The Bihar Gramin Bank branch at Paitghat is located in Paitghat village, Madhubani district, Bihar (PIN 847424). This branch serves local residents and businesses in and around Jhanjharpur and Madhubani. For electronic fund transfers—NEFT, RTGS, and IMPS—the correct IFSC code is essential. The IFSC routes your transfer to the exact bank and branch. A wrong or revoked IFSC can delay payments or return funds. Always confirm the current IFSC before initiating any fund transfer.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | Paitghat |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100345 |
| Branch Address | Paitghat, MADHUBANI, 847424, 9297954952 |
| Contact Number | 9297954952 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | JHANJHARPUR |
| Pincode | 847424 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged under Punjab National Bank. All former UBGB and DBGB branch IFSC codes have been revoked. The unified and valid IFSC for this Paitghat branch is PUNB0MBGB06. Use only this IFSC for NEFT, RTGS and IMPS transfers. Transactions attempted with old UBGB or DBGB IFSCs will be rejected or returned.
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 fixed:
- First 4 characters: Bank identifier (example: PUNB = Punjab National Bank).
- 5th character: Always ‘0’ (reserved for future use).
- Last 6 characters: Branch identifier (example: MBGB06 identifies the Paitghat branch under the merged arrangement).
So, for Paitghat: PUNB (bank) + 0 + MBGB06 (branch) = PUNB0MBGB06.
How to Use IFSC Code for NEFT, RTGS, IMPS
- Open your bank’s netbanking or mobile banking app and select “Transfer” or “Funds Transfer.”
- Choose the transfer type: NEFT for most transfers, RTGS for high-value real-time transfers (minimum RTGS limits apply), or IMPS for immediate 24×7 transfers.
- Add the beneficiary: enter beneficiary name, account number, and the IFSC code PUNB0MBGB06.
- Verify the beneficiary details shown by the bank after entering the IFSC. Confirm the branch name (Paitghat) before proceeding.
- Enter amount and purpose. Check transfer limits and charges applicable for your bank and the chosen service.
- Authenticate the transaction using OTP, debit card PIN, or netbanking credentials as required.
- Save the beneficiary for future transfers only after verifying one successful transfer for safety.
Benefits of Knowing the Correct IFSC
- Ensures funds reach the exact branch and account without delay.
- Reduces failed transactions and bank return fees.
- Necessary for automated payments like salaries, vendor payments, and refunds.
- Helps verify beneficiary details when adding payees online.
- Useful for reconciliation: combining IFSC with MICR and branch code speeds up dispute resolution.
Contact
Branch Phone: 9297954952
Branch Address: Paitghat, MADHUBANI, 847424
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 to transfer funds?
A: No. Old UBGB/DBGB IFSCs have been revoked after the merger. Use the new IFSC PUNB0MBGB06 for transfers to this branch.
Q: What if I enter an incorrect IFSC but correct account number?
A: Banks route transfers primarily using IFSC. If the IFSC points to a different bank/branch, the transfer may fail or be returned. If the IFSC is invalid, the transaction will be rejected. Always confirm both IFSC and account number.
Q: How quickly will funds arrive using NEFT/RTGS/IMPS?
A: IMPS is instant (24×7). RTGS is real-time during RTGS hours and used for high-value transfers. NEFT runs in hourly or half-hourly batches depending on RBI timings; same-day processing is common for NEFT initiated within banking hours.
Q: How can I verify the IFSC before sending money?
A: Verify with the beneficiary (ask them to confirm branch and IFSC), check a recent bank cheque leaf, bank passbook, or call the branch phone (9297954952). Use only official bank channels; do not rely on third-party unverified sources.
Q: What should I do if a transfer to Paitghat branch is delayed or failed?
A: Note the transaction reference number. Contact your bank with the reference and beneficiary details. You can also call the Paitghat branch at 9297954952 or the head office/toll-free 18001807777 for escalation. Keep evidence like screenshots and timestamps ready.
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.