Bihar Gramin Bank GAJRAGARH IFSC Code

GAJRAGARH is a branch of Bihar Gramin Bank located in Gaya district, Bihar (PIN 824201). If you need to send or receive money to this branch, the IFSC code is a required identifier for electronic fund transfers. Banks use IFSC for routing transactions over NEFT, RTGS and IMPS so the funds reach the correct bank and branch quickly and securely.

Branch Details

Merger Update

Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been consolidated under Punjab National Bank sponsorship. As part of that consolidation, the unified IFSC in use is PUNB0MBGB06 (the code shown above). Old IFSC codes that belonged to UBGB (and any legacy DBGB codes) have been revoked for electronic transfers. For any NEFT/RTGS/IMPS transactions, use only the new IFSC PUNB0MBGB06. If you have standing instructions or saved beneficiaries that used old UBGB/DBGB IFSC codes, update them immediately to avoid failed transfers.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify bank branches for electronic payments in India. The format is:

• First 4 characters: Bank identifier (for example, “PUNB” = Punjab National Bank).
• 5th character: Reserved and usually “0”.
• Last 6 characters: Branch identifier (alphanumeric). For this branch the last six are “MBGB06”.

So PUNB0MBGB06 breaks down as: PUNB (bank) + 0 (reserved) + MBGB06 (branch).

How to Use the IFSC Code (NEFT, RTGS, IMPS)

• Open your bank’s online banking app or visit the branch to initiate a transfer.
• Choose the transfer type: NEFT, RTGS or IMPS. IMPS is immediate 24×7; NEFT settles in batches (available round the clock in many banks now); RTGS is intended for high-value/priority transfers—confirm limits with your bank.
• Enter beneficiary details: account number, beneficiary name exactly as in bank records, and the IFSC PUNB0MBGB06.
• Enter the branch name (GAJRAGARH) and amount. Add remarks if needed.
• Verify all details on screen, especially the IFSC and account number. A single wrong digit can route funds to the wrong account or cause rejection.
• Authenticate the transaction using OTP, net-banking password or UPI authorisation as required.
• Save the transaction reference number. Check with the beneficiary if funds do not arrive within expected timelines and share the reference for tracking.

Benefits of Knowing the IFSC

• Ensures correct routing of electronic funds to the exact bank branch.
• Prevents delays and failed transactions caused by incorrect branch identification.
• Required for adding beneficiaries in internet banking or mobile apps.
• Helps customer service and reconciliation: you can quote IFSC plus MICR to resolve payment issues faster.
• Useful when filling paper NEFT/RTGS forms at the branch to avoid manual errors.

Contact

Branch Phone: 7541807558
Branch Address: GAJRAGARH, Gaya, 824201
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777

FAQs

Q: Can I use the old UBGB or DBGB IFSC to send money to this branch?
A: No. Old UBGB and DBGB IFSC codes have been revoked after consolidation. Use the new IFSC PUNB0MBGB06 for all transactions.

Q: What if I enter the wrong IFSC but the correct account number?
A: Most systems route on IFSC + account number. If IFSC points to a different bank/branch, the transfer may fail or be routed incorrectly. If the account number and IFSC mismatch, the bank may reject the transfer. Contact your bank immediately with the transaction reference to trace and recover funds.

Q: How do I confirm this IFSC before making a large transfer?
A: Confirm by calling the branch at 7541807558 or using the head office toll-free number 18001807777. Also verify the beneficiary’s bank statement or cheque leaf where IFSC is printed in many cases.

Q: Are IMPS transfers to this IFSC available 24×7?
A: IMPS is designed for instant 24×7 transfers, subject to your bank’s IMPS service availability. NEFT and RTGS timings may vary; many banks now offer NEFT round the clock and RTGS with extended hours—check your bank’s schedule.

Q: What information do I need to add a beneficiary for online transfers?
A: You typically need: beneficiary name, account number, IFSC (PUNB0MBGB06), branch name (GAJRAGARH), and sometimes a nickname/description. Your bank may place a cooling period before you can transfer to a newly added beneficiary—plan accordingly.

If you need a print-friendly copy of these details or help updating saved beneficiaries after the merger, contact the branch or the head office toll-free number above.

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.