The Bihar Gramin Bank branch at Phulwaria Chowk is located in Muzaffarpur, Bihar (Pincode 843112). This IFSC code guide explains the branch details and why the IFSC matters when you send money using NEFT, RTGS or IMPS. The IFSC routes electronic transfers to the exact bank branch. Using the correct IFSC prevents delays, failed transactions and misdirected funds.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Phulwaria Chowk |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 108085 |
| Branch Address | Phulwaria Chowk, MUZAFFARPUR, 843112, 9297955348 |
| Contact Number | 9297955348 |
| City | MUZAFFARPUR |
| District | MUZAFFARPUR |
| Reason | MUZAFFARPUR |
| Pincode | 843112 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged under Punjab National Bank. The merged branches now use the single IFSC PUNB0MBGB06 (under Punjab National Bank) for electronic transfers. Old UBGB and DBGB IFSC codes have been revoked. For NEFT, RTGS and IMPS transactions, only the new IFSC PUNB0MBGB06 is valid. Before initiating a transfer, verify this IFSC with the recipient or the branch to avoid failed transactions.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code that uniquely identifies a bank branch in India for electronic payments. Its structure is:
- First 4 characters — alphabetic bank code (example: PUNB for Punjab National Bank).
- 5th character — always 0 (reserved for future use).
- Last 6 characters — branch identifier (alphanumeric, example: MBGB06 in PUNB0MBGB06).
So in PUNB0MBGB06, PUNB is the bank, 0 is fixed, and MBGB06 points to the Phulwaria Chowk branch under the merged setup.
How to Use IFSC Code
When you make an electronic transfer (NEFT, RTGS or IMPS), follow these steps:
- Select the transfer type on your bank app or internet banking (NEFT / RTGS / IMPS).
- Enter the beneficiary name exactly as on their account.
- Enter the beneficiary account number.
- Enter the IFSC code: PUNB0MBGB06 for Bihar Gramin Bank, Phulwaria Chowk.
- Enter the amount and purpose/remarks required by your bank.
- Verify all details, then confirm and authenticate (OTP / transaction PIN).
- Save the beneficiary after successful transfer for future use (if offered by your bank).
Practical checks: compare the IFSC and account number provided by the beneficiary with the printed bank passbook or bank confirmation. A single wrong digit in the IFSC or account number can cause failure or misdirection of funds.
Benefits of Knowing the IFSC
- Ensures your funds are routed to the exact branch and account.
- Required for NEFT, RTGS and IMPS — without it some banks will not process the transfer.
- Reduces failed transactions and reconciliation time.
- Helps customer service locate transactions quickly (useful for tracing or dispute).
- Useful for setting up beneficiary accounts in netbanking and recurring payments.
Contact
Branch phone no: 9297955348
Branch Address: Phulwaria Chowk, MUZAFFARPUR, 843112
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. After the merger, the valid IFSC for the merged branches under Punjab National Bank is PUNB0MBGB06. Old UBGB or DBGB IFSC codes have been revoked.
Q: What is the difference between IFSC and MICR?
A: IFSC routes electronic transfers (NEFT/RTGS/IMPS). MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque processing. MICR for this branch is 800811002.
Q: What should I do if I enter the wrong IFSC?
A: If the IFSC is wrong but the account number maps to a valid branch, the payment may still succeed or get routed incorrectly. If it fails, contact your bank immediately with transaction reference and beneficiary details so they can trace or reverse the transfer.
Q: Can I use UPI instead of IFSC-based transfer?
A: UPI uses virtual IDs and mobile-based routing; it does not require the beneficiary IFSC. However, account-to-account systems like NEFT/RTGS/IMPS require IFSC for branch-level routing.
Q: Are there timing differences between NEFT, RTGS and IMPS?
A: Yes. IMPS is instant 24×7 for small to medium amounts. NEFT operates in hourly batches on most banking days (many banks now offer near-real-time NEFT too). RTGS is meant for high-value transfers and is typically processed faster; check your bank for current cut-off times and minimum limits (often banks set a typical RTGS threshold around ₹2,00,000 — confirm with your bank).
Q: How can I verify this IFSC before sending funds?
A: Verify with the beneficiary’s bank statement, passbook, the branch phone number (9297955348) or the bank’s customer care (toll free 18001807777). Always confirm before making large 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.