Bihar Gramin Bank Malhipur IFSC Code

The Malhipur branch of Bihar Gramin Bank serves customers in Malhipur village and the wider Begusarai district in Bihar (PIN 851116). For anyone sending or receiving bank transfers — NEFT, RTGS or IMPS — the correct IFSC is essential. The IFSC identifies the bank and branch for electronic transfers and ensures funds route to the intended account without delay.

Branch Details

Merger Update

This branch now uses the single IFSC PUNB0MBGB06 under Punjab National Bank. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been integrated and their legacy IFSC codes were revoked. Do not use old UBGB or DBGB IFSC codes. Only the new IFSC PUNB0MBGB06 is valid for NEFT, RTGS and IMPS transfers to this branch.

What is IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code that uniquely identifies a bank branch for electronic payments.

• First 4 characters — Bank identifier (example: PUNB = Punjab National Bank).
• 5th character — Reserved and is 0 (zero) by standard convention.
• Last 6 characters — Branch identifier (alphanumeric) that points to the exact branch. In this case: MBGB06.
• Example: PUNB0MBGB06 breaks down as PUNB | 0 | MBGB06.

How to Use IFSC Code

• Open your bank’s internet banking or mobile app and choose the fund transfer option (NEFT, RTGS or IMPS).
• Select the transfer type. NEFT for routine transfers, RTGS for high-value transfers, IMPS for instant 24×7 transfers (bank limits apply).
• Enter beneficiary name and account number exactly as provided by the recipient.
• Enter the IFSC: PUNB0MBGB06. Verify characters carefully; IFSC is case-insensitive but must be correct.
• Enter amount and any required narration. Confirm the details and authenticate (OTP or other method your bank uses).
• Save the beneficiary if you will send money again. Always re-check IFSC for first-time beneficiaries.

Benefits of Knowing the IFSC

• Ensures funds reach the correct bank branch for NEFT, RTGS and IMPS transfers.
• Reduces failed or delayed transfers caused by incorrect routing.
• Needed when linking bank accounts in apps or setting up electronic mandates.
• Helps customer support trace transactions using bank and branch identifiers.
• Required for filling bank details on forms and for inward remittance paperwork.

Contact

Branch phone no: 8102926321

Branch Address: Malhipur, Begusarai, 851116

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free: 18001807777

FAQs

• Q: Can I use an old UBGB or DBGB IFSC to send money?

  A: No. The old UBGB/DBGB IFSC codes have been revoked after the merger. Use PUNB0MBGB06 for transfers to Malhipur branch.

• Q: What if I enter the wrong IFSC?

  A: If the IFSC points to a different branch within the same bank, the funds may reach a wrong account and need tracing. If the IFSC is invalid, the transfer will typically fail and funds will be returned to the sender. Contact your bank immediately to start tracing or reversal.

• Q: Is IFSC the same as MICR?

  A: No. IFSC is used for electronic transfers. MICR (here 800811002) is used for cheque clearing and is a different code set.

• Q: Where can I verify this IFSC before making a transfer?

  A: Verify from the beneficiary’s bank passbook, cheque leaf, branch letterhead, or by calling the branch at 8102926321. Confirm PUNB0MBGB06 before the first transfer.

• Q: Does UPI require IFSC?

  A: UPI payments between virtual payment addresses do not need IFSC. However, when adding or seeding a bank account for some apps or for settling payouts, IFSC may be required.

Kriti Kumari

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.