GAINI branch of Bihar Gramin Bank is located in Gaini village, Aurangabad district, Bihar, PIN 824113. This branch serves local customers for deposits, withdrawals, and electronic fund transfers. The IFSC code is essential when moving money through NEFT, RTGS or IMPS: it uniquely identifies the bank and branch so payments route correctly and reach the intended account without delay.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | GAINI |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7101 |
| Branch Address | GAINI, Aurangabad, 824113, 9771464101 |
| Contact Number | 9771464101 |
| City | Aurangabad |
| District | Aurangabad |
| Reason | AURANGABAD |
| Pincode | 824113 |
| State | Bihar |
Merger Update
Note: The Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) structures were reorganized and consolidated under Punjab National Bank. As a result, this branch now uses the single IFSC code PUNB0MBGB06 under Punjab National Bank. Old UBGB and DBGB IFSC codes have been revoked. For all NEFT, RTGS and IMPS transactions use only the new IFSC PUNB0MBGB06; older codes will not route or credit funds.
What is IFSC Code?
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code that identifies a specific bank branch in India for electronic payments. Structure:
- First 4 characters: bank identifier (letters). Example: PUNB = Punjab National Bank.
- 5th character: reserved and is always 0.
- Last 6 characters: branch identifier (alphanumeric). Example: MBGB06 in PUNB0MBGB06 points to the specific branch.
How to Use IFSC Code
To send money using NEFT/RTGS/IMPS, follow these steps:
- Open your bank’s netbanking, mobile app, or visit the branch counter.
- Select the transfer type: NEFT, RTGS (for high-value real-time), or IMPS (instant, 24×7 for smaller amounts).
- Add a beneficiary (payee). Provide: payee name, account number, and the IFSC code PUNB0MBGB06 for GAINI branch.
- Validate beneficiary (OTP or bank confirmation). Many banks verify IFSC automatically; still double-check the code and account number.
- Enter amount and transfer remark. For RTGS, confirm the minimum/maximum limits (RTGS minimum usually Rs. 2,00,000). NEFT/IMPS limits depend on bank policy.
- Authenticate the transaction (OTP/transaction password). Note the transaction reference for tracking.
Benefits of Knowing the IFSC
- Ensures funds route to the correct branch and account without manual intervention.
- Required for beneficiary addition in netbanking and mobile apps.
- Helps customer service locate and track transactions using the branch identifier and MICR code.
- Reduces failed or returned transfers caused by ambiguous branch names or similar addresses.
- Supports reconciliation for businesses and accountants by matching branch codes to entries.
Contact
Branch Phone: 9771464101
Branch Address: GAINI, Aurangabad, 824113
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Is PUNB0MBGB06 valid for all digital transfers to GAINI branch?
A: Yes. Use PUNB0MBGB06 for NEFT, RTGS and IMPS to credit accounts at the GAINI branch. Old UBGB/DBGB IFSCs are revoked and will not work.
Q: What if I enter the wrong IFSC but the correct account number?
A: Banks match both IFSC and account number. A wrong IFSC can delay routing or lead to return of funds. Always confirm IFSC and account number with the beneficiary before transferring.
Q: What is the difference between MICR and IFSC?
A: IFSC is used for electronic transfers (NEFT/RTGS/IMPS). MICR (Magnetic Ink Character Recognition) code like 800811002 is used mainly for cheque clearing and is numeric (9 digits). Both identify branches but serve different systems.
Q: Can I use this IFSC for inward remittances from abroad?
A: For international transfers, banks typically require SWIFT/BIC codes and corresponding bank details. IFSC is used for domestic electronic transfers. Check with your remitting bank for the correct international routing details.
Q: How long do NEFT, RTGS and IMPS transfers take?
A: IMPS is instant (seconds). NEFT processes in hourly or half-hourly batches depending on the bank (most are near real-time now). RTGS is real-time and best for large-value transfers; typically immediate once processed and authenticated.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.