Bihar Gramin Bank MOHANPUR IFSC Code

The Bihar Gramin Bank branch at Mohanpur serves residents of Mohanpur village and nearby areas in Gaya district, Bihar (PIN 824232). For anyone sending or receiving money, the correct IFSC code is essential. Banks use the IFSC to route electronic transfers like NEFT, RTGS and IMPS to the exact branch. Using the wrong code can delay or misroute a payment.

Branch Details

Merger Update

This branch is now under the consolidated setup following the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both banks have been merged into a single structure and now use the single IFSC code PUNB0MBGB06 under Punjab National Bank. Old UBGB or DBGB IFSC codes have been revoked. Use only the new IFSC PUNB0MBGB06 for any NEFT, RTGS or IMPS transaction to this branch.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a bank branch in electronic fund transfers. The structure is:

• First 4 characters = bank code (letters). Example: PUNB = Punjab National Bank.
• 5th character = reserved and is 0 (zero).
• Last 6 characters = branch identifier (alphanumeric). Example: MBGB06 identifies the Mohanpur branch under the merged setup.

So, PUNB0MBGB06 breaks down to PUNB + 0 + MBGB06.

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

• Open your bank app or netbanking and go to the fund transfer section.
• Choose the transfer type: IMPS (instant, small amounts), NEFT (batched, any amount), or RTGS (real-time, usually used for high-value transfers; banks typically set a minimum—commonly ₹2 lakh).
• Add a new beneficiary. Enter the beneficiary name, account number, and the IFSC code PUNB0MBGB06. Verify spelling and digits carefully.
• Save the beneficiary. Complete any verification steps your bank requires (OTP, mPIN, or in-branch activation). Many banks have a cooling period (few minutes to 24 hours) before the beneficiary can be used.
• Initiate the transfer. Enter amount and transfer purpose, then confirm with OTP or token as required.
• Note the transaction reference number for tracking. For delayed transfers, share this with the sending bank for tracing.

Benefits of Knowing the IFSC

• Correct routing: Ensures funds reach the exact branch and account.
• Faster transfers: Reduces error-related delays and returns.
• Useful for online forms: Required for salary credits, vendor payments, subsidies, and refunds.
• Cheque and clearing reference: MICR (800811002) helps in cheque processing at clearing houses.
• Fraud prevention: Confirming IFSC with account holder reduces mistyped beneficiary errors.

Contact

Branch phone no: 9771464252

Branch Address: MOHANPUR, Gaya, 824232

Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free no: 18001807777

FAQs

• Q: Is PUNB0MBGB06 the only valid IFSC for Mohanpur branch?
  A: Yes. After the merger, PUNB0MBGB06 is the valid IFSC. Old UBGB/DBGB codes are revoked and should not be used.
• Q: What happens if I enter a wrong IFSC?
  A: If the IFSC does not match the account’s bank/branch, the transfer may fail or be returned. In some cases the bank may route correctly by account number, but you should not rely on this. Always confirm IFSC before sending funds.
• Q: Can I use this IFSC for cheque deposits?
  A: Cheques use the MICR code (800811002) for clearing. IFSC is not printed on the cheque clearing path, but it is used for electronic transfers. For branch-specific cheque instructions, provide the branch name and MICR when needed.
• Q: Which method should I use for urgent small transfers?
  A: Use IMPS for instant small-value transfers (works 24×7). NEFT is now typically available round-the-clock and is suitable for routine transfers. RTGS is for high-value, immediate settlement—check your bank’s RTGS minimum and charges.
• Q: Are there charges for using NEFT/RTGS/IMPS?
  A: Banks may levy nominal charges for NEFT/RTGS/IMPS, though many retail or app-based transfers are free up to certain limits. Charges vary by bank and transaction channel. Confirm current fees with your bank or on the bank’s customer service number (toll free 18001807777).
• Q: How can I confirm the IFSC if I’m unsure?
  A: Check the cheque leaf (if provided), bank passbook entry, or call the branch at 9771464252. You can also visit the branch during working hours to verify details in person.

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.