Chahuta is a village in Madhubani district of Bihar (PIN 847304). This article gives details for the Bihar Gramin Bank, Chahuta branch and explains the IFSC code you must use for electronic fund transfers. The IFSC (Indian Financial System Code) is essential when sending money via NEFT, RTGS or IMPS. It tells the payment system which bank and which branch should receive the funds, so you must use the correct IFSC to avoid delays or failed transfers.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
|---|---|
| Branch Name | Chahuta |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100389 |
| Branch Address | Chahuta, MADHUBANI, 847304, 9297954845 |
| Contact Number | 9297954845 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | MADHUBANI |
| Pincode | 847304 |
| State | Bihar |
Merger Update
The IFSC PUNB0MBGB06 reflects consolidation under Punjab National Bank. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged into a single entity operating with PNB systems. As a result, old UBGB/DBGB IFSC codes have been revoked. For all NEFT, RTGS and IMPS transfers to branches formerly under UBGB or DBGB, you must use the new IFSC PUNB0MBGB06. Transactions attempted with revoked/old IFSC codes may fail or be returned.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character code used to route electronic payments to a specific bank branch. The structure is fixed:
- First 4 characters: Bank identifier. Example: PUNB = Punjab National Bank.
- 5th character: Always the digit 0 (reserved).
- Last 6 characters: Branch identifier. Example: MBGB06 identifies the merged branch code in this IFSC.
So, for PUNB0MBGB06: PUNB = Punjab National Bank, 0 = reserved, MBGB06 = branch code.
How to Use IFSC Code
Follow these steps when you make a transfer by NEFT, RTGS or IMPS:
- Open your bank’s netbanking or mobile app and choose the transfer type (NEFT / RTGS / IMPS).
- Add a new beneficiary. Enter the beneficiary name exactly as per their bank account records.
- Enter the beneficiary account number carefully. Use copy-paste only if you verify digits; do not guess.
- Enter the IFSC code: PUNB0MBGB06 for Bihar Gramin Bank, Chahuta branch.
- Enter the amount and purpose. Select NEFT, RTGS or IMPS depending on speed and amount (RTGS for high-value; IMPS for immediate small-value transfers; NEFT for normal transfers).
- Confirm beneficiary details and authorize the transfer using OTP or bank token. Keep the transaction reference for tracking.
Note: Check your bank’s limits and cut-off rules. RTGS is typically used for large transfers and sometimes has a minimum amount (often ₹2 lakh). IMPS is instant and available for smaller amounts. If you’re unsure, confirm with the sending bank.
Benefits of Knowing the Correct IFSC
- Accurate routing: Ensures funds reach the exact branch and account without manual intervention.
- Faster settlement: Correct IFSC prevents rejections and speeds up NEFT/RTGS/IMPS processing.
- Reduced errors: Using the right IFSC lowers the chance of money being returned or delayed.
- Required for adding beneficiaries: Banks require IFSC to register beneficiaries for online transfers.
- Compliance and reconciliation: Correct codes help banks reconcile inward credits quickly and reduce operational complaints.
Contact
Branch Phone: 9297954845
Branch Address: Chahuta, MADHUBANI, 847304
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only IFSC I should use for Chahuta branch?
A: Yes. After the merger and re-badging under Punjab National Bank, PUNB0MBGB06 is the valid IFSC for transactions. Old IFSCs from UBGB or DBGB are revoked.
Q: What happens if I enter a wrong IFSC?
A: If the IFSC does not map to a valid branch, the transfer may be rejected and returned to the sender’s account. If the IFSC maps to a different branch but the account number matches another branch, the bank may still route the funds incorrectly or return them. Always verify both IFSC and account number.
Q: How do NEFT, RTGS and IMPS differ when using the IFSC?
A: All three require the IFSC to route funds. IMPS is instant and available 24×7 for lower amounts. NEFT processes settlements in batches (banks may offer 24×7 NEFT) and is suitable for routine transfers. RTGS is for large-value immediate transfers and is used when higher liquidity and priority are needed.
Q: Can the IFSC change in future?
A: Yes. IFSC can change if banks merge, branches are restructured, or banks re-label systems. When that happens, banks announce the change and provide the new IFSC. After a change, the old IFSC is usually deactivated, so update beneficiary records promptly.
Q: How can I confirm this IFSC before sending money?
A: Confirm the IFSC from the beneficiary’s bank passbook, cheque leaf, or by calling the branch phone number listed above. Your sending bank’s beneficiary validation step will also often verify IFSC format and existence before you finalize the transfer.
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.