The Bihar Gramin Bank branch in Bakhri Bazar is located in the Begusarai district of Bihar. For anyone looking to send or receive money online to an account at this branch, the Indian Financial System Code (IFSC) is essential. This unique 11-character code identifies the specific bank branch in any electronic transaction, including NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service). Using the correct IFSC code ensures that your funds are routed accurately and without delay.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Bakhri Bazar |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 3804 |
| Branch Address | Bakhri Bazar, Begusarai, Bihar – 851201 |
| Contact Number | 8102918646 |
| City | Begusarai |
| District | Begusarai |
| Region | BEGUSARAI |
| Pincode | 851201 |
| State | Bihar |
Important Merger Information
Previously, banking services in the region were provided by two separate entities: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have now been merged to form a single entity, Bihar Gramin Bank, which is sponsored by Punjab National Bank (PNB).
As a result of this merger, all old IFSC codes belonging to the former UBGB and DBGB branches are now invalid and have been revoked. For all electronic fund transfers to any branch of the newly formed Bihar Gramin Bank, including Bakhri Bazar, you must use the new, unified IFSC code: PUNB0MBGB06. Using an old code will result in a failed transaction.
Understanding the IFSC Code
The IFSC code is an 11-character alphanumeric code that helps identify a bank branch for online money transfers. The structure of the code PUNB0MBGB06 can be broken down as follows:
- PUNB: The first four letters represent the name of the sponsor bank, which is Punjab National Bank.
- 0: The fifth character is always a zero. It is reserved for future use.
- MBGB06: The last six characters uniquely identify the bank. After the merger, this code is used for all branches of Bihar Gramin Bank for centralized processing.
Using the IFSC Code for Fund Transfers
To transfer money to the Bihar Gramin Bank Bakhri Bazar branch, you will need to provide the recipient’s details to your bank. The process is simple whether you are using a mobile banking app or internet banking portal.
- Log in to your internet banking account or mobile banking application.
- Navigate to the “Fund Transfer” section and select your preferred method (NEFT, RTGS, or IMPS).
- Add a new beneficiary or payee by entering their account details.
- Enter the beneficiary’s name, account number, and the bank’s IFSC code: PUNB0MBGB06.
- Review the details carefully to ensure accuracy before confirming the transaction.
Why the Correct IFSC Code Matters
- Accurate Routing: It ensures your money is sent to the correct bank and branch, preventing misdirection of funds.
- Prevents Failures: Using the right code avoids transaction rejections and delays, which can occur if an outdated or incorrect code is entered.
- Enables Automation: The code allows for the automated processing of transactions, making transfers faster and more efficient.
- Required for All Platforms: It is a mandatory requirement for all major Indian electronic payment systems.
Contact Information
For direct assistance, you can reach out to the branch or the head office.
Bakhri Bazar Branch
Phone: 8102918646
Address: Bakhri Bazar, Begusarai, Bihar – 851201
Bihar Gramin Bank Head Office
Address: Shri Vishnu Commercial Complex, Asochak, Patna – 800030, Bihar
Toll-Free Number: 18001807777
Frequently Asked Questions
1. Can I still use my old Uttar Bihar Gramin Bank (UBGB) IFSC code?
No. All old IFSC codes from UBGB and DBGB are now inactive. You must use the new code, PUNB0MBGB06, for all transactions to avoid failure.
2. What happens if I accidentally use the wrong IFSC code?
If the code does not exist, the transaction will likely be rejected and the money will be returned to your account. If the code corresponds to another branch, the funds could be delayed or, in rare cases, misdirected. It is always best to double-check the code before confirming a transfer.
3. Is PUNB0MBGB06 the code for only the Bakhri Bazar branch?
Following the merger, PUNB0MBGB06 has been designated as the single IFSC code for all branches of Bihar Gramin Bank for processing NEFT, RTGS, and IMPS transactions.
4. How can I confirm the correct IFSC code for my branch?
You can find the correct IFSC code on a recent bank statement, your passbook, the bank’s official website, or by contacting your branch directly.
5. What is the difference between NEFT, RTGS, and IMPS?
NEFT processes transactions in hourly batches and is suitable for all amounts. RTGS is for high-value transactions (typically above ₹2 lakh) and settles them in real-time. IMPS offers instant, 24/7 fund transfers, usually for smaller amounts.
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.