Patwatoli is a locality in Gaya district, Bihar (PIN 823003). This article gives the IFSC and branch details you need to make electronic fund transfers. The IFSC (Indian Financial System Code) is required when sending money via NEFT, RTGS or IMPS. It identifies the bank and branch so funds route correctly and quickly.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | PATWATOLI |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7490 |
| Branch Address | PATWATOLI, Gaya, 823003, 7781004490 |
| Contact Number | 7781004490 |
| City | Gaya |
| District | Gaya |
| Reason | GAYA |
| Pincode | 823003 |
| State | Bihar |
Merger Update
Important: Punjab National Bank is the sponsor bank for the regional gramin banks in Bihar. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were reorganized under a unified arrangement, and the effective IFSC for the merged entities is PUNB0MBGB06. Old UBGB IFSC codes have been revoked. For any electronic transfer to this area, use PUNB0MBGB06 only. Transactions using retired UBGB IFSCs will not complete and will need re-routing.
What is IFSC Code?
The IFSC is an 11-character alphanumeric code used to route electronic payments in India. Its structure is fixed:
- First 4 characters = bank identifier (example: PUNB for Punjab National Bank).
- 5th character = always 0 (reserved).
- Last 6 characters = branch identifier (example: MBGB06 in PUNB0MBGB06).
So PUNB0MBGB06 breaks down as PUNB + 0 + MBGB06. IFSC uniquely points to a bank branch for NEFT/RTGS/IMPS routing.
How to Use IFSC Code
Follow these steps when sending money to the Patwatoli branch:
- Open your bank’s payment interface (netbanking, mobile app or branch form).
- Choose transfer type: NEFT, RTGS or IMPS.
- Enter beneficiary name exactly as in their bank account records.
- Enter the beneficiary account number.
- Enter the IFSC code: PUNB0MBGB06.
- Enter the transfer amount and any description or remark required.
- Verify details carefully. Confirm and authenticate (OTP or bank token).
- Keep the transaction reference or UTR for tracking.
Notes on transfer types:
- NEFT — no minimum amount; used for regular transfers. Available 24×7.
- RTGS — meant for high-value transfers (commonly ₹2,00,000 and above); real-time large-value settlement.
- IMPS — immediate, 24×7, usually for smaller urgent transfers (limits depend on bank policy).
Benefits of Knowing the IFSC
- Ensures accurate routing of electronic payments to the intended branch.
- Reduces failed or misdirected transfers and delays in refunds.
- Required for adding beneficiaries in netbanking or mobile apps.
- Helps customer service locate and trace transactions using UTR and branch code.
- Useful for automated payrolls, vendor payments and recurring transfers.
Contact
Branch phone no: 7781004490
Branch Address: PATWATOLI, Gaya, 823003
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: How do I confirm this IFSC is correct for Patwatoli branch?
A: Check the bank passbook or cheque leaf, contact the branch at 7781004490, or use your bank’s beneficiary addition screen which validates the IFSC. The IFSC for this branch is PUNB0MBGB06.
Q: Can I use old UBGB IFSC codes for transfers?
A: No. Old UBGB IFSC codes have been revoked after the reorganization. Use the unified code PUNB0MBGB06 for transactions to Bihar Gramin Bank branches under this arrangement.
Q: Is IFSC case-sensitive?
A: No. IFSC is not case-sensitive. But enter it exactly as characters and digits to avoid input errors.
Q: What happens if I enter the wrong IFSC?
A: If the bank portion (first 4 chars) is correct but branch code is wrong, the transfer may reach a different branch or be returned. If the bank code is wrong, the transaction will likely fail. Contact your bank immediately with the transaction reference (UTR) to start tracing and reversal. Resolution times vary by bank.
Q: How long do NEFT/RTGS/IMPS transfers take?
A: IMPS is instant (seconds). NEFT and RTGS are processed in near real-time and operate 24×7; actual credit timing depends on the beneficiary bank’s processing. If a transfer is returned, reversal can take a few hours to several business days depending on the issue.
If you need help confirming beneficiary details before a large transfer, call the branch at 7781004490 or the toll-free number 18001807777.
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.