The Pahsara branch of Bihar Gramin Bank is located in the Begusarai district of Bihar. For anyone looking to send or receive money online through this branch, understanding its Indian Financial System Code (IFSC) is essential. This unique 11-character code acts as a specific address for the branch within India’s electronic payment network. It ensures that funds transferred via systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) reach the correct bank account without any errors.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Pahsara |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 3817 |
| Branch Address | Pahsara, Begusarai, 851131, 8102918659 |
| Contact Number | 8102918659 |
| City | Begusarai |
| District | Begusarai |
| Reason | BEGUSARAI |
| Pincode | 851131 |
| State | Bihar |
Merger Update: UBGB and DBGB
It is important to note that Bihar Gramin Bank was formed by the merger of two former regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). After the amalgamation, the bank is sponsored by Punjab National Bank (PNB). As a result of this merger, all old IFSC codes belonging to the former UBGB and DBGB branches have been revoked and are no longer valid for transactions. All branches, including Pahsara, now operate under a new, unified IFSC code system. For any fund transfers, you must use the new IFSC code, which is PUNB0MBGB06 for this branch.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code that uniquely identifies a bank branch participating in the NEFT system. The code is structured to provide specific information about the bank and its branch.
Let’s break down the IFSC code for the Pahsara branch, PUNB0MBGB06:
- PUNB: The first four letters represent the name of the bank. In this case, it signifies Punjab National Bank, the sponsor bank for Bihar Gramin Bank.
- 0: The fifth character is always a zero. It is reserved for future use by the Reserve Bank of India.
- MBGB06: The last six characters form the branch identifier. This part of the code points specifically to the Pahsara branch.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for online banking is straightforward. Whether you are using a mobile banking app or a web portal, the steps are generally the same for NEFT, RTGS, or IMPS transactions.
1. Add Beneficiary Details: Log in to your net banking account and navigate to the fund transfer section. You will need to add the recipient (beneficiary) by providing their name, bank account number, and account type.
2. Enter the IFSC Code: In the beneficiary addition form, you will find a field for the IFSC code. Here, you must enter PUNB0MBGB06 to direct the funds to the Bihar Gramin Bank, Pahsara branch.
3. Verify and Confirm: Double-check all the details, especially the account number and IFSC code. Once confirmed, you can proceed to enter the amount and complete the transaction using your password or OTP.
Why the IFSC Code is Important
- Accurate Routing: The primary benefit of the IFSC code is that it guarantees your money is sent to the exact branch and account you intend.
- Error Prevention: It eliminates the possibility of funds being misdirected due to similar branch names or locations.
- Enables Digital Payments: The code is the backbone of all major online fund transfer systems in India, including NEFT, RTGS, and IMPS.
- Faster Processing: By automating the identification process, IFSC codes help in faster settlement of transactions.
Contact Information
For any direct inquiries or assistance, you can reach out to the branch or the bank’s head office.
Branch Contact:
Phone Number: 8102918659
Address: Pahsara, Begusarai, Bihar – 851131
Head Office:
Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
Toll-Free Number: 18001807777
Frequently Asked Questions
1. Can I still use my old Dakshin Bihar Gramin Bank (DBGB) IFSC code?
No. After the merger, all old IFSC codes from both Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank are invalid. You must use the new IFSC code starting with ‘PUNB’.
2. What is a MICR code?
MICR stands for Magnetic Ink Character Recognition. The MICR code for this branch is 800811002. It is a 9-digit code primarily used for the faster processing of cheques.
3. Is the IFSC code the same for all branches of Bihar Gramin Bank?
No. While the first few characters (PUNB0MBGB) might be common across many branches, the last part of the code is unique to each specific branch. Always use the code designated for the branch you are transacting with, which is PUNB0MBGB06 for Pahsara.
4. Where can I find the IFSC code on my bank’s chequebook?
The IFSC code is typically printed on the top of each cheque leaf, usually near the branch address details. It is also mentioned on the first page of your passbook.
5. What is the difference between NEFT and RTGS?
NEFT (National Electronic Funds Transfer) processes transactions in hourly batches and is suitable for transfers of any amount. RTGS (Real-Time Gross Settlement) is used for high-value transactions (typically above ₹2 lakh) and settles payments individually and in real-time.
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.