Bihar Gramin Bank BUNIADGANJ IFSC Code

The Bihar Gramin Bank branch at Buniadganj is located in Gaya district, Bihar (PIN 823003). This branch handles local savings and transactional banking for residents and businesses in and around Buniadganj. For electronic fund transfers such as NEFT, RTGS and IMPS, the IFSC code identifies the exact bank and branch so funds route safely and quickly to the intended account. Using the correct IFSC prevents delays or returns of payments.

Branch Details Table

Merger Update

The Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single entity under Punjab National Bank (PNB). As part of that consolidation, this branch now uses the IFSC code PUNB0MBGB06 for all electronic transfers. Old IFSC codes issued under UBGB or DBGB have been revoked. Use only PUNB0MBGB06 when initiating NEFT, RTGS or IMPS transactions for this branch.

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character code that uniquely identifies a bank branch for electronic payments. The structure is:

• First 4 characters: bank identifier (e.g., PUNB = Punjab National Bank).
• 5th character: always zero (0), reserved for future use.
• Last 6 characters: branch identifier (alphanumeric). In PUNB0MBGB06, the last six characters MBGB06 point to the specific branch code.

How to Use IFSC Code (NEFT / RTGS / IMPS)

• Open your bank’s netbanking portal or mobile app and select the funds transfer option (NEFT, RTGS or IMPS).
• Choose to add a new beneficiary. Enter the beneficiary name exactly as on their bank account.
• Enter the beneficiary account number and the IFSC code: PUNB0MBGB06 for Buniadganj branch.
• Provide the branch name (BUNIADGANJ) and contact if required. For RTGS check the minimum amount limit with your bank (RTGS typically has a higher minimum than NEFT).
• Save the beneficiary. Complete authentication steps (OTP / transaction password / mPIN) as prompted by your bank.
• Initiate the transfer after the beneficiary is activated. For IMPS the transfer is instant; NEFT/RTGS depend on bank processing cycles and working hours.
• Always verify the IFSC and account number before confirming. A wrong IFSC can delay or misroute the payment.

Benefits of Knowing the IFSC

• Ensures funds reach the correct branch and account without manual intervention.
• Required for NEFT, RTGS and IMPS transfers and for adding beneficiaries online.
• Saves time by preventing returns and the need for manual correction.
• Useful for receiving salary credits, vendor payments, refunds and government transfers.
• Helps you validate branch identity when reconciling payments (use with MICR and branch code).

Contact

Branch phone no: 9771464202

Branch Address: BUNIADGANJ, Gaya, 823003

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

Toll free: 18001807777

FAQs

• Q: Is PUNB0MBGB06 the only valid IFSC for Buniadganj now?

  A: Yes. Following the merger, PUNB0MBGB06 (under Punjab National Bank) is the valid IFSC. Any previous UBGB or DBGB IFSC codes have been revoked.

• Q: What happens if I enter the wrong IFSC during a transfer?

  A: If the IFSC does not match the account’s bank-branch mapping, the transaction may be returned or delayed. In some systems a wrong IFSC can route money to the wrong branch; that is rare but possible with matching account numbers. Contact your bank immediately if you suspect an error.

• Q: How do I confirm this IFSC before transferring money?

  A: Confirm the IFSC from the beneficiary bank statement, cheque leaf, the branch contact (9771464202), or your bank’s beneficiary validation screen. The IFSC is not case-sensitive, but enter it carefully without extra spaces.

• Q: Is IFSC required for UPI transfers?

  A: UPI uses a Virtual Payment Address (VPA) and does not require an IFSC for peer-to-peer transfers. However, IFSC is required when you add a bank account for some payment services or for NEFT/RTGS/IMPS.

• Q: What is the difference between IFSC and MICR?

  A: IFSC identifies the bank branch for electronic transfers (NEFT/RTGS/IMPS). MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque processing. For electronic transfers, IFSC is the relevant code.

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.