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What does the IFSC code mean?

What does the IFSC code mean?

The Indian Monetary Framework Code (IFSC) is an extraordinary alphanumeric code that assumes a significant role in electronic cash moves in India. It is utilized to distinguish each part of every bank in India, making it fundamental for different financial exchanges, for example, Public Electronic Assets Move (NEFT), Continuous Gross Settlement (RTGS), and Prompt Installment Administration (Pixies). Presently, we should dive into the points of interest of IFSC codes for Dakshin Bihar Gramin Bank and Madhya Bihar Gramin Bank.

Dakshin Bihar Gramin Bank IFSC Code

Dakshin Bihar Gramin Bank, a critical provincial country bank in Bihar, utilizes IFSC codes for secure and productive financial exchanges. The IFSC code for the Dakshin Bihar Gramin Bank office in Patna is PUNB0MBGB061. The MICR code for this branch is 8008110021. The branch is situated at NEFT Incorporated Handling Cntr Madhya Bihar Gramin Bank, Meena Court, South of Historical Center, Patna 8000011.

Madhya Bihar Gramin Bank IFSC Code

Like Dakshin Bihar Gramin Bank, Madhya Bihar Gramin Bank additionally utilizes IFSC codes for its financial tasks. The IFSC code for the Madhya Bihar Gramin Bank office in Patna is PUNB0MBGB062. The branch is situated at Through Bikram Kab Teh Danapur 801104, Patna, Bihar 3. Tragically, the MICR code for this branch isn’t accessible in the query items.

Conclusion:

All in all, IFSC codes are vital to guaranteeing secure and productive financial exchanges. Both Dakshin Bihar Gramin Bank and Madhya Bihar Gramin Bank utilize these codes to ensure a smooth financial encounter for their clients. It’s constantly prescribed to double-check the IFSC code before starting any monetary exchange to stay away from any disparities.

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