Bihar Gramin Bank Asharganj IFSC Code

Bihar Gramin Bank Asharganj IFSC Code
This branch sits in Asharganj, Munger (Monghyr), Bihar (PIN 813201). For electronic fund transfers—NEFT, RTGS, IMPS—the IFSC code identifies the bank and the specific branch. Entering the correct IFSC ensures funds route to the right account and prevents delays or reversals.

Branch Details

Merger Update

The region’s rural banks underwent consolidation. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into Punjab National Bank’s structure. The unified, valid IFSC for the merged entities is PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked. For NEFT/RTGS/IMPS, use only the new IFSC PUNB0MBGB06 to avoid failed or returned transactions.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used for electronic payments in India. Its structure is:

• First 4 characters: Bank identifier (for example, “PUNB” = Punjab National Bank).
• 5th character: Always “0” (reserved for future use).
• Last 6 characters: Branch identifier (alphanumeric), unique to each branch.

Example: In PUNB0MBGB06, “PUNB” denotes Punjab National Bank, “0” is the fixed character, and “MBGB06” is the branch-specific part.

How to Use IFSC Code

Steps when transferring funds via NEFT, RTGS or IMPS:

1. Open your bank’s netbanking or mobile app. Choose fund transfer and pick NEFT, RTGS or IMPS.
2. Add a beneficiary. Enter the beneficiary name exactly as on their bank account.
3. Enter the beneficiary account number.
4. Enter the IFSC code PUNB0MBGB06 for Bihar Gramin Bank, Asharganj branch.
5. Verify branch name shown by the app matches “Bihar Gramin Bank, Asharganj” (if displayed).
6. Enter the transfer amount and purpose. Confirm limits: RTGS is for high-value transfers (typically used for ₹2 lakh and above; check your bank), NEFT has no minimum, and IMPS is instant and available 24×7 (limits set by the bank).
7. Confirm the transfer and note the transaction reference number for tracking.

Benefits of Knowing the IFSC

• Accurate routing: Ensures money reaches the intended branch and account.
• Saves time: Speeds up beneficiary setup in digital banking.
• Prevents failures: Using the revoked or wrong IFSC can lead to returned funds and delays.
• Works across systems: Same IFSC used for NEFT, RTGS and IMPS transfers.
• Helps reconciliation: Corporates and merchants use IFSC for bulk payout automation.

Contact

Branch Phone: 8102918716

Branch Address: Asharganj, Munger (Monghyr), 813201

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free no: 18001807777

FAQs

• Q: Is PUNB0MBGB06 the only valid IFSC for this branch?

  A: Yes. PUNB0MBGB06 is the valid IFSC to be used for Bihar Gramin Bank, Asharganj. Old IFSC codes from pre-merger banks are revoked.

• Q: Can I use this IFSC for NEFT, RTGS and IMPS?

  A: Yes. The IFSC is used across NEFT, RTGS and IMPS. Choose the transfer mode based on amount and urgency.

• Q: What if I enter the wrong IFSC?

  A: If the IFSC does not match the account’s bank or branch, the transaction may fail or be routed incorrectly. Always verify the IFSC and beneficiary details before confirming.

• Q: Who do I contact if a transfer to this IFSC fails?

  A: Contact the branch at 8102918716 and your sending bank’s customer care with the transaction reference. Provide timestamps and reference numbers to speed resolution.

• Q: Has the bank name changed after merger and does it affect account numbers?

  A: The merger may change the operating bank (now under Punjab National Bank in terms of IFSC usage). Account numbers generally remain the same but verify with your branch. Always use the new IFSC PUNB0MBGB06 for transfers.

Kriti Kumari

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.