Bihar Gramin Bank USARI DANAPUR IFSC Code

When you need to send or receive money, understanding banking details is key. For the Bihar Gramin Bank branch located in USARI DANAPUR, Patna, Bihar, knowing its Indian Financial System Code (IFSC) is essential. This code acts like a unique address for the branch, making sure your fund transfers through systems like NEFT, RTGS, and IMPS reach the correct destination quickly and safely. Without the right IFSC, your transactions cannot be processed.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	USARI DANAPUR
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7462
Branch Address	USARI DANAPUR, Patna, 801105, 7781004462
Contact Number	7781004462
City	Patna
District	Patna
Reason	PATNA
Pincode	801105
State	Bihar

Merger Update

Bihar Gramin Bank was formed from the merger of two important regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). This merger brought these entities under a single identity, sponsored by Punjab National Bank. As a result, all branches that previously operated under UBGB or DBGB now use a unified banking system. The old IFSC codes that belonged to Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid for transactions. All financial transfers must now use the new, consolidated IFSC code, which for the USARI DANAPUR branch is PUNB0MBGB06. Using any outdated IFSC code will lead to transaction failures.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character code assigned to every bank branch in India. It is used to identify the specific branch during online fund transfers. Understanding its structure can be helpful:

• The first four characters identify the bank. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsor bank.
• The fifth character is always a “0” (zero). This is kept for future use.
• The last six characters uniquely identify the specific bank branch. In PUNB0MBGB06, “MBGB06” identifies the USARI DANAPUR branch within the merged bank structure.

This unique identification ensures that money is routed to the correct branch without any confusion, even if multiple branches have similar names.

How to Use IFSC Code

You will need the IFSC code for various digital fund transfers. Here’s how it’s used in common scenarios:

• NEFT (National Electronic Funds Transfer): When you want to send money using NEFT, you need the recipient’s name, account number, bank name, and the correct IFSC code of their bank branch. You provide these details to your bank, either through online banking or by filling out a form at the branch.
• RTGS (Real Time Gross Settlement): For larger value transactions, RTGS requires the same information as NEFT. The IFSC code is crucial for the real-time processing of these high-value transfers, ensuring funds move directly from one bank to another without netting.
• IMPS (Immediate Payment Service): IMPS allows instant fund transfers 24/7. When using IMPS via mobile banking apps or internet banking, you’ll typically enter the recipient’s mobile number and MMID, or their account number and the IFSC code. The IFSC ensures the instant credit of funds to the correct account.

In each case, simply input the IFSC code PUNB0MBGB06 along with the recipient’s account details when prompted during the transaction setup.

Benefits of Knowing Your IFSC Code

Knowing the IFSC code for the Bihar Gramin Bank, USARI DANAPUR branch offers several benefits:

• Accurate Fund Transfers: It guarantees that your money reaches the right branch and account, minimizing errors in transactions.
• Faster Processing: Correct IFSC codes enable quicker processing of NEFT, RTGS, and IMPS transactions.
• Essential for Online Banking: Most online fund transfer services require the IFSC code, making it indispensable for digital transactions.
• Receiving Funds: If someone needs to send you money, you’ll need to provide them with your account number and the branch’s IFSC code.
• Enhanced Security: The unique identification helps prevent fraud by ensuring funds are directed to legitimate banking channels.

Contact Information

For specific inquiries or assistance related to the USARI DANAPUR branch, you can use the following details:

• Branch Phone Number: 7781004462
• Branch Address: USARI DANAPUR, Patna, 801105, Bihar
• Head Office Address (Bihar Gramin Bank): SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number (Punjab National Bank Customer Care): 18001807777

FAQs

Q1: What is the IFSC code for Bihar Gramin Bank USARI DANAPUR branch?
A1: The IFSC code for the Bihar Gramin Bank USARI DANAPUR branch is PUNB0MBGB06.

Q2: Why did the IFSC code change for branches that were previously under Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank?
A2: Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank merged to form Bihar Gramin Bank. This merger led to the adoption of new, unified IFSC codes under Punjab National Bank’s sponsorship, making old codes invalid.

Q3: Is the IFSC code mandatory for all bank transactions?
A3: The IFSC code is mandatory for all electronic fund transfers like NEFT, RTGS, and IMPS when sending money to another bank or branch. It is not required for cash deposits or withdrawals at your own branch or for transactions within the same branch using only account numbers.

Q4: What happens if I use an incorrect IFSC code for a transaction?
A4: If you use an incorrect IFSC code, your transaction will likely fail. The funds will not be transferred, and they may be reversed to your account. It’s crucial to double-check the IFSC code before initiating any transfer.

Q5: Can I find the IFSC code on my chequebook?
A5: Yes, the IFSC code is typically printed on the cheque leaves of your bank’s chequebook, usually near the bank name and branch address. You can also find it on your bank passbook or by using online bank finders.