Paltuhata is a village branch of Bihar Gramin Bank located in Siwan district, Bihar. The branch serves local residents and small businesses for deposits, withdrawals, and fund transfers. For electronic transfers using NEFT, RTGS or IMPS you must use the correct IFSC code so payments route to the right bank and branch. Using the wrong code can delay or reject the transfer, so always confirm the IFSC before initiating transactions.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Paltuhata |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100645 |
| Branch Address | Paltuhata, SIWAN, 841413, 9297954455 |
| Contact Number | 9297954455 |
| City | SIWAN |
| District | SIWAN |
| Reason | SIWAN |
| Pincode | 841413 |
| State | Bihar |
Merger Update
Important: The rural banks in Bihar were reorganised and the IFSC code for this branch is now PUNB0MBGB06 under Punjab National Bank (PNB). This includes branches that were earlier part of Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB). Old UBGB/DBGB IFSC codes have been revoked. For any NEFT, RTGS or IMPS transfer to Paltuhata branch you must use PUNB0MBGB06. Transactions using deprecated IFSC codes will be rejected or delayed.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11‑character alphanumeric code used to identify bank branches in electronic payment systems. Its structure is fixed:
- First 4 characters — bank identifier (example: PUNB = Punjab National Bank)
- 5th character — always zero (0) reserved for future use
- Last 6 characters — branch identifier (example: MBGB06 identifies the Paltuhata branch under the current arrangement)
Example: PUNB0MBGB06 — PUNB = bank, 0 = reserved, MBGB06 = branch code.
How to Use IFSC Code (NEFT, RTGS, IMPS)
- Open your bank’s internet banking or mobile banking app. Select “Fund Transfer” or “Add Beneficiary”.
- Choose the transfer type: NEFT (batch settlement), RTGS (real-time for high value transfers, usually minimum ₹2,00,000), or IMPS (instant, 24×7, typically up to ₹2,00,000 depending on bank).
- Enter beneficiary details: name, account number, and the IFSC code PUNB0MBGB06. Also add branch name (Paltuhata) if requested.
- Verify the beneficiary entry carefully. Many systems display the bank and branch once the IFSC is entered — confirm it shows Punjab National Bank / Paltuhata or Bihar Gramin Bank (Paltuhata) as appropriate.
- Save beneficiary (if required). Most banks require a cooling period or OTP confirmation before first transfer to a new beneficiary.
- Initiate the transfer, enter amount and purpose, confirm with OTP/2FA. Keep transaction reference for tracking.
- Check status: NEFT can take a few hours depending on batch timing, RTGS is typically real-time during business hours, IMPS is immediate.
Benefits of Knowing the IFSC
- Ensures funds are routed to the correct bank and branch quickly.
- Reduces failed transfers and related delays.
- Required for setting up beneficiaries in internet and mobile banking.
- Needed for inward remittances from other banks and financial services.
- Helps resolve disputes — you can provide exact routing details to support teams.
Contact
Branch Phone: 9297954455
Branch Address: Paltuhata, SIWAN, 841413
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only valid IFSC for Paltuhata branch?
A: Yes. Use PUNB0MBGB06 for all NEFT, RTGS and IMPS transfers. Old IFSC codes associated with UBGB or DBGB have been revoked after the merger and will not work.
Q: What if I accidentally use an old/revoked IFSC?
A: The transfer will typically be rejected by the clearing system and the funds will return to the sender’s account. Returns can take several working days depending on the banks involved. Contact your bank immediately with the transaction reference.
Q: How long do NEFT, RTGS and IMPS transfers take?
A: IMPS is instant (within seconds) and available 24×7. RTGS is real-time during operational hours and is used for high-value payments (usually minimum ₹2,00,000). NEFT processes in settled batches; funds usually arrive within hours on the same day, but timing depends on bank cutoffs.
Q: Can I use the IFSC for inward foreign remittances?
A: For inward foreign remittances you typically provide the beneficiary account number, bank name and SWIFT/BIC code plus branch details. SWIFT codes are separate from IFSC. Check with the remitting bank for exact requirements.
Q: Where can I verify the IFSC before sending funds?
A: Verify via your bank’s branch details page, the bank’s customer service, bank passbook, cheque leaf (if updated), or by calling the branch at 9297954455. Always confirm before initiating large transfers.
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.