The Machhaita branch of Bihar Gramin Bank is located in the Darbhanga district of Bihar. For anyone looking to send or receive money through online banking, understanding the branch’s Indian Financial System Code (IFSC) is essential. This unique 11-character code acts like a specific address for the bank branch, ensuring that funds transferred via National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), or Immediate Payment Service (IMPS) reach their intended destination without errors or delays.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Machhaita |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | Machhaita, DARBHANGA, 847407 |
| Contact Number | 9297955120 |
| City | DARBHANGA |
| District | DARBHANGA |
| State | Bihar |
| Pincode | 847407 |
Important Merger Update
Previously, Bihar was served by two separate regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged to form a single entity, now known as Bihar Gramin Bank. This new 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 are now invalid. For any online transaction to the Machhaita branch, you must use the new IFSC code: PUNB0MBGB06. Using an old, revoked code will cause the transaction to fail. The “PUNB” prefix in the new code signifies the sponsorship by Punjab National Bank.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the country’s electronic funds transfer network. Its structure is designed for easy identification.
Let’s break down the IFSC code for the Machhaita branch, PUNB0MBGB06:
- PUNB: The first four letters represent the bank’s name. In this case, it stands for Punjab National Bank, the sponsor bank.
- 0: The fifth character is always a zero. It is reserved for future use.
- MBGB06: The last six characters identify the specific branch. This part of the code is unique to the Machhaita branch of Bihar Gramin Bank.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for an online money transfer is a straightforward process. Whether you are using a mobile banking app or an internet banking portal, the steps are generally the same.
- Log in to your net banking or mobile banking application.
- Navigate to the “Fund Transfer” section and choose your preferred method (NEFT, RTGS, or IMPS).
- Select the option to “Add a New Beneficiary” or “Add Payee.”
- You will be prompted to enter the recipient’s details. This is where you input the beneficiary’s name, bank account number, and the IFSC code: PUNB0MBGB06.
- Double-check all the details for accuracy and confirm the addition. Once the beneficiary is added, you can initiate the fund transfer.
Benefits of Using the Correct IFSC Code
- Ensures Accuracy: The code directs your money to the exact bank and branch, eliminating the risk of it being sent to the wrong location.
- Prevents Failures: Using the correct and updated IFSC code prevents transaction rejections and delays.
- Enables Automation: The code allows for the automated processing of transactions, making transfers faster and more efficient.
- Universal Requirement: It is a mandatory requirement for all major online fund transfer systems in India, including NEFT, RTGS, and IMPS.
Contact Information
For direct assistance, you can contact the branch or the bank’s head office.
- Branch Phone Number: 9297955120
- Branch Address: Machhaita, Darbhanga, Bihar – 847407
- Head Office Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
- Toll-Free Number: 1800-180-7777
Frequently Asked Questions
Can I still use my old Uttar Bihar Gramin Bank (UBGB) IFSC code?
No. After the merger, all old IFSC codes from UBGB and DBGB have been discontinued. You must use the new PNB-sponsored IFSC code, PUNB0MBGB06, for all transactions to the Machhaita branch.
What happens if I enter the wrong IFSC code?
If the IFSC code you enter does not exist, the transaction will be rejected immediately. If it corresponds to another branch, the funds might be misdirected, leading to delays. The amount is usually reversed to your account within a few working days, but it is best to ensure accuracy to avoid this hassle.
Is the IFSC code the same for all branches of Bihar Gramin Bank?
No. While the first four letters (PUNB) will be the same for all branches under the new system, the last six characters are unique to each specific branch.
Where can I find the official IFSC code for my branch?
You can find the correct IFSC code printed on your bank-issued chequebook and passbook. It is also available on the official website of Bihar Gramin Bank or the RBI’s website.
What is the difference between an IFSC code and a MICR code?
An IFSC code is used for online fund transfers like NEFT and RTGS. A MICR (Magnetic Ink Character Recognition) code is a 9-digit code used primarily for processing physical cheques more efficiently.
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.