Bihar Gramin Bank Piri Bazar IFSC Code

The Piri Bazar branch is located in Lakhisarai district of Bihar (Pincode 811112). This IFSC code is used to route electronic fund transfers to and from the branch for NEFT, RTGS and IMPS. Using the correct IFSC ensures the payment reaches the intended branch and account quickly and without reversal delays.

Bihar Gramin Bank Piri Bazar IFSC Code

Bank Name	Bihar Gramin Bank
Branch Name	Piri Bazar
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3119
Branch Address	Piri Bazar, Lakhisarai, 811112, 8102918585
Contact Number	8102918585
City	Lakhisarai
District	Lakhisarai
Reason	JAMUI
Pincode	811112
State	Bihar

Merger Update

Note: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into Punjab National Bank. After the merger these branches operate under Punjab National Bank IFSC codes. The valid IFSC for this branch is PUNB0MBGB06. Old UBGB/DBGB IFSC codes have been revoked and will not work for transactions. Always use the new IFSC (PUNB0MBGB06) for NEFT, RTGS and IMPS transfers to this branch.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in electronic payments. The structure is fixed:

• First 4 characters = bank code (alphabetic). Example: PUNB = Punjab National Bank.
• 5th character = zero (0). It is reserved for future use.
• Last 6 characters = branch code. Example: MBGB06 identifies the Piri Bazar branch under PUNB0.

So for this branch: PUNB0MBGB06 = PUNB (bank) + 0 + MBGB06 (branch).

How to Use IFSC Code

1. Open your bank’s netbanking portal or mobile app and choose NEFT/RTGS/IMPS or the ‘Fund Transfer’ option.
2. Select ‘Add new beneficiary’ and enter the beneficiary name exactly as on the account.
3. Enter the beneficiary account number and the IFSC: PUNB0MBGB06. Double-check for typing errors.
4. Save the beneficiary. Your bank may require verification (OTP or debit-auth). Complete the verification step.
5. Initiate the transfer by selecting the saved beneficiary, entering the amount and purpose, and authorizing the payment (OTP/password).
6. Note transfer characteristics: IMPS is instant and available 24×7 for small-value and immediate transfers; NEFT is suitable for regular transfers; RTGS is for high-priority/high-value transfers. Always confirm your bank’s timing and limits when scheduling transfers.

Benefits of Knowing the IFSC

• Ensures funds are routed to the correct branch and account without manual intervention.
• Speeds up transfers and reduces rejected or returned transactions.
• Required to add beneficiaries in internet and mobile banking platforms.
• Helps in reconciling payments using MICR and branch codes.
• Simplifies electronic payments for salaries, vendor payouts and personal transfers.

Contact

Branch phone no: 8102918585

Branch Address: Piri Bazar, Lakhisarai, 811112, 8102918585

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free no: 18001807777

FAQs

Q: Can I use any old UBGB or DBGB IFSC code to send money to this branch?
A: No. Old UBGB/DBGB IFSC codes have been revoked after the merger. Use the current IFSC PUNB0MBGB06 to ensure the transfer reaches the account.

Q: What if I enter the wrong IFSC when adding a beneficiary?
A: If the wrong IFSC points to another valid branch, the funds may go to that branch and could be hard to recover. If the IFSC is invalid, the transaction will usually be rejected. Contact your bank immediately with transaction details to start a trace or reversal.

Q: Is IFSC the same as MICR?
A: No. IFSC identifies the branch for electronic transfers. MICR (Magnetic Ink Character Recognition) code is used mainly for processing physical cheques. For electronic transfers use IFSC; MICR is useful for cheque clearance and reconciliation.

Q: Can I use this IFSC for IMPS, NEFT and RTGS?
A: Yes. The IFSC PUNB0MBGB06 is valid for IMPS, NEFT and RTGS transactions directed to this branch.

Q: How long does a failed transfer take to get reversed?
A: Reversal time varies. If the transaction is rejected by the receiving system, banks typically reverse funds within a few hours to a few working days. If a transfer goes to the wrong account, the bank will need consent from the beneficiary or a court order in some cases. Contact your bank and provide the transaction UTR/Reference number for a faster resolution.