Khajedih is a village in the Madhubani district of Bihar (pin code 847232). This branch serves local residents and small businesses for deposits, withdrawals and fund transfers. For electronic fund transfers—NEFT, RTGS and IMPS—the correct IFSC code is essential. The IFSC identifies the bank and branch in the payment network so money routes to the right account quickly and securely.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Khajedih |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100402 |
| Branch Address | Khajedih, MADHUBANI, 847232, 9297954923 |
| Contact Number | 9297954923 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | JHANJHARPUR |
| Pincode | 847232 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged under Punjab National Bank. As a result, the branch now uses the single IFSC code PUNB0MBGB06 under Punjab National Bank for NEFT, RTGS and IMPS transactions. Old UBGB and DBGB IFSC codes have been revoked. Only the new IFSC PUNB0MBGB06 is valid for electronic transfers. Always confirm this IFSC before initiating a transfer.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It tells the payment system which bank and which branch will receive the funds. The structure is:
- First 4 characters: Bank identifier (example: PUNB = Punjab National Bank)
- 5th character: Always 0 (reserved)
- Last 6 characters: Branch identifier (unique to the branch)
Example: PUNB0MBGB06 breaks down as PUNB (bank) + 0 (reserved) + MBGB06 (branch code used by the payment network).
How to Use IFSC Code
- Open your bank’s netbanking or mobile banking app, or visit the branch for a transfer form.
- Choose transfer type: NEFT, RTGS or IMPS. (NEFT: deferred batches, RTGS: real-time gross settlement, IMPS: instant, 24×7 depending on bank policy.)
- Enter beneficiary name and account number exactly as given by the recipient.
- Enter the IFSC code PUNB0MBGB06 in the IFSC field. Do not substitute spaces or lowercase letters.
- Enter the amount and purpose. Verify charges and limits shown by your bank before confirming.
- Review all details—especially the account number and IFSC—then authorize the payment (OTP or transaction password).
- Keep the transaction reference or UTR for tracking and reconciliation.
Benefits of Knowing the IFSC
- Accurate routing: Ensures funds go to the correct branch and account.
- Faster processing: Correct IFSC reduces failed or returned transfers.
- Essential for digital payments: Required in NEFT, RTGS and IMPS beneficiary forms.
- Useful for cheques and account verification: MICR and IFSC together help clear instruments and reconcile transactions.
- Prevents fraud: Verifying IFSC with the recipient reduces the chance of sending money to the wrong bank.
Contact
Branch phone no: 9297954923
Branch address: Khajedih, MADHUBANI, 847232
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only IFSC I should use for this Khajedih branch?
A: Yes. After the merger, PUNB0MBGB06 is the valid IFSC for this branch under Punjab National Bank. Old UBGB/DBGB IFSCs are revoked and should not be used.
Q: What happens if I enter the wrong IFSC but the correct account number?
A: Most payment systems use IFSC to route the transfer to the right branch. If IFSC does not match the account number, the transfer may fail or be returned. Always verify both the account number and IFSC before sending funds.
Q: Can I use this IFSC for NEFT, RTGS and IMPS?
A: Yes. The IFSC PUNB0MBGB06 is used for NEFT, RTGS and IMPS transactions. Check your bank’s cut-offs and charges for each service.
Q: What is the MICR code for cheque clearing?
A: The MICR code for Khajedih branch is 800811002. MICR helps with cheque processing and clearance through the clearing house.
Q: Are there limits on NEFT, RTGS or IMPS amounts?
A: NEFT has no fixed minimum. RTGS is for high-value transfers and has no mandatory lower limit since regulatory changes—banks may set limits. IMPS limits are set by individual banks (commonly smaller, for instant transfers). Check with your bank for specific daily limits and charges.
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.