The Kotwa Bazar branch of Bihar Gramin Bank is located in East Champaran district of Bihar (Pin code 845437). The IFSC code is essential for electronic fund transfers such as NEFT, RTGS and IMPS. Banks use the IFSC to route payments to the exact branch. Entering the correct IFSC prevents delays, failed transfers or funds going to the wrong branch.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Kotwa Bazar |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100204 |
| Branch Address | Kotwa Bazar, EAST CHAMPARAN, 845437, 9297954658 |
| Contact Number | 9297954658 |
| City | EAST CHAMPARAN |
| District | EAST CHAMPARAN |
| Reason | MOTIHARI |
| Pincode | 845437 |
| State | Bihar |
Merger Update
Important: The Kotwa Bazar branch operates under the consolidated setup after the merger of regional gramin banks. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged into a single sponsor arrangement under Punjab National Bank. The current and only valid IFSC for this branch is PUNB0MBGB06. Old IFSC codes associated with UBGB or DBGB have been revoked. Use PUNB0MBGB06 for all NEFT, RTGS and IMPS transactions to avoid failures.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character code used to identify bank branches in electronic payment systems.
- First 4 characters: Bank identifier (alphabetic). Example: PUNB = Punjab National Bank.
- 5th character: Always 0 (reserved for future use).
- Last 6 characters: Branch identifier (alphanumeric). Example: MBGB06 in PUNB0MBGB06.
How to Use IFSC Code
Follow these steps when making a transfer:
- Open your bank’s internet banking or mobile app and go to the fund transfer section.
- Choose the transfer type: NEFT, RTGS or IMPS. (NEFT/IMPS are typically available 24×7; check with your bank for RTGS availability and limits.)
- Add a new beneficiary by entering the beneficiary name, account number and IFSC: PUNB0MBGB06.
- Verify beneficiary details and save. Most banks require beneficiary confirmation (instant or after a cooling period).
- Initiate the transfer: select saved beneficiary, enter amount and purpose, then authorize with OTP or transaction PIN.
- Keep the transaction reference number until the beneficiary confirms receipt.
Note: Confirm your bank’s transaction limits, cut-off times and charges before initiating large transfers.
Benefits of Knowing IFSC
- Ensures funds are routed to the exact branch and account.
- Reduces the risk of transfer delays or rejection.
- Required for adding beneficiaries for NEFT, RTGS and IMPS.
- Helps customer support trace transactions quickly using IFSC and branch code.
- Useful for bulk payments and automated payroll where precise branch identification is needed.
Contact
Branch phone no: 9297954658
Branch Address: Kotwa Bazar, EAST CHAMPARAN, 845437
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only IFSC I should use for Kotwa Bazar?
A: Yes. PUNB0MBGB06 is the valid IFSC for this branch after the merger. Old UBGB/DBGB IFSCs are revoked and should not be used.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC and account number do not match a valid branch-account combination, the transaction will typically fail and the amount will be returned to your account. If the wrong IFSC routes to a different valid branch with a similar account number, you must contact your bank immediately to trace and recover funds. Recovery can be time-consuming.
Q: Which is faster — NEFT, RTGS or IMPS?
A: IMPS is instant and available 24×7 for small to medium transfers. NEFT settlements are continuous 24×7 but may have batch/processing specifics per bank. RTGS processes high-value payments and may be preferred for larger amounts. Check your bank’s rules for cut-offs and fees.
Q: How do I verify the IFSC before making a transfer?
A: Confirm IFSC from a bank cheque leaf, bank passbook, the branch, or the bank’s official customer service. For this branch, verify that the IFSC shown is PUNB0MBGB06 and that the bank name is Punjab National Bank (sponsor bank) listing Bihar Gramin Bank branch details.
Q: Are there charges for NEFT/RTGS/IMPS?
A: Banks may levy nominal charges depending on transfer type, amount and channel (branch vs. netbanking). Charges vary by bank and account type. Check with your bank or the toll-free number 18001807777 for the exact fee schedule.
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.