The Bihar Gramin Bank branch at Basara is located in Basara village, Muzaffarpur district, Bihar (PIN 843123). This branch serves local retail and agricultural customers and handles inward and outward electronic fund transfers. For NEFT, RTGS and IMPS transfers, the IFSC code is the key identifier. It tells the sending bank which bank and which specific branch will receive the funds. Using the correct IFSC ensures the transfer is routed correctly and reaches the intended account without delay.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Basara |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100040 |
| Branch Address | Basara, MUZAFFARPUR, 843123, 9297955421 |
| Contact Number | 9297955421 |
| City | MUZAFFARPUR |
| District | MUZAFFARPUR |
| Reason | MUZAFFARPUR |
| Pincode | 843123 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged into a single entity under the Bihar Gramin Bank arrangement and are now using the unified IFSC code PUNB0MBGB06 under Punjab National Bank’s coding. The old UBGB and DBGB IFSC codes have been revoked. For all electronic transfers (NEFT, RTGS, IMPS), use only PUNB0MBGB06. Transactions attempted with revoked IFSCs will fail or be delayed until corrected.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India for electronic payments. Its structure:
- First 4 characters: Alphabetic bank code. Example: PUNB = Punjab National Bank.
- 5th character: Always the digit 0 (reserved for future use).
- Last 6 characters: Branch identifier. Example: MBGB06 identifies the specific branch unit used here.
So in PUNB0MBGB06, PUNB shows the bank, 0 is the reserved digit, and MBGB06 is the branch code segment used to route funds to the Basara unit under the merged arrangement.
How to Use IFSC Code
Steps to send money using NEFT, RTGS or IMPS:
- Open your bank’s internet banking portal or mobile app and go to the “Add Beneficiary” or “New Payee” section.
- Enter the beneficiary’s name exactly as on their bank account, account number, and the IFSC: PUNB0MBGB06.
- Select the transfer type: NEFT, RTGS or IMPS. (IMPS is instant and available 24×7. RTGS is used for high-value transfers; NEFT handles most retail transfers.)
- Save the beneficiary (banks may hold new beneficiaries for a mandatory cooling period). Then initiate the transfer, entering the amount and purpose.
- Authorise the transaction using your bank’s method (OTP, token, or transaction PIN). Keep the transaction reference for tracking.
Practical checks before sending:
- Verify beneficiary name and account number against a cancelled cheque or bank passbook.
- Confirm the IFSC code is PUNB0MBGB06. A wrong IFSC can route the payment to another branch or cause failure.
- Check whether RTGS minimums or bank-specific limits apply for large transfers.
Benefits of Knowing the IFSC
- Accurate routing of electronic payments to the intended branch and account.
- Faster settlement and fewer failed transactions.
- Needed to add beneficiaries for internet banking and mobile banking.
- Required on cheque deposit slips and some bank forms to identify the branch.
- Useful for reconciliation in business payments and payroll processing.
Contact
Branch phone no: 9297955421
Branch Address: Basara, MUZAFFARPUR, 843123
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only valid IFSC for this Basara branch?
A: Yes. After the merger and re-coding, PUNB0MBGB06 is the valid IFSC to use. Old UBGB/DBGB IFSCs are revoked and should not be used.
Q: What if I enter the wrong IFSC when making a transfer?
A: If the wrong IFSC points to a different branch, the payment may go to the wrong branch and could be rejected or delayed. If the IFSC is invalid, the transfer will typically fail. Contact your bank immediately to trace or recall the transaction.
Q: Can I use this IFSC for NEFT, RTGS and IMPS?
A: Yes. IFSC codes are used for all three systems. Ensure you choose the correct service: IMPS for instant transfers, NEFT for standard retail transfers, RTGS for high-value payments where appropriate.
Q: What is MICR and how is it different from IFSC?
A: MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for processing cheques. IFSC is an 11-character code used for electronic fund transfers. Use MICR on physical cheque processing and IFSC for online transfers.
Q: Where can I verify the branch details before transferring?
A: Verify the branch phone and address with the bank’s official customer service or by contacting the branch at 9297955421. Always confirm the IFSC shown in your bank app or passbook matches PUNB0MBGB06 before initiating transfers.
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.