The Bihar Gramin Bank branch at Bhakuwa serves customers in the Madhubani area of Bihar. Its IFSC code is used to route electronic fund transfers such as NEFT, RTGS and IMPS. Knowing the correct IFSC prevents failed transfers and delays. This page gives the branch details, explains IFSC, and shows how to use it for transactions.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Bhakuwa |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 108068 |
| Branch Address | Bhakuwa, MADHUBANI, 847228, 9297954834 |
| Contact Number | 9297954834 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | MADHUBANI |
| Pincode | 847228 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged under Punjab National Bank (PNB). As part of that reorganisation, the consolidated branches now use the single IFSC code PUNB0MBGB06 for electronic transfers. Old UBGB and DBGB IFSC codes have been revoked. For any NEFT, RTGS or IMPS transfer to this branch use only PUNB0MBGB06. Transactions with old IFSCs will be rejected or delayed.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character code used to identify bank branches in electronic payments. The structure is fixed:
- First 4 characters identify the bank. Example: PUNB = Punjab National Bank.
- 5th character is always 0 (reserved).
- Last 6 characters identify the specific branch. Example: in PUNB0MBGB06, the last six are MBGB06.
The last six characters can be letters, numbers, or both. They are assigned by the bank and uniquely mark a branch for routing payments.
How to Use IFSC Code for NEFT, RTGS, IMPS
Follow these practical steps when sending money to Bihar Gramin Bank, Bhakuwa:
- Open your bank’s app or internet banking portal. Go to “Funds Transfer” or “Add Beneficiary”.
- Choose transfer type: NEFT, RTGS or IMPS.
- Enter beneficiary details:
- Account holder name (exact as bank records).
- Account number (correct digits).
- IFSC: PUNB0MBGB06.
- Bank name: Bihar Gramin Bank, Branch: Bhakuwa (optional in some forms).
- Confirm the beneficiary and complete any verification (OTP/TPIN). Some banks require beneficiary activation before transfers.
- Initiate the transfer and choose amount. Note limits:
- NEFT—no minimum amount. Settlement timing depends on bank and RBI clearing cycles.
- RTGS—used for high-value payments; the usual minimum is ₹2,00,000. Check your bank for exact limits and timings.
- IMPS—instant, available 24×7. Per-transaction limits typically up to ₹2,00,000 but may vary by bank.
- Verify details on the confirmation screen. Approve the transaction. Keep the reference number for tracking.
Benefits of Knowing the IFSC
- Ensures funds reach the correct branch and account quickly.
- Prevents failed or misrouted payments caused by incorrect routing codes.
- Required for online forms, salary credits, vendor payments and utility collections.
- Makes reconciliation easier for businesses and accountants.
- Helps customer support trace transactions using the branch identifier.
Contact
Branch Phone: 9297954834
Branch Address: Bhakuwa, MADHUBANI, 847228
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only IFSC I should use for this branch?
A: Yes. After the merger under Punjab National Bank, PUNB0MBGB06 is the valid IFSC. Old UBGB/DBGB codes have been revoked.
Q: What happens if I enter a wrong IFSC while transferring?
A: If the IFSC does not match the bank and branch, the payment may be rejected by the receiving bank or returned to the sender. If the incorrect IFSC still points to a valid branch and the account number matches another account, funds could go to the wrong account. Always verify both IFSC and account number.
Q: How can I confirm this IFSC before sending money?
A: Confirm the IFSC from the beneficiary’s bank passbook, cheque leaf, or by calling the branch at 9297954834. Use the branch address and MICR code (800811002) as additional checks.
Q: Can IFSC codes change and will that affect standing instructions?
A: Yes. IFSC can change if banks merge or reorganise. Standing instructions may fail if they rely on an old IFSC. After a change, update beneficiary details to the new IFSC to avoid failed scheduled transfers.
Q: What is the difference between IFSC and MICR?
A: IFSC is for electronic transfers (NEFT/RTGS/IMPS). MICR (Magnetic Ink Character Recognition) is used for faster processing of physical cheques. MICR helps clearing houses process cheques, while IFSC is required for online routing.
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.