Bansghat is a branch location in East Champaran district of Bihar (PIN 845426). If you need to send or receive money to this branch, the IFSC code is essential. Banks use the IFSC for electronic fund transfers such as NEFT, RTGS and IMPS. Entering the correct IFSC ensures the payment routes to the exact branch and completes without delay.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Bansghat |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 108073 |
| Branch Address | Bansghat, EAST CHAMPARAN, 845426, 9297954608 |
| Contact Number | 9297954608 |
| City | EAST CHAMPARAN |
| District | EAST CHAMPARAN |
| Reason | MOTIHARI |
| Pincode | 845426 |
| State | Bihar |
Merger Update
Punjab National Bank (PNB) has consolidated regional rural banks in Bihar. As part of that process, the IFSC code PUNB0MBGB06 is the active code to be used for this branch under Punjab National Bank’s routing. If you previously used IFSC codes issued to Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), note that those old IFSC codes have been revoked. Only the new consolidated IFSC (PUNB0MBGB06) is valid for electronic transactions now.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alpha-numeric code used to identify bank branches for electronic payments. The 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 (alphanumeric). Example: MBGB06 in PUNB0MBGB06.
How to Use IFSC Code
Use these steps when making NEFT, RTGS or IMPS transfers from Internet or mobile banking, or at the bank branch counter:
- Open the payment/transfer section in your bank’s app, netbanking portal or visit the branch counter.
- Choose transfer type: NEFT, RTGS (for large value transfers), or IMPS (instant, on‑demand).
- Enter beneficiary name, account number, and the IFSC code PUNB0MBGB06. Double-check spelling and digits.
- Enter amount and purpose. For RTGS, ensure the amount meets your bank’s large-value threshold (typically ₹2,00,000 or above). IMPS is instant and usually available 24×7 for lower amounts subject to bank limits.
- Review details and confirm. The bank validates the IFSC and account number before routing the funds. Save transaction reference for tracking.
Benefits of Knowing the IFSC
- Ensures funds reach the precise branch and account without manual routing or delays.
- Required for NEFT/RTGS/IMPS transfers through netbanking and mobile apps.
- Speeds up processing and reduces failed transactions caused by ambiguous branch names.
- Useful when setting up salary credits, vendor payments, or receiving remittances.
- Helps customer support trace and resolve transfer issues using the branch code portion.
Contact
Branch phone no: 9297954608
Branch Address: Bansghat, EAST CHAMPARAN, 845426
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only code I should use for this branch?
A: Yes. Use PUNB0MBGB06 for all electronic transfers to the Bansghat branch. Earlier IFSCs from UBGB or DBGB are revoked and will not work.
Q: What if I enter the wrong IFSC but the correct account number?
A: The transfer may still be rejected or routed incorrectly. Banks generally validate both account number and IFSC. If bank finds a mismatch, it usually rejects the transfer and returns funds. Always verify both before confirming.
Q: Which method is fastest — NEFT, RTGS or IMPS?
A: IMPS is instant and available 24×7 for amounts within bank limits. NEFT is suitable for normal transfers and now operates round-the-clock. RTGS is for higher-value, time-sensitive transfers (typically ₹2 lakh and up).
Q: How can I confirm the beneficiary details before sending money?
A: After entering IFSC and account number you can often use a ‘verify beneficiary’ or ‘validate’ option in your bank’s portal. If not, make a small test transfer first or contact the beneficiary branch at 9297954608.
Q: Who do I contact if a transfer to this IFSC fails or is delayed?
A: First check the transaction reference in your bank app. Then contact your bank’s customer support or the Bansghat branch at 9297954608. You can also call the head office toll-free at 18001807777 for escalation.
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.