Siswar is a village in Madhubani district, Bihar. This branch serves local residents and small businesses in and around Siswar, PIN 847409. For electronic fund transfers—NEFT, RTGS and IMPS—the correct IFSC code is essential. The IFSC uniquely identifies the bank and branch. Entering the right IFSC ensures funds route to the intended account quickly and without rejection or delay.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Siswar |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100376 |
| Branch Address | Siswar, MADHUBANI, 847409, 9297954953 |
| Contact Number | 9297954953 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | JHANJHARPUR |
| Pincode | 847409 |
| State | Bihar |
Merger Update
Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been consolidated under Punjab National Bank’s sponsorship. As part of that reorganisation, the Siswar branch now uses the single IFSC code PUNB0MBGB06 for all electronic transfers. Old UBGB/DBGB IFSC codes have been revoked. For NEFT, RTGS or IMPS transactions, use only the new IFSC. Transfers attempted with deprecated IFSC codes may fail or be returned.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies each bank branch participating in electronic payments. The structure is:
- First 4 characters: Bank identifier (e.g., PUNB = Punjab National Bank).
- 5th character: Always ‘0’ (reserved).
- Last 6 characters: Branch identifier (alphanumeric), specific to the branch.
Example breakdown for this branch: PUNB (bank) + 0 + MBGB06 (branch) = PUNB0MBGB06.
How to Use IFSC Code
Follow these steps when sending or receiving money to the Siswar branch:
- Open your bank’s internet banking or mobile app, or visit an ATM/branch service that supports electronic transfers.
- Choose the transfer type: NEFT, RTGS or IMPS. (Use RTGS for high-value, usually above ₹2,00,000; IMPS and NEFT are available for lower amounts and IMPS is instant 24×7.)
- Add beneficiary / payee details: beneficiary name, account number, and the IFSC PUNB0MBGB06. Enter the MICR only if cheque processing is involved.
- Verify the IFSC and account number carefully before saving the beneficiary. A single wrong character can route or block the payment.
- Authorize the transfer using OTP or transaction password. Note the transaction reference number for tracking.
- If you have recurring payments, update saved beneficiaries if the branch IFSC changes in future (unlikely unless another reorganisation occurs).
Benefits of Knowing the IFSC
- Ensures fast electronic routing of funds to the correct bank branch.
- Prevents failed transactions and reduces processing delays or returns.
- Required to add beneficiaries for NEFT, RTGS and IMPS in internet banking and mobile apps.
- Helps bank staff verify and reconcile transactions (IFSC plus MICR and branch code provide cross-checks).
- Useful for vendors and employers who make bulk transfers to local accounts.
Contact
Branch Phone: 9297954953
Branch Address: Siswar, MADHUBANI, 847409
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only valid IFSC for Siswar branch?
A: Yes. After the merger and re-coding, PUNB0MBGB06 is the valid IFSC for transactions. Old UBGB/DBGB IFSCs have been revoked.
Q: What happens if I enter a wrong IFSC but correct account number?
A: Most systems validate both IFSC and account number. A wrong IFSC can cause the transfer to be rejected or sent to a different branch. Always confirm both details with the beneficiary before sending.
Q: Which code should I use for cheque processing — IFSC or MICR?
A: Cheques use the MICR code (800811002) for clearing. IFSC is used for electronic transfers. Keep both handy: MICR for cheques, IFSC for NEFT/RTGS/IMPS.
Q: Can I use IFSC for UPI transfers?
A: UPI typically uses a Virtual Payment Address (VPA) and not IFSC. However, IFSC is required when you link a bank account manually in some banking apps or when adding beneficiaries for bank-to-bank transfers.
Q: How can I verify the IFSC before making a large transfer?
A: Verify by contacting the branch at 9297954953 or using the bank’s customer care (toll free 18001807777). Also confirm with the beneficiary. For high-value transfers, consider a small test transfer first.
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.