Korha is a town in Katihar district, Bihar (PIN 854108). This article covers the Bihar Gramin Bank, Korha branch and its key details. The IFSC code is essential for electronic fund transfers — NEFT, RTGS and IMPS — because it uniquely identifies the bank and branch in the payment network. Using the correct IFSC ensures money is routed to the right branch and speeds up settlement.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Korha |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100824 |
| Branch Address | Korha, KATIHAR, 854108, 9297946881 |
| Contact Number | 9297946881 |
| City | KATIHAR |
| District | KATIHAR |
| Reason | PURNEA |
| Pincode | 854108 |
| State | Bihar |
Merger Update
Several regional rural banks in Bihar were reorganized and their operations were brought under a single IFSC prefix managed by Punjab National Bank. If this Korha branch was earlier operating under Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), note the following:
- Both UBGB and DBGB have been merged and their branches now use the single IFSC code PUNB0MBGB06 under Punjab National Bank for electronic transactions.
- Old UBGB/DBGB IFSC codes have been revoked. They are no longer valid for NEFT, RTGS or IMPS transfers.
- Always use the new IFSC PUNB0MBGB06 when initiating transfers to this branch.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used by RBI and NPCI to route electronic payments.
- First 4 characters: Identify the bank (e.g., “PUNB” = Punjab National Bank).
- 5th character: Always 0 (reserved).
- Last 6 characters: Identify the specific branch within the bank (alphanumeric).
Example: PUNB0MBGB06 — “PUNB” is the bank, “0” reserved, “MBGB06” identifies the Korha branch under the current arrangement.
How to Use IFSC Code
Steps to complete a NEFT / RTGS / IMPS transfer using the IFSC:
- Collect beneficiary details: exact name, account number, and IFSC (PUNB0MBGB06 for Korha).
- Open your bank’s netbanking or mobile app, or visit your branch.
- Choose transfer type: NEFT, RTGS or IMPS. IMPS is instant; NEFT and RTGS depend on service type and bank timings.
- Add beneficiary: enter name, account number and the IFSC code exactly (use uppercase).
- Verify beneficiary (banks may require validation and cooling period for new payees).
- Initiate transfer: enter amount, purpose, and complete authentication (OTP/password).
- Save transaction receipt or reference number for tracking.
Practical notes: confirm beneficiary details before transfer. Check your bank’s charges and transaction limits. For large or urgent payments, use RTGS (real-time settlement) or IMPS for instant credit where supported.
Benefits of Knowing the IFSC
- Ensures funds reach the correct branch and account without manual intervention.
- Required for all electronic transfers: NEFT, RTGS and IMPS.
- Speeds up reconciliation and reduces failed or returned transactions.
- Helps verify branch identity when matching cheques and statements (paired with MICR and branch code).
- Useful when giving payment details for salary, vendor payments or government receipts.
Contact
Branch Phone: 9297946881
Branch Address: Korha, KATIHAR, 854108
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll-free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only IFSC I should use for Korha branch?
A: Yes. Use PUNB0MBGB06 for electronic transfers to this branch. Old UBGB/DBGB IFSCs have been revoked where applicable.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC is invalid, the payment will usually be rejected and refunded. If the IFSC is valid but the account number is wrong, funds could be misdirected; recovery requires bank intervention and may take time. Always verify both IFSC and account number.
Q: What is the MICR code used for?
A: The MICR (Magnetic Ink Character Recognition) code — 800811002 for this branch — is used for cheque clearing and processing. It helps the clearinghouse read cheque details quickly.
Q: Can I use the IFSC for IMPS transfers?
A: Yes. IMPS requires the beneficiary account number and IFSC, and it is typically instant and available 24×7 through mobile or internet banking.
Q: How do I confirm the correct IFSC before sending money?
A: Confirm with the beneficiary, check the bank’s printed documents (chequebook or passbook), or call the branch at 9297946881. Use the head office or toll-free number if you need further confirmation.
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.