Lakshmimpur is a village/town in Jamui district, Bihar (PIN 811312). This article covers the Bihar Gramin Bank, Lakshmipur branch and the IFSC code you must use for electronic fund transfers. The IFSC (Indian Financial System Code) is essential when sending money via NEFT, RTGS or IMPS. It tells the payment system which bank and branch should receive the funds. Using the correct IFSC helps your transfer complete quickly and avoid returns or delays.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | Lakshmipur |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 3407 |
| Branch Address | Lakshmipur, Jamui, 811312, 8102918611 |
| Contact Number | 8102918611 |
| City | Jamui |
| District | Jamui |
| Reason | JAMUI |
| Pincode | 811312 |
| State | Bihar |
Merger Update
This branch now operates under the consolidated arrangement with Punjab National Bank. Both Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged and their branches now use the single IFSC code PUNB0MBGB06 mapped under Punjab National Bank. Old UBGB and DBGB IFSC codes have been revoked. For fund transfers, beneficiary records must be updated to the new IFSC. Always confirm the IFSC with the branch before sending large or urgent payments.
What is IFSC Code?
The IFSC is an 11‑character code used to route electronic payments in India. The structure is:
- First 4 characters = bank identifier (letters). Example: PUNB = Punjab National Bank.
- 5th character = reserved and is always 0.
- Last 6 characters = branch identifier (alphanumeric) that pinpoints the exact branch. Example in this branch: MBGB06.
So in PUNB0MBGB06, PUNB shows the sponsor bank, 0 is reserved and MBGB06 identifies the Lakshmipur branch after consolidation.
How to Use IFSC Code for NEFT, RTGS, IMPS
- Open your bank’s internet banking site or mobile app and go to “Add Beneficiary” or “Manage Payee”.
- Enter the beneficiary name and account number exactly as provided by the recipient.
- Enter the IFSC: PUNB0MBGB06. Double-check spelling and characters. IFSC is case-insensitive but must match characters.
- Select the transfer method: NEFT, RTGS or IMPS as allowed by your bank and based on urgency and amount.
- Confirm beneficiary details. Complete authentication (OTP, token or netbanking password) to save the payee.
- Initiate the transfer. Note any reference or transaction ID and keep it until the recipient confirms credit.
Benefits of Knowing the IFSC
- Ensures funds route to the correct bank and branch. Reduces failed transfers.
- Required to add a beneficiary for NEFT, RTGS and IMPS.
- Saves time: instant or scheduled transfers proceed without manual intervention.
- Helps verify branch identity when reconciling payments or receiving inward remittance.
- Useful for filling mandates, tax forms, salary credits and vendor payments.
Contact
Branch Phone: 8102918611
Branch Address: Lakshmipur, Jamui, 811312
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: I have an older UBGB IFSC stored. Can I still use it?
A: No. Old UBGB IFSC codes were revoked after the merger. Use the new IFSC PUNB0MBGB06 for all transactions to this branch. Update saved beneficiaries before sending money.
Q: What happens if I enter the wrong IFSC but the account number is correct?
A: The payment system routes by IFSC and account number. If the IFSC points to a different bank branch but the account number does not exist there, the transaction will likely be returned. If the IFSC and account number match another valid account, funds could reach the wrong recipient. Always verify both account number and IFSC.
Q: Is IFSC required for UPI transfers?
A: UPI typically uses a Virtual Payment Address (VPA), not IFSC. However, when you link a bank account in some apps or for certain bank account transfers, the app may use the IFSC to validate the account. For traditional NEFT/RTGS/IMPS you must provide IFSC.
Q: How quickly will money arrive using these methods?
A: IMPS is real-time and available 24×7. NEFT processes in batches and usually completes within a few hours depending on bank timings. RTGS is for high-value, near-real-time settlement during working hours. Actual timings vary by bank and cut-off schedules.
Q: How can I confirm the IFSC before making a large payment?
A: Call the branch at 8102918611 or visit the branch address. You can also confirm with your remitting bank, or request the beneficiary to provide a bank account passbook or cancelled cheque showing the IFSC. When in doubt, delay large transfers until the IFSC is verified.
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.