Kapileshwar Asthan is a branch in the Madhubani district of Bihar (PIN 847238). It serves rural and semi-urban customers around the town and nearby villages. For electronic fund transfers — NEFT, RTGS and IMPS — the branch uses a specific IFSC code. The IFSC code routes your transfer to the correct bank and branch. Entering the right IFSC avoids failed transfers and delays.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | Kapileshwar Asthan |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100391 |
| Branch Address | Kapileshwar Asthan, MADHUBANI, 847238, 9297954850 |
| Contact Number | 9297954850 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | MADHUBANI |
| Pincode | 847238 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged under Punjab National Bank (PNB). Following the merger, the consolidated branches now use the single IFSC code PUNB0MBGB06 for electronic transfers. Old UBGB and DBGB IFSC codes have been revoked. Use only the new IFSC code PUNB0MBGB06 when sending funds to this branch. Transactions attempted using the old codes may fail or be returned.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It identifies a specific bank and branch for electronic payments. The structure is:
- First 4 characters: Bank identifier (letters). Example: PUNB = Punjab National Bank.
- 5th character: Always 0 (reserved for future use).
- Last 6 characters: Branch identifier (letters and/or numbers). Example: MBGB06 identifies the specific branch post-merger.
So PUNB0MBGB06 breaks down as PUNB | 0 | MBGB06.
How to Use IFSC Code
- Open your bank’s netbanking, mobile app, or visit the branch for fund transfer.
- Choose the transfer type: NEFT, RTGS or IMPS. IMPS is instant and available 24×7. NEFT and RTGS rules may vary by bank.
- Enter beneficiary name, account number and IFSC: PUNB0MBGB06. Double-check the digits and letters.
- Verify account details shown by the system after entering IFSC and account number. Confirm the name and account match before proceeding.
- Enter amount and any transaction remark. Authorize using your OTP, UPI PIN or netbanking token as required.
- Keep the transaction reference or UTR for tracking or for resolving disputes.
Benefits of Knowing the IFSC
- Ensures funds reach the exact bank branch. It reduces failed transfers.
- Speeds up processing. Systems route payments directly to the branch.
- Makes validation automatic. Banks cross-check IFSC with account number to detect mismatches.
- Enables 24×7 instant transfers via IMPS and improved NEFT/RTGS routing.
- Useful when filling forms for salaries, vendor payments and online purchases.
Contact
Branch Phone No: 9297954850
Branch Address: Kapileshwar Asthan, MADHUBANI, 847238
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free No: 18001807777
FAQs
Q: Can I use the IFSC PUNB0MBGB06 for NEFT, RTGS and IMPS?
A: Yes. Use PUNB0MBGB06 for NEFT, RTGS and IMPS transfers to this branch. It is the valid code after the merger.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC does not match the account number, many banks will flag a mismatch and prevent the transfer. If a transfer goes through to a different account due to incorrect details, recovery can be slow. Always verify name and account number after entering IFSC.
Q: How do I confirm the correct IFSC before sending money?
A: Confirm the IFSC from a recent bank statement, cheque leaf, the branch, or the contact details above. Verify the beneficiary name shown by your bank after entering account number and IFSC.
Q: Are old UBGB/DBGB IFSC codes usable after the merger?
A: No. Old UBGB and DBGB IFSC codes have been revoked. Use only the new IFSC PUNB0MBGB06 assigned under Punjab National Bank for transactions.
Q: Is IFSC case sensitive?
A: IFSC is not case sensitive in practical use, but enter it using uppercase letters as printed: PUNB0MBGB06. Typing errors or wrong characters will cause validation failures.
Q: What is the MICR code and when is it used?
A: MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for processing cheques. For electronic transfers (NEFT/RTGS/IMPS) IFSC is the key identifier. The MICR for this branch is 800811002.
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.