Basaith is a village in the Madhubani district of Bihar (PIN 847102). The local Bihar Gramin Bank branch at Basaith serves retail customers, businesses, and remittance flows in the area. For electronic payments — NEFT, RTGS and IMPS — the correct IFSC code is essential. The IFSC routes your transfer to the exact bank and branch. A wrong or outdated IFSC can delay transfers or cause rejections.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | Basaith |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100327 |
| Branch Address | Basaith, MADHUBANI, 847102, 9297954827 |
| Contact Number | 9297954827 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | MADHUBANI |
| Pincode | 847102 |
| State | Bihar |
Merger Update
Important: The Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were restructured into a single system for electronic payments and now use the IFSC PUNB0MBGB06 under Punjab National Bank for routing. Old UBGB/DBGB IFSC codes have been revoked for NEFT/RTGS/IMPS. For any fund transfer to branches previously under UBGB or DBGB, use only the new IFSC PUNB0MBGB06. Transactions attempted with old IFSC codes may be rejected or delayed.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code. Its structure is fixed:
- First 4 characters: bank identifier. Example: PUNB = Punjab National Bank.
- 5th character: always 0 (reserved).
- Last 6 characters: branch identifier. Example: MBGB06 in PUNB0MBGB06.
Together the code directs electronic transfers to a precise branch. IFSC is required for NEFT, RTGS and IMPS payments that use account number routing.
How to Use IFSC Code
- Open your bank’s netbanking, mobile banking app or visit the branch.
- Choose the transfer type: NEFT, RTGS or IMPS.
- Enter beneficiary name and exact bank account number.
- Enter the IFSC: PUNB0MBGB06 for Bihar Gramin Bank, Basaith branch.
- Enter the amount and purpose, then verify details before submission.
- Confirm via OTP or banking authentication method.
Notes on systems:
- NEFT is suitable for most transfers. It has no strict minimum and is widely used for retail payments.
- RTGS is intended for higher-value transfers and is used when you need faster settlement for large amounts.
- IMPS is instant and available 24×7 for immediate small-to-medium transfers. Some banks allow IMPS using account+IFSC; older IMPS flows used MMID/mobile number.
- Always double-check both the account number and IFSC. Banks process by account number; IFSC ensures routing to the correct branch.
Benefits of Knowing the IFSC
- Ensures transfers reach the correct branch and account quickly.
- Prevents delays and failed transactions caused by wrong routing.
- Needed when adding beneficiaries in netbanking or mobile apps.
- Useful for salary credits, vendor payments and government receipts.
- Helps call the branch with correct identifiers if a transaction needs tracing (MICR, branch code, IFSC).
Contact
Branch phone no: 9297954827
Branch Address: Basaith, MADHUBANI, 847102
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
- Q: Can I use an old UBGB IFSC for transfers?
A: No. Old UBGB/DBGB IFSCs have been revoked for electronic payments. Use PUNB0MBGB06 for branches now routed under Punjab National Bank.
- Q: What happens if I enter a wrong IFSC but the correct account number?
A: Banks typically route by account number and branch details. A mismatched IFSC can still cause delays because the clearing system checks both. If the combination fails, the transfer may be rejected and returned to the sender.
- Q: How can I verify the IFSC before sending money?
A: Verify the IFSC from the paying bank’s beneficiary-add screen, your bank’s branch details, or the branch contact (9297954827). Always confirm account number and IFSC with the beneficiary.
- Q: Is IFSC case-sensitive?
A: No. IFSC is not case-sensitive. PUNB0MBGB06, punb0mbgb06 and PunB0MbGb06 are treated the same by banking systems.
- Q: If a branch merges, when should I start using the new IFSC?
A: Start using the new IFSC as soon as the bank announces it or when instructed by your branch. Old codes may be disabled immediately or after a short transition. For UBGB/DBGB related branches, the new code PUNB0MBGB06 is the valid one now.
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.