The Bihar Gramin Bank branch in Munger (Monghyr), Bihar serves local customers for deposits, withdrawals and fund transfers. For electronic transfers using NEFT, RTGS or IMPS you must use the branch IFSC code. The IFSC ensures funds route to the correct bank and branch. Using the wrong IFSC can delay or mis-route payments, so always confirm the code before initiating a transfer.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Bank |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 3236 |
| Branch Address | Bank, Munger (Monghyr), 811201, 7061741221 |
| Contact Number | 7061741221 |
| City | Munger (Monghyr) |
| District | Munger (Monghyr) |
| Reason | BHAGALPUR |
| Pincode | 811201 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged under Punjab National Bank (PNB) for banking operations in the region. All legacy UBGB IFSC codes have been revoked. The merged rural bank branches now use a single active IFSC code for transactions: PUNB0MBGB06 (the PNB IFSC for the merged entity). Do not use old UBGB IFSC codes. For any transfers to accounts formerly under UBGB or DBGB, use the new IFSC PUNB0MBGB06 to ensure funds reach the intended account.
What is an IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify bank branches in electronic funds transfers.
- First 4 characters — identify the bank. Example: PUNB = Punjab National Bank.
- 5th character — is always 0 and reserved for future use.
- Last 6 characters — identify the specific branch within the bank. In PUNB0MBGB06, the last six characters are MBGB06, which map to the merged regional branch code used by the bank.
MICR (Magnetic Ink Character Recognition) code is different. The branch MICR 800811002 is used for cheque-clearing systems and is not used for NEFT/RTGS/IMPS transfers.
How to Use IFSC Code for NEFT, RTGS, IMPS
- Log in to your bank’s internet or mobile banking, or visit the branch/ATM interface for fund transfer.
- Choose the transfer type: NEFT, RTGS or IMPS. (IMPS is instant and works 24×7; NEFT and RTGS availability depends on bank systems but generally support online timers.)
- Add a new beneficiary if required. Enter the beneficiary name, account number, and the IFSC code exactly as PUNB0MBGB06 for this branch.
- Double-check the IFSC, account number and beneficiary name. A single wrong character in IFSC can route the payment to another branch or fail.
- Authorize the beneficiary addition using the OTP or transaction PIN from your bank.
- Initiate the transfer with the required amount and confirm. Note the transaction reference (UTR/IMPS reference) for tracking.
- If a transfer fails or is returned, contact your bank immediately with the UTR and details so they can reconcile and recover funds if possible.
Benefits of Knowing the IFSC
- Ensures funds go to the correct bank and branch during NEFT/RTGS/IMPS transfers.
- Speeds up account-to-account transfers by preventing validation errors.
- Makes it possible to add beneficiaries online without visiting the branch.
- Helps confirm the branch identity when verifying payee details or cheque processing (via MICR).
- Essential for businesses, payrolls and recurring electronic payments.
Contact
Branch phone no: 7061741221
Branch Address: Bank, Munger (Monghyr), 811201
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777
FAQs
Q: Can I use an old UBGB IFSC for transfers?
A: No. Old UBGB IFSC codes have been revoked after the merger. Use the current IFSC PUNB0MBGB06 for transfers to accounts now under Punjab National Bank.
Q: What if I enter the wrong IFSC but correct account number?
A: If IFSC and account number point to different banks, the transfer may fail or be returned. If the transaction succeeds to a wrong account, contact your bank immediately with the transaction reference (UTR/IMPS ID). The bank will initiate recovery procedures, but recovery can take time and is not guaranteed.
Q: Which code do I use for cheque clearing?
A: Use the MICR code 800811002 for cheque processing and clearing. IFSC is used for electronic transfers only.
Q: How do I confirm the IFSC before sending money?
A: Confirm the code from a recent bank statement, a cheque leaf, the branch (phone 7061741221), or by asking the payee to provide it. Verify the 11-character code matches PUNB0MBGB06 exactly.
Q: What is the difference between NEFT, RTGS and IMPS?
A: IMPS is instant and available online 24×7 for immediate small-value transfers. NEFT and RTGS are bank transfer systems used for different transaction types; NEFT is typically used for standard value transfers and RTGS for high-value, high-priority transfers. Bank-specific timings and limits apply, so check with your bank if you need guaranteed settlement conditions.
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.