Chakai is a block in Jamui district of Bihar. This article covers the Bihar Gramin Bank, Chakai branch and its codes. The IFSC is essential for electronic fund transfers. Banks use it to route NEFT, RTGS and IMPS payments to the correct bank and branch. Entering the correct IFSC avoids delays and failed transfers.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Chakai |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 3428 |
| Branch Address | Chakai, Jamui, 811303, 8102918631 |
| Contact Number | 8102918631 |
| City | Jamui |
| District | Jamui |
| Reason | JAMUI |
| Pincode | 811303 |
| State | Bihar |
Merger Update
Bihar Gramin Bank’s operations are linked to the earlier regional gramin banks. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged under the sponsor bank, Punjab National Bank (PNB). After the merger, a single IFSC code is being used for these merged operations: PUNB0MBGB06.
Old UBGB IFSC codes have been revoked. Only the new IFSC PUNB0MBGB06 is valid for electronic transactions. Do not use old or deprecated IFSCs for NEFT, RTGS or IMPS transfers.
What is IFSC Code?
The IFSC is an 11-character code that uniquely identifies a bank branch for electronic payments. Its structure is fixed:
- First 4 characters: bank identifier (for example, PUNB = Punjab National Bank).
- 5th character: reserved and is always 0.
- Last 6 characters: branch identifier (alphanumeric). For this branch the last six are MBGB06 in the code PUNB0MBGB06.
How to Use IFSC Code
- Open your bank’s internet banking or mobile app and go to ‘Fund Transfer’ or ‘Add Beneficiary’.
- Enter the beneficiary name and account number exactly as given by the recipient.
- Enter the IFSC PUNB0MBGB06 for Bihar Gramin Bank, Chakai branch. Double-check each character.
- Select transfer type: NEFT, RTGS or IMPS. Choose based on urgency and service availability.
- Confirm details and complete authentication (OTP, token or password) as required by your bank.
- Keep the transaction reference. Use it to track or query any delay.
Notes on service choice:
- NEFT is suitable for routine transfers. It is processed on an electronic settlement mechanism and is available widely.
- RTGS is intended for real-time gross settlement of higher-value payments when immediate clearing is needed.
- IMPS is instant and available round the clock for smaller and medium amounts via mobile or net banking.
Benefits of Knowing the IFSC
- Ensures funds reach the exact bank branch. This reduces failed transfers.
- Required field for NEFT, RTGS and IMPS transactions.
- Speeds up processing and reconciliation at banks.
- Makes it simple for beneficiaries to receive payments from anywhere in India.
- Helps call out errors quickly if the payment does not complete.
Contact
Branch phone no: 8102918631
Branch Address: Chakai, Jamui, 811303
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only code I should use now?
A: Yes. After the merger, PUNB0MBGB06 is the valid IFSC for the merged operations. Old UBGB or DBGB IFSCs are revoked and should not be used.
Q: How can I verify this IFSC before transferring?
A: Verify the code from a bank cheque leaf, the branch, or by calling the branch phone number 8102918631. Also confirm the beneficiary account name and account number before sending money.
Q: What is the difference between IFSC and MICR?
A: IFSC routes electronic payments to a specific bank branch. MICR is a 9-digit code used mainly to speed up cheque processing. Both identify the bank, but they serve different clearing systems.
Q: What if I enter the wrong IFSC in a transfer?
A: If the IFSC points to a non-existent branch, the transfer will usually fail and funds will return. If the IFSC points to a different account but the account number also matches another person, the money may be credited to the wrong account. Contact your bank immediately with the transaction reference to start recovery.
Q: Where do I find the IFSC on a cheque?
A: IFSC is printed on the cheque leaf, usually at the top near the bank name or in the MICR band area. If not visible, ask the issuing branch or check bank-provided documents.
Q: Can I use this IFSC for inward RTGS transfers from other banks?
A: Yes. Use PUNB0MBGB06 for inward NEFT, RTGS and IMPS transfers to the Bihar Gramin Bank Chakai branch.
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.