This article provides details about the Muriyari branch of Bihar Gramin Bank, located in the Siwan district of Bihar. Understanding the Indian Financial System Code (IFSC) for this branch is essential for modern banking. The IFSC code is a unique identifier required for electronic fund transfers like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). It ensures that your money reaches the correct recipient bank and branch quickly and securely.
<h2>Branch Details</h2>
<table>
<tr>
<td><b>Bank Name</b></td>
<td>Bihar Gramin Bank</td>
</tr>
<tr>
<td><b>Branch Name</b></td>
<td>Muriyari</td>
</tr>
<tr>
<td><b>IFSC Code</b></td>
<td>PUNB0MBGB06</td>
</tr>
<tr>
<td><b>MICR Code</b></td>
<td>800811002</td>
</tr>
<tr>
<td><b>Branch Code</b></td>
<td>100672</td>
</tr>
<tr>
<td><b>Branch Address</b></td>
<td>Muriyari, SIWAN, 841239</td>
</tr>
<tr>
<td><b>Contact Number</b></td>
<td>9297954585</td>
</tr>
<tr>
<td><b>City</b></td>
<td>SIWAN</td>
</tr>
<tr>
<td><b>District</b></td>
<td>SIWAN</td>
</tr>
<tr>
<td><b>Pincode</b></td>
<td>841239</td>
</tr>
<tr>
<td><b>State</b></td>
<td>Bihar</td>
</tr>
</table>
<h2>Merger Update for Bihar Gramin Bank</h2>
The Muriyari branch, while known as Bihar Gramin Bank locally, now operates under the consolidated entity called <b>Madhya Bihar Gramin Bank (MBGB)</b>. This significant change came about through the merger of two prominent regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Punjab National Bank (PNB) is the sponsor bank for this newly formed Madhya Bihar Gramin Bank.
As a result of this merger, all older IFSC codes previously used by Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) are now <b>revoked and no longer valid</b>. It is crucial to use only the new, updated IFSC code for all your financial transactions. For the Muriyari branch, the valid IFSC code is <b>PUNB0MBGB06</b>. Using any old IFSC code will lead to transaction failures or delays.
<h2>What is an IFSC Code?</h2>
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify all bank branches participating in electronic funds transfers in India. It’s like a digital address for a specific bank branch.
The structure of the IFSC code is straightforward:
<ul>
<li>The <b>first four characters</b> represent the bank name. For PUNB0MBGB06, ‘PUNB’ stands for Punjab National Bank, the sponsor bank of Madhya Bihar Gramin Bank.</li>
<li>The <b>fifth character</b> is always ‘0’ (zero). This is a control character reserved for future use.</li>
<li>The <b>last six characters</b> identify the specific branch. In ‘MBGB06’, ‘MBGB’ signifies Madhya Bihar Gramin Bank, and ’06’ denotes the Muriyari branch.</li>
</ul>
<h2>How to Use the IFSC Code</h2>
The IFSC code is indispensable for various electronic fund transfer methods. Here’s how you use it:
<h3>For NEFT (National Electronic Funds Transfer)</h3>
NEFT allows for transfers in batches, typically processed hourly.
<ul>
<li><b>Add Beneficiary:</b> Log into your online banking or visit your bank branch.</li>
<li><b>Enter Details:</b> Provide the beneficiary’s name, account number, bank name (Madhya Bihar Gramin Bank), and the IFSC code (PUNB0MBGB06).</li>
<li><b>Confirm:</b> Verify all details before confirming the transfer. The money will be processed in the next available NEFT batch.</li>
</ul>
<h3>For RTGS (Real Time Gross Settlement)</h3>
RTGS is for high-value transactions (usually above Rs. 2 lakh) and processes funds individually and continuously throughout the working day.
