Bihar Gramin Bank I R STATION IFSC Code

I R STATION branch of Bihar Gramin Bank is located in Gaya district of Bihar (Pin code 824118). This IFSC code is needed when you send or receive electronic payments using NEFT, RTGS or IMPS. Banks use IFSC to route transactions to the exact branch. Entering the correct IFSC avoids delays and failed transfers.

Branch Details

Merger Update

Note: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been consolidated under Punjab National Bank. All former UBGB/DBGB branches now use a single IFSC code under PNB: PUNB0MBGB06. Old UBGB IFSC codes have been revoked. Only the new IFSC code PUNB0MBGB06 is valid for NEFT, RTGS and IMPS transactions to these merged branches.

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 transfers. The structure is:

• First 4 characters: Bank identifier (for example, PUNB = Punjab National Bank).
• 5th character: Always 0 (reserved).
• Last 6 characters: Branch identifier (alphanumeric). Example: in PUNB0MBGB06, the parts are PUNB | 0 | MBGB06.

How to Use IFSC Code

• Confirm the beneficiary’s account number and IFSC. Use bank statements, cheque book, or the branch details above.
• Open your netbanking or mobile banking app. Go to the beneficiary or payee section and add a new beneficiary.
• Enter beneficiary name, account number, and the IFSC PUNB0MBGB06. The app will usually validate the IFSC format automatically.
• For NEFT: No minimum. For RTGS: ensure amount meets RTGS minimum (bank-specific). For IMPS: transfers are usually instant and available 24/7.
• After adding beneficiary, complete any bank-mandated approval (OTP or waiting period). Then initiate the transfer, choose NEFT/RTGS/IMPS, and confirm.
• Keep transaction reference or UTR for tracking. If a transfer fails, provide the UTR to the bank for reconciliation.

Benefits of Knowing the IFSC

• Ensures funds route to the correct branch and account.
• Speeds up electronic transfers (NEFT, RTGS, IMPS).
• Reduces errors and failed transactions.
• Enables validation by banking apps before sending funds.
• Helps customer service or reconciliation when you provide the IFSC and UTR.

Contact

Branch Phone: 9771464234
Branch Address: I R STATION, Gaya, 824118
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 affected branches.

• Q: Where can I find the IFSC on my cheque?

  A: The IFSC is often printed on the cheque leaf or provided by the bank. The MICR code appears on the cheque’s bottom line and is not the same as IFSC.

• Q: What is the difference between IFSC and MICR?

  A: IFSC (11 characters) is used for electronic fund transfers. MICR (usually 9 digits, here 800811002) is used for cheque processing in the clearing system.

• Q: What if I enter the wrong IFSC while transferring?

  A: If the IFSC does not match the bank account details, the transfer may fail or be returned. If the bank incorrectly routes the payment, you must contact your bank with the transaction UTR for recovery. Keep the UTR and timestamp handy.

• Q: Can an IFSC change for a branch?

  A: Yes. IFSC can change if banks merge or if branches are restructured. Always verify the latest IFSC from the bank before making large payments.

Kriti Kumari

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.