The Bhagwanpur branch of Bihar Gramin Bank is located in Bhagwanpur, Madhubani district, Bihar (PIN 847235). This page gives the branch details and the official IFSC code used to route electronic fund transfers. The IFSC code is required when you send money using NEFT, RTGS or IMPS. Entering the correct IFSC makes sure funds go to the right bank and branch and reduces delays or failed transfers.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Bhagwanpur |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100368 |
| Branch Address | Bhagwanpur, MADHUBANI, 847235, 9297954833 |
| Contact Number | 9297954833 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | MADHUBANI |
| Pincode | 847235 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged and now operate under a single identity with sponsorship by Punjab National Bank. The consolidated operations use the IFSC PUNB0MBGB06 for transactions. Old UBGB IFSC codes have been revoked. Use only the new IFSC code PUNB0MBGB06 when initiating NEFT, RTGS or IMPS transfers to this region.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify bank branches in electronic payment systems.
- First 4 characters — alphabetic bank code. Example: PUNB = Punjab National Bank.
- 5th character — reserved and usually 0.
- Last 6 characters — branch identifier (alphanumeric). Example: in PUNB0MBGB06, MBGB06 identifies the Bhagwanpur branch under the sponsored arrangement.
How to Use IFSC Code
Follow these steps when sending money via NEFT, RTGS or IMPS:
- Confirm the beneficiary’s bank account number and the IFSC. For Bhagwanpur branch use PUNB0MBGB06.
- Open your bank’s netbanking portal or mobile banking app. You can also visit a bank branch or use ATM services where supported.
- Choose to add a new beneficiary or payee. Enter beneficiary name, account number, and the IFSC exactly as shown.
- Verify details and save the beneficiary. The bank may send an OTP for confirmation.
- Select the transfer mode (NEFT, RTGS or IMPS). Enter the amount and initiate the transfer.
- Note the transaction reference number. Keep it until the beneficiary confirms receipt.
- If you are unsure about cut-off times, transaction limits or charges, confirm with your bank before sending. Some banks set limits and holding periods for newly added beneficiaries.
Benefits of Knowing the IFSC
- Ensures funds route to the correct bank branch during NEFT, RTGS and IMPS transfers.
- Reduces the chance of failed or delayed payments caused by incorrect routing.
- Makes adding beneficiaries to netbanking or mobile apps quick and accurate.
- Required for automated and bulk transfers, salary credits and vendor payments.
- Helps bank staff verify branch identity when you call customer care or visit a branch.
Contact
Branch phone no: 9297954833
Branch Address: Bhagwanpur, MADHUBANI, 847235
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Can I use the old UBGB IFSC for transfers?
A: No. Old UBGB IFSC codes have been revoked after the merger. Use the new IFSC PUNB0MBGB06 for transfers to this area.
Q: What is the difference between IFSC and MICR?
A: IFSC routes electronic payments (NEFT/RTGS/IMPS). MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque clearing through clearing houses.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC does not match the beneficiary account details, the transaction may fail and the amount will be returned to the sender’s account. In rare cases, incorrect details can route funds to a different branch; banks then follow reversal procedures which can take time. Always double-check before confirming.
Q: How can I verify this IFSC before making a payment?
A: Verify IFSC on the branch passbook, cheque leaf, by calling the branch at 9297954833, or through your bank’s customer care. For this branch, the valid IFSC is PUNB0MBGB06.
Q: Does UPI require IFSC?
A: UPI transfers using a VPA (virtual payment address) do not require you to enter IFSC. However, if you add a bank account manually in some apps or use bank-account-based IMPS/NEFT, you will need the IFSC to link the account.
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.