The Taribazar branch of Bihar Gramin Bank is located in Siwan district, Bihar (PIN 841504). It serves retail and agricultural customers in the town and nearby villages. For electronic fund transfers such as NEFT, RTGS and IMPS you must provide the correct IFSC code so funds route to the right bank and branch. A wrong or old IFSC can delay payments or cause returns.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Taribazar |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100624 |
| Branch Address | Taribazar, SIWAN, 841504, 9297954589 |
| Contact Number | 9297954589 |
| City | SIWAN |
| District | SIWAN |
| Reason | SIWAN |
| Pincode | 841504 |
| State | Bihar |
Merger update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single entity that now uses the IFSC code PUNB0MBGB06 under Punjab National Bank (sponsor bank). Old UBGB and DBGB IFSC codes have been revoked. For fund transfers you must use the new IFSC PUNB0MBGB06. Transactions attempted with old UBGB or DBGB IFSC codes will fail or return. Always confirm the IFSC with the beneficiary before sending funds.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alpha-numeric code used to route electronic payments between banks in India. Its structure is fixed:
- First 4 characters — bank identifier (letters). Example: PUNB = Punjab National Bank.
- 5th character — always 0 (reserved).
- Last 6 characters — branch identifier (letters and/or numbers). Example: MBGB06 in PUNB0MBGB06.
So, in the IFSC PUNB0MBGB06: PUNB = bank, 0 = reserved character, MBGB06 = Taribazar branch code under the sponsor bank mapping.
How to use the IFSC code for NEFT, RTGS and IMPS
Use the IFSC when setting up a beneficiary in your bank app or internet banking. Typical steps:
- Open your bank’s transfer screen and choose NEFT, RTGS or IMPS depending on urgency and amount.
- Enter beneficiary name exactly as on their bank account.
- Enter beneficiary account number (double-check digits).
- Enter bank name and branch if requested. Enter IFSC: PUNB0MBGB06 for Taribazar branch.
- Enter amount and purpose/remarks.
- Confirm details and authenticate (OTP, token or PIN) to complete transaction.
Notes:
- NEFT: no fixed minimum. Settlements are typically rolled; now mostly available near-real time depending on bank policy.
- RTGS: used for higher-value transactions (commonly above ₹2,00,000, but check your bank for exact limits).
- IMPS: instant 24×7 for smaller amounts within bank-set limits.
- If the IFSC is incorrect the transfer may fail or return. Always verify before sending large amounts.
Benefits of knowing the IFSC
- Accurate routing: ensures funds reach the exact branch and account quickly.
- Faster processing: correct IFSC reduces failed transactions and delays.
- Required for digital transfers: mandatory field for NEFT, RTGS and IMPS payments.
- Useful for verification: cross-checks account details to prevent fraud or misrouting.
- Helps corporate and recurring payments: needed when setting standing instructions or bulk transfers.
Contact
Branch phone no: 9297954589
Branch Address: Taribazar, SIWAN, 841504
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only valid IFSC for Taribazar branch?
A: Yes. After the merger, PUNB0MBGB06 is the valid IFSC to use. Old UBGB/DBGB IFSC codes have been revoked and will not be accepted.
Q: How do I verify the IFSC before sending money?
A: Verify by asking the beneficiary for a copy of a cheque leaf or account passbook showing the IFSC. You can also confirm over a phone call to the branch number (9297954589) or check bank documents. Do not rely on third-party sources unless they are official.
Q: What if I enter a wrong IFSC but correct account number?
A: If IFSC does not match the bank/branch mapping, the transfer may fail or be returned. In some systems the transfer may still route if the receiving bank recognizes the account number, but this is not guaranteed. Contact your bank immediately if you suspect an error.
Q: What is the difference between IFSC and MICR?
A: IFSC is used for electronic transfers and identifies bank and branch (11 characters). MICR is a numeric code (usually 9 digits) printed on cheques; it helps in cheque clearing through the Magnetic Ink Character Recognition system. Example: MICR for Taribazar is 800811002.
Q: Can I use IFSC for UPI transfers?
A: UPI uses Virtual Payment Addresses (VPAs) and typically does not require IFSC. For bank account-based setups in some apps, IFSC may be needed to link the account. For standard UPI transfers you only need the VPA or recipient QR code.
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.