The Bihar Gramin Bank branch at J.N. College, Madhubani (PIN 847211) serves personal and business customers in and around Madhubani town, Bihar. For electronic fund transfers (NEFT, RTGS, IMPS) you must use the correct IFSC code so the payment routes to the right bank and branch. Using an incorrect IFSC or account number delays the transfer and can trigger returns or manual intervention by the banks.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | J.N. College |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100857 |
| Branch Address | J.N. College, MADHUBANI, 847211, 9297954849 |
| Contact Number | 9297954849 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | MADHUBANI |
| Pincode | 847211 |
| State | Bihar |
Merger Update
Important: The regional rural banks that previously operated as Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been reorganized under a single arrangement and now operate with the IFSC PUNB0MBGB06 under Punjab National Bank’s sponsor arrangement. Old UBGB/DBGB IFSC codes have been revoked. For any NEFT, RTGS or IMPS transfer to this branch, use only the new IFSC PUNB0MBGB06. Transactions attempted with revoked IFSCs will fail or be delayed.
What is an IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches for electronic transfers.
- First 4 characters: Bank identifier (example: PUNB = Punjab National Bank).
- 5th character: Reserved and is always 0.
- Last 6 characters: Branch identifier (alphanumeric). In PUNB0MBGB06, the last six characters are MBGB06, the specific branch code.
The IFSC tells the payments system which bank and which branch will receive the funds. It is different from the MICR code, which is used for cheque-processing machines.
How to Use the IFSC Code (NEFT, RTGS, IMPS)
Follow these steps when adding a beneficiary and making a transfer from internet banking or a mobile banking app:
- Sign in to your netbanking or mobile banking app and go to “Fund Transfer” or “Manage Beneficiary”.
- Choose the transfer type (NEFT, RTGS or IMPS). Note: RTGS generally applies for high-value transfers (minimum around Rs. 2,00,000; confirm with your bank), NEFT and IMPS have different limits and settlement characteristics.
- Click “Add Beneficiary” and enter: Beneficiary name, account number, account type, and the IFSC code PUNB0MBGB06.
- Save the beneficiary. You will typically receive an OTP or additional authentication; complete it to activate the beneficiary (activation may take a short cooling period depending on the bank).
- Initiate the transfer by selecting the beneficiary, entering the amount, and choosing NEFT/RTGS/IMPS. Confirm details and authorize (OTP/transaction password).
- After sending, note the transaction reference number. For IMPS and RTGS, funds are usually credited immediately; NEFT is settled in scheduled or continuous batches depending on the bank and time of day.
Practical checks before confirming:
- Verify the beneficiary account number and the last 4 digits after the bank confirms the beneficiary.
- Confirm the IFSC visually — avoid auto-fill errors. If a bank communication shows a new IFSC, use the updated code only.
- Check your bank’s transfer limits and charges for NEFT/RTGS/IMPS.
Benefits of Knowing the IFSC
- Makes electronic transfers accurate and faster (correct routing to the precise branch).
- Prevents failed transfers and reduces need for manual reconciliation.
- Required for setting up salaries, vendor payments and regular transfers.
- Helps customer service quickly locate and troubleshoot transactions using the branch code.
- Necessary when filling forms for online banking, investment, or government remittances that require branch identification.
Contact
Branch phone no: 9297954849
Branch Address: J.N. College, MADHUBANI, 847211
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Can I use PUNB0MBGB06 for NEFT, RTGS and IMPS?
A: Yes. Use IFSC PUNB0MBGB06 for NEFT, RTGS and IMPS transfers to the J.N. College branch. Ensure you also enter the correct beneficiary account number.
Q: What happens if I enter a wrong IFSC?
A: If the IFSC points to a different bank/branch and the account number does not match any account there, the transaction will usually fail and the funds will be returned to your account after reconciliation (this can take a few working days). If the wrong IFSC maps to a branch that holds the same account number, there is a risk of misrouting—always double-check. Contact your bank immediately if you suspect an error.
Q: How can I verify the IFSC before sending money?
A: Verify the IFSC on the beneficiary’s cheque leaf, passbook, or by calling the branch at 9297954849. Also confirm via official communications from the bank or the branch’s customer service. Avoid relying on unverified third-party listings.
Q: Are old UBGB or DBGB IFSC codes still valid?
A: No. Old UBGB/DBGB IFSC codes have been revoked after the merger. Use the consolidated IFSC PUNB0MBGB06 for transactions. If you have doubts, confirm with the branch or the head office before initiating a transfer.
Q: How long do transfers take?
A: IMPS is generally instant (24×7). RTGS posts in real time and is suitable for large-value transfers (banks may set a minimum around Rs. 2,00,000). NEFT processing time can range from a few minutes to a few hours depending on the bank’s processing schedule and the time of initiation; many banks now offer NEFT 24×7. Processing may be slower during holidays or if additional verification is needed.
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.