Bihar Gramin Bank Parham IFSC Code

Bihar Gramin Bank Parham IFSC Code — The Parham branch is located in Parham village, Munger (Monghyr) district, Bihar, PIN 811201. This IFSC code is required when you send or receive electronic payments such as NEFT, RTGS and IMPS. Using the correct IFSC ensures funds are routed to the exact bank and branch and reduces delays or failed transfers.

Branch Details

Merger Update

The Parham branch now operates under the consolidated setup following regional bank reorganisations. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged with Punjab National Bank’s regional operations. As a result, the valid IFSC for this branch is PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked. Only the new IFSC PUNB0MBGB06 should be used for all NEFT, RTGS and IMPS transactions.

What is an IFSC Code?

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to uniquely identify a bank branch in electronic payment systems. The structure is fixed:

• First 4 characters = bank code (letters). Example: PUNB = Punjab National Bank.
• Fifth character = always 0 (reserved).
• Last 6 characters = branch code (alphanumeric). Example: MBGB06 in PUNB0MBGB06.

How to Use an IFSC Code for NEFT, RTGS, IMPS

• Open your bank’s netbanking portal or mobile app (or visit a branch if required).
• Go to “Add Beneficiary” or “Manage Payees.”
• Enter beneficiary name, account number, account type, and the IFSC PUNB0MBGB06 for Bihar Gramin Bank Parham.
• Verify details carefully and save. The bank may require an OTP or a cooling period for new payees.
• Select the payment method: NEFT, RTGS or IMPS. Note typical rules: IMPS is instant and available 24×7 for smaller amounts; NEFT and RTGS are also generally available round-the-clock but confirm timings and limits with your bank.
• Enter the amount, purpose, and confirm using OTP or transaction PIN.
• Keep the transaction reference number until funds reflect at the beneficiary end.

Benefits of Knowing the IFSC

• Ensures money is routed to the exact bank branch.
• Required for electronic transfers: NEFT, RTGS and IMPS.
• Reduces chances of failed transfers or incorrect routing.
• Makes adding beneficiaries in apps and netbanking quick and accurate.
• Helps customer service trace transactions using branch identifiers.

Contact

Branch Phone: 8102926352

Branch Address: Parham, Munger (Monghyr), 811201

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

Toll Free: 18001807777

FAQs

• Q: Can I use this IFSC for transfers from any bank?

  A: Yes. IFSC is universal for electronic transfers in India. Use PUNB0MBGB06 when sending money to the Parham branch from any bank.

• Q: What happens if I enter the wrong IFSC but correct account number?

  A: If the IFSC does not match the bank or branch of the account number, the transfer may be rejected or routed incorrectly. Banks try to validate account number + IFSC pairs; however, errors can cause delays and may require a formal reversal request.

• Q: Are IFSC codes case-sensitive?

  A: No. IFSC codes are not case-sensitive, but enter them accurately without extra spaces.

• Q: How can I confirm the IFSC before transferring?

  A: Confirm by checking a bank statement, cheque leaf for the branch, or by calling the branch phone (8102926352) or the bank’s toll-free number (18001807777). Always verify if the branch recently merged or changed IFSC.

• Q: What is MICR and do I need it for electronic transfers?

  A: MICR (Magnetic Ink Character Recognition) is used mainly for clearing physical cheques. Electronic transfers use IFSC. The Parham branch MICR is 800811002.

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.