The Bihar Gramin Bank branch in Damrapur, located in the West Champaran district of Bihar, plays an important role in the local community. To handle money transfers electronically, such as through NEFT, RTGS, or IMPS, you need a special code called the IFSC (Indian Financial System Code). This code makes sure your money goes to the correct bank and branch quickly and safely. Without it, you wouldn’t be able to send funds digitally to this branch.
Branch Details
| Detail | Information |
|---|---|
| Bank Name | Bihar Gramin Bank |
| Branch Name | Damrapur |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100233 |
| Branch Address | Damrapur, WEST CHAMPARAN, 845451 |
| Contact Number | 9297954035 |
| City | WEST CHAMPARAN |
| District | WEST CHAMPARAN |
| Reason | BETTIAH |
| Pincode | 845451 |
| State | Bihar |
Merger Update for Bihar Gramin Bank
Many Regional Rural Banks (RRBs) across India have undergone mergers to streamline operations and offer better services. While specific regional names like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were part of this process, the Bihar Gramin Bank, like many other Gramin banks, has been brought under the umbrella of a larger sponsoring bank. For the Damrapur branch of Bihar Gramin Bank, the current and valid IFSC code is PUNB0MBGB06.
This code shows its affiliation with Punjab National Bank (PUNB), which sponsors a network of Gramin banks. It is crucial to note that any old IFSC codes previously used by this branch are now invalid. For all electronic fund transfers (NEFT, RTGS, IMPS), you must only use PUNB0MBGB06 to ensure your transactions are processed correctly.
What is an IFSC Code?
The Indian Financial System Code, or IFSC, is a unique 11-character code used to identify all bank branches in India. This code is essential for processing electronic fund transfers like NEFT, RTGS, and IMPS. It helps ensure that money is sent to the correct bank and branch.
Let’s look at the structure using our example, PUNB0MBGB06:
- The first four characters represent the bank name. In this case, PUNB stands for Punjab National Bank, the sponsoring bank.
- The fifth character is always a zero (0). This character is reserved for future use and helps distinguish the bank code from the branch code.
- The last six characters identify the specific branch. Here, MBGB06 points to the particular branch, which in our case is Damrapur.
How to Use an IFSC Code
Using the IFSC code is a straightforward process when you’re setting up an electronic fund transfer. Here’s a general guide for NEFT, RTGS, and IMPS transactions:
- Log In to Your Bank’s Online Portal or Mobile App: Access your internet banking account or mobile banking application.
- Select Funds Transfer: Look for options like “Fund Transfer,” “Send Money,” or “Payments.”
- Choose Transfer Type: Select NEFT, RTGS, or IMPS, depending on the amount and urgency of your transfer.
- Add Beneficiary Details: If you’re sending money to someone for the first time, you’ll need to add them as a “beneficiary” or “payee.”
- Enter Beneficiary Account Information:
- Beneficiary Name (the name of the person or entity receiving money)
- Beneficiary Account Number (the account number of the Damrapur branch customer)
- Confirm Account Number
- IFSC Code: PUNB0MBGB06 (This is where you enter the specific code for the Damrapur branch).
- Bank Name (Bihar Gramin Bank)
- Branch Name (Damrapur)
- Enter Transfer Amount: Specify how much money you want to send.
- Review and Confirm: Double-check all the details you’ve entered, especially the account number and IFSC code, to avoid errors.
- Authorize Transaction: Complete the transfer using your transaction password, PIN, or OTP (One-Time Password).
Benefits of Knowing the IFSC Code
Knowing the correct IFSC code for the Bihar Gramin Bank, Damrapur branch offers several key benefits:
- Accurate Fund Transfers: Ensures your money reaches the intended beneficiary’s account at the specific Damrapur branch without error.
- Faster Processing: Enables quick processing of NEFT, RTGS, and IMPS transactions, reducing delays.
- Essential for Online Transactions: It is a mandatory requirement for all major online and mobile banking fund transfers within India.
- Prevents Fraud: Helps prevent misdirection of funds by uniquely identifying the destination branch.
- Convenience: Allows you to manage your banking needs and send money from anywhere, at any time, using digital platforms.
Contact Information
For inquiries or assistance regarding the Bihar Gramin Bank Damrapur branch, you can use the following contact details:
- Branch Phone Number: 9297954035
- Branch Address: Damrapur, WEST CHAMPARAN, 845451, Bihar
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions (FAQs)
Q1: What happens if I use an old or incorrect IFSC code for a transfer to Bihar Gramin Bank Damrapur?
A1: If you use an old or incorrect IFSC code, your transaction will likely fail. The system will detect that the code doesn’t match a valid branch or bank, and the money will not be transferred. It’s crucial to always use the current and correct code, PUNB0MBGB06, for the Damrapur branch.
Q2: Is the IFSC code the same for all branches of Bihar Gramin Bank?
A2: No, the first four characters (e.g., PUNB) will be the same for all branches sponsored by Punjab National Bank under this setup, and the fifth character will always be zero. However, the last six characters are unique to each individual branch. So, while parts of the code are consistent, the full 11-character IFSC code is different for every branch.
Q3: Can I find the IFSC code offline?
A3: Yes, you can. The IFSC code is usually printed on your bank passbook or on a cheque leaf. You can also get it by visiting the Damrapur branch directly or by calling the branch’s contact number or the bank’s toll-free customer service line.
Q4: What is the main difference between an IFSC code and a MICR code?
A4: An IFSC code (Indian Financial System Code) is an 11-character code used for electronic fund transfers like NEFT, RTGS, and IMPS. A MICR code (Magnetic Ink Character Recognition) is a 9-digit code primarily used for processing paper-based transactions, specifically cheques. It helps in faster processing and clearing of cheques.
Q5: Do I need an IFSC code for international money transfers?
A5: No, the IFSC code is used for domestic fund transfers within India. For international money transfers, you would typically need a SWIFT (Society for Worldwide Interbank Financial Telecommunication) code or BIC (Bank Identifier Code), which serves a similar purpose on a global scale.
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.