Welcome to DEOMARKANDE, a vibrant area nestled in the Rohtas district of Bihar. When managing your finances, especially for transferring money, understanding the Indian Financial System Code (IFSC) is essential. This unique code acts like a digital address, ensuring that your funds reach the correct bank branch without any errors. Whether you’re sending money through National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS), the IFSC code is a crucial piece of information for a smooth and secure transaction.
Branch Information
Here are the key details for the Bihar Gramin Bank branch located in DEOMARKANDE:
| Bank Name | Bihar Gramin Bank |
| Branch Name | DEOMARKANDE |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7346 |
| Branch Address | DEOMARKANDE, Rohtas, 802214, 9771464346 |
| Contact Number | 9771464346 |
| City | Rohtas |
| District | Rohtas |
| Reason | SASARAM |
| Pincode | 802214 |
| State | Bihar |
Important Merger Update
For those familiar with regional rural banks in Bihar, it’s crucial to be aware of recent changes. The current Bihar Gramin Bank is a result of the amalgamation of several regional rural banks, including previous entities like Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), among others. As a consequence of these mergers, Bihar Gramin Bank now operates under the sponsorship of Punjab National Bank.
This means that for all transactions, including those for the DEOMARKANDE branch, you must use the consolidated IFSC code: PUNB0MBGB06. Any old IFSC codes previously associated with Uttar Bihar Gramin Bank, Dakshin Bihar Gramin Bank, or other pre-merger entities are no longer valid. Using an old code will cause your transaction to fail. Always ensure you use the updated and correct IFSC code, PUNB0MBGB06, for all your fund transfers to Bihar Gramin Bank accounts.
Understanding Your IFSC Code
The IFSC (Indian Financial System Code) is a unique 11-character alphanumeric code. It helps identify every bank branch in India involved in online money transfers. Understanding its structure can help you verify its authenticity:
- The first four characters represent the bank name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
- The fifth character is always a “0” (zero). This is a control character reserved for future use.
- The last six characters identify the specific branch. In our example, “MBGB06” uniquely identifies a specific branch within the merged Bihar Gramin Bank network under Punjab National Bank.
This structured format ensures that each bank branch has a distinct digital identity, making interbank transactions precise and efficient.
How to Use the IFSC Code for Transfers
Using the IFSC code for online fund transfers like NEFT, RTGS, or IMPS is straightforward. Here are the typical steps you would follow:
- Log In: Access your bank’s net banking portal or mobile banking app.
- Select Transfer Type: Choose the type of transfer you wish to make (NEFT, RTGS, or IMPS).
- Add Beneficiary: If you’re sending money to a new recipient, you’ll first need to add them as a beneficiary. This usually involves entering their name, account number, and the crucial IFSC code of their bank branch. For the DEOMARKANDE branch of Bihar Gramin Bank, this would be PUNB0MBGB06.
- Verify Details: Double-check all the beneficiary details you’ve entered, especially the account number and IFSC code, to prevent errors.
- Enter Amount: Input the amount of money you wish to transfer.
- Confirm Transaction: Confirm the transaction. You might receive an OTP (One-Time Password) on your registered mobile number to authorize the transfer.
Always take a moment to confirm the IFSC code and account number. A single wrong digit can lead to funds being transferred to an incorrect account.
Benefits of Knowing Your IFSC Code
Having the correct IFSC code at hand offers several important benefits:
- Ensures Accuracy: It directs your funds precisely to the intended bank and branch, minimizing the risk of misdirected transfers.
- Facilitates Fast Transfers: Essential for quick online transfers via NEFT, RTGS, and IMPS, allowing money to move across banks efficiently.
- Enables Nationwide Transactions: Allows you to send or receive money from any bank branch in India, making banking convenient regardless of location.
- Prevents Transaction Failure: Using the correct and current IFSC code ensures your online transactions are processed successfully without being rejected.
- Aids in Digital Banking: It is a fundamental requirement for all digital fund transfer methods, supporting the modern banking ecosystem.
Contact Information
Should you need to get in touch with the bank or have further queries, here are the relevant contact details:
- DEOMARKANDE Branch Phone Number: 9771464346
- DEOMARKANDE Branch Address: DEOMARKANDE, Rohtas, 802214
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Bihar Gramin Bank Toll-Free Number: 18001807777
Frequently Asked Questions
Here are some common questions about IFSC codes:
Q1: What happens if I use an old or incorrect IFSC code?
A: If you use an old or incorrect IFSC code, your online fund transfer (NEFT, RTGS, IMPS) will likely fail. The system will not be able to locate the correct branch, and the transaction will be rejected, often with a message indicating an invalid IFSC code. The funds would generally be returned to your account.
Q2: Is the IFSC code unique for every bank branch?
A: Yes, every bank branch participating in online fund transfers has a unique 11-character IFSC code. No two branches will share the same IFSC code, which is what makes it so effective for directing funds accurately.
Q3: Can I find the IFSC code online?
A: Yes, you can easily find IFSC codes online through various reliable sources. These include the official website of the Reserve Bank of India (RBI), the bank’s own official website (like Punjab National Bank or Bihar Gramin Bank), and trusted third-party financial websites that maintain updated bank databases. Always cross-reference with an official source if you have doubts.
Q4: Is an IFSC code required for cash deposits or withdrawals at a branch?
A: No, an IFSC code is not required for physical cash deposits or withdrawals made directly at a bank branch. The IFSC code is specifically designed for electronic fund transfers between different bank branches.
Q5: Why does Bihar Gramin Bank’s IFSC start with “PUNB”?
A: Bihar Gramin Bank is a Regional Rural Bank (RRB) sponsored by Punjab National Bank. The “PUNB” prefix in its IFSC code (PUNB0MBGB06) signifies its association and operational linkage with the sponsoring bank, Punjab National Bank, for interbank transactions and clearing purposes.
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.