The Bihar Gramin Bank branch at CHERO serves the rural area of Chero in Nalanda district, Bihar (Pincode 803110). This branch is part of the regional network that handles deposits, withdrawals, and electronic fund transfers for individuals and businesses in the area. For any electronic transfer—NEFT, RTGS or IMPS—the correct IFSC code is essential. The IFSC ensures your transfer is routed to the right bank and branch. A wrong or revoked IFSC can delay the payment or cause it to be returned.
Bihar Gramin Bank CHERO IFSC Code
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | CHERO |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7149 |
| Branch Address | CHERO, Nalanda, 803110, 9771464149 |
| Contact Number | 9771464149 |
| City | Nalanda |
| District | Nalanda |
| Reason | BIHARSHARIF |
| Pincode | 803110 |
| State | Bihar |
Merger Update
Important: Bihar Gramin Bank uses the IFSC PUNB0MBGB06, which is under Punjab National Bank (PNB). The two predecessor regional rural banks—Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB)—have been merged under the common arrangement. As part of the consolidation, old UBGB and DBGB IFSC codes have been revoked. For all electronic payments to this branch use only PUNB0MBGB06. Old UBGB/DBGB IFSC codes are no longer valid and will cause payment failures or returns.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in electronic fund transfers. Its structure is fixed:
- First 4 characters – Bank code (letters). Example: PUNB = Punjab National Bank.
- 5th character – Always 0 (reserved for future use).
- Last 6 characters – Branch code (letters and/or numbers), unique to the branch. Example: MBGB06.
So in PUNB0MBGB06, PUNB identifies PNB, 0 is the reserved digit, and MBGB06 points to the specific Bihar Gramin Bank CHERO branch mapped under PNB’s sponsor/technical arrangement.
How to Use IFSC Code for NEFT, RTGS and IMPS
Follow these steps when you make a transfer from net banking or a UPI/payment app that asks for bank details:
- Open your bank’s app or net-banking portal. Choose the transfer type: NEFT, RTGS, or IMPS.
- Select “Add Beneficiary” or “New Payee”.
- Enter the beneficiary’s name exactly as per their bank records.
- Enter the beneficiary account number.
- Enter the IFSC: PUNB0MBGB06. Double-check every character.
- Fill in the branch name (CHERO) or address if requested.
- Save beneficiary. Your bank may require beneficiary activation (a waiting period or OTP confirmation).
- Initiate the transfer after activation. Enter amount and remarks, then confirm with OTP or transaction PIN.
- Keep the transaction reference number for tracking.
Notes:
- NEFT has no strict minimum and is used for routine transfers. It is settled electronically and usually completes within minutes to a few hours depending on bank processing and timing.
- RTGS is for high-value real-time transfers. Most banks set a minimum (commonly ₹2,00,000) for RTGS; check your bank for exact limits.
- IMPS is instant and available 24×7 for small-to-medium amounts. Limits vary by bank and channel.
Benefits of Knowing the IFSC
- Ensures funds go to the exact branch and account. This reduces failed or returned transfers.
- Required field for NEFT, RTGS and IMPS. Without it you cannot complete the transaction from most banks.
- Helps customer service locate and trace a transaction quickly using the branch identifier.
- Prevents delays when setting up beneficiaries online or via mobile banking.
- Useful for cheque reconciliation and cross-checking MICR vs IFSC for different payment modes.
Contact
Branch Phone: 9771464149
Branch Address: CHERO, Nalanda, 803110
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA – 800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Can I use any Bihar Gramin Bank IFSC for the CHERO branch?
A: No. Each branch has its own branch code in the last 6 characters. Use PUNB0MBGB06 specifically for CHERO. Using another branch’s IFSC will route the transfer elsewhere.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC does not match the account number and bank details, the transfer may fail and be returned to the sender. If the wrong IFSC still points to a valid account, funds could be credited to another branch/account; resolving that can take time and require bank intervention.
Q: Are old UBGB or DBGB IFSC codes still valid?
A: No. Old UBGB and DBGB IFSC codes have been revoked after consolidation. Use only PUNB0MBGB06 for transactions related to this branch.
Q: How long do transfers to this IFSC take?
A: IMPS is immediate (real time). RTGS is effectively real-time for eligible high-value transfers. NEFT is typically completed within minutes to a few hours depending on bank processing; many banks now settle NEFT continuously. If funds don’t arrive within a reasonable window, contact your sending bank with the transaction reference.
Q: What is the difference between IFSC and MICR?
A: IFSC is used for electronic transfers (NEFT/RTGS/IMPS). MICR (Magnetic Ink Character Recognition) is a 9-digit code used primarily for cheque clearing. MICR helps faster cheque processing at clearinghouses but is not required for electronic transfers.
If you are unsure about a transfer, confirm the beneficiary details and IFSC with the recipient before initiating the payment. Keep payment receipts and transaction IDs until the recipient confirms receipt.
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.