Bihar Gramin Bank Khairi Banka IFSC Code

The Bihar Gramin Bank branch at Khairi Banka is located in Madhubani district, Bihar (pincode 847221). This branch handles routine banking services such as deposits, withdrawals, and electronic fund transfers. For digital payments by NEFT, RTGS or IMPS you must use the correct IFSC code. The IFSC ensures your funds route to the exact bank and branch and prevents failed or misdirected transfers.

Branch Details

Merger Update

The Khairi Banka branch uses the IFSC code PUNB0MBGB06 under Punjab National Bank (PNB). Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged, and their operations are now consolidated under PNB. Old UBGB and DBGB IFSC codes have been revoked. For all electronic transactions (NEFT/RTGS/IMPS), use only the new IFSC PUNB0MBGB06. Transactions attempted with revoked IFSCs may fail or be rejected.

What is IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to route electronic payments to a specific bank branch. The structure is:

• First 4 characters: identify the bank (for example, PUNB = Punjab National Bank).
• 5th character: always 0 (reserved).
• Last 6 characters: identify the branch (for example, MBGB06 points to the specific Bihar Gramin Bank branch under the merged structure).

Example: In PUNB0MBGB06, “PUNB” = bank, “0” = reserved, “MBGB06” = branch identifier.

How to Use IFSC Code

Follow these steps when sending money via NEFT, RTGS or IMPS:

• Open your bank’s netbanking app or mobile banking app and choose the fund transfer option.
• Select the transfer type: IMPS (instant, 24×7), NEFT (batch settlements), or RTGS (for high-value, real-time gross settlement).
• Add a new beneficiary. Enter beneficiary name, account number and the IFSC code PUNB0MBGB06 for Bihar Gramin Bank, Khairi Banka.
• Verify the beneficiary details. The app usually displays the branch name after you enter the IFSC—confirm it matches Khairi Banka / MADHUBANI.
• Initiate the transfer and, if required, authenticate with OTP/transaction password.
• Save the beneficiary only after confirming a small test transfer if you are sending a large amount.

Note: IMPS works 24×7 and is best for immediate small value transfers. RTGS is used for large value transfers (check your bank’s minimum RTGS limit). NEFT settles in hourly batches or continuous (bank dependent).

Benefits of Knowing the IFSC

• Ensures money is routed to the correct branch and account.
• Reduces failed transactions and reversal delays.
• Makes online payments (NEFT/RTGS/IMPS) fast and reliable.
• Necessary for setting up electronic mandates and receiving corporate payments or government transfers.
• Helps bank staff verify branch identity quickly during support calls.

Contact

Branch phone no: 9297954856

Branch Address: Khairi Banka, MADHUBANI, 847221

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free no: 18001807777

FAQs

• Q: Can I use any older UBGB or DBGB IFSC for transfers to this branch?
  A: No. Old UBGB or DBGB IFSCs have been revoked after the merger. Use only PUNB0MBGB06 for successful transfers.
• Q: What should I do if a transfer shows “invalid IFSC” error?
  A: Re-check that you entered the 11-character IFSC exactly: PUNB0MBGB06. Ensure there are no extra spaces or characters. If correct and still failing, contact your bank or the branch at 9297954856.
• Q: Is IFSC case-sensitive?
  A: No. IFSC is not case-sensitive, but