Bihar Gramin Bank Desua IFSC Code

This article provides details for the Bihar Gramin Bank branch located in Desua, Samastipur, Bihar. When you need to send money electronically, whether through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service), a special code called the IFSC (Indian Financial System Code) is essential. This code acts like a unique address for each bank branch, ensuring your funds go to the correct destination quickly and securely. Without the correct IFSC, electronic fund transfers cannot be processed.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Desua
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3931
Branch Address	Desua, Samastipur, 848132
Contact Number	9955997837
City	Samastipur
District	Samastipur
Reason	SAMASTIPUR
Pincode	848132
State	Bihar

Merger Update

Bihar Gramin Bank is the result of a significant merger in the regional rural banking sector. It was formed by combining Uttar Bihar Gramin Bank (UBGB) and Madhya Bihar Gramin Bank (MBGB). Madhya Bihar Gramin Bank itself was established from the merger of Dakshin Bihar Gramin Bank (DBGB) and Bihar Kshetriya Gramin Bank. This means that if you previously had an account with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank (via Madhya Bihar Gramin Bank), your bank is now part of Bihar Gramin Bank.

As part of this merger, all branches now operate under a single, unified IFSC code structure, sponsored by Punjab National Bank. For the Desua branch and many others under Bihar Gramin Bank, the valid IFSC code is PUNB0MBGB06. It is crucial to understand that any old IFSC codes previously used for Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) are no longer valid. For all electronic transactions, including NEFT, RTGS, and IMPS, only the new, updated IFSC code like PUNB0MBGB06 must be used. Using an outdated code will cause your transaction to fail.

What is IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch in India. It is an alphanumeric code, meaning it contains both letters and numbers.

The structure of the IFSC code is straightforward:

• The first four characters represent the bank’s name. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a “0” (zero). This is kept as a control character for future use.
• The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” refers to the particular branch, in this case, Desua.

This unique identification helps ensure that your money reaches the exact bank branch and account you intend it for.

How to Use IFSC Code

Using the IFSC code is a standard part of initiating electronic fund transfers. Here’s how you typically use it for NEFT, RTGS, and IMPS transactions:

1. Gather Beneficiary Details: Before starting, make sure you have all necessary information for the person or entity you are sending money to. This includes:
   • Beneficiary’s Name
   • Beneficiary’s Account Number
   • Beneficiary’s Bank Name (e.g., Bihar Gramin Bank)
   • Beneficiary’s Branch Name (e.g., Desua)
   • The correct IFSC Code for that specific branch (e.g., PUNB0MBGB06)
   • The amount you wish to transfer.
2. Log In to Your Banking Platform: Access your net banking portal, mobile banking app, or visit your bank branch to fill out a physical transfer slip.
3. Select Transfer Type: Choose the type of transfer you want to make:
   • NEFT (National Electronic Funds Transfer): Typically used for smaller amounts, processed in batches.
   • RTGS (Real Time Gross Settlement): Ideal for large-value transactions, processed individually in real-time.
   • IMPS (Immediate Payment Service): Provides instant fund transfer 24/7, suitable for various amounts.
4. Add Beneficiary (First Time): If you’re sending money to this recipient for the first time, you’ll need to add them as a new beneficiary. This involves entering their name, account number, bank name, and the crucial IFSC code. Some banks require a waiting period (e.g., 30 minutes to a few hours) before you can initiate a transfer to a newly added beneficiary.
5. Initiate Transfer: Once the beneficiary is added (or if they are already saved), select their name, enter the amount you wish to send, and confirm the transaction. The system will use the saved IFSC code to direct the funds.

Always double-check the IFSC code and account number before confirming any transaction to avoid errors.

Benefits

Knowing and using the correct IFSC code offers several advantages for your banking transactions:

• Ensures Accuracy: It directs your funds to the precise branch, preventing misdirected transfers.
• Facilitates Electronic Transfers: It is mandatory for NEFT, RTGS, and IMPS, enabling quick and efficient digital transactions.
• Reduces Manual Errors: By identifying the branch electronically, it minimizes the risk of human error during manual processing.
• Speeds Up Transfers: Accurate routing via IFSC codes contributes to faster processing times for electronic payments.
• Standardized System: It provides a uniform and reliable method for inter-bank fund transfers across India.
• Secure Transactions: By ensuring the correct destination, it adds an important layer of security to your financial transfers.

Contact Section

For any inquiries related to the Bihar Gramin Bank Desua branch or general banking services:

• Branch Phone Number: 9955997837
• Branch Address: Desua, Samastipur, 848132
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

FAQs Section

Q1: What is Bihar Gramin Bank?
A1: Bihar Gramin Bank is a Regional Rural Bank (RRB) in India, sponsored by Punjab National Bank. It was formed by the merger of Uttar Bihar Gramin Bank and Madhya Bihar Gramin Bank, serving rural and semi-urban areas of Bihar.

Q2: Is the IFSC code PUNB0MBGB06 valid for all Bihar Gramin Bank branches?
A2: No, PUNB0MBGB06 is specific to the Desua branch. While the first five characters (PUNB0) might be common for many Bihar Gramin Bank branches due to the sponsor bank and merger structure, the last six characters are unique to each specific branch. Always verify the exact IFSC code for the specific branch you intend to transact with.

Q3: How can I find the IFSC code for other Bihar Gramin Bank branches?
A3: You can find IFSC codes on the official Bihar Gramin Bank website, the Reserve Bank of India (RBI) website, your bank’s passbook or cheque book, or through reliable online financial portals. Ensure the source is trustworthy.

Q4: What happens if I use an old IFSC code from Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?
A4: If you use an old or incorrect IFSC code, your electronic fund transfer (NEFT, RTGS, IMPS) will likely fail. The transaction will be rejected, and the money will not be credited to the beneficiary’s account. It’s important to always use the current and correct IFSC code for Bihar Gramin Bank branches, like PUNB0MBGB06 for the Desua branch.

Q5: Can I transfer money to the Desua branch using its Branch Code 3931?
A5: No, the Branch Code (3931) is an internal identifier for the bank. It cannot be used for electronic fund transfers like NEFT, RTGS, or IMPS. For these transactions, you must use the complete 11-character IFSC code, which is PUNB0MBGB06 for the Desua branch.