The Bihar Gramin Bank branch at Ganj Bazar is located in Muzaffarpur district, Bihar (PIN 845437). For electronic fund transfers such as NEFT, RTGS and IMPS, the IFSC code is essential. It tells the payment system which bank and which branch should receive the funds. Using the correct IFSC avoids failed transfers, delays and manual reconciliation at the beneficiary bank.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Ganj Bazar |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 108084 |
| Branch Address | Ganj Bazar, MUZAFFARPUR, 845437, 9297955350 |
| Contact Number | 9297955350 |
| City | MUZAFFARPUR |
| District | MUZAFFARPUR |
| Reason | MUZAFFARPUR |
| Pincode | 845437 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been combined under Punjab National Bank (PNB) sponsorship. Following that merger, transactions for branches formerly under UBGB/DBGB now use the single IFSC PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked. For all NEFT/RTGS/IMPS transfers to these branches use only PUNB0MBGB06. Using any deprecated IFSC may cause rejection or significant delay.
What is an IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in electronic payments. Its standard structure is:
- First 4 characters — bank identifier (example: PUNB = Punjab National Bank).
- 5th character — reserved and always 0.
- Last 6 characters — branch identifier (alphanumeric); for this branch: MBGB06.
So for PUNB0MBGB06: PUNB = bank, 0 = reserved, MBGB06 = branch code used by the payment network to route funds to Ganj Bazar (Muzaffarpur).
How to Use the IFSC Code (NEFT, RTGS, IMPS)
- Open your bank’s internet banking or mobile banking app and choose the transfer option (NEFT, RTGS or IMPS).
- Select “Add beneficiary” (if not already added). Enter beneficiary name exactly as in their bank records.
- Enter the beneficiary account number and the IFSC PUNB0MBGB06. Double-check each character; a single wrong character can misroute the payment.
- For NEFT/RTGS, choose the transfer type and enter the amount. RTGS is typically used for higher-value immediate transfers; check your bank for minimum RTGS limits.
- Confirm details, submit, and authenticate with your transaction password/OTP. Keep the transaction reference for tracking.
- If you are uncertain about cut-off times or 24×7 availability, verify with the bank before initiating large or time-sensitive payments.
Benefits of Knowing the IFSC
- Ensures funds are routed to the correct bank branch for NEFT, RTGS and IMPS transfers.
- Reduces failed or returned transactions and related processing time.
- Speeds up beneficiary onboarding for repeat transfers.
- Helps customer support and reconciliation when tracking payments (you can quote the IFSC and branch code).
- Required for many online forms like salary credits, utility payments and government receipts.
Contact
Branch Phone: 9297955350
Branch Address: Ganj Bazar, MUZAFFARPUR, 845437
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777
FAQs
Q: Can I use any other IFSC for this branch?
A: No. Use only PUNB0MBGB06 for transfers to the Ganj Bazar (Muzaffarpur) branch. Old UBGB/DBGB IFSCs have been revoked after the merger and will not route funds correctly.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC does not match the account number and bank, the transfer may be rejected or returned to the sender. In some cases misdirected transfers can take time to recover. Always verify account number, name and IFSC before confirming.
Q: Is there a minimum or maximum amount for NEFT, RTGS or IMPS?
A: NEFT usually has no minimum, IMPS is for immediate small-value transfers, and RTGS is intended for high-value real-time transfers (banks often set a minimum, historically around ₹2 lakh). Check your bank’s current limits and charges before initiating large transfers.
Q: How quickly will the beneficiary receive the funds?
A: IMPS is typically immediate, NEFT settlement depends on batch timings or 24×7 availability rules set by the RBI and the bank, and RTGS is real-time for high-value payments. Processing times and cut-offs vary by bank; confirm with your bank for exact expectations.
Q: Where can I confirm this IFSC and branch details?
A: Confirm with the branch using the phone number above or ask the beneficiary to provide a cancelled cheque or bank passbook entry that shows the IFSC. For official changes after a merger, the bank’s customer service will confirm the current valid IFSC.
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.