The Muraitha branch of Bihar Gramin Bank is located in the Darbhanga district of Bihar. For anyone looking to send or receive money online to an account at this branch, the Indian Financial System Code (IFSC) is essential. This unique 11-character code identifies the specific bank branch involved in digital transactions, ensuring that funds transferred through systems like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are routed correctly and securely.
Branch Details for Muraitha, Bihar Gramin Bank
| Bank Name | Bihar Gramin Bank |
| Branch Name | Muraitha |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100450 |
| Branch Address | Muraitha, DARBHANGA, 847304, 9297955130 |
| Contact Number | 9297955130 |
| City | DARBHANGA |
| District | DARBHANGA |
| Reason | DARBHANGA |
| Pincode | 847304 |
| State | Bihar |
Merger Update: A Key Change for Customers
It is important for all customers to know 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 this amalgamation, Punjab National Bank (PNB) became the sponsor bank. As a result, all old IFSC codes belonging to UBGB and DBGB have been revoked and are no longer valid. For any online transaction, you must use the new IFSC code, which starts with ‘PUNB’. Using an old code will cause the transaction to fail.
Understanding the IFSC Code
The IFSC code is a unique 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch. Its structure is designed for easy identification in electronic fund transfers. Let’s break down the IFSC code for the Muraitha branch, PUNB0MBGB06:
- PUNB: The first four letters represent the sponsor bank, which is Punjab National Bank.
- 0: The fifth character is always a zero. It is reserved for future regulatory use.
- MBGB06: The last six characters are unique to the specific branch. In this case, ‘MBGB06’ identifies the Muraitha branch of Bihar Gramin Bank.
Using the IFSC Code for Fund Transfers
Whether you are using a mobile banking app or an internet banking portal, the process for transferring funds is similar. You will need the recipient’s IFSC code to add them as a beneficiary before you can send money.
- Log in to your internet or mobile banking account.
- Navigate to the ‘Fund Transfer’ section and select ‘Add Beneficiary’ or ‘Add Payee’.
- Enter the recipient’s details: their name, account number, and the bank name.
- You will be prompted to enter the IFSC code of the recipient’s branch. For the Muraitha branch, you would enter PUNB0MBGB06.
- After verifying the details, confirm the addition. Once the beneficiary is added, you can transfer funds using NEFT, RTGS, or IMPS.
Why the Correct IFSC Code Matters
- Accurate Routing: It ensures your money is sent to the exact bank branch and account you intend, eliminating errors.
- Prevents Failures: Using the correct code prevents transaction delays, rejections, or the money being sent to the wrong account.
- Transaction Security: The IFSC system adds a layer of verification, making electronic fund transfers more secure and reliable.
- Mandatory Requirement: It is a non-negotiable requirement for all major Indian electronic payment systems, including NEFT, RTGS, and IMPS.
Contact the Branch or Head Office
For any specific queries, you can reach out directly to the branch or the bank’s head office.
Muraitha Branch
Phone: 9297955130
Address: Muraitha, DARBHANGA, 847304, BIHAR
Bihar Gramin Bank Head Office
Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll-Free Number: 18001807777
Frequently Asked Questions
What happens if I use an old IFSC code from Uttar or Dakshin Bihar Gramin Bank?
Your transaction will be rejected. The old codes are no longer in service following the merger. You must use the new IFSC code starting with ‘PUNB’ for all Bihar Gramin Bank branches.
Is PUNB0MBGB06 the IFSC code for all Bihar Gramin Bank branches?
No. This code is unique to the Muraitha branch. While the first five characters (PUNB0) might be common for many branches under the sponsor bank’s new system, the last six characters are always different for each branch.
Why does the IFSC code for Bihar Gramin Bank start with ‘PUNB’?
It starts with ‘PUNB’ because Punjab National Bank is the sponsor bank for Bihar Gramin Bank. The IFSC codes are structured to reflect the parent or sponsor bank.
Can I receive international payments using this IFSC code?
No. The IFSC code is used only for domestic fund transfers within India. For receiving money from another country, you will need a SWIFT code. Please contact the branch directly to get the correct SWIFT code and other necessary details.
Do I need to update the IFSC code for existing beneficiaries?
Yes. If you have saved beneficiaries who have accounts in any Bihar Gramin Bank branch, you must update their details with the new IFSC code to ensure future transactions are processed smoothly.
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.