Bihar Gramin Bank Karwathi IFSC Code

The Bihar Gramin Bank branch at Karwathi is located in Gopalganj, Bihar (PIN 841501). This page gives the branch details and the IFSC code used for electronic fund transfers. The IFSC code is essential for NEFT, RTGS and IMPS transfers. It tells the payment system which bank and which specific branch should receive the funds. Entering the correct IFSC avoids failed transfers and delays.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Karwathi
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100518
Branch Address	Karwathi, GOPALGANJ, 841501, 9297954518
Contact Number	9297954518
City	GOPALGANJ
District	GOPALGANJ
Reason	GOPALGANJ
Pincode	841501
State	Bihar

Merger Update

Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have merged into one entity under Punjab National Bank for electronic clearing. All old UBGB and DBGB IFSC codes have been revoked. The single, valid IFSC code to use now is PUNB0MBGB06. Any transactions using retired IFSCs will fail or be returned. Always confirm the IFSC PUNB0MBGB06 before initiating transfers to this branch.

What is IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to route electronic payments to the correct bank and branch. The structure is fixed:

• First 4 characters — identify the bank. Example: PUNB = Punjab National Bank.
• 5th character — always the digit 0 (reserved).
• Last 6 characters — identify the specific branch. Example: in PUNB0MBGB06, the MBGB06 part points to the branch within the bank’s IFSC allocation.

Note: The branch code printed by a bank (numeric, here 100518) is separate from the last six IFSC characters. Banks may use both systems internally.

How to Use IFSC Code

1. Get the beneficiary details: account name, account number, bank name, branch name and IFSC (here PUNB0MBGB06).
2. Log in to your netbanking, mobile banking app or visit the branch for an electronic transfer.
3. Choose the transfer type: NEFT, RTGS or IMPS. Use RTGS only for high-value immediate transfers where supported. IMPS and NEFT are available for smaller or usual transfers (IMPS is instant 24×7; NEFT runs in hourly batches in many banks and is now mostly round-the-clock).
4. Enter the beneficiary account number and paste the IFSC exactly. Many bank portals validate IFSC format and auto-fill the branch name on match. If the portal does not auto-fill, double-check before submitting.
5. Confirm amount, reason/narration and charges. RTGS often carries higher charges and may have minimum limits (bank-specific). IMPS and NEFT charges vary by bank and amount slab.
6. Verify after submission: note the transaction reference number and check with beneficiary if funds were received. For failed transfers, the reference and timestamp help tracing.

Practical checks: verify IFSC on a cancelled cheque leaf, passbook, bank statement or by calling the branch at 9297954518 before initiating a large transfer.

Benefits of Knowing the IFSC

• Ensures funds reach the exact branch and account without manual intervention.
• Reduces failed transfers and return charges.
• Speeds up reconciliation — the payment system routes directly to the branch for clearing.
• Required for NEFT, RTGS and IMPS; also used for electronic mandates and standing instructions.
• Helps confirm branch details when opening accounts or updating records.

Contact

Branch phone no: 9297954518

Branch Address: Karwathi, GOPALGANJ, 841501

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

Toll free no: 18001807777

FAQs

• Q: How do I confirm that PUNB0MBGB06 is the correct IFSC for Karwathi?

  A: Check a recent cancelled cheque or bank passbook for this branch. You can also call the branch at 9297954518 or use your bank’s beneficiary-creation screen which typically validates IFSC and shows the branch name.

• Q: I have an old UBGB IFSC. Can I still use it?

  A: No. Old UBGB and DBGB IFSCs are revoked after the merger. Use only the updated IFSC PUNB0MBGB06. Transfers sent to retired IFSCs will fail or be returned.

• Q: What is MICR 800811002 used for?

  A: MICR (Magnetic Ink Character Recognition) code is used by clearing houses to speed up cheque processing. It is not required for online NEFT/RTGS/IMPS transfers, but is useful for cheque-based transactions and bank reconciliation.

• Q: What happens if I enter a wrong IFSC but correct account number?

  A: If the IFSC points to a different bank, the system will usually reject the transfer during validation. If the IFSC and account number mismatch in a way the system accepts, the transfer may be delayed or returned. Always double-check both account number and IFSC before confirming.

• Q: Are there timing or amount limits I should know for NEFT/RTGS/IMPS?

  A: IMPS is instant and available 24×7 for most banks. NEFT and RTGS availability and cut-off times vary by bank. RTGS is meant for large-value immediate transfers and may have minimum limits set by the bank. Check with your bank for exact cut-off times and charges before initiating a large or time-sensitive transfer.