The Bihar Gramin Bank branch at Jhanjharpur Bazar is located in Madhubani district of Bihar (PIN 847404). This IFSC code is required when you send or receive electronic funds through NEFT, RTGS or IMPS. Using the correct IFSC ensures your payment is routed to the right bank and branch and reduces failed or delayed transfers.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Jhanjharpur Bazar |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100388 |
| Branch Address | Jhanjharpur Bazar, MADHUBANI, 847404, 9297954948 |
| Contact Number | 9297954948 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | JHANJHARPUR |
| Pincode | 847404 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into Punjab National Bank (PNB). As part of that consolidation, affected rural bank branches now use the single IFSC code PUNB0MBGB06 under Punjab National Bank for electronic payments. Old UBGB/DBGB IFSC codes have been revoked. Use only the new IFSC PUNB0MBGB06 for NEFT, RTGS or IMPS transactions to this branch.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to route electronic payments to a specific bank branch.
- First 4 characters: Bank code (letters). Example: PUNB = Punjab National Bank.
- 5th character: Always 0 (reserved).
- Last 6 characters: Branch identifier (can be letters and/or numbers). Example: MBGB06 in PUNB0MBGB06.
How to Use IFSC Code
Follow these steps when making NEFT, RTGS or IMPS transfers to this branch.
- Collect details: Beneficiary name, account number, IFSC PUNB0MBGB06, and branch name (Jhanjharpur Bazar).
- Log in to your bank channel: Use internet banking, mobile app, ATM or visit a branch counter.
- Add beneficiary: In the “Add Payee / Beneficiary” screen, enter the account number and IFSC. Double-check spelling and numbers.
- Verification: Many banks require beneficiary activation (OTP or a cooling period of a few minutes to 24 hours depending on bank policy).
- Make the transfer: Choose NEFT, RTGS or IMPS. Enter amount and purpose. Confirm and authenticate (OTP / transaction password).
- Processing times and limits: IMPS is immediate and available 24×7 (limits depend on your bank, often up to ₹2 lakh per day). NEFT and RTGS are also available 24×7; RTGS is typically used for high-value transactions (minimum ₹2 lakh often applies). Check your bank for exact limits and charges.
- Record the transaction ID: Save UTR / reference number for tracking or reconciliation.
Benefits of Knowing the IFSC
- Ensures funds reach the correct branch and account without manual routing.
- Reduces failed transactions and the need for reversal work.
- Needed to add beneficiaries in internet banking and mobile apps.
- Speeds up reconciliation for businesses and accountants.
- Required for automated credit like salaries, pensions and vendor payments.
Contact
Branch phone no: 9297954948
Branch Address: Jhanjharpur Bazar, MADHUBANI, 847404
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 for transfers to this branch?
A: No. Old UBGB and DBGB IFSCs have been revoked after the merger. Use only the new IFSC PUNB0MBGB06 for successful transactions.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC does not match the account number, the transfer may fail or be routed to the wrong branch. Banks typically validate account number vs IFSC; a mismatch can cause rejection or delay. If money is debited incorrectly, contact your bank immediately with the UTR for investigation.
Q: Is IFSC the same as MICR?
A: No. IFSC routes electronic transfers. MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque processing. For electronic transfers, IFSC is required; MICR is not.
Q: How long does a NEFT/RTGS/IMPS transfer to this IFSC take?
A: IMPS is instant (seconds). NEFT and RTGS are available 24×7; settlement is typically immediate or within a few minutes, but can vary by bank and amount. RTGS is used for high-value instant transfers. Always keep the UTR for tracking.
Q: I don’t know the beneficiary’s branch address. Can I still transfer with IFSC and account number?
A: Yes. For electronic transfers, the IFSC and correct account number are the essential details. Branch address is helpful but not mandatory.
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.