Bihar Gramin Bank Olaha Bazar IFSC Code

The Bihar Gramin Bank branch at Olaha Bazar is located in East Champaran district of Bihar (pin code 845417). This page gives the branch details and explains the IFSC code used for electronic fund transfers. The IFSC is essential for NEFT, RTGS and IMPS because it uniquely identifies the bank and branch in payment networks. Using the correct IFSC ensures money goes to the right account and prevents delays or returns.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Olaha Bazar
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100267
Branch Address	Olaha Bazar, EAST CHAMPARAN, 845417, 9297954676
Contact Number	9297954676
City	EAST CHAMPARAN
District	EAST CHAMPARAN
Reason	MOTIHARI
Pincode	845417
State	Bihar

Merger Update

Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into Punjab National Bank. All branches that previously operated under UBGB/DBGB now use the single IFSC code PUNB0MBGB06 for transactions. Old UBGB and DBGB IFSC codes have been revoked. Only the new IFSC code PUNB0MBGB06 is valid for NEFT, RTGS and IMPS transfers to this branch.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in electronic payment systems. Its structure is fixed:

• First 4 characters: Bank code (letters). Example: PUNB = Punjab National Bank.
• 5th character: Reserved and is always ‘0’.
• Last 6 characters: Branch identifier (letters/numbers). Example: MBGB06 in PUNB0MBGB06.

How to Use IFSC Code

• Open your bank’s netbanking, mobile app or visit the branch for an RTGS/NEFT form.
• Select transfer type: NEFT, RTGS (for larger amounts), or IMPS (instant, any time).
• Enter beneficiary name exactly as in their bank records.
• Enter beneficiary account number carefully. Double-check digits.
• Enter IFSC: PUNB0MBGB06 for Bihar Gramin Bank, Olaha Bazar.
• Enter amount and purpose/remarks.
• Verify details and confirm. Approve with OTP or transaction PIN as required.
• Keep transaction reference or UTR for tracking. Use it if funds are delayed or to query the bank.

Benefits of Knowing the IFSC

• Ensures funds reach the exact branch and account without manual routing.
• Reduces return or reversal delays caused by incorrect branch details.
• Required for all electronic transfers: NEFT, RTGS and IMPS.
• Makes online payment forms faster and more accurate.
• Helps customer service trace transactions using UTR and IFSC.

Contact

Branch phone no: 9297954676

Branch Address: Olaha Bazar, EAST CHAMPARAN, 845417

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free no: 18001807777

FAQs

Q: Can I use the old UBGB IFSC for transfers to this branch?
A: No. Old UBGB and DBGB IFSC codes have been revoked after the merger. Use only PUNB0MBGB06 for NEFT, RTGS and IMPS to this branch.

Q: Is IFSC case-sensitive?
A: No. IFSC is not case-sensitive, but enter it exactly without extra spaces or characters. Banks treat uppercase and lowercase the same.

Q: What if I enter a wrong IFSC but the correct account number?
A: Systems validate IFSC and account number together. If the IFSC does not match the account details, the transfer may fail or be returned. Contact your bank immediately with the UTR to resolve any misrouted funds.

Q: How fast are NEFT, RTGS and IMPS transactions?
A: IMPS is instant and available 24×7. NEFT processes in hourly batches (varies by bank), and RTGS is near-instant for high-value transfers during bank hours. Always confirm expected timing with your bank.

Q: How can I verify the IFSC before sending money?
A: Verify IFSC on bank documents such as cheque leaves or passbooks. You can also confirm with the branch phone number (9297954676) or at the bank’s customer service before initiating the transfer.