Bihar Gramin Bank M.D.D.M College IFSC Code

M.D.D.M College branch is located in Muzaffarpur city, Muzaffarpur district, Bihar (PIN 842003). This branch serves retail and rural customers in and around the college area. For electronic fund transfers—NEFT, RTGS and IMPS—the branch IFSC is required to route payments correctly. The IFSC identifies the bank and the specific branch so that the payment system can credit the exact account without manual intervention.

Branch Details

Merger Update

Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single entity under Punjab National Bank (PNB) for IT and clearing purposes. As part of that consolidation the unified IFSC for branches in the merged network is PUNB0MBGB06.

Old UBGB and DBGB IFSC codes issued earlier are revoked for payment routing. For NEFT/RTGS/IMPS transactions you must use the new IFSC PUNB0MBGB06. Payments sent to the old IFSC may fail or be returned and can delay credit to the beneficiary.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to uniquely identify a bank branch in electronic payment systems.

• First 4 characters = bank code (example: PUNB for Punjab National Bank).
• 5th character = always 0 (reserved).
• Last 6 characters = branch code (example: MBGB06 in PUNB0MBGB06).

The IFSC enables electronic switches and clearing houses to route messages to the correct branch and avoid manual routing errors.

How to Use IFSC Code (NEFT, RTGS, IMPS)

• Open your bank’s internet banking or mobile app and select the option to add a beneficiary or make a new fund transfer.
• Enter the beneficiary’s name exactly as on the account. Use the correct account number and confirm it.
• Enter the IFSC: PUNB0MBGB06. The app will usually validate that the IFSC format is correct. Some apps also fetch the bank and branch name automatically.
• Choose the transfer mode:
  • IMPS — instant, typically available 24×7 for small and medium value transfers (subject to bank limits).
  • NEFT — online transfer; modern NEFT runs round-the-clock with quick settlement cycles.
  • RTGS — used for high-value transfers and typically settles in real time.
• Enter amount and optional remarks. Confirm one more time before authorizing the payment with OTP or transaction PIN.
• After transfer, save the transaction reference number. Use it to track or for any dispute.

Example (filling a form): Account number: 123456789012, IFSC: PUNB0MBGB06, Beneficiary: Ram Kumar, Bank: Bihar Gramin Bank M.D.D.M College.

Benefits of Knowing the IFSC

• Ensures funds are routed to the exact branch and account without manual intervention.
• Speeds up electronic transfers (fewer returns and manual corrections).
• Helps verify beneficiary details when adding new payees.
• Required for online forms, salary credits, vendor payments and tax payments.
• Used by businesses and payroll systems to automate payments to many accounts.

Contact

Branch phone: 9297955367

Branch Address: M.D.D.M College, MUZAFFARPUR, 842003

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

Toll free no: 18001807777

FAQs

• Q: Can I use the old UBGB or DBGB IFSC for transfers?

  A: No. Old UBGB/DBGB IFSCs have been revoked after the merger. Use the consolidated IFSC PUNB0MBGB06 for all NEFT/RTGS/IMPS transactions to this branch.

• Q: Where can I find the IFSC on a cheque leaf?

  A: The IFSC is usually printed on the top of the cheque near the bank name or at the bottom near the account number. If not present, ask the branch or check your passbook or bank’s official website/app.

• Q: What happens if I enter a wrong IFSC?

  A: If the IFSC does not match a valid branch, the payment will usually be rejected and returned to the remitter’s account. If the IFSC points to a valid but different branch, funds could be credited to the wrong account if account number matches; always verify beneficiary name and account number.

• Q: How quickly will the money be credited?

  A: IMPS is typically instant. NEFT and RTGS are processed quickly in electronic clearing. Exact timing depends on the sending bank’s systems and the chosen method. Keep the transaction reference for tracking.

• Q: How do I verify the IFSC is correct before sending money?

  A: Verify by:

  • Checking the bank branch’s printed cheque leaf or passbook.
  • Confirming with the branch phone number (9297955367).
  • Asking the beneficiary to confirm the IFSC and account details.

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.