The Bihar Gramin Bank branch at Risaura is located in Siwan district of Bihar (PIN 841238). It serves local residents and businesses for deposits, withdrawals, and fund transfers. For electronic transfers — NEFT, RTGS and IMPS — the IFSC code is the key identifier. It tells your bank which bank and exact branch should receive the money. Using the correct IFSC avoids failed transfers, delays and returns.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Risaura |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100628 |
| Branch Address | Risaura, SIWAN, 841238, 9297955850 |
| Contact Number | 9297955850 |
| City | SIWAN |
| District | SIWAN |
| Reason | SIWAN |
| Pincode | 841238 |
| State | Bihar |
Merger Update
This branch now uses the single IFSC code PUNB0MBGB06 under Punjab National Bank. The regional rural banks (formerly Uttar Bihar Gramin Bank and Dakshin Bihar Gramin Bank) have been consolidated and their old IFSC codes have been revoked. For all NEFT/RTGS/IMPS transfers to this branch use only PUNB0MBGB06. Old UBGB/DBGB IFSCs are invalid and payments sent using them will be rejected or returned. If you maintain beneficiary lists in online banking or payroll systems, update them immediately to avoid failed transfers.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to uniquely identify a bank branch in electronic payment systems.
- First 4 characters: Alphabetic code for the bank. Example: PUNB = Punjab National Bank.
- 5th character: Always 0 (reserved for future use).
- Last 6 characters: Branch identifier. Example: in PUNB0MBGB06, MBGB06 identifies the specific branch.
- The full code length is 11 characters. It is case-insensitive but usually shown in uppercase.
- MICR code (e.g., 800811002) is separate: used mainly for cheque clearing, not for online transfers.
How to Use IFSC Code
- Open your bank’s transfer interface (netbanking, mobile app or branch form).
- Choose transfer type: NEFT, RTGS or IMPS. (IMPS is instant 24×7; NEFT operates in batches; RTGS is for high-value real-time gross settlement.)
- Enter beneficiary name, account number and the IFSC code PUNB0MBGB06.
- Verify the bank and branch name that the system displays after entering IFSC. Confirm it shows Bihar Gramin Bank / Risaura or Punjab National Bank mapping to this IFSC.
- Enter amount and purpose, then authenticate (OTP, token or banking PIN) to complete the transfer.
- Keep the transaction reference or UTR for tracking. For failed transfers, share the UTR with the bank for faster resolution.
Benefits of Knowing IFSC
- Ensures accurate routing of electronic payments (NEFT, RTGS, IMPS).
- Reduces delays and failed or returned transactions.
- Allows quick beneficiary setup in netbanking and third-party apps.
- Helps when reconciling incoming payments and matching UTR references.
- Enables instant removal of ambiguity when banks merge or change branch codes.
Contact
Branch Phone: 9297955850
Branch Address: Risaura, SIWAN, 841238
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Can I use the old UBGB IFSC for transfers to this branch?
A: No. The old UBGB (and DBGB) IFSC codes have been revoked after the merger. Use only PUNB0MBGB06 for successful transfers.
Q: Which transfer mode should I use for urgent payments?
A: Use IMPS for immediate 24×7 transfers of small to medium amounts. RTGS is for high-value immediate transfers (check your bank’s RTGS minimum). NEFT is reliable for non-urgent transfers and may run in hourly batches depending on the bank.
Q: What if I enter the wrong IFSC?
A: If the IFSC does not match the beneficiary account number, the transfer may fail or be credited to a different branch/account. Banks typically validate IFSC and account pairing; still, always double-check. For mistakes, contact your bank immediately with the transaction UTR.
Q: Is MICR needed for online transfers?
A: No. MICR is used for cheque clearing. For NEFT/RTGS/IMPS you need the IFSC and the beneficiary’s account number.
Q: How can I verify this IFSC before transferring money?
A: Verify with the branch phone number (9297955850) or use your bank’s beneficiary-add facility which usually validates IFSC and branch name. Also check the bank’s official communications or passbook entries for confirmation.
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.