DURGAWATI BAZAR is a locality in Kaimur (Bhabua) district of Bihar (PIN 821105). For anyone sending or receiving electronic payments to this branch, the correct IFSC code is essential. The IFSC uniquely identifies the bank and branch for NEFT, RTGS and IMPS transfers so funds are routed accurately and quickly.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | DURGawati BAZAR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7353 |
| Branch Address | DURGawATI BAZAR, Kaimur (Bhabua), 821105, 9771464353 |
| Contact Number | 9771464353 |
| City | Kaimur (Bhabua) |
| District | Kaimur (Bhabua) |
| Reason | BHABHUA |
| Pincode | 821105 |
| State | Bihar |
Merger Update
Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged into a single entity under the Punjab National Bank network for electronic clearing. As part of that consolidation, the branch now uses the IFSC code PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked. For NEFT, RTGS and IMPS transfers to this branch use only the new IFSC PUNB0MBGB06.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code that uniquely identifies a bank branch for electronic transfers. Its structure is fixed:
- First 4 characters — Bank identifier (alphabetic). Example: PUNB = Punjab National Bank.
- 5th character — Always zero (reserved for future use).
- Last 6 characters — Branch identifier (alphanumeric). Example: MBGB06 in PUNB0MBGB06 identifies the specific branch.
So, PUNB0MBGB06 breaks down as: PUNB (bank) + 0 (reserved) + MBGB06 (branch code).
How to Use IFSC Code (NEFT, RTGS, IMPS)
- Open your bank’s internet banking, mobile app, or visit the branch for a fund transfer.
- Choose the transfer type: NEFT, RTGS or IMPS. (NEFT and IMPS are for smaller and instant transfers; RTGS is for high-value transfers.)
- Select “Add Beneficiary” or “New Payee”. Enter beneficiary name, account number, and the IFSC: PUNB0MBGB06.
- Enter branch details (DURGawati BAZAR, Kaimur (Bhabua)) and verify the MICR (800811002) if prompted.
- Save the beneficiary. Your bank may require validation time or OTP confirmation before the payee is active.
- After activation, initiate the transfer. Confirm the amount and authorize with OTP or secure PIN.
- Check bank cut-off and limits: IMPS is usually immediate and available 24×7 (subject to bank limits); NEFT and RTGS are also available round-the-clock through most banks, and RTGS typically has a higher minimum (commonly ₹2,00,000) — confirm with your bank for current limits and charges.
- Always double-check the account number and IFSC before confirming the transfer. Mistakes can delay return of funds.
Benefits of Knowing the IFSC
- Ensures funds route to the exact branch and account for NEFT/RTGS/IMPS.
- Reduces correction delays and return charges from failed transfers.
- Needed to add beneficiaries in internet and mobile banking securely.
- Useful when filling online forms for salaries, tax refunds, insurance claims, vendor payments.
- Helps verify branch identity when you have only the account number or MICR.
Contact
Branch Phone No: 9771464353
Branch Address: DURGAWATI BAZAR, Kaimur (Bhabua), 821105
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Can I use the old UBGB or DBGB IFSC for transfers?
A: No. Old UBGB and DBGB IFSC codes have been revoked. Use only PUNB0MBGB06 for this branch.
Q: What happens if I enter a wrong IFSC but correct account number?
A: Electronic clearing routes primarily by IFSC. If IFSC points to a different branch but the account number exists there, funds may go to the wrong branch/account. If the account number does not match, the transfer can fail and be returned. Contact your bank immediately to initiate recovery.
Q: Is MICR required for NEFT/RTGS/IMPS?
A: MICR (800811002) is used for cheque processing. For electronic transfers (NEFT/RTGS/IMPS) IFSC is mandatory; MICR is not required but may be useful for cheque-related transactions.
Q: How do I verify the IFSC before transfer?
A: Verify IFSC on a recent cheque leaf, bank passbook, or by calling the branch number (9771464353) or head office toll-free (18001807777). Also check the branch address and MICR to confirm you have the correct code.
Q: What are typical timelines for NEFT, RTGS and IMPS?
A: IMPS is immediate (real-time). NEFT and RTGS are processed in real time by most banks now and are available round-the-clock, but banks may have internal processing windows and limits. RTGS is typically used for higher-value transfers; confirm current minimum limits and cut-offs with your bank.
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.