The Bihar Gramin Bank branch at Ashanagar, Nalanda (Pincode: 803118) serves local customers for deposits, withdrawals, and electronic fund transfers. For any NEFT, RTGS or IMPS transfer to or from this branch, the correct IFSC is essential. The IFSC uniquely routes electronic payments between banks. Using the wrong IFSC or account number can delay a transaction or cause it to fail, so always confirm the code before initiating transfers.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | ASHANAGAR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7137 |
| Branch Address | ASHANAGAR, Nalanda, 803118, 9771464137 |
| Contact Number | 9771464137 |
| City | Nalanda |
| District | Nalanda |
| Reason | BIHARSHARIF |
| Pincode | 803118 |
| State | Bihar |
Merger Update
Note: The IFSC PUNB0MBGB06 is issued under Punjab National Bank. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been integrated and now operate using a single IFSC under Punjab National Bank. Old UBGB/DBGB IFSC codes have been revoked. For electronic transfers to this branch, use only the new IFSC PUNB0MBGB06. Transactions attempted with revoked IFSCs may be rejected or delayed.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to route electronic funds between banks in India. The structure is fixed:
- First 4 characters = Bank code (alphabetic). Example: PUNB = Punjab National Bank.
- 5th character = Reserved and is always 0.
- Last 6 characters = Branch identifier. Example: in PUNB0MBGB06, the last six are MBGB06, which identifies the specific branch.
How to Use IFSC Code
- Open your bank’s online banking, mobile app, or visit the branch to add a new beneficiary.
- Enter the beneficiary’s account number and the IFSC exactly as PUNB0MBGB06. Typing errors will cause failure.
- Provide the beneficiary name and, if asked, branch name (ASHANAGAR) and MICR (800811002) for cheque-related purposes.
- Choose the transfer mode: NEFT for routine transfers, RTGS for high-value immediate settlement, or IMPS for instant mobile/online transfers any time.
- Verify the details and authorize the transfer with your OTP or transaction password. Save the beneficiary once a test (small) transaction succeeds.
- Keep transaction receipts or reference numbers until the receiver confirms credit. For failed or pending transfers, contact the branch with the reference number.
Benefits of Knowing the IFSC
- Ensures accurate routing of electronic fund transfers (NEFT, RTGS, IMPS).
- Reduces delays and failed transactions caused by incorrect branch routing.
- Required for registering beneficiaries in internet and mobile banking.
- Useful for cheque clearance, inward remittances, and account verification.
- Makes reconciliation easier for businesses and accountants by matching branch codes.
Contact
Branch Phone: 9771464137
Branch Address: ASHANAGAR, Nalanda, 803118
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll-free: 18001807777
FAQs
Q: Can I use this IFSC for IMPS, NEFT and RTGS?
A: Yes. The IFSC PUNB0MBGB06 is used to route NEFT, RTGS and IMPS transactions to this branch. Always confirm the code and account number before initiating the transfer.
Q: What happens if I enter a wrong IFSC but correct account number?
A: Banks route transactions based on both IFSC and account number. If the IFSC does not match the account’s bank/branch details, the transfer may fail or be returned. In some cases the bank may detect mismatch and reject the transaction. Always verify both fields.
Q: How do I verify this IFSC is current and valid?
A: Confirm with the branch by phone (9771464137) or check bank communications. Note the merger update: old UBGB/DBGB IFSCs were revoked and the valid IFSC for this branch is PUNB0MBGB06.
Q: Is there any limit or timing for transfers using this IFSC?
A: IMPS is instant and typically available 24×7. NEFT and RTGS are generally available around the clock as per recent RBI provisions, but individual banks may impose internal limits or maintenance windows. For large-value RTGS transfers, check your bank’s minimum amount requirement and any cut-offs your bank may apply.
Q: I need to register a beneficiary. Any tips?
A: Enter the exact account number, beneficiary name as given by the recipient, and the IFSC PUNB0MBGB06. After adding, make a small-value test transfer and confirm receipt before sending larger amounts. Keep a record of the transaction reference for troubleshooting.
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.