Bihar Gramin Bank Dihuli Angarghat IFSC Code

The Bihar Gramin Bank branch in Dihuli Angarghat serves the local community in Samastipur, Bihar. When you need to send or receive money electronically, understanding the Indian Financial System Code (IFSC) for this branch is crucial. This unique code is essential for various digital fund transfers, including National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC, these transactions cannot be processed, ensuring your money reaches the right account securely.

Branch Details

Here are the key details for the Bihar Gramin Bank, Dihuli Angarghat branch:

Bank Name	Bihar Gramin Bank
Branch Name	Dihuli Angarghat
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3921
Branch Address	Dihuli Angarghat, Samastipur, 848236
Contact Number	9955997827
City	Samastipur
District	Samastipur
Pincode	848236
State	Bihar

Merger Update

Bihar Gramin Bank, including its Dihuli Angarghat branch, is the result of a significant merger. Previously, there were Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have merged to form the current Bihar Gramin Bank. Following this merger, and under the sponsorship of Punjab National Bank, the IFSC codes for these branches have been standardized. The new IFSC code for branches like Dihuli Angarghat is PUNB0MBGB06.

It is very important to note that any old IFSC codes previously used for UBGB or DBGB branches are now revoked and no longer valid for transactions. Always use the new, updated IFSC code like PUNB0MBGB06 to ensure your fund transfers are successful and correctly routed.

What is an IFSC Code?

The IFSC Code is an 11-character alphanumeric code used to identify all bank branches participating in electronic funds transfer systems in India. It acts as a unique address for each branch. The code has a specific structure:

• The first four characters represent the bank’s name. For example, ‘PUNB’ stands for Punjab National Bank, which is the sponsor bank for Bihar Gramin Bank.
• The fifth character is always ‘0’ (zero). This is reserved for future use and helps distinguish the bank code from the branch code.
• The last six characters identify the specific branch. In the case of PUNB0MBGB06, ‘MBGB06’ indicates the particular branch within the Madhya Bihar Gramin Bank structure, which Bihar Gramin Bank branches now fall under for IFSC purposes.

This unique combination ensures that money is directed to the exact branch and account intended, minimizing errors in transactions.

How to Use IFSC Code

Using the IFSC code is a straightforward process when you are making electronic fund transfers. Here’s how it generally works for NEFT, RTGS, and IMPS:

1. Gather Recipient Details: Before initiating any transfer, you will need the recipient’s full name, account number, account type (savings or current), and the correct IFSC code of their bank branch (e.g., PUNB0MBGB06 for Dihuli Angarghat).
2. Log In: Access your internet banking portal or mobile banking app. Alternatively, visit your bank branch to fill out a NEFT/RTGS/IMPS form.
3. Select Transfer Type: Choose the type of transfer you wish to make:
   • NEFT (National Electronic Funds Transfer): This system processes transfers in batches, typically on an hourly basis. It’s suitable for non-urgent transfers.
   • RTGS (Real Time Gross Settlement): Designed for large-value transactions (usually Rs. 2 lakh and above), RTGS processes transfers individually and in real-time.
   • IMPS (Immediate Payment Service): This is a 24/7 real-time transfer system, suitable for instant transfers of any amount, even on holidays.
4. Enter Details: Input all the required recipient details into the transfer form or online portal. This includes the IFSC code PUNB0MBGB06, account number, and the amount you wish to send.
5. Confirm and Transact: Review all the entered information carefully. Once confirmed, authorize the transaction. You will usually receive a confirmation message or receipt.

Always double-check the IFSC code and account number before confirming a transaction to avoid sending money to the wrong recipient.

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank branch, or for the branch you’re sending money to, offers several important benefits:

• Accurate Fund Transfers: Ensures that your money is routed to the precise bank and branch, preventing delays or misdirection.
• Facilitates Online Transactions: Essential for smooth and secure NEFT, RTGS, and IMPS transfers via internet banking or mobile apps.
• Reduces Errors: The unique 11-character code significantly lowers the chance of human error during manual entry, compared to relying solely on branch names or addresses.
• Faster Processing: Enables quick identification of the destination branch, speeding up the electronic transfer process.
• Security: Helps maintain the security and integrity of the banking system by providing a clear identification path for every transaction.

Contact Information

For inquiries related to the Bihar Gramin Bank, Dihuli Angarghat branch, or the bank’s services, you can use the following contact details:

• Branch Phone Number: 9955997827
• Branch Address: Dihuli Angarghat, Samastipur, 848236, Bihar
• Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Q1: What happens if I use an old or incorrect IFSC code?

If you use an old or incorrect IFSC code, your electronic fund transfer will most likely fail. The transaction will be rejected by the bank’s system, and the money will be returned to your account, though this process might take some time. Always verify the current IFSC code before initiating a transfer.

Q2: Is the IFSC code the same for all branches of Bihar Gramin Bank?

No, the IFSC code is not the same for all branches. While the first five characters (PUNB0) might be consistent across branches sponsored by Punjab National Bank under the MBGB identifier, the last six characters are unique to each specific branch. For Dihuli Angarghat, it is PUNB0MBGB06.

Q3: Where can I find the IFSC code for another Bihar Gramin Bank branch?

You can find the IFSC code on your cheque book, bank passbook, or by visiting the official website of Bihar Gramin Bank (or its sponsor, Punjab National Bank). Many reliable financial websites also provide a searchable database of IFSC codes.

Q4: What is the main difference between NEFT, RTGS, and IMPS?

The main differences lie in processing time and transaction limits. NEFT processes transactions in hourly batches and has no minimum limit. RTGS processes transactions in real-time, individually, and is meant for large sums (typically Rs. 2 lakh and above). IMPS offers instant, 24/7 real-time transfers for any amount, even on holidays.

Q5: Is the MICR code also important for fund transfers?

The MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. It helps in quickly identifying the bank and branch for cheque clearing purposes. While crucial for cheques, it is not required for electronic fund transfers like NEFT, RTGS, or IMPS, where the IFSC code takes precedence.