<ul>
<li><b>Initiate Transfer:</b> Access your internet banking portal or visit your bank.</li>
<li><b>Provide Information:</b> Input the beneficiary’s name, account number, the amount, bank name (Madhya Bihar Gramin Bank), and the IFSC code (PUNB0MBGB06).</li>
<li><b>Authorize:</b> Complete the authorization process. The funds are transferred almost immediately.</li>
</ul>
<h3>For IMPS (Immediate Payment Service)</h3>
IMPS allows for instant, 24/7 fund transfers, even on holidays, typically through mobile banking apps.
<ul>
<li><b>Open App:</b> Launch your mobile banking app.</li>
<li><b>Select IMPS:</b> Choose the IMPS option.</li&
<li><b>Enter Beneficiary Details:</b> Input the beneficiary’s mobile number, MMID (Mobile Money Identifier) or account number, and the IFSC code (PUNB0MBGB06).</li>
<li><b>Transfer Funds:</b> Enter the amount and confirm the transaction. The money is transferred instantly.</li>
</ul>
<h2>Benefits of Knowing the IFSC Code</h2>
Having the correct IFSC code at hand offers several advantages:
<ul>
<li><b>Ensures Accuracy:</b> Guarantees that funds are directed to the specific intended bank branch, preventing misdirection of money.</li>
<li><b>Facilitates Quick Transfers:</b> Enables swift processing of NEFT, RTGS, and IMPS transactions, ensuring timely receipt of funds.</li&
<li><b>Enhances Security:</b> Adds a layer of security by uniquely identifying each branch, reducing the risk of fraudulent transfers.</li>
<li><b>Supports Online Banking:</b> It is a fundamental requirement for almost all digital banking transactions involving transfers to other banks.</li>
<li><b>Saves Time:</b> Avoids delays and complications that arise from using incorrect or outdated bank details.</li>
</ul>
<h2>Contact Information</h2>
If you need to get in touch with the bank or have further queries, here are the relevant contact details:
<h3>Muriyari Branch Contact:</h3>
<p><b>Phone Number:</b> 9297954585<br>
<b>Address:</b> Muriyari, SIWAN, Pincode – 841239, State – Bihar</p>
<h3>Head Office Contact (Madhya Bihar Gramin Bank):</h3>
<p><b>Address:</b> SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR<br>
<b>Toll-Free Number:</b> 18001807777</p>
<h2>Frequently Asked Questions</h2>
<h3>1. What is the full name of the bank associated with the IFSC code PUNB0MBGB06?</h3>
<p>The full name of the bank is Madhya Bihar Gramin Bank, which is sponsored by Punjab National Bank. The “PUNB” in the IFSC code refers to the sponsor bank.</p>
<h3>2. Can I still use an old IFSC code for transactions to the Muriyari branch?</h3>
<p>No, you cannot. Due to the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) into Madhya Bihar Gramin Bank, all old IFSC codes belonging to UBGB and DBGB have been revoked. You must use the new IFSC code, PUNB0MBGB06, for all transfers to the Muriyari branch.</p>
<h3>3. Is the Muriyari branch of Bihar Gramin Bank still operational after the merger?</h3>
<p>Yes, the Muriyari branch is fully operational. It continues to provide banking services but now functions under the umbrella and new IFSC structure of Madhya Bihar Gramin Bank.</p>
<h3>4. How can I confirm the correct IFSC code for a Bihar Gramin Bank branch?</h3>
<p>You can confirm the correct IFSC code by checking your bank passbook or cheque book. It is also available on the official website of Madhya Bihar Gramin Bank or through the Punjab National Bank’s website. If in doubt, contacting the branch directly or calling the bank’s toll-free number is recommended.</p>
<h3>5. What happens if I use an incorrect IFSC code during a transaction?</h3>
<p>If you use an incorrect IFSC code, the transaction will likely fail and the funds will not be transferred. In some cases, if the incorrect code belongs to an existing but different branch, the transaction might go through to the wrong destination, causing significant delays and complications in recovery. Always double-check the IFSC code before initiating a transfer.</p>
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.