Saidpur is a town in Khagaria district of Bihar, PIN 851214. It serves local residents and businesses for banking and remittance needs. For electronic fund transfers such as NEFT, RTGS and IMPS, the IFSC code is essential: it tells the payment system the exact bank and branch to route money to. Using the correct IFSC speeds up settlements and reduces the risk of failed or misrouted transfers.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Saidpur |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 3523 |
| Branch Address | Saidpur, Khagaria, 851214, 8102918688 |
| Contact Number | 8102918688 |
| City | Khagaria |
| District | Khagaria |
| Reason | BEGUSARAI |
| Pincode | 851214 |
| State | Bihar |
Merger Update
Important: The branches of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been consolidated under a single sponsor arrangement with Punjab National Bank. All legacy UBGB and DBGB IFSC codes have been revoked. Transactions should now use the single, current IFSC PUNB0MBGB06. If you attempt transfers using old UBGB or DBGB IFSC codes, the transaction will be rejected or delayed. Always confirm the IFSC before initiating a fund transfer.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to identify bank branches for electronic payments. The structure is:
- First 4 characters – Bank code (letters). Example: PUNB = Punjab National Bank.
- 5th character – Always 0 (reserved).
- Last 6 characters – Branch identifier (alphanumeric). Example: in PUNB0MBGB06, MBGB06 identifies the specific branch.
How to Use IFSC Code (NEFT, RTGS, IMPS)
- Open your bank’s internet banking, mobile app or visit the branch counter.
- Choose the transfer type: NEFT, RTGS or IMPS. (IMPS is typically for instant, small-value transfers; RTGS is preferred for large-value, urgent transfers; NEFT suits regular transfers.)
- Add a beneficiary by entering: beneficiary name, account number, and IFSC PUNB0MBGB06. You can also enter branch name (Saidpur) for clarity.
- Verify the IFSC visually: confirm the first four letters match the bank (PUNB) and the branch identifier matches what you expect.
- Submit the mandate. For NEFT/RTGS, confirm any minimum/maximum limits as per your bank’s rules. For IMPS, transfers are usually immediate and available 24×7.
- Complete any OTP/2FA prompts required by your bank to finalize the transfer.
- Keep the transaction reference number for tracking and reconciliation.
Benefits of Knowing the IFSC
- Ensures funds are routed to the exact branch and account without manual intervention.
- Reduces failed or returned transactions caused by incorrect branch details.
- Speeds up processing: electronic systems validate the IFSC before settlement.
- Required for both inward and outward electronic transfers (NEFT, RTGS, IMPS).
- Helps customer service quickly locate and resolve transfer issues using branch identifiers.
Contact
Branch Phone: 8102918688
Branch Address: Saidpur, Khagaria, 851214
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only valid IFSC for this Saidpur branch?
A: Yes. Following the consolidation under Punjab National Bank, PUNB0MBGB06 is the valid IFSC for transactions. Legacy IFSCs from UBGB/DBGB have been revoked.
Q: What happens if I enter the wrong IFSC but the correct account number?
A: Banks use IFSC to route to the intended branch. If the IFSC does not match the account number, the transfer may be rejected or returned. In some cases, the receiving bank may still credit the account if they can reconcile details, but this causes delays. Always verify both account number and IFSC.
Q: How do I confirm the IFSC before making a transfer?
A: Confirm the IFSC from the passbook, account statement, bank chequebook, or by calling the branch at 8102918688. Also use your bank’s beneficiary addition screen which often fetches branch details once you enter the IFSC.
Q: What is the difference between IFSC and MICR?
A: IFSC (11 characters) is used for electronic transfers (NEFT/RTGS/IMPS). MICR (usually a 9-digit code) is used primarily for cheque processing by the clearing system. Both identify branches, but they serve different operational processes.
Q: Can I use this IFSC for inward international remittances?
A: International inward transfers typically require SWIFT/BIC codes in addition to local bank and branch details. IFSC is used for domestic electronic routing. Check with the remitting bank or beneficiary bank for the exact combination of SWIFT, account number, and branch details needed.
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.