Bihar Gramin Bank KARMAUNI IFSC Code

Bihar Gramin Bank, KARMAUNI branch is located in Karmauni village in Gaya district, Bihar (Pincode 824234). The branch serves rural customers for deposits, withdrawals, and inward/outward fund transfers. For electronic transfers — NEFT, RTGS, IMPS — the IFSC code identifies the exact bank and branch. Using the correct IFSC ensures payments route to the right account quickly and avoids failed or misdirected transfers.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	KARMAUNI
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7239
Branch Address	KARMAUNI, Gaya, 824234, 9771464239
Contact Number	9771464239
City	Gaya
District	Gaya
Reason	GAYA
Pincode	824234
State	Bihar

Merger Update

Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single banking arrangement under Punjab National Bank. This KARMAUNI branch now uses the IFSC code PUNB0MBGB06 (Punjab National Bank format). Old UBGB IFSC codes have been revoked. For any NEFT, RTGS or IMPS transfer to accounts formerly under UBGB or DBGB, use only PUNB0MBGB06. Transactions sent using old UBGB IFSCs will fail or be rejected.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used by NEFT, RTGS and IMPS to route funds to the correct bank branch. The structure is:

• First 4 characters: Bank identifier (example: PUNB = Punjab National Bank).
• Fifth character: Reserved and always 0 (zero).
• Last 6 characters: Branch identifier (example: MBGB06 for this branch).

Example for this branch: PUNB0MBGB06 — “PUNB” (bank) + “0” (reserved) + “MBGB06” (branch code).

How to Use IFSC Code

Steps to initiate a fund transfer using NEFT, RTGS or IMPS:

• Open your bank’s netbanking portal or mobile app, or visit the branch.
• Choose the transfer type (NEFT, RTGS or IMPS). IMPS is instant and available 24×7; NEFT and RTGS availability depends on your bank but are generally available online round-the-clock—confirm with your bank for cut-offs.
• Select “Add Beneficiary” or “New Payee.”
• Enter beneficiary name, account number and the IFSC: PUNB0MBGB06. Double-check each digit and letter.
• Provide a purpose or remark if required and submit the beneficiary creation request. Approve via OTP or netbanking token as per your bank’s process.
• Once beneficiary is active, enter the transfer amount, choose NEFT/RTGS/IMPS, and confirm. For RTGS, banks commonly require higher minimum amounts — check your bank’s threshold.
• Verify the confirmation screen carefully (account number, name, IFSC) before authorizing the payment.

Benefits of Knowing the IFSC

• Ensures accurate routing of electronic payments to the correct branch.
• Avoids delays, rejections or returned transactions caused by incorrect branch identification.
• Makes setting up beneficiaries simple and faster on internet banking or mobile apps.
• Helps support staff and reconciliation teams identify branch-level entries quickly.
• Mandatory for NEFT, RTGS and IMPS transfers — one small code prevents big mistakes.

Contact

Branch Phone: 9771464239
Branch Address: KARMAUNI, Gaya, 824234
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777

FAQs

Q: Can I use this IFSC for all electronic transfers to the KARMAUNI branch?
A: Yes. Use PUNB0MBGB06 for NEFT, RTGS and IMPS transfers to accounts at KARMAUNI branch. This is the valid code after the consolidation under Punjab National Bank.

Q: I have an old UBGB IFSC saved. Is it still valid?
A: No. Old UBGB IFSC codes have been revoked after the merger. Use only PUNB0MBGB06. Transfers using revoked codes will likely fail.

Q: What if I enter the wrong IFSC but correct account number?
A: Banks usually match both IFSC and account number. A wrong IFSC can route the payment to another branch or get rejected. Always verify both account number and IFSC before confirming. If funds are misrouted, contact your bank immediately with transaction details.

Q: How quickly will the money arrive using NEFT, RTGS or IMPS?
A: IMPS is instant (real-time). NEFT settlement and RTGS timing depend on the bank and transfer type. Many banks now offer NEFT/RTGS 24×7 in real time, but confirm with your bank for any limits or cut-offs.

Q: Are there transfer limits or charges?
A: Charges and limits vary by bank and customer type (savings/current). IMPS limits are set by the bank per transaction/account. RTGS is typically used for large-value transfers and may have a minimum. Check with Bihar Gramin Bank or your own bank for exact fees and limits before initiating large transfers.

Q: How can I verify the beneficiary name after entering IFSC and account number?
A: Most bank portals display the beneficiary name fetched from the bank’s record when you enter the account number and IFSC. Match that name before proceeding. If the portal does not auto-verify, perform a small value test transfer and confirm receipt.