Bihar Gramin Bank Matihani IFSC Code

Bihar Gramin Bank Matihani IFSC Code

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Matihani is a town in Begusarai district of Bihar. This article covers the Bihar Gramin Bank branch at Matihani and its key banking identifiers. The IFSC code is essential for electronic fund transfers such as NEFT, RTGS and IMPS. It tells the sending bank which bank and which branch should receive the funds. Using the correct IFSC avoids delays and failed transfers.

Branch Details

  • Bank Name: Bihar Gramin Bank
  • Branch Name: Matihani
  • IFSC Code: PUNB0MBGB06
  • MICR Code: 800811002
  • Branch Code: 3838
  • Branch Address: Matihani, Begusarai, 853112
  • Contact Number: 8102926329
  • City: Begusarai
  • District: Begusarai
  • Reason: BEGUSARAI
  • Pincode: 853112
  • State: Bihar

Merger Update

Bihar Gramin Bank is the consolidated rural bank resulting from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), sponsored by Punjab National Bank. After the merger, all branches use the single IFSC code PUNB0MBGB06 under Punjab National Bank for electronic transactions.

Important: Old IFSC codes issued to UBGB or DBGB have been revoked. Only the new IFSC code PUNB0MBGB06 is valid for NEFT, RTGS and IMPS transfers. Using old codes can cause failures or rejection of the transaction.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify bank branches in electronic payments.

  • First 4 characters: Alphabetic bank identifier (for example, PUNB = Punjab National Bank).
  • 5th character: Always zero (0). It is reserved for future use.
  • Last 6 characters: Branch identifier (alphanumeric). For Matihani the last six are MBGB06, making the full code PUNB0MBGB06.

How to Use IFSC Code

  1. Open your bank’s netbanking or mobile banking app and choose “Funds Transfer” or “Add Beneficiary”.
  2. Enter beneficiary name exactly as in their bank account record.
  3. Provide the beneficiary account number and the IFSC code PUNB0MBGB06 for Bihar Gramin Bank, Matihani branch.
  4. Verify the branch name and MICR (if shown). The MICR for Matihani is 800811002.
  5. Confirm details and complete any OTP or authentication step required by your bank.
  6. Choose transfer mode: NEFT (no minimum, batch-based), RTGS (usually for ₹2,00,000 and above; real time), or IMPS (instant, 24×7, limits depend on bank).
  7. After transfer, retain the transaction reference number. Check beneficiary account credit status; contact the sending bank with reference if funds are not credited within expected time.

Benefits of Knowing the IFSC

  • Ensures funds go to the correct branch and account. The IFSC pinpoints the exact branch.
  • Speeds up digital transfers via NEFT, RTGS and IMPS.
  • Reduces errors. Entering the right IFSC lowers chances of failed transfers.
  • Required for adding beneficiaries in netbanking and mobile apps.
  • Useful for setting up electronic mandates, salary credits, and vendor payments.

Contact

Branch Phone No: 8102926329

Branch Address: Matihani, Begusarai, 853112

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

Toll Free No: 18001807777

FAQs

  • Q: Where can I find the IFSC for Matihani branch?

    A: Use the IFSC PUNB0MBGB06. It appears on cheque leaves, passbooks and bank statements for the Matihani branch.
  • Q: Is IFSC case-sensitive?

    A: No. Banks treat the IFSC as case-insensitive. But enter it correctly without spaces for safety.
  • Q: Can I use the Matihani IFSC for UPI transfers?

    A: UPI uses Virtual Payment Addresses (VPAs) and does not require IFSC for most transactions. IFSC is required when adding a beneficiary by account number in bank apps, not for typical UPI peer-to-peer payments.
  • Q: What happens if I use an old UBGB or DBGB IFSC?

    A: Old UBGB/DBGB IFSC codes are revoked. Transactions using revoked codes will likely fail or be rejected. Always use the current code PUNB0MBGB06.
  • Q: How long do NEFT, RTGS and IMPS transfers take to reach Matihani branch?

    A: IMPS is instant and available 24×7. NEFT is processed in hourly or half-hourly batches (timings depend on the RBI schedule and the sending bank). RTGS is real-time for high-value payments (generally for amounts ₹2,00,000 and above) during RTGS service hours. If a transfer is delayed, contact the sending bank with the transaction reference number.

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