Bihar Gramin Bank Dumrikatsari IFSC Code

The Bihar Gramin Bank branch in Dumrikatsari is located in Sheohar, Bihar. When you need to transfer money electronically, like through NEFT, RTGS, or IMPS, knowing its IFSC code is essential. This unique code ensures your funds reach the correct bank and branch swiftly and securely.

Branch Details

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

Bank Name	Bihar Gramin Bank
Branch Name	Dumrikatsari
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100150
Branch Address	Dumrikatsari, SHEOHAR, 0, 9297954792
Contact Number	9297954792
City	SHEOHAR
District	SHEOHAR
Region	SITAMARHI
Pincode	0
State	Bihar

Merger Update

Previously, Bihar had various regional rural banks. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were two of them. These banks have since merged to form a single entity, now operating as Bihar Gramin Bank under the sponsorship of Punjab National Bank.

This merger means that all branches, including Dumrikatsari, now use a unified IFSC code: PUNB0MBGB06. It’s important to remember that any old IFSC codes previously used by UBGB or DBGB are no longer valid. For all your financial transactions, always use PUNB0MBGB06 to ensure your funds are processed correctly.

What is an IFSC Code?

The IFSC code stands for Indian Financial System Code. It’s an 11-character alpha-numeric code used to identify every bank branch participating in online fund transfers within India. Think of it as a unique address for a bank branch.

• The first four characters of the IFSC code represent the bank. For example, in 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 helps distinguish the bank code from the branch code.
• The last six characters identify the specific bank branch. In PUNB0MBGB06, ‘MBGB06’ points to the Dumrikatsari branch of Bihar Gramin Bank.

How to Use the IFSC Code

Using the IFSC code is straightforward when you’re setting up an electronic money transfer:

• For NEFT (National Electronic Funds Transfer): This method is suitable for transfers that don’t need to happen instantly. You provide the recipient’s bank account number, bank name, and the correct IFSC code for their branch. Funds are settled in batches throughout the day.
• For RTGS (Real Time Gross Settlement): This is for large value transfers (typically 2 lakh rupees or more) that need immediate processing. You’ll input the recipient’s account details and the IFSC code, and the transaction is processed individually, in real-time.
• For IMPS (Immediate Payment Service): This allows instant money transfers 24/7, even on holidays. You’ll need the recipient’s mobile number and MMID, or their account number and IFSC code. The IFSC code ensures the money goes to the right branch instantly.

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

Benefits of Knowing the IFSC Code

Knowing the correct IFSC code for your bank branch, or the recipient’s, offers several benefits:

• Ensures funds reach the correct bank and branch.
• Speeds up electronic fund transfers like NEFT, RTGS, and IMPS.
• Reduces errors in money transfers.
• Provides a standardized system for inter-bank transactions across India.
• Increases the security and reliability of online banking.

Contact Information

If you need to get in touch with Bihar Gramin Bank:

• Branch Phone Number (Dumrikatsari): 9297954792
• Branch Address (Dumrikatsari): Dumrikatsari, SHEOHAR, 0, 9297954792
• Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Here are some common questions about IFSC codes and Bihar Gramin Bank:

Q1: What is the full form of IFSC?
A: IFSC stands for Indian Financial System Code.

Q2: Is PUNB0MBGB06 the only valid IFSC code for Bihar Gramin Bank Dumrikatsari?
A: Yes, following the merger of Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank, PUNB0MBGB06 is the only valid IFSC code for this branch and all other Bihar Gramin Bank branches. Old codes are no longer in use.

Q3: Can I use this IFSC code for international transfers?
A: No, IFSC codes are specifically for domestic electronic fund transfers within India. For international transfers, you would typically need a SWIFT/BIC code.

Q4: What if I use an incorrect IFSC code?
A: If you use an incorrect IFSC code, your transaction will likely fail, and the funds will be returned to your account. In some cases, if the incorrect code belongs to another valid branch and the account number matches, funds could go to the wrong recipient, which is why double-checking is crucial.

Q5: Who sponsors Bihar Gramin Bank?
A: Bihar Gramin Bank is sponsored by Punjab National Bank.