Bihar Gramin Bank DANWAR IFSC Code

The Bihar Gramin Bank branch located in DANWAR, within the Rohtas district of Bihar, is an important local financial hub. When you need to transfer money electronically, whether through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), a specific code is required. This code is known as the Indian Financial System Code, or IFSC. It acts as a unique identifier for each bank branch across India, ensuring that your funds reach the correct recipient’s account quickly and securely. Without the correct IFSC, these modern electronic transfers cannot be completed.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	DANWAR
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	6868
Branch Address	DANWAR, Rohtas, 802212, 7485096868
Contact Number	7485096868
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	802212
State	Bihar

Merger Update

Bihar Gramin Bank was formed through the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This consolidation brought all their operations under the sponsorship of Punjab National Bank. As a result, all branches of the newly formed Bihar Gramin Bank, including the DANWAR branch, now use a unified IFSC code structure.

For the DANWAR branch of Bihar Gramin Bank, the valid IFSC code is PUNB0MBGB06. It is crucial to understand that any old IFSC codes previously used by Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) are now revoked and are no longer valid for transactions. To ensure successful fund transfers, you must always use the new, standardized IFSC code, PUNB0MBGB06, for this branch.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It’s designed to identify every bank branch in India uniquely. This code is essential for all electronic money transfers within the country.

Let’s break down how the 11 characters are structured:

• The first four characters represent the bank name. For Bihar Gramin Bank, which is sponsored by Punjab National Bank, these characters are “PUNB”.
• The fifth character is always a zero (0). This character is reserved for future use and helps distinguish bank codes from branch codes.
• The last six characters uniquely identify the specific bank branch. For the DANWAR branch, these are “MBGB06”. The “MBGB” often signifies “Merged Bihar Gramin Bank” in this context, followed by a specific branch code.

So, for the DANWAR branch, PUNB + 0 + MBGB06 gives us PUNB0MBGB06.

How to Use IFSC Code

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

1. Log In: Access your bank’s net banking portal or mobile banking app.
2. Select Transfer Type: Choose the type of transfer you want to make – NEFT, RTGS, or IMPS.
3. Add Beneficiary: If you’re sending money to someone for the first time, you’ll need to add them as a beneficiary. This usually involves providing:
   • The beneficiary’s full name.
   • Their account number (you’ll often need to enter it twice for confirmation).
   • The correct IFSC code of their bank branch (in this case, PUNB0MBGB06 for the DANWAR branch of Bihar Gramin Bank).
   • The beneficiary’s bank name.
4. Enter Amount: Once the beneficiary is added (or selected if already registered), enter the amount you wish to transfer.
5. Confirm Transaction: Review all the details, especially the account number and IFSC code, to ensure accuracy. Then, confirm the transaction using your bank’s authentication method (e.g., OTP).

Always double-check the IFSC code and account number before confirming any transaction. A single incorrect digit can lead to delays or, in rare cases, transfers to the wrong account.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch offers several key advantages:

• Mandatory for Transfers: It is a compulsory requirement for all NEFT, RTGS, and IMPS transactions, enabling digital fund transfers.
• Ensures Accuracy: The unique code precisely identifies the recipient’s bank and branch, minimizing errors in money transfers.
• Speeds Up Transactions: By automating the bank and branch identification process, it helps in quicker processing of electronic payments.
• Enhances Security: It adds a layer of security by making sure funds are routed to the intended financial institution and location.
• Facilitates Online Banking: It’s integral to the functioning of modern online and mobile banking services for inter-bank transfers.

Contact Information

For specific inquiries or assistance related to the Bihar Gramin Bank DANWAR branch, you can use the following contact details:

• Branch Phone Number: 7485096868
• Branch Address: DANWAR, Rohtas, 802212, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Punjab National Bank – Sponsor Bank): 18001807777

FAQs

Q1: Why is PUNB0MBGB06 the IFSC code for Bihar Gramin Bank and not a code starting with “BGB”?

A1: Bihar Gramin Bank was formed by merging Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank. It is sponsored by Punjab National Bank. According to RBI guidelines for regional rural banks, the IFSC code begins with the first four characters of the sponsoring bank. Therefore, “PUNB” for Punjab National Bank is used, followed by ‘0’ and then the specific branch identifier for the merged Bihar Gramin Bank.

Q2: Can I still use an old IFSC code from Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) for the DANWAR branch?

A2: No, you cannot. After the merger that formed Bihar Gramin Bank, all old IFSC codes belonging to UBGB and DBGB branches were revoked. For the DANWAR branch and all other Bihar Gramin Bank branches, only the new IFSC code format, like PUNB0MBGB06, is valid for electronic transactions.

Q3: What happens if I enter the wrong IFSC code during a fund transfer?

A3: If you enter an incorrect IFSC code, your transaction will likely fail. The banking system will not be able to identify the correct recipient branch. In such cases, the funds usually revert to your account within a few hours or a couple of business days. However, always ensure accuracy to avoid any delays or complications.

Q4: Is the IFSC code the same for all branches of Bihar Gramin Bank?

A4: No, the IFSC code is unique for each specific branch. While the first five characters (PUNB0) might be consistent across most Bihar Gramin Bank branches due to the sponsor bank and merger, the last six characters are distinct for every individual branch, like “MBGB06” for DANWAR.

Q5: Where can I find the correct IFSC code for my bank branch?

A5: You can usually find the IFSC code printed on your bank passbook or chequebook. It is also available on your bank’s official website, the Reserve Bank of India (RBI) website, and through reliable online banking portals when you select your bank and branch details.