The Bihar Gramin Bank branch at Koini is located in the Gopalganj district of Bihar (PIN 841427). For anyone sending or receiving money to this branch, the IFSC code is a key piece of information. Banks use IFSC codes to route electronic fund transfers (NEFT, RTGS, IMPS) to the correct bank and branch. Entering the correct IFSC prevents delays, failed transfers, or funds going to the wrong branch.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Koini |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100527 |
| Branch Address | Koini, GOPALGANJ, 841427, 9297954527 |
| Contact Number | 9297954527 |
| City | GOPALGANJ |
| District | GOPALGANJ |
| Reason | GOPALGANJ |
| Pincode | 841427 |
| State | Bihar |
Merger update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were consolidated under Punjab National Bank. After the merger, a single IFSC code is used for affected branches: PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked. For transactions, always use the new IFSC PUNB0MBGB06—the older codes will not route funds correctly.
What is an IFSC code?
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code that uniquely identifies a bank branch for electronic transfers. The format is fixed:
- First 4 characters — alphabetic bank code (e.g., PUNB for Punjab National Bank).
- 5th character — always 0 (reserved for future use).
- Last 6 characters — branch identifier (can be digits and letters). For this branch the last 6 are MBGB06, making the full IFSC PUNB0MBGB06.
How to use the IFSC code (NEFT, RTGS, IMPS)
Follow these steps when sending money to the Koini branch:
- Open your bank’s netbanking, mobile app, or visit a branch counter.
- Choose the transfer type (NEFT, RTGS, or IMPS). If unsure, ask your bank which service suits your amount and urgency.
- Add a new beneficiary: enter the beneficiary name exactly as on their account, the beneficiary account number, and the IFSC PUNB0MBGB06.
- Confirm the branch name (Koini, Gopalganj) shown after entering the IFSC—this reduces errors.
- Enter the amount and purpose, then authenticate the transfer (OTP, transaction password, or bank token).
- Save the beneficiary only after successful addition. Use the saved beneficiary for future transfers.
Practical tips: double-check the last six characters of the IFSC (branch code). If you see a different branch name after entering the IFSC, stop and verify. For bulk or high-value transfers, confirm any cut-off times or limits with your bank.
Benefits of knowing the IFSC
- Ensures funds are routed to the correct bank and branch.
- Makes online transfers (NEFT, RTGS, IMPS) quick and reliable.
- Reduces errors and failed transactions—banks validate IFSC before processing.
- Helps identify branch details for reconciliation and record keeping (MICR and branch code).
- Required information for receiving salaries, vendor payments, or government transfers.
Contact
Branch phone: 9297954527
Branch address: Koini, GOPALGANJ, 841427
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777
FAQs
Q: Is the IFSC case-sensitive?
A: No. IFSC codes are not case-sensitive. PUNB0MBGB06 and punb0mbgb06 are treated the same, but always copy exactly to avoid mistakes.
Q: What is the difference between IFSC and MICR?
A: IFSC identifies the bank branch for electronic transfers. MICR (Magnetic Ink Character Recognition) code is a 9-digit number used mainly for processing physical cheques and clearing through the clearinghouse. This branch’s MICR is 800811002.
Q: Can I use an old UBGB or DBGB IFSC for transfers?
A: No. Old UBGB and DBGB IFSC codes have been revoked after the merger. Use the current IFSC PUNB0MBGB06 for any transactions to branches affected by the merger.
Q: What if I enter the wrong IFSC?
A: If the IFSC does not match an existing branch, the transfer will usually fail or be rejected. If it matches another branch, funds may go to the wrong account—contact your bank immediately. Banks can sometimes recover funds, but it takes time and cooperation from both banks.
Q: How quickly do NEFT, RTGS and IMPS transfers arrive?
A: IMPS is instant and available 24×7 from most banks. NEFT and RTGS timing can vary by bank and by the time you initiate the transfer; banks may have cut-off times or batch processing for NEFT. Check with your bank for exact ceilings and timelines for high-value RTGS transfers or for cut-offs on holidays.
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.