IFSC code for Dakshin Bihar Gramin Bank, Dakshin bihar gramin bank imps, Patna, Maharashtra
Updated on: Sunday, December 1, 2024
IFSC CODE
PUNB0MBGB06
Dakshin Bihar Gramin Bank
Dakshin Bihar Gramin Bank Imps, Mumbai, Maharashtra
Address
Neft Centralized Processing Cntr Madhya Bihar Gramin Bank,meena Plaza South Of Museaum,patna 800001
Dakshin Bihar Gramin Bank
Dakshin Bihar Gramin Bank Imps, Mumbai, Maharashtra
Address
Neft Centralized Processing Cntr Madhya Bihar Gramin Bank,meena Plaza South Of Museaum,patna 800001
Bank Details
IFSC Code
PUNB0MBGB06
MICR Code
800811002
Bank Code
(Based on IFSC)
MBGX
Bank Code
(Based on MICR)
811
Contact
NA
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IFSC Code of Dakshin Bihar Gramin Bank
Every Dakshin Bihar Gramin Bank branch in India has a unique Dakshin Bihar Gramin Bank IFSC Code. Dakshin Bihar Gramin Bank IFSC Code enables Dakshin Bihar Gramin Bank account holders to send and receive money electronically. Dakshin Bihar Gramin Bank IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.
Format of Dakshin Bihar Gramin Bank IFSC Code PUNB0MBGB06
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., PUNB, denotes the name of the bank which is Dakshin Bihar Gramin Bank.
The fifth character is 0.
The last six digits of the code, i.e., MBGB06, represents the branch which is Dakshin Bihar Gramin Bank
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MICR Code of Dakshin Bihar Gramin Bank
Every Dakshin Bihar Gramin Bank branch in India has a unique Dakshin Bihar Gramin Bank MICR Code. MICR code for Dakshin Bihar Gramin Bank can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Dakshin Bihar Gramin Bank. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.
