Bihar Gramin Bank BHORI IFSC Code

The Bihar Gramin Bank branch at Bhori, Gaya (Pincode 824236) serves local residents and businesses in Gaya district, Bihar. For electronic fund transfers such as NEFT, RTGS, and IMPS, the IFSC code is essential. It uniquely identifies the bank and branch in the payments network, ensuring money is routed to the correct account without manual intervention.

Merger Update

The IFSC PUNB0MBGB06 is used now under Punjab National Bank (PNB) for the relevant regional gramin bank branches. If this branch formerly belonged to Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), note that both entities were reorganized and their legacy UBGB/DBGB IFSC codes have been revoked. For electronic transfers you must use the single active IFSC PUNB0MBGB06. Old UBGB/DBGB IFSCs will not work and will cause transaction failures.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code that identifies a specific bank branch in electronic payment systems. Its structure is:

• First 4 characters – Bank code (alphabetic). Example: PUNB = Punjab National Bank.
• 5th character – Always the digit 0 (zero). This is reserved for future use.
• Last 6 characters – Branch identifier (alphanumeric). Example: MBGB06 in PUNB0MBGB06.

Note: The 5th character is a zero (0), not the letter O. IFSC must be entered without spaces and usually in uppercase.

How to Use the IFSC Code for NEFT / RTGS / IMPS

• Open your bank’s internet banking portal or mobile app, or visit the branch counter.
• Choose the transfer type: NEFT, RTGS (for high-value transfers), or IMPS (instant, 24×7).
• Add a beneficiary if not already saved. Provide: beneficiary name, account number, and the IFSC PUNB0MBGB06. You may also be asked to enter the bank and branch names—enter Punjab National Bank and BHORI (Gaya).
• Save and verify the beneficiary. Some banks impose a cooling period (often 30 minutes to a few hours) for new beneficiaries; IMPS may allow immediate transfers depending on the bank.
• Enter transfer amount and confirm. For RTGS check the minimum amount requirement (typically ₹2,00,000; confirm with your bank). NEFT has no minimum; IMPS limits vary by bank (commonly up to ₹2,00,000 per txn).
• Verify transaction details and authorize using OTP or banking credentials. Keep the transaction reference for tracking.

Benefits of Knowing the IFSC

• Ensures accurate routing of funds to the intended branch and account.
• Required for online transfers (NEFT/RTGS/IMPS) and many banking forms.
• Speeds up payments: correct IFSC reduces failed transactions and delays.
• Helps when filling forms for salary credits, vendor payments, or government receipts.
• Useful for reconciliation: IFSC + account number uniquely pinpoints the beneficiary branch.

Contact

Branch Phone No: 9771464221

Branch Address: BHORI, Gaya, 824236

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

Toll Free: 18001807777

FAQs

• Q: Can I use an old UBGB IFSC for transfers to this branch?
  A: No. Old UBGB/DBGB IFSCs have been revoked. Use the current IFSC PUNB0MBGB06 for any electronic transfers.
• Q: What happens if I enter a wrong IFSC?
  A: If the IFSC does not match the account’s bank/branch, the transfer will either be rejected or routed to a different branch/account causing delays. Always confirm the IFSC and account number before authorizing.
• Q: Is IFSC case-sensitive or space-sensitive?
  A: IFSC is not case-sensitive in practice, but it should be entered without spaces. Use the full 11 characters, e.g., PUNB0MBGB06.
• Q: How long do NEFT, RTGS, and IMPS transfers take?
  A: IMPS is usually instant and available 24×7. NEFT settlements are processed in batches (most banks process them multiple times a day); transfers typically complete within a few hours. RTGS is real-time for eligible high-value transfers (minimum amount rules apply); funds usually credit within minutes. Exact timing can vary by bank and operational hours.
• Q: What is MICR and when is it used?
  A: MICR (Magnetic Ink Character Recognition) code—here 800811002—is used mainly for cheque clearing. It speeds up automated cheque processing and helps identify the bank branch at clearing houses.

Kriti Kumari

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.