Shreepur Hati is a rural branch located in Madhubani district, Bihar (PIN 847231). It serves local residents and businesses for deposits, withdrawals, and fund transfers. For electronic transfers—NEFT, RTGS, and IMPS—the correct IFSC code ensures money reaches the intended branch quickly and without rejection. Entering the right IFSC avoids delays, failed transactions, and manual intervention by the bank.
Branch Details
| Bank Name | Bihar Gramin Bank |
|---|---|
| Branch Name | Shreepur Hati |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 108063 |
| Branch Address | Shreepur Hati, MADHUBANI, 847231, 9297954888 |
| Contact Number | 9297954888 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | MADHUBANI |
| Pincode | 847231 |
| State | Bihar |
Merger Update
Note on bank consolidation: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged under Punjab National Bank’s sponsor arrangement to form a consolidated rural bank network. As a result, branches formerly under UBGB/DBGB now use a single IFSC: PUNB0MBGB06 (the current valid IFSC for transactions). Old UBGB and DBGB IFSC codes have been revoked. Always use the new IFSC code PUNB0MBGB06 when sending funds to Shreepur Hati or any consolidated branch; older codes will not work for NEFT/RTGS/IMPS.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to route electronic payments to bank branches in India. Its format is fixed:
- First 4 characters = bank identifier (letters). Example: PUNB = Punjab National Bank.
- 5th character = always 0 (reserved).
- Last 6 characters = branch identifier (alphanumeric). Example: MBGB06 identifies the Shreepur Hati branch in the consolidated Bihar Gramin Bank network.
So for this branch, PUNB0MBGB06 breaks down to: PUNB | 0 | MBGB06.
How to Use IFSC Code
Use the IFSC when you make NEFT, RTGS, or IMPS transfers. Follow these steps:
- Open your bank’s netbanking portal, mobile app, or visit the branch.
- Select the transfer type: NEFT, RTGS, or IMPS. (Choose RTGS for large-value urgent transfers if your bank requires it; IMPS is instant for mobile/online transfers.)
- Enter beneficiary name and account number exactly as provided by the recipient.
- Enter the beneficiary bank’s IFSC: PUNB0MBGB06 for Shreepur Hati.
- Enter the amount and any message or purpose required by your bank.
- Verify all details on the confirmation screen. A single character error in the account number or IFSC can cause failure or misrouting.
- Authorize the payment using OTP, netbanking token, UPI/biometric (depending on channel).
- Save the transaction reference number. For NEFT, check the beneficiary and transaction status after processing. For IMPS, transfers are instant; for RTGS and NEFT, check settlement times with your bank.
Tip: If your banking form shows branch name after entering IFSC, confirm it reads “Shreepur Hati” or “MADHUBANI” before finalizing.
Benefits of Knowing the IFSC
- Ensures funds are routed to the correct branch and account.
- Reduces failed transactions and delay due to manual corrections.
- Required for filling electronic transfer forms and beneficiary additions.
- Helps verify branch identity shown by the bank’s payment screen.
- Useful when setting up auto-payments, receiving salary, or transferring large sums securely.
Contact
Branch Phone: 9297954888
Branch Address: Shreepur Hati, MADHUBANI, 847231
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll-free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only IFSC I should use now?
A: Yes. For branches consolidated under the Bihar Gramin Bank arrangement, use the new IFSC PUNB0MBGB06. Old UBGB/DBGB IFSCs have been revoked and will not work for NEFT/RTGS/IMPS.
Q: Where can I find the IFSC on a cheque or passbook?
A: The IFSC is usually printed on the cheque leaf near the MICR line and on the first page of your passbook. Banks also display IFSC in the branch details section of the passbook.
Q: What happens if I enter a wrong IFSC or account number?
A: If the IFSC is wrong but maps to a real branch, the transfer may reach a different branch and could fail if the account number does not exist there. If the IFSC is invalid, the transaction will likely be rejected. Contact your bank immediately if you suspect an error; they can initiate a trace or recall. Recovery depends on the recipient bank and time elapsed.
Q: How fast are NEFT, RTGS and IMPS transfers?
A: IMPS is typically instant, 24×7. NEFT and RTGS settlement times depend on system operating hours and bank processing; banks often offer extended and 24×7 NEFT/RTGS windows now, but final credit timing can vary. Check with your bank for current cut-off and settlement information.
Q: What is MICR and Branch Code shown above?
A: MICR (Magnetic Ink Character Recognition) code—here 800811002—is used mainly for cheque clearing. The Branch Code (108063) is an internal identifier used by the bank for routing and branch-level records. These are useful for back-office verification but IFSC is mandatory for electronic fund transfers.
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.