Bihar Gramin Bank AKHGAON BAZAR IFSC Code

Bihar Gramin Bank AKHGAON BAZAR IFSC Code

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The Bihar Gramin Bank branch at Akhgaon Bazar is located in Bhojpur district of Bihar (Pincode 802161). This branch handles deposits, withdrawals and electronic payments for local customers and businesses. For fund transfers using NEFT, RTGS or IMPS you must supply the correct IFSC code. The IFSC routes the transfer to the right bank and branch and ensures the payment reaches the intended account without delay.

Branch Details

Bank Name Bihar Gramin Bank
Branch Name AKHGAON BAZAR
IFSC Code PUNB0MBGB06
MICR Code 800811002
Branch Code 7004
Branch Address AKHGAON BAZAR, Bhojpur, 802161, 9771464004
Contact Number 9771464004
City Bhojpur
District Bhojpur
Reason ARA
Pincode 802161
State Bihar

Merger Update

This branch operates under the IFSC code PUNB0MBGB06, issued by Punjab National Bank (PNB). Both Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single entity under Punjab National Bank for electronic fund transfers. The legacy IFSC codes that belonged to UBGB (and any old DBGB codes) are revoked. For NEFT, RTGS and IMPS transactions use only the new IFSC PUNB0MBGB06. Old codes will not route payments and may cause transactions to fail or be returned.

What is IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character identifier used in electronic fund transfers. Its structure is fixed:

  • First 4 characters — alphabetic bank code (example: PUNB for Punjab National Bank).
  • 5th character — always the numeral 0 (reserved for future use).
  • Last 6 characters — branch identifier (example: MBGB06 in PUNB0MBGB06).

Example: PUNB0MBGB06 breaks down to PUNB (bank) + 0 (separator) + MBGB06 (branch). IFSC uniquely identifies the bank and branch for electronic clearing systems.

How to Use IFSC Code

  1. Open your bank’s payment page or mobile app and choose NEFT, RTGS or IMPS as required.
  2. Enter the beneficiary’s name and account number exactly as provided by them.
  3. Type or paste the IFSC: PUNB0MBGB06. Double-check characters—mistakes prevent routing.
  4. Enter the amount and purpose. For RTGS check the minimum amount limit with your bank.
  5. Verify details on the confirmation screen. The app will usually display the beneficiary bank/branch after IFSC entry. Confirm before authorizing.
  6. Authorize the payment using OTP, token or UPI PIN as required. Save the reference number for reconciliation.

Benefits of Knowing the IFSC

  • Accurate routing: Ensures funds reach the correct branch and account.
  • Faster transfers: Automated systems use IFSC to clear funds quickly via NEFT/RTGS/IMPS.
  • Better reconciliation: Bank statements show IFSC-related routing details for audits.
  • Error prevention: Entering the correct IFSC reduces failed or returned payments.
  • Cheque vs electronic: MICR is for cheque clearing; IFSC is for electronic transfers.

Contact

Branch phone no: 9771464004

Branch Address: AKHGAON BAZAR, Bhojpur, 802161

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free no: 18001807777

FAQs

  • Q: Can I use an old UBGB IFSC to make transfers?

    A: No. Old UBGB IFSC codes have been revoked after the merger. Use only PUNB0MBGB06 for transfers to this branch.

  • Q: What is the difference between IFSC and MICR?

    A: IFSC (11 characters) is used for electronic transfers (NEFT/RTGS/IMPS). MICR (9 digits) is used for cheque clearing within the banking clearing system.

  • Q: What happens if I enter a wrong IFSC but correct account number?

    A: If the IFSC points to a different bank/branch than the account number, the transfer may fail or be returned. Some systems validate that account and IFSC match before processing. Always confirm both details with the beneficiary.

  • Q: Is IFSC case-sensitive?

    A: No. IFSC is not case-sensitive in most banking systems, but enter it in uppercase (as printed) to avoid manual errors.

  • Q: Which transfers use IFSC: NEFT, RTGS or IMPS?

    A: All three systems—NEFT, RTGS and IMPS—use the IFSC to route payments. Choose the system based on urgency and amount limits; IMPS is instant for small amounts, RTGS is meant for large-value real-time gross settlement, and NEFT is batch-based (now largely available round-the-clock).

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