The Bihar Gramin Bank MAIGRA branch serves customers in Maigra village, Gaya district, Bihar (PIN 824206). For electronic transfers (NEFT, RTGS, IMPS), the IFSC code is the key identifier. Banks use it to route funds to the correct bank and branch. Entering the correct IFSC ensures timely and accurate credit to the beneficiary account.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | MAIGRA |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7250 |
| Branch Address | MAIGRA, Gaya, 824206, 9771464250 |
| Contact Number | 9771464250 |
| City | Gaya |
| District | Gaya |
| Reason | GAYA |
| Pincode | 824206 |
| State | Bihar |
Merger Update
If this branch previously operated under Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), note the following: both UBGB and DBGB have been merged into Punjab National Bank. All branches now use the single IFSC code PUNB0MBGB06 under Punjab National Bank. Old UBGB or DBGB IFSC codes have been revoked. For any electronic transfer, only the new IFSC PUNB0MBGB06 is valid.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character code used to route electronic payments. Its structure is fixed:
- First 4 characters — bank identifier (alphabetic). Example: PUNB stands for Punjab National Bank.
- 5th character — reserved and is always 0.
- Last 6 characters — branch identifier (alphanumeric). Example: in PUNB0MBGB06 the last six characters MBGB06 identify the Maigra branch under PNB.
The IFSC uniquely points to one branch for electronic transfers. MICR is different: it is used mainly for cheque clearing and is numeric (here 800811002).
How to Use IFSC Code
- Open your bank’s netbanking or mobile banking app. Go to the beneficiary or beneficiary management section.
- Choose the transfer type: NEFT, RTGS, or IMPS.
- Enter beneficiary name, account number, and the IFSC PUNB0MBGB06. Double-check spelling and digits.
- Save the beneficiary. The bank may ask for OTP or mandate a cooling period before the first transfer (depends on bank policy).
- Initiate the transfer. For IMPS the credit is usually instant. NEFT and RTGS timings and limits vary by bank; RTGS is intended for higher-value transfers.
- Keep the transaction reference or UTR for reconciliation and proof.
Benefits
- Precise routing — IFSC directs funds to the exact bank branch.
- Reduces errors — entering the correct IFSC avoids failed or misrouted transfers.
- Required for all electronic payments — NEFT, RTGS, IMPS and many UPI bank-to-bank transfers validate IFSC at the beneficiary setup.
- Useful for businesses and payroll — ensures timely salary and vendor payments to the right branch.
- Helps customer service — quoting IFSC and MICR speeds up troubleshooting for failed transfers or disputes.
Contact
Branch phone no: 9771464250
Branch Address: MAIGRA, Gaya, 824206
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Can I use an old UBGB or DBGB IFSC for a transfer?
A: No. Old UBGB/DBGB IFSC codes have been revoked after the merger into Punjab National Bank. Use the new IFSC PUNB0MBGB06 for all electronic transfers.
Q: What if I enter a wrong IFSC but correct account number?
A: Most banks validate IFSC against the account details. If the IFSC does not match the account, the transfer may fail or be returned. If it is accepted and routed incorrectly, contact your bank immediately with the transaction UTR to trace and recover funds.
Q: Is IFSC needed for UPI transfers?
A: UPI typically requires only a VPA (virtual payment address). However, if you add a beneficiary by account details or use bank-to-bank transfer modes through an app, IFSC is required.
Q: How do I confirm that PUNB0MBGB06 is correct for Maigra branch?
A: Confirm using official bank documents such as a passbook, cheque leaf, or by calling the branch at 9771464250. You can also confirm with the bank’s customer service on the toll-free number 18001807777.
Q: What is the difference between IFSC and MICR?
A: IFSC (11 characters) is used for electronic fund transfers and routing. MICR (usually 9 digits, here 800811002) is used for physical cheque clearing and processing. Both identify branches but serve different systems.
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.