Bihar Gramin Bank LODHWAY IFSC Code

The Bihar Gramin Bank branch at LODHWAY is located in Gaya district of Bihar (PIN 824232). This page gives the branch details and the correct IFSC code used for electronic fund transfers. An IFSC code is mandatory for NEFT, RTGS and IMPS transfers. It identifies the bank and the exact branch so that money moves securely between accounts.

Branch Details

Merger Update

If this branch earlier belonged to Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), note the following: both UBGB and DBGB have been consolidated under Punjab National Bank’s sponsor arrangement and now use the single IFSC code PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked. For all NEFT/RTGS/IMPS transactions use only the new IFSC PUNB0MBGB06. Transactions using revoked IFSCs will fail or be returned.

What is IFSC Code?

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

• First 4 characters – bank identifier (for example, PUNB = Punjab National Bank).
• 5th character – always zero (‘0’), reserved for future use.
• Last 6 characters – branch identifier (can be letters and/or digits, for example MBGB06 in PUNB0MBGB06).

How to Use IFSC Code

1. Open your bank’s netbanking, mobile banking app or visit the branch to set up a beneficiary.
2. Choose the transfer type: NEFT, RTGS or IMPS. (RTGS is for large-value payments; many banks set a minimum amount ~₹2,00,000.)
3. Enter beneficiary name, account number exactly as provided, and the IFSC code PUNB0MBGB06. You may also enter the branch name LODHWAY for clarity.
4. Enter the amount and purpose, then verify all details carefully. A mismatch in account number and IFSC can delay the transfer.
5. Authorize the payment with your bank’s approval method (OTP, transaction password, token or UPI consent).
6. Note the transaction reference (UTR). Keep it until the beneficiary confirms receipt.

Tip: For immediate confirmation prefer IMPS when available. NEFT/RTGS timing and charges depend on the sending bank; confirm with your bank before initiating bulk or urgent transfers.

Benefits of Knowing the IFSC

• Ensures funds reach the correct bank branch and account.
• Required for adding beneficiaries for NEFT, RTGS and IMPS transfers.
• Speeds up troubleshooting if a transfer fails—bank can track using IFSC and UTR.
• Helps distinguish between similarly named branches in different cities or districts.
• Necessary for receiving salary, government payments, refunds and online payments.

Contact

Branch phone no: 9771464249

Branch Address: LODHWAY, Gaya, 824232

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

Toll free no: 18001807777

FAQs

• Q: What is the IFSC code for Bihar Gramin Bank LODHWAY?
  A: The IFSC code is PUNB0MBGB06.
• Q: Can I use an old UBGB or DBGB IFSC for transfers?
  A: No. Old UBGB and DBGB IFSC codes have been revoked after the merger. Use only PUNB0MBGB06 for this branch.
• Q: Is IFSC case sensitive?
  A: Banks typically use uppercase for IFSC codes. Systems are generally case-insensitive, but enter the code exactly as provided to avoid errors.
• Q: What happens if I enter the wrong IFSC?
  A: If IFSC and account number point to different banks, the transfer may be returned or delayed. If the wrong IFSC corresponds to another valid account, recovery requires bank intervention and can take time. Always double-check IFSC and account number before authorizing.
• Q: How can I verify this IFSC before transferring?
  A: Verify on a recent bank passbook, cheque leaf, or by calling the branch at 9771464249. You can also confirm with the bank’s toll-free number 18001807777 or the head office address mentioned 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.