The Bihar Gramin Bank branch in MUNGIA is located in the Aurangabad district of Bihar. For any online money transfer to this branch, you need its specific Indian Financial System Code (IFSC). This 11-character code is essential for routing payments through systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Using the correct IFSC ensures that your funds reach the intended bank and branch without any errors or delays.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | MUNGIA |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | MUNGIA, Aurangabad, 824301, Bihar |
| Contact Number | 9771464116 |
| City | Aurangabad |
| District | Aurangabad |
| Reason | AURANGABAD |
| Pincode | 824301 |
| State | Bihar |
Merger and IFSC Code Update
Bihar Gramin Bank was formed by the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this merger, the bank operates under the sponsorship of Punjab National Bank (PNB). As a result, all old IFSC codes previously used by UBGB and DBGB branches have been revoked and are no longer valid. All branches, including MUNGIA, now use a new, unified IFSC code structure that begins with ‘PUNB’. For any transactions to the MUNGIA branch, you must use the updated IFSC code PUNB0MBGB06.
Understanding the IFSC Code
The IFSC code is an 11-character alphanumeric code that uniquely identifies a bank branch participating in the NEFT system. The structure is designed for easy identification and error-free processing.
Let’s break down the IFSC code for the MUNGIA branch, PUNB0MBGB06:
- PUNB: The first four letters represent the sponsor bank, which is Punjab National Bank.
- 0: The fifth character is always a zero. It is reserved for future use.
- MBGB06: The last six characters uniquely identify the specific branch, in this case, the MUNGIA branch of Bihar Gramin Bank.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for an online transaction is a straightforward process. Whether you are using a mobile banking app or a desktop website, the steps are generally the same.
- Log in to your internet banking account or mobile banking application.
- Navigate to the ‘Fund Transfer’ section and select your preferred method (NEFT, RTGS, or IMPS).
- Add the recipient as a new ‘Beneficiary’ or ‘Payee’.
- You will be asked to provide the beneficiary’s details, including their name, account number, and the bank’s IFSC code. In this field, enter PUNB0MBGB06.
- Double-check all the details to ensure accuracy, then confirm the transaction using your password or OTP.
Why the IFSC Code is Important
- Accurate Routing: It directs the funds to the exact destination branch, eliminating confusion between branches with similar names or locations.
- Error Prevention: The banking system validates the IFSC code against the account number, which helps prevent transactions from being sent to the wrong account.
- Automated Processing: IFSC codes enable the electronic transfer system to process millions of transactions daily without manual intervention, making transfers fast and efficient.
- Mandatory Requirement: It is a non-negotiable requirement for participating in India’s primary electronic payment networks.
Contact Information
For any direct queries, you can reach out to the branch or the head office.
MUNGIA Branch
Phone: 9771464116
Address: MUNGIA, Aurangabad, Bihar – 824301
Head Office
Address: Shri Vishnu Commercial Complex, Asochak, Patna, Bihar – 800030
Toll-Free Number: 18001807777
Frequently Asked Questions
Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
The first four characters of an IFSC code represent the sponsor bank. Since Punjab National Bank (PNB) is the sponsor for Bihar Gramin Bank after the merger, the IFSC code begins with ‘PUNB’.
Is my old Dakshin Bihar Gramin Bank IFSC code for the MUNGIA branch still valid?
No. After the merger of Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank, all old IFSC codes were deactivated. You must use the new code, PUNB0MBGB06, for all transactions to this branch.
What happens if I enter the wrong IFSC code?
If the IFSC code you enter does not exist, the transaction will be rejected, and the money will be credited back to your account. However, if you enter a valid IFSC code for a different branch, the funds might be misdirected. It is always best to verify the code before confirming a transaction.
Can I use the same IFSC code for all Bihar Gramin Bank branches?
No. While the first part of the code (‘PUNB0’) may be common, the last six characters are unique to each branch. The code PUNB0MBGB06 is exclusively for the MUNGIA branch.
Do I need an IFSC code for UPI transactions?
No, you do not need an IFSC code for standard UPI payments made through a VPA (Virtual Payment Address). However, the IFSC code is required if you are adding a beneficiary’s bank account details directly within your UPI app for a transfer.
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.