The Bihar Gramin Bank KESPA branch is located in KESPA, Gaya district, Bihar (PIN 824235). This branch serves local residents and businesses in and around Gaya. For electronic fund transfers like NEFT, RTGS and IMPS you must use the correct IFSC code. The IFSC identifies the bank and the exact branch in the national payment system. Using the right IFSC avoids delays, failed transfers, or funds going to the wrong branch.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | KESPA |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7243 |
| Branch Address | KESPA, Gaya, 824235, 9771464243 |
| Contact Number | 9771464243 |
| City | Gaya |
| District | Gaya |
| Reason | GAYA |
| Pincode | 824235 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been consolidated under Punjab National Bank for backend clearing and IFSC assignment. As a result, this branch uses the single IFSC code PUNB0MBGB06 for NEFT, RTGS and IMPS. Old UBGB or DBGB IFSC codes have been revoked and are no longer valid for transactions. Always use the new IFSC shown above to ensure funds reach the KESPA branch.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in electronic payment systems.
- First 4 characters: Bank identifier (letters). Example: PUNB = Punjab National Bank.
- 5th character: Always 0 (reserved for future use).
- Last 6 characters: Branch identifier. Example: in PUNB0MBGB06 the last six are MBGB06.
How to Use IFSC Code
Use the IFSC whenever you send or receive funds by NEFT, RTGS or IMPS. Steps differ slightly by channel:
- NEFT
- Open your bank’s internet banking or mobile app and choose NEFT/Transfer.
- Enter beneficiary name, account number, and IFSC: PUNB0MBGB06.
- Enter amount and purpose, then confirm with OTP/transaction password.
- NEFT transfers are typically processed quickly; many banks now offer 24×7 NEFT. Confirm settlement times with your bank if time-sensitive.
- RTGS
- RTGS is for high-value transfers. Choose RTGS in your bank app if the amount meets your bank’s minimum.
- Fill beneficiary name, account number and IFSC PUNB0MBGB06.
- Verify details and authenticate. RTGS often settles in real time; availability may be 24×7 depending on the bank.
- IMPS
- IMPS is instant and available 24×7. Select IMPS in your mobile app.
- Provide account number, IFSC PUNB0MBGB06 and amount.
- Authenticate and send. Funds are credited immediately in most cases.
Benefits of Knowing the IFSC
- Ensures your funds go to the correct bank branch every time.
- Prevents transaction failure and avoids delays in refunds.
- Required by all electronic transfer systems (NEFT, RTGS, IMPS).
- Makes online bill payments and salary credits smoother.
- Useful when filling bank forms, cheques or giving account details to a sender.
Contact
Branch Phone: 9771464243
Branch Address: KESPA, Gaya, 824235
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: What IFSC should I use for transferring money to Bihar Gramin Bank KESPA?
A: Use PUNB0MBGB06. This is the active IFSC for the KESPA branch.
Q: Can I use an old UBGB IFSC code for transfers?
A: No. Old UBGB/DBGB IFSC codes have been revoked after consolidation. Only PUNB0MBGB06 is valid now. Using an old code can lead to failed transfers.
Q: What is the MICR code used for?
A: MICR (Magnetic Ink Character Recognition) code helps with cheque clearance. For KESPA the MICR is 800811002. It is not required for NEFT/RTGS/IMPS but appears on cheques.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC does not match the beneficiary branch, the payment may fail or return to the sender. If the account number and IFSC combination resolves to a different account, funds could go to the wrong recipient. Always double-check IFSC and account number.
Q: Are NEFT, RTGS and IMPS available 24×7 for this branch?
A: Many banks offer 24×7 NEFT, RTGS and IMPS. Availability can vary by third-party services and bank policies. For time-sensitive transactions, confirm with the branch at 9771464243 or your remitting bank before sending.
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.