The Bihar Gramin Bank branch at Bhobhi Bazar is located in Nalanda district, Bihar (PIN 803101). This branch serves retail and rural customers for deposits, withdrawals and fund transfers. For electronic fund transfers — NEFT, RTGS and IMPS — the branch’s IFSC code is essential. The IFSC uniquely identifies the bank and branch. Using the correct IFSC ensures money reaches the intended account quickly and without errors.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | BHOBHI BAZAR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7447 |
| Branch Address | BHOBHI BAZAR, Nalanda, 803101, 9771464447 |
| Contact Number | 9771464447 |
| City | Nalanda |
| District | Nalanda |
| Reason | BIHARSHARIF |
| Pincode | 803101 |
| State | Bihar |
Merger Update
This branch operates under Bihar Gramin Bank. Bihar Gramin Bank was formed after the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both former banks now use a single IFSC code issued under the sponsor bank, Punjab National Bank. The active IFSC for this branch is PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked; they are no longer valid for transactions. Always use the new IFSC (PUNB0MBGB06) when sending funds to this branch.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify bank branches in electronic payments. The structure is:
- First 4 characters — bank identifier (example: PUNB for Punjab National Bank).
- 5th character — reserved and is always zero (0).
- Last 6 characters — branch identifier (example: MBGB06 in PUNB0MBGB06).
So for PUNB0MBGB06: first 4 = PUNB, 5th = 0, last 6 = MBGB06.
How to Use IFSC Code (NEFT, RTGS, IMPS)
- Log in to your bank’s internet banking or mobile banking app, or visit the branch.
- Choose the transfer type: NEFT, RTGS or IMPS. (IMPS is instant for small/medium amounts; RTGS is for high-value transfers; NEFT is for standard transfers.)
- Add a beneficiary. Enter beneficiary name, account number and the branch IFSC: PUNB0MBGB06 for Bhobhi Bazar.
- Verify the beneficiary details using OTP or bank’s authentication method. Do not skip verification.
- Initiate the transfer, confirm payment type and amount, and authenticate the transaction (OTP/transaction PIN).
- Keep the transaction reference or UTR for tracking. Check beneficiary account after the expected settlement time.
Practical notes:
- NEFT: No minimum. Usually available 24×7; settlement is near-instant to a few minutes depending on systems and bank processing.
- RTGS: Intended for large-value transfers. Many banks apply a minimum of Rs.2 lakh for RTGS. RTGS is available round the clock in most banks—confirm with your bank for any bank-specific windows or charges.
- IMPS: Instant and available 24×7 for smaller amounts. Per-transaction limits vary by bank.
- If you enter a wrong IFSC that corresponds to another branch, funds may be credited to the wrong account. If the IFSC is invalid, the transaction will fail and funds will be returned.
Benefits of Knowing the IFSC
- Ensures accurate routing of electronic payments to the correct branch and account.
- Reduces failed transfers and delays caused by incorrect beneficiary details.
- Required to add beneficiaries in netbanking and mobile apps for NEFT/RTGS/IMPS.
- Makes reconciliation easier for businesses and individuals receiving funds.
- Helps verify branch identity (useful after mergers or branch relocations).
Contact
Branch Phone: 9771464447
Branch Address: BHOBHI BAZAR, Nalanda, 803101
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: How do I find this branch’s IFSC if I only have the branch name?
A: Use bank-provided channels — the branch can confirm the IFSC, or check your cheque leaf (IFSC printed), passbook, or official bank statements. For this branch the IFSC is PUNB0MBGB06.
Q: What happens if I use the wrong IFSC?
A: If the wrong IFSC corresponds to another valid branch and account number, funds may be credited to that account. If the IFSC is invalid or the combination doesn’t match an account, the transaction will usually fail and funds will be returned. Contact your bank immediately if an error occurs.
Q: Are old UBGB/DBGB IFSCs still usable?
A: No. After the merger into Bihar Gramin Bank under Punjab National Bank sponsorship, old UBGB and DBGB IFSC codes have been revoked. Use the new IFSC PUNB0MBGB06 for transactions.
Q: Can I use UPI or mobile number instead of IFSC for transfers?
A: UPI uses a Virtual Payment Address (VPA) and does not require an IFSC. However, for NEFT/RTGS/IMPS via netbanking or branch modes, the IFSC is required. IMPS via MMID/mobile may use different identifiers; check the bank’s options.
Q: How long do NEFT/RTGS/IMPS transfers take to reflect?
A: IMPS is immediate (seconds). NEFT and RTGS are typically near-instant to a few minutes when all details are correct, and both are available round the clock—though actual credit timing can depend on processing by sending/receiving banks. Keep the transaction reference (UTR) to track delays.
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.