Baksara is a village branch of Bihar Gramin Bank located in Buxar district of Bihar (PIN 802123). This branch serves local residents and small businesses in and around Baksara, Buxar. For electronic fund transfers — NEFT, RTGS and IMPS — the IFSC code identifies the bank and branch precisely. Providing the correct IFSC ensures money reaches the intended account without delay or reversal.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
|---|---|
| Branch Name | BAKSARA |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 6949 |
| Branch Address | BAKSARA, Buxar, 802123, 7091596949 |
| Contact Number | 7091596949 |
| City | Buxar |
| District | Buxar |
| Reason | BHABHUA |
| Pincode | 802123 |
| State | Bihar |
Merger Update
The Bihar Gramin Bank branches that previously operated under the names Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been consolidated and now operate under Punjab National Bank’s IFSC mapping. For these branches the single, active IFSC code is PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked and will not work for NEFT/RTGS/IMPS. Always use the new IFSC PUNB0MBGB06 for transactions to and from these merged branches.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to route electronic payments to bank branches. The structure is fixed:
- First 4 characters: Bank identifier. Example: PUNB = Punjab National Bank.
- 5th character: Always the numeral 0 (reserved).
- Last 6 characters: Branch identifier. Example: MBGB06 in PUNB0MBGB06 identifies the specific merged Bihar Gramin Bank branch mapping.
How to Use IFSC Code (NEFT, RTGS, IMPS)
- Log in to your bank’s netbanking or mobile banking app (or visit a bank branch if you prefer).
- Choose the transfer type: NEFT, RTGS or IMPS. IMPS and NEFT are usually available 24×7; RTGS can be used for larger value transfers — confirm limits with your bank.
- Add a beneficiary by entering: beneficiary name, account number, and IFSC code PUNB0MBGB06. Double-check spelling and numbers.
- Verify beneficiary details after you add them. The bank will usually show the beneficiary bank/branch name before you confirm.
- Initiate the transfer: enter amount, remarks (optional), and authenticate using OTP or transaction password as required.
- Save the UTR or transaction reference for tracking. If a mistake is made, contact your bank immediately with the UTR.
Benefits of Knowing the IFSC
- Ensures accurate routing of NEFT/RTGS/IMPS transfers to the correct branch.
- Speeds up settlement and reduces the chance of failed or returned payments.
- Helps merchants, suppliers and payroll teams automate vendor and salary payments.
- Makes reconciliation straightforward by matching bank branch codes and UTRs.
- Necessary for opening electronic fund transfer mandates and linking accounts for online services.
Contact
Branch phone no: 7091596949
Branch Address: BAKSARA, Buxar, 802123, Bihar
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
- Q: Is PUNB0MBGB06 the only valid IFSC for this branch?
A: Yes. After the merger, the active IFSC for the merged Bihar Gramin Bank branches is PUNB0MBGB06. Old UBGB or DBGB IFSCs have been revoked.
- Q: What happens if I enter the wrong IFSC?
A: If the wrong IFSC points to a different branch but an existing account number, the transfer may go to that other account — recovery then requires cooperation between the banks and can take time. If the IFSC is invalid, the transaction will usually be rejected and funds returned. Always verify beneficiary details before confirming.
- Q: How is IFSC different from MICR?
A: IFSC (11 characters) is used for electronic transfers (NEFT/RTGS/IMPS). MICR (9-digit code, here 800811002) is for cheque processing and clearing through the banking network. Both identify branches but serve different systems.
- Q: Is the branch code the same as the last six characters of the IFSC?
A: Not necessarily. The branch code 6949 is the bank’s internal numeric code for the branch. The last six characters of IFSC (MBGB06 in this case) are an alphanumeric branch identifier used in electronic systems. Both identify branches in different contexts.
- Q: How can I confirm the IFSC before making a payment?
A: Confirm the IFSC from the beneficiary’s cheque leaf, account passbook, or by calling the branch at 7091596949. Also check that the beneficiary name and account number shown by your bank match before you approve the 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.