The Bihar Gramin Bank branch in DEOKULI is located in the Buxar district of Bihar. For anyone looking to transfer money online to an account at this branch, the Indian Financial System Code (IFSC) is essential. This unique 11-character code acts like a digital address, ensuring that your funds sent through systems like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS) reach the correct bank branch without any errors.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | DEOKULI |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | DEOKULI, Buxar, 802112, 9771464030 |
| Contact Number | 9771464030 |
| City | Buxar |
| District | Buxar |
| Pincode | 802112 |
| State | Bihar |
Important Merger Update
Bihar Gramin Bank was formed by the amalgamation of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). The new entity, Bihar Gramin Bank, is sponsored by Punjab National Bank (PNB). Due to this merger, all previous IFSC codes used by UBGB and DBGB branches are now invalid. For any online transaction to the DEOKULI branch, you must use the new, standardized IFSC code: PUNB0MBGB06. Using an old or incorrect code will result in a failed or rejected transaction.
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 identify every bank branch in the country. It ensures accuracy in electronic fund transfers. The code has a specific structure:
- First 4 Characters: These represent the bank’s name. For Bihar Gramin Bank, this is ‘PUNB’, which stands for its sponsor bank, Punjab National Bank.
- Fifth Character: This is always a zero (0). It is reserved for future use.
- Last 6 Characters: This part is the unique identifier for the specific branch. For the DEOKULI branch, it is ‘MBGB06’.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code is a straightforward part of making an online payment. When you add a new payee or beneficiary in your mobile or internet banking application, you will need to provide the following details:
- Beneficiary’s Name: The full name of the person or entity as it appears on their bank account.
- Beneficiary’s Account Number: The complete and correct bank account number.
- Bank Name: Bihar Gramin Bank.
- IFSC Code: Enter PUNB0MBGB06 for the DEOKULI branch.
After you enter the IFSC code, most banking systems automatically verify it and display the corresponding branch name and address for you to confirm before proceeding with the transaction through NEFT, RTGS, or IMPS.
Benefits of Using the Correct IFSC Code
- Ensures Accuracy: The primary benefit is that your money goes to the exact branch and account you intend, eliminating transfer errors.
- Faster Processing: Correct codes allow for automated, straight-through processing of transactions, reducing delays.
- Prevents Fraud: It acts as a security check, confirming that the account number corresponds to the specified bank branch.
- Simplifies Transactions: It standardizes the process of identifying bank branches across the entire country, making inter-bank transfers simple and reliable.
Contact Information
For direct assistance, you can reach out to the branch or the head office.
- DEOKULI Branch Address: DEOKULI, Buxar, Bihar – 802112
- DEOKULI Branch Phone: 9771464030
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions
1. Why does the IFSC code for Bihar Gramin Bank start with ‘PUNB’?
Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). As per RBI guidelines, the IFSC codes for regional rural banks often use the first four letters of their sponsor bank. Therefore, ‘PUNB’ is used for all Bihar Gramin Bank branches.
2. Can I still use my old Dakshin Bihar Gramin Bank (DBGB) or Uttar Bihar Gramin Bank (UBGB) IFSC code?
No. Following the merger, all old IFSC codes for both DBGB and UBGB have been decommissioned. You must use the new IFSC code, PUNB0MBGB06, for the DEOKULI branch to ensure your transactions are successful.
3. What happens if I enter the wrong IFSC code?
If the IFSC code you enter does not exist, the transaction will be immediately rejected by your bank’s system. If it corresponds to a different branch, the funds may be credited to an account at that wrong branch, or the transaction will be rejected and the money returned to your account within a few working days.
4. Is the IFSC code the same for all branches of Bihar Gramin Bank?
No. While the first four characters (‘PUNB’) are the same, the last six characters are unique to each specific branch. The code PUNB0MBGB06 is only for the DEOKULI branch.
5. Do I need an IFSC code for a cash deposit?
No, an IFSC code is not required for depositing cash directly at a bank branch. It is only necessary for electronic fund transfers like NEFT, RTGS, and IMPS.
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.