Asked Questions (FAQs)

1. Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
The code starts with ‘PUNB’ because Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). After the merger of regional rural banks, the sponsor bank’s identifier is used in the new IFSC codes.

2. What will happen if I use an old IFSC code from Uttar Bihar Gramin Bank (UBGB)?
If you use an old, invalid IFSC code from either UBGB or DBGB, your fund transfer will be rejected. The transaction will not be processed, and the funds will be returned to your account.

3. Is the IFSC code the same for all branches of Bihar Gramin Bank?
No. While the first four letters (‘PUNB’) are common for all branches, the last six characters are unique to each specific branch. You must use the code designated for the branch you are sending money to.

4. Where can I find the IFSC code for my branch?
The IFSC code is printed on the cheque leaves issued by the bank. You can also find it on your bank’s official website or by contacting the branch directly.

5. Do I need an IFSC code for UPI payments?
No, you do not need an IFSC code for standard UPI transactions made to a VPA (Virtual Payment Address) or by scanning a QR code. However, the IFSC code is required if you are adding a bank account to your UPI app or sending money directly to an account number via your UPI app’s bank transfer option.