Bihar Gramin Bank Dhaka IFSC Code

The Bihar Gramin Bank branch in Dhaka is an important financial hub for the residents of Dhaka, a town nestled in the East Champaran district of Bihar. For anyone looking to send or receive money electronically to or from this branch, understanding the Indian Financial System Code (IFSC) is crucial. This unique 11-character code acts as a digital address, ensuring that your funds reach the correct recipient bank and branch quickly and securely, whether you’re using National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS).

Branch Details

Here are the essential details for the Bihar Gramin Bank, Dhaka branch:

Bank Name	Bihar Gramin Bank
Branch Name	Dhaka
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100294
Branch Address	Dhaka, EAST CHAMPARAN, 845418, 9297954629
Contact Number	9297954629
City	EAST CHAMPARAN
District	EAST CHAMPARAN
Reason	MOTIHARI
Pincode	845418
State	Bihar

Merger Update

The landscape of regional rural banks in India, especially in Bihar, has seen significant mergers and restructuring. Many local banks have consolidated to create stronger, more unified entities. For instance, if your branch was previously associated with banks like Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), it’s important to know that these banks have merged. All transactions now use a unified IFSC code, PUNB0MBGB06, under the sponsorship of Punjab National Bank.

This means that any old IFSC codes previously assigned to UBGB or DBGB branches are now revoked and are no longer valid for electronic fund transfers. To ensure your transactions are successful, always use the current and valid IFSC code PUNB0MBGB06 for the Bihar Gramin Bank, Dhaka branch. Using an outdated code will cause your transfer to fail.

What is an IFSC Code?

The IFSC (Indian Financial System Code) is a unique 11-character alphanumeric code used to identify all bank branches participating in the NEFT, RTGS, and IMPS systems in India. It’s designed to ensure that funds are directed to the correct branch without any errors.

Here’s how the 11 characters are structured:

• The first four characters represent the bank’s name. For PUNB0MBGB06, “PUNB” stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always a zero (0). This character is reserved for future use and acts as a control character, keeping the code structure consistent.
• The last six characters identify the specific branch. In this case, “MBGB06” uniquely points to a specific branch within the broader structure, indicating a branch of Madhya Bihar Gramin Bank, under which the Bihar Gramin Bank Dhaka branch operates for IFSC purposes.

This detailed structure guarantees precision in financial transactions.

How to Use the IFSC Code

Using the IFSC code correctly is vital for seamless electronic fund transfers. Here’s a step-by-step guide for NEFT, RTGS, and IMPS:

1. Gather Beneficiary Details: Before initiating any transfer, you’ll need the recipient’s full name, account number, the amount to be transferred, and the correct IFSC code of their bank branch. For Bihar Gramin Bank, Dhaka, this is PUNB0MBGB06.
2. Log In to Your Banking Portal: Access your net banking account or mobile banking app. If you prefer offline, visit your bank branch and fill out the NEFT/RTGS/IMPS form.
3. Select Transfer Type: Choose whether you want to make an NEFT, RTGS, or IMPS transfer based on the amount and urgency. NEFT is for deferred settlements, RTGS for large-value, real-time transfers, and IMPS for instant transfers 24/7.
4. Add Beneficiary: If it’s a new recipient, you’ll first need to add them as a beneficiary. Enter their name, account number, and the IFSC code (PUNB0MBGB06). Your bank will typically verify the IFSC code’s validity.
5. Enter Amount and Confirm: Once the beneficiary is added (or selected if already existing), enter the amount you wish to transfer. Review all details carefully – especially the account number and IFSC code – before confirming the transaction.
6. Complete Transaction: Authorize the transfer using your transaction password or OTP (One-Time Password). You’ll usually receive a confirmation message once the transaction is successful.

Always double-check the IFSC code and account number to prevent any misdirected transfers.

Benefits of Knowing Your IFSC Code

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

• Accuracy in Transfers: It ensures your money goes to the correct branch, minimizing errors and delays.
• Enhanced Security: The unique identification helps in tracking transactions and prevents fraudulent activities by linking transfers to specific, verifiable bank branches.
• Speedy Processing: Correct IFSC codes facilitate quicker processing of NEFT, RTGS, and IMPS transactions, allowing funds to be credited faster.
• Unique Branch Identification: Each branch has a distinct IFSC, making it impossible to confuse one branch with another, even if they share similar names or are in the same city.
• Mandatory for Electronic Transfers: It is a mandatory requirement for all electronic fund transfers within India, making it an indispensable piece of information for modern banking.

Contact Information

For any queries or assistance related to the Bihar Gramin Bank, Dhaka branch, or the broader bank operations, you can use the following contact details:

• Dhaka Branch Phone Number: 9297954629
• Dhaka Branch Address: Dhaka, EAST CHAMPARAN, 845418, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Customer Care: 18001807777

Frequently Asked Questions (FAQs)

Q1: What is the correct IFSC code for Bihar Gramin Bank, Dhaka branch?
A1: The correct and currently valid IFSC code for the Bihar Gramin Bank, Dhaka branch, is PUNB0MBGB06.

Q2: Is the MICR code the same as the IFSC code?
A2: No, the MICR (Magnetic Ink Character Recognition) code is different from the IFSC code. The MICR code, 800811002 for the Dhaka branch, is a 9-digit code primarily used for processing physical cheques. It helps identify the bank and branch participating in the cheque clearing system, ensuring fast and accurate processing.

Q3: Can I still use an old IFSC code for Bihar Gramin Bank branches?
A3: No. Due to mergers and restructuring among regional rural banks, any old IFSC codes, especially those from former entities like Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), have been revoked. You must always use the new and unified IFSC code, PUNB0MBGB06, for electronic transactions involving this branch.

Q4: What happens if I enter an incorrect IFSC code during a transfer?
A4: If you enter an incorrect IFSC code, the transaction will most likely fail immediately, and your bank will notify you. In rare cases, if the incorrect code corresponds to another valid bank branch, your funds could be misdirected. It’s crucial to verify the IFSC code and account number carefully before confirming any transfer to avoid such issues.

Q5: How can I find the IFSC code for other Bihar Gramin Bank branches?
A5: You can reliably find the IFSC codes for other Bihar Gramin Bank branches on the bank’s official website, through your bank’s net banking portal or mobile app, on your chequebook, or by contacting the bank’s customer service via their toll-free number 18001807777.