Bihar Gramin Bank’s ASTHAWAN branch is located in Asthawan town, Nalanda district, Bihar (PIN 803107). For anyone sending or receiving funds to this branch, the IFSC code is the key identifier used by banks and payment systems. The IFSC determines routing for NEFT, RTGS, and IMPS transfers and ensures money reaches the correct branch account quickly and securely.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | ASTHAWAN |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7138 |
| Branch Address | ASTHAWAN, Nalanda, 803107, 9771464138 |
| Contact Number | 9771464138 |
| City | Nalanda |
| District | Nalanda |
| Reason | BIHARSHARIF |
| Pincode | 803107 |
| State | Bihar |
Merger Update
Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were reorganized under Punjab National Bank’s sponsorship. The ASTHAWAN branch now operates under the single IFSC code PUNB0MBGB06 (Punjab National Bank routing). All old UBGB and DBGB IFSC codes have been revoked. For any NEFT, RTGS or IMPS transaction, use only the new IFSC PUNB0MBGB06; transfers sent to old IFSC codes will not be routed.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to route electronic payments to bank branches in India. The structure is:
- First 4 characters: Bank identifier (letters). Example: PUNB = Punjab National Bank.
- 5th character: Always the digit 0 (reserved).
- Last 6 characters: Branch identifier (alphanumeric). Example: MBGB06 in PUNB0MBGB06 identifies the specific branch unit.
So PUNB0MBGB06 decodes to: PUNB (bank) + 0 (reserved) + MBGB06 (ASTHAWAN branch code under the sponsor bank).
How to Use IFSC Code
Follow these steps when sending money to ASTHAWAN branch using NEFT, RTGS or IMPS:
- Open your bank’s internet banking or mobile app and choose fund transfer.
- Select transfer type: NEFT, RTGS (for large/urgent amount), or IMPS (instant, 24×7).
- Add a new beneficiary. Enter the beneficiary name exactly as on the account, account number, and the IFSC PUNB0MBGB06.
- Verify account details. Most banks show account name preview after adding IFSC and account number—confirm this before proceeding.
- Authorize the transfer using your bank’s OTP/token. For NEFT, beneficiary activation may take a short time; IMPS transfers usually go through immediately once beneficiary is active.
- Keep transaction reference or UTR for tracking. For failed transfers, contact the sending bank with the UTR and beneficiary details.
Note: NEFT now runs round-the-clock in many banks; IMPS is real-time 24×7. RTGS is used for high-value transfers—check your bank’s defined limits and timings.
Benefits of Knowing the IFSC
- Accurate routing: Ensures funds go to the exact branch and account.
- Faster transfers: Correct IFSC reduces delay and failure rates for NEFT/RTGS/IMPS.
- Reduces fraud: Verifying IFSC and account name together helps detect mismatches early.
- Required for online forms: Utility payments, loan payouts, and salary credits often require IFSC.
- Cheque clearing: MICR (800811002) complements IFSC for physical cheque processing within the clearing system.
Contact
Branch Phone: 9771464138
Branch Address: ASTHAWAN, Nalanda, 803107
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA – 800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only IFSC I should use for ASTHAWAN?
A: Yes. After the reorganization under Punjab National Bank, PUNB0MBGB06 is the valid IFSC. Old UBGB/DBGB IFSCs are revoked and should not be used.
Q: What happens if I enter the wrong IFSC?
A: If IFSC does not match the account’s bank branch, the transfer may fail or be returned. In some cases routing may reach a different branch and banks will investigate; this can delay funds. Always confirm IFSC and account number before sending.
Q: How can I verify that PUNB0MBGB06 is correct?
A: Verify by checking a recent cheque leaf, bank passbook, or the branch contact (9771464138). Your sending bank’s beneficiary validation (account name preview) is an additional check.
Q: Do I need IFSC for UPI transfers?
A: No. UPI transfers use virtual IDs or VPA (e.g., name@bank) and do not require IFSC at the time of payment. IFSC is required when adding a bank account as a beneficiary in netbanking or for traditional IMPS/NEFT/RTGS transfers.
Q: What is the MICR code used for?
A: MICR (800811002) is used by the cheque clearing system to speed up processing of physical cheques. It is not required for online fund transfers, but useful for cheque-related queries and branch identification in clearing.
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.