Bhairabsthan is a branch of Bihar Gramin Bank located in Bhairabsthan village, Madhubani district, Bihar (PIN 847404). For electronic fund transfers such as NEFT, RTGS and IMPS, the IFSC code uniquely identifies this branch on the payment network. Using the correct IFSC prevents failed or delayed transfers and ensures funds reach the right account quickly.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Bhairabsthan |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100328 |
| Branch Address | Bhairabsthan, MADHUBANI, 847404, 9297954902 |
| Contact Number | 9297954902 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | JHANJHARPUR |
| Pincode | 847404 |
| State | Bihar |
Merger Update
Bihar Gramin Bank branches previously operating under Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) have been consolidated under Punjab National Bank for electronic payments. The single, current IFSC for these merged branches is PUNB0MBGB06. Old UBGB and DBGB IFSC codes are revoked. Use only the new IFSC PUNB0MBGB06 for NEFT, RTGS and IMPS transactions to this branch.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character code used to identify bank branches in electronic payment systems. Its structure is fixed:
- First 4 characters – alphabetic bank code (example: PUNB for Punjab National Bank).
- 5th character – always 0 (reserved for future use).
- Last 6 characters – branch identifier (alphanumeric). In this case, MBGB06 identifies the Bhairabsthan branch under the PNB routing scheme.
Note: The MICR code (9 digits, e.g., 800811002) is different. It helps with cheque clearing, not online electronic transfers.
How to Use IFSC Code
- Open your bank’s netbanking, mobile banking app or visit a branch for a transfer.
- Select the transfer type: NEFT, RTGS or IMPS. IMPS is instant and available 24×7. NEFT and RTGS are also available 24×7/365 in India, but confirm bank-specific cut-off or settlement notes for large-value RTGS.
- Choose “Add beneficiary” or “New payee.” Enter beneficiary name, account number, and the IFSC code PUNB0MBGB06.
- Double-check the account number and IFSC. A wrong IFSC can route the payment to the wrong branch or cause rejection.
- After adding the beneficiary, the bank may require a validation period (minutes to hours) or an OTP for approval.
- Once validated, initiate the transfer. Keep the transaction reference number for tracking.
- If a transfer fails or funds aren’t credited within expected time, contact the sending bank with the transaction reference and beneficiary IFSC/account details.
Benefits of Knowing the IFSC
- Accurate routing of electronic payments (NEFT/RTGS/IMPS).
- Faster resolution of failed or delayed transfers when you can provide exact IFSC and branch details.
- Prevents misdirected funds due to branch ambiguity.
- Required when adding beneficiaries in netbanking and mobile apps.
- Useful for automated payrolls, vendor payments and utility transfers tied to a specific branch.
Contact
Branch phone no: 9297954902
Branch Address: Bhairabsthan, MADHUBANI, 847404
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 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 after the merger. Use the current IFSC PUNB0MBGB06 for all electronic transfers to this branch.
Q: What if I enter the wrong IFSC but correct account number?
A: Banks route transactions primarily by IFSC. If the wrong IFSC routes to a different branch, the transfer may be rejected or require manual resolution. Always double-check both account number and IFSC before sending funds.
Q: Is NEFT/RTGS/IMPS available 24×7 for this branch?
A: The national NEFT, RTGS and IMPS systems operate 24×7. However, the receiving bank may have internal processing rules or windows. For urgent large transfers, confirm any bank-specific timelines with the branch.
Q: What is MICR 800811002 used for?
A: The MICR code (800811002) is used in the cheque-clearing process. It is not required for online NEFT/RTGS/IMPS transfers, which use the IFSC.
Q: How long does a transfer take to reach the beneficiary?
A: IMPS is immediate. NEFT transactions are settled in real time 24×7; most receive within minutes. RTGS is for high-value immediate transfers and settles in real time. Delays can occur if bank validation or beneficiary confirmation is pending.
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.