Bihar Gramin Bank Benipatti IFSC Code

Benipatti is a town in the Madhubani district of Bihar (PIN 847223). This branch serves local residents and businesses for savings and payments. For electronic fund transfers like NEFT, RTGS and IMPS, the IFSC code is essential. It tells the bank and branch where to route money so transfers reach the correct account quickly and securely.

Branch Details

Merger Update

Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged into a single regional structure. The merged entity now uses the single IFSC code PUNB0MBGB06 under Punjab National Bank for relevant branches. Old UBGB/DBGB IFSC codes have been revoked. For any NEFT/RTGS/IMPS transactions to Benipatti or related branches, use only PUNB0MBGB06.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to route electronic payments. The structure is:

• First 4 characters: bank identifier. Example: PUNB = Punjab National Bank.
• 5th character: reserved as 0 (zero).
• Last 6 characters: branch identifier. Example: MBGB06 identifies the specific branch in the combined coding scheme.

So for PUNB0MBGB06: PUNB = bank, 0 = reserved, MBGB06 = Benipatti/merged-branch code.

How to Use IFSC Code

Follow these steps when sending or receiving funds using NEFT, RTGS or IMPS:

• Open your bank’s netbanking, mobile app or visit a branch.
• Choose the transfer type: NEFT, RTGS or IMPS. (RTGS is for larger amounts; commonly ₹2,00,000 and above is routed via RTGS.)
• Enter the beneficiary’s name exactly as per their bank account.
• Enter the beneficiary account number correctly.
• Enter the IFSC code: PUNB0MBGB06 for Bihar Gramin Bank, Benipatti branch.
• Enter the transfer amount and any remarks.
• Validate the beneficiary details shown by your bank. If they match, confirm the transfer.
• Save the transaction reference or UTR number for tracking.

Benefits of Knowing the IFSC

• Ensures money is routed to the correct bank branch for NEFT/RTGS/IMPS.
• Prevents transfer failures and delays due to incorrect routing.
• Makes adding beneficiaries in netbanking and mobile apps quick and accurate.
• Required for receiving digital payments and for automated bank instructions.
• Useful to validate branch identity when reconciling payments (use with MICR and branch code).

Contact

Branch phone: 9297954832

Branch address: Benipatti, MADHUBANI, 847223

Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free: 18001807777

FAQs

• Q: Can I use the old UBGB or DBGB IFSC for transfers?

  A: No. Old UBGB/DBGB IFSC codes have been revoked. Use only PUNB0MBGB06 for transactions to this merged branch under Punjab National Bank.

• Q: What happens if I enter a wrong IFSC?

  A: If the IFSC does not match any valid branch, the transfer will usually fail and be reversed. If the IFSC maps to a different branch, funds could reach the wrong branch and recovery may require a reversal request, which takes time.

• Q: Is IFSC same as MICR?

  A: No. IFSC is used for electronic fund transfers. MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque processing. Both help identify branch, but serve different systems.

• Q: Can I receive international remittances using IFSC?

  A: International transfers use SWIFT/BIC codes, not IFSC. However, for inward remittances routed through a correspondent bank, the beneficiary’s bank account and IFSC are often required by the remitter for domestic clearance.

• Q: Where can I verify this IFSC before sending money?

  A: Verify with the branch phone (9297954832) or by contacting the head office toll-free number (18001807777). Also check beneficiary bank details shown in your netbanking app before confirming the transfer.

Kriti Kumari

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.