Budhanagar branch is located in Nalanda district of Bihar. The full branch address is BUDHANAGAR, Nalanda, 801303. For anyone sending or receiving money to this branch, the IFSC code is essential. IFSC (Indian Financial System Code) is used to route electronic payments such as NEFT, RTGS and IMPS. Entering the correct IFSC ensures the transfer reaches the intended bank branch without delay or return.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | BUDHANAGAR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7467 |
| Branch Address | BUDHANAGAR, Nalanda, 801303, 7781004467 |
| Contact Number | 7781004467 |
| City | Nalanda |
| District | Nalanda |
| Reason | BIHARSHARIF |
| Pincode | 801303 |
| State | Bihar |
Merger Update
Note on UBGB and DBGB: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into Punjab National Bank’s regional operations. Both former banks now operate under a single IFSC code: PUNB0MBGB06. Old UBGB IFSC codes have been revoked. For all electronic transactions use only the new IFSC PUNB0MBGB06. Transactions attempted with revoked (old UBGB) IFSC codes will fail or be returned.
What is IFSC Code?
The IFSC is a unique 11-character code used for electronic funds transfer in India. Its structure is fixed:
- First 4 characters – Bank identifier. Example: PUNB for Punjab National Bank.
- 5th character – Always 0 (reserved for future use).
- Last 6 characters – Branch identifier. Example: MBGB06 in PUNB0MBGB06.
Together they locate the exact bank and branch within the NEFT/RTGS/IMPS network.
How to Use IFSC Code
- Open your bank’s netbanking, mobile banking app, or visit the branch.
- Choose the transfer type: NEFT, RTGS or IMPS. RTGS is for high-value immediate transfers; NEFT is batch-settled; IMPS is instant 24×7 for lower amounts.
- Enter beneficiary name and account number exactly as given by the recipient.
- Enter the IFSC code: PUNB0MBGB06 for Bihar Gramin Bank, Budhanagar branch.
- Confirm beneficiary details shown by the system. If the bank name or branch shown does not match, stop and verify before proceeding.
- Enter amount and message (optional). Confirm and authorize the transaction using your chosen authentication (OTP/transaction password).
- Save the transaction reference number. For failed transfers, use this number to trace or file a complaint.
Benefits of Knowing the IFSC
- Ensures funds are routed to the correct bank and branch.
- Reduces failed transfers and delays.
- Required for NEFT, RTGS and IMPS transactions.
- Needed when adding beneficiaries in online banking or UPI setups.
- Helps customer service trace transactions faster using the branch code and MICR.
Contact
Branch phone no: 7781004467
Branch Address: BUDHANAGAR, Nalanda, 801303
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
- Q: Can I use PUNB0MBGB06 for online transfers to Budhanagar branch?
A: Yes. Use IFSC PUNB0MBGB06 for NEFT, RTGS and IMPS to the Budhanagar branch.
- Q: Has the IFSC changed after bank mergers?
A: For UBGB and DBGB customers the old IFSC codes have been revoked. The consolidated code in operation is PUNB0MBGB06. Always verify before sending funds.
- Q: Is MICR code required for online transfers?
A: No. MICR (800811002) is used for cheque clearing. For NEFT/RTGS/IMPS only the IFSC is required. However, MICR helps in offline cheque processing and reconciliation.
- Q: What if I enter a wrong IFSC but correct account number?
A: If the wrong IFSC points to a different branch with a different account number pattern, the transfer may fail or be returned. If the incorrect IFSC still maps to the same bank and a valid account, the funds may credit an unintended account. Always confirm both IFSC and account number.
- Q: How long do NEFT, RTGS and IMPS transactions take?
A: IMPS is instant (seconds). RTGS is near-instant for high-value payments during working hours. NEFT settles in batches; most settlements are processed within a few hours on business days. Settlement times depend on payer’s and beneficiary’s banks and cut-off times.
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.