Raiyam Ranway is a branch location in Darbhanga district of Bihar (PIN 847121). This branch operates under Bihar Gramin Bank and serves local residents and businesses for deposits, withdrawals, and electronic transfers. For sending money via NEFT, RTGS, or IMPS you must use the correct IFSC code. The IFSC routes electronic payments between banks and branches. A wrong or missing IFSC can delay a transfer or cause the payment to be returned.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Raiyam Ranway |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100421 |
| Branch Address | Raiyam Ranway, DARBHANGA, 847121, 9297955147 |
| Contact Number | 9297955147 |
| City | DARBHANGA |
| District | DARBHANGA |
| Reason | DARBHANGA |
| Pincode | 847121 |
| State | Bihar |
Merger Update
Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged operationally under Punjab National Bank. As part of that re-mapping, the merged rural-bank branches now use a single IFSC code: PUNB0MBGB06. Old UBGB IFSC codes are revoked and should not be used. For electronic transfers, always use the new IFSC PUNB0MBGB06. Using an old UBGB or DBGB IFSC can result in rejection or delay of the payment.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies a bank branch for electronic transfers. The structure is fixed:
- First 4 characters: bank code (alphabetic). Example: PUNB = Punjab National Bank.
- 5th character: always the numeral 0 (reserved).
- Last 6 characters: branch identifier (alphanumeric). Example: MBGB06 in PUNB0MBGB06.
So PUNB0MBGB06 splits as PUNB | 0 | MBGB06. The IFSC is used only for electronic fund transfers (NEFT, RTGS, IMPS). It is not the same as MICR, which is used for cheque clearing.
How to Use IFSC Code
- Open your bank’s netbanking or mobile app, or visit an ATM branch if supported.
- Choose “Add beneficiary” or “Manage beneficiaries”.
- Enter beneficiary name exactly as on the account. Enter the account number. Enter the IFSC: PUNB0MBGB06 for Raiyam Ranway.
- Save the beneficiary. Your bank will usually do a verification step (small-authorisation debit or OTP) before activation.
- Once beneficiary is active, choose transfer type: NEFT, RTGS or IMPS. Select the saved beneficiary and amount.
- Confirm details and complete authentication (OTP, token or netbanking password). Note that banks may apply limits or charges per mode.
- Always double-check the IFSC and account number before authorising. If you are unsure, call the branch at 9297955147 to confirm.
Benefits of Knowing the IFSC
- Ensures accurate routing of NEFT, RTGS and IMPS transactions to the correct branch.
- Prevents delays or returns caused by incorrect branch details.
- Simplifies adding beneficiaries for repeat payments like salaries or vendor payments.
- Helps verify branch identity when reconciling bank records (compare IFSC with MICR and branch code).
- Aids faster troubleshooting; you can give the IFSC to customer support to trace a transaction.
Contact
Branch phone: 9297955147
Branch address: Raiyam Ranway, DARBHANGA, 847121
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the correct IFSC for all Bihar Gramin Bank branches after the merger?
A: For merged branches that previously belonged to UBGB or DBGB, the operational IFSC has been re-mapped to PUNB0MBGB06. However, always confirm for the specific branch before transferring. Raiyam Ranway uses PUNB0MBGB06.
Q: What happens if I use the old UBGB IFSC?
A: Old UBGB IFSC codes have been revoked. Using them can cause the transfer to be rejected or delayed. Banks will typically return the funds to the origin account after verification.
Q: Is IFSC the same as MICR?
A: No. IFSC is for electronic transfers. MICR (Magnetic Ink Character Recognition) is used for cheque clearing. For Raiyam Ranway, MICR is 800811002.
Q: Can a transfer still succeed if the IFSC is wrong but account number is correct?
A: Banks rely on both IFSC and account number. If the IFSC points to a different bank or branch, the transfer may be routed incorrectly or returned. Some banks use account number validation to prevent mismatches, but you should not rely on that. Always use the correct IFSC.
Q: How do I verify the IFSC before making a payment?
A: Confirm the IFSC from an official bank document (cheque leaf or passbook), call the branch at 9297955147, or use your bank’s beneficiary-add screen which often provides a validation step. For Raiyam Ranway use PUNB0MBGB06.
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.