Chhapwa Bazar branch of Bihar Gramin Bank is located in East Champaran district of Bihar (Pincode: 845456). This branch serves local residents and businesses in and around Motihari. The IFSC code is essential for electronic fund transfers—NEFT, RTGS and IMPS all require a correct IFSC to route money to the right bank branch. Using the right IFSC avoids failed transfers, delays and manual intervention.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | Chhapwa Bazar |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100238 |
| Branch Address | Chhapwa Bazar, EAST CHAMPARAN, 845456, 9297954673 |
| Contact Number | 9297954673 |
| City | EAST CHAMPARAN |
| District | EAST CHAMPARAN |
| Reason | MOTIHARI |
| Pincode | 845456 |
| State | Bihar |
Merger Update
Note on mergers: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into Punjab National Bank operations for their regional branches. The Chhapwa Bazar branch now uses the single IFSC PUNB0MBGB06 under Punjab National Bank. Old IFSC codes issued to UBGB or DBGB are revoked and should not be used. Update any saved beneficiaries or standing instructions with the new IFSC. Transactions using old UBGB/DBGB IFSCs will fail or be returned.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify bank branches in electronic payment systems.
- First 4 characters: Bank identifier. Example: PUNB = Punjab National Bank.
- 5th character: Reserved and is usually 0.
- Last 6 characters: Branch identifier. This can be numeric or alphanumeric and uniquely identifies the branch.
Example: For PUNB0MBGB06, PUNB = bank, 0 = reserved, MBGB06 = branch code. IFSC is case-insensitive but should be entered without spaces.
How to Use IFSC Code
Use the IFSC whenever you send money to a bank account via NEFT, RTGS or IMPS. Steps differ slightly between online and offline methods.
- Internet banking / mobile app:
- Log in to your bank’s portal or app.
- Go to Payments / Funds Transfer / Add Beneficiary.
- Enter beneficiary name, account number, account type and IFSC: PUNB0MBGB06.
- Select transfer method (NEFT/RTGS/IMPS) and save beneficiary after OTP or approval.
- Initiate the transfer and note the transaction reference for tracking.
- At a bank branch: Fill the remittance form. Write the beneficiary account number and IFSC (PUNB0MBGB06) clearly in the designated fields. Bank staff will process NEFT/RTGS/IMPS accordingly.
- Double-check: Always verify the IFSC and account number before confirming. A wrong IFSC can route funds to the wrong branch or cause rejections.
- Processing differences: NEFT is batch-based, RTGS is for larger-value transfers (used for high-value transactions), and IMPS is instant and available 24×7 for retail amounts. Check your bank’s cut-off times and charges.
Benefits of Knowing the IFSC
- Enables safe electronic transfers (NEFT, RTGS, IMPS) to the exact branch.
- Prevents delays and returned transactions caused by incorrect routing.
- Required to add beneficiaries in internet and mobile banking.
- Useful for inward remittances and vendor payments.
- Helps bank staff verify branch details when you visit a branch.
Contact
Branch phone: 9297954673
Branch address: Chhapwa Bazar, EAST CHAMPARAN, 845456
Head office: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777
Call the toll-free number for general queries and the branch number for branch-specific issues. Keep your account details ready when calling.
FAQs
Q: Can I use this IFSC for NEFT, RTGS and IMPS transfers to Chhapwa Bazar branch?
Yes. Use PUNB0MBGB06 for NEFT, RTGS and IMPS transfers to this branch. Ensure the beneficiary account number matches the branch records.
Q: What if I enter the wrong IFSC?
If the IFSC is wrong, the system may route the payment to a different branch (rare) or reject the transaction. Wrong IFSC often leads to failed transfers and requires bank intervention to reverse funds. Always double-check before sending.
Q: How can I verify the IFSC before making a transfer?
Verify the IFSC from your bank passbook, cheque leaf, branch notice, or by calling the branch phone (9297954673). After the merger, ensure you use PUNB0MBGB06 and not any old UBGB/DBGB codes.
Q: Are old UBGB or DBGB IFSC codes still valid?
No. Old IFSC codes issued to UBGB and DBGB have been revoked following the merger. Use the new code PUNB0MBGB06 under Punjab National Bank for all transactions.
Q: What is MICR and when is it used?
MICR (Magnetic Ink Character Recognition) code—here 800811002—is used mainly for processing physical cheques in the clearing system. IFSC is used for electronic fund transfers. MICR is not required for NEFT/RTGS/IMPS.
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.