The Bihar Gramin Bank branch at Swarajpuri Road is located in Gaya, Bihar (pincode 823001). This branch handles retail and rural banking transactions for residents and businesses in the area. For electronic fund transfers — NEFT, RTGS and IMPS — you must use the correct IFSC code. The IFSC code uniquely identifies the bank and branch in the payment network and ensures funds are routed to the intended account without delays or returns.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | SWARAJPURI ROAD |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7412 |
| Branch Address | SWARAJPURI ROAD, Gaya, 823001, 9771464412 |
| Contact Number | 9771464412 |
| City | Gaya |
| District | Gaya |
| Reason | GAYA |
| Pincode | 823001 |
| State | Bihar |
Merger Update
Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged under a single entity affiliated with Punjab National Bank. All operations now use the IFSC code PUNB0MBGB06. Old IFSC codes issued to UBGB and DBGB branches have been revoked. For any NEFT/RTGS/IMPS transaction, use only the new IFSC PUNB0MBGB06. Transactions attempted with revoked IFSCs may be returned or delayed.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to identify bank branches in electronic funds transfers. Its structure is fixed:
- First 4 characters: Alphabetic bank identifier (example: PUNB = Punjab National Bank).
- 5th character: Always 0 (reserved for future use).
- Last 6 characters: Branch identifier (alphanumeric). Example: in PUNB0MBGB06, MBGB06 is the branch code portion used to route to the Swaraipuri Road branch.
How to Use IFSC Code
- Open your bank’s netbanking, mobile app, or visit a branch for a funds transfer.
- Choose the transfer type: NEFT, RTGS or IMPS. Use RTGS for large-value, real-time transfers where supported. IMPS is instant and available 24×7 for smaller amounts.
- Enter beneficiary name, account number, and the IFSC code PUNB0MBGB06 exactly as shown. Do not add spaces or change characters.
- Verify the beneficiary bank name and branch shown by your app before confirming. A mismatch is a red flag.
- Enter the transfer amount and any remarks, then authenticate (OTP, PIN or other method). Keep the transaction reference for tracking.
- If you use a third-party payment service, ensure it accepts the IFSC-based transfer option (NEFT/RTGS/IMPS) and shows correct beneficiary details before sending.
Benefits of Knowing IFSC
- Ensures accurate routing of electronic payments to the exact branch and account.
- Reduces delays and failed transactions due to wrong bank identification.
- Required for online forms, salary mandates, vendor payments and utility bill payments.
- Helps customer service staff quickly verify branch details when troubleshooting transfers.
- Necessary for linking accounts for inward transfers, standing instructions and bulk disbursements.
Contact
Branch Phone: 9771464412
Branch Address: SWARAJPURI ROAD, Gaya, 823001
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the correct IFSC for all transactions to Swaraipuri Road branch?
A: Yes. Use PUNB0MBGB06 for NEFT, RTGS and IMPS transfers to this branch. Old IFSCs from UBGB/DBGB are revoked and no longer valid.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC points to another branch but the account number and name don’t match, the transaction may be rejected or returned. If the wrong IFSC maps to a valid account, the funds could land in the wrong account and recovery will require bank intervention and time.
Q: How long do NEFT, RTGS and IMPS transfers take?
A: IMPS is instant (real time, 24×7). NEFT processes in hourly batches (though recent regulation allows near-instant credits at many banks). RTGS is real-time for large-value transactions but may be limited to banking hours for some banks. Always check your bank’s processing windows and confirmation message.
Q: Do I need the MICR code for electronic transfers?
A: MICR (800811002) is mainly used for cheque clearing. Electronic transfers (NEFT/RTGS/IMPS) require only the IFSC and account number. Banks may ask for MICR for certain offline forms or reconciliation.
Q: Can the IFSC change for this branch in future?
A: IFSC can change if the branch is restructured, merged, or moved under a different banking platform. Banks announce such changes and provide transition windows. Until then, use the IFSC published by the bank — currently PUNB0MBGB06.
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.