Bihar Gramin Bank Pratapnagar IFSC Code

Pratapnagar is a locality in Bhagalpur district, Bihar (PIN 853201). This article lists the IFSC and branch details for Bihar Gramin Bank, Pratapnagar, and explains how to use the IFSC for digital fund transfers. The IFSC code is essential for NEFT, RTGS and IMPS transfers because it uniquely identifies the bank and branch on the payment network. Entering the correct IFSC ensures funds are routed to the right branch and reduces failed or delayed transactions.

Branch Details

Merger Update

Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been reorganized under a single structure that now uses the IFSC code PUNB0MBGB06 under Punjab National Bank for transactions. If you previously used a UBGB or DBGB IFSC, those old IFSC codes are revoked. For NEFT/RTGS/IMPS and beneficiary setup, use only the new IFSC PUNB0MBGB06. Using revoked or old IFSCs can cause failed transfers or delays.

What is IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify a specific bank branch in electronic payment systems. The structure is:

• First 4 characters: Alphabetic — bank identifier (for example PUNB = Punjab National Bank).
• 5th character: Always the numeric zero (0) — reserved for future use.
• Last 6 characters: Alphanumeric — branch identifier (for example MBGB06 in PUNB0MBGB06).

Example: In PUNB0MBGB06, PUNB identifies the bank, 0 is reserved, and MBGB06 points to the specific branch code.

How to Use IFSC Code for NEFT, RTGS, IMPS

• Open your bank’s netbanking or mobile banking app. Choose the transfer type: NEFT, RTGS or IMPS. (IMPS is instant, NEFT processes in batches, RTGS is for high-value immediate transfers.)
• Select “Add Beneficiary” or “New Payee.” Enter beneficiary name exactly as in their bank account records.
• Enter the beneficiary account number and the IFSC code PUNB0MBGB06. Double-check the IFSC; a single wrong character routes the payment elsewhere or causes failure.
• Provide additional required details (account type, branch name — Pratapnagar, Bhagalpur) and save the beneficiary. Some banks require OTP or a cooling period before you can transfer to a newly added beneficiary.
• Initiate the transfer, enter the amount and purpose, confirm with OTP or transaction PIN. Note NEFT settlements occur in hourly batches (or as per your bank), RTGS is real-time during business hours, IMPS is 24×7 instant.
• After transfer, save the UTR/reference number. Use it for tracking or to raise disputes if needed.

Benefits of Knowing the IFSC

• Accurate routing: Ensures funds go to the correct branch and account.
• Faster settlement: Correct IFSC reduces delays and failed transactions.
• Essential for beneficiary setup: Banks require IFSC to add payees for NEFT/RTGS/IMPS.
• Useful for verification: You can confirm branch identity (city, district) before sending funds.
• Reduces reconciliation work: Businesses and accountants match transactions easily using IFSC and branch codes.

Contact

Branch Phone: 8102928362

Branch Address: Pratapnagar, Bhagalpur, 853201

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

Toll Free: 18001807777

FAQs

• Q: Can I use the MICR code instead of IFSC for NEFT/RTGS/IMPS?

  A: No. MICR (Magnetic Ink Character Recognition) helps cheque clearing and is not used for electronic transfers. For NEFT/RTGS/IMPS you must use the IFSC code.

• Q: What happens if I enter a wrong IFSC?

  A: If the wrong IFSC points to an existing branch, funds may go to another branch/account and recovery will require assistance from both banks. If the IFSC is invalid, the transaction will fail and funds will be returned to your account. Always verify before confirming.

• Q: Are old UBGB or DBGB IFSC codes still valid?

  A: No. Old UBGB and DBGB IFSCs have been revoked after the reorganization. Use the current IFSC PUNB0MBGB06 for all transactions related to these branches under Punjab National Bank.

• Q: How quickly will funds be credited to the beneficiary at Pratapnagar branch?

  A: IMPS is instant (24×7). RTGS is real-time during bank hours for high-value transfers. NEFT is processed in settlement batches; timing depends on the origin bank’s batch schedule. Always check with your bank for exact cut-off times.

• Q: Do I need the branch address to add a beneficiary?

  A: Most banks accept only the account number, beneficiary name and IFSC to add a payee. Including the branch address helps verification but is usually optional. For bulk or corporate transfers, full branch details are often 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.