The Bihar Gramin Bank branch at Kapasia is located in Gaya district, Bihar (PIN 824026). This branch handles retail and rural banking services for local customers. For electronic fund transfers—NEFT, RTGS and IMPS—the branch’s IFSC code is required to route payments correctly and avoid failed transfers. Entering the correct IFSC ensures the remittance reaches the exact bank and branch quickly and securely.
Branch Details
| Bank Name | Bihar Gramin Bank |
|---|---|
| Branch Name | KAPASIA |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7236 |
| Branch Address | KAPASIA, Gaya, 824026, 9771464236 |
| Contact Number | 9771464236 |
| City | Gaya |
| District | Gaya |
| Reason | GAYA |
| Pincode | 824026 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been consolidated under a single operating structure sponsored by Punjab National Bank. After the merger, branches that earlier used UBGB or DBGB IFSCs now use the unified IFSC PUNB0MBGB06 for all electronic transfers. Old UBGB and DBGB IFSC codes have been revoked. Only the new IFSC PUNB0MBGB06 is valid for NEFT, RTGS and IMPS transactions. Always confirm the IFSC before initiating a transfer.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to identify bank branches in electronic fund transfers.
- First 4 characters — identify the bank. Example: PUNB = Punjab National Bank.
- 5th character — reserved and is always 0 (zero).
- Last 6 characters — identify the specific branch. Example: MBGB06 points to the merged gramin-bank branch series under PNB.
So the IFSC PUNB0MBGB06 breaks down as: PUNB (bank) + 0 (reserved) + MBGB06 (branch identifier). The full code is required for routing NEFT/RTGS/IMPS payments.
How to Use IFSC Code (NEFT, RTGS, IMPS)
- Step 1: Confirm beneficiary details — name, account number, account type (saving/current), and IFSC (PUNB0MBGB06 for Kapasia branch).
- Step 2: Log in to your bank’s netbanking, mobile app or visit the branch counter.
- Step 3: Add the beneficiary using the account number and IFSC. Many banks require beneficiary approval (may take minutes to hours).
- Step 4: Choose transfer type: IMPS for instant 24×7 small-value transfers, NEFT for routine transfers (available 24×7 in batches), RTGS for large-value real-time transfers (check your bank’s minimum limit and cut-off limits).
- Step 5: Enter amount, purpose, and any remark. Verify the IFSC and account number again before confirming.
- Step 6: Authenticate the transaction with OTP/transaction PIN. Save the reference number for tracking.
- Tips: If the IFSC is incorrect, the transfer may fail or be returned. For outward inward NEFT/RTGS, banks may require additional beneficiary verification. Check your bank’s daily transfer limits and charges.
Benefits of Knowing the IFSC
- Ensures funds reach the exact branch and account without manual routing.
- Reduces failed transactions and return delays.
- Enables online transfers (NEFT, RTGS, IMPS) from anywhere, anytime.
- Helps banks process incoming remittances and reconcile accounts.
- Required for adding beneficiaries and receiving electronic payments, salaries, and refunds.
- Useful for verifying bank identity during documentation and KYC processes.
Contact
Branch Phone: 9771464236
Branch Address: KAPASIA, Gaya, 824026
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Can I use an old UBGB IFSC for transfers to this branch?
A: No. Old UBGB and DBGB IFSC codes have been revoked after the merger. Use only PUNB0MBGB06 for transactions to this branch.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC does not match the account number, the transfer will usually fail and be returned, causing delay. In some cases, if the wrong IFSC points to an active branch with the same account number format, funds could be misrouted — contact your bank immediately.
Q: Which transfer method should I use — NEFT, RTGS or IMPS?
A: Use IMPS for instant, small-value transfers (24×7). Use NEFT for routine transfers without high value (now available 24×7 in hourly/batch processing). Use RTGS for large-value transfers where real-time settlement is required. Check your bank’s minimum RTGS limit and charges.
Q: Do I need IFSC to receive money through UPI?
A: No. UPI uses a Virtual Payment Address (VPA) and does not require IFSC for peer-to-peer payments. IFSC is required when you add a beneficiary for bank transfers (NEFT/RTGS/IMPS).
Q: How can I verify the IFSC before making a transfer?
A: Verify the IFSC on a bank cheque leaf, bank passbook, or official bank communications. Confirm with the branch phone (9771464236) or the head office before sending large amounts. Always match the 11-character format — first four letters (bank), a zero, then six characters for 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.