The Bihar Gramin Bank Prasauni branch is located in Sitamarhi district, Bihar. For online and bank-to-bank transfers such as NEFT, RTGS and IMPS, the correct IFSC code is essential. The IFSC routes your payment to the exact bank and branch. Using the correct code speeds settlement and reduces the chance of failed or misdirected transfers.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Prasauni |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100020 |
| Branch Address | Prasauni, SITAMARHI, 0, 9934471204 |
| Contact Number | 9934471204 |
| City | SITAMARHI |
| District | SITAMARHI |
| Reason | SITAMARHI |
| Pincode | 0 |
| State | Bihar |
Merger Update
Important: The Bihar Gramin Bank network includes branches that were earlier part of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Both UBGB and DBGB have been merged into the unified Bihar Gramin Bank structure that now uses the single IFSC code PUNB0MBGB06 under Punjab National Bank routing. Old UBGB and DBGB IFSC codes have been revoked. For all NEFT/RTGS/IMPS transactions to this branch use only PUNB0MBGB06. Any transfer attempted using discontinued IFSC codes may be returned or delayed.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches for electronic payments in India.
- First 4 characters identify the bank. Example: PUNB = Punjab National Bank.
- 5th character is always zero (reserved for future use).
- Last 6 characters identify the specific branch. Example: MBGB06 identifies the Prasauni/merged-branch code.
How to Use IFSC Code for NEFT, RTGS and IMPS
- Open your bank’s netbanking or mobile app and go to “Fund Transfer” or “Add Beneficiary”.
- Choose transfer type: NEFT (any amount, batch settled), RTGS (real-time, typically for large value — typically ≥ ₹2,00,000) or IMPS (instant, 24×7, usually up to bank limit).
- Enter beneficiary name and account number exactly as given by the recipient.
- Enter IFSC: PUNB0MBGB06. Verify spelling and character case — IFSC is not case sensitive, but enter it accurately.
- Fill amount, remarks and confirm. Some banks require beneficiary activation (may take 30 minutes to 24 hours).
- Retain transaction ID or UTR for tracking. For failed or pending transfers contact your branch with the UTR.
Benefits of Knowing the IFSC
- Ensures funds route to the exact branch. This reduces delays and rejects.
- Makes beneficiary setup fast and accurate in internet banking and apps.
- Required for all electronic fund transfers: NEFT, RTGS and IMPS.
- Helps customer service locate and trace transactions using the UTR and branch identifier.
- IFSC plus MICR and branch code together help with cheque clearing and reconciliation.
Contact
Branch phone no: 9934471204
Branch Address: Prasauni, SITAMARHI, 0, 9934471204
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only valid IFSC for Prasauni branch?
A: Yes. After the merger and reissuing of codes, PUNB0MBGB06 is the valid IFSC for transactions to this branch. Old UBGB/DBGB codes are revoked.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC is incorrect the transfer may be rejected or routed to a different branch. If funds are debited but misrouted, contact your bank immediately with the UTR and beneficiary details. Banks open a trace and reversal process, but recovery time varies.
Q: Where can I find IFSC on a cheque or passbook?
A: IFSC is typically printed on the cheque leaf and on the first page of the passbook. You can also get it from the branch or your netbanking profile.
Q: What is the difference between IFSC and MICR?
A: IFSC identifies the bank branch for electronic transfers (NEFT/RTGS/IMPS). MICR (Magnetic Ink Character Recognition) is a 9-digit code used for faster cheque clearing by sorting centres. Both are printed on cheques but serve different systems.
Q: Can I use branch code or MICR instead of IFSC for online transfers?
A: No. Online payment systems require the IFSC. Branch code and MICR are auxiliary identifiers but not accepted by NEFT/RTGS/IMPS forms.
Q: How long does an NEFT/RTGS/IMPS transfer take?
A: IMPS is instant and available 24×7. NEFT is settled in hourly or half-hourly batches depending on the bank and time, usually same day. RTGS is real-time for high-value transfers; cut-offs and availability depend on bank working hours. If you need guaranteed same-day credit for large sums, use RTGS within bank cut-offs.
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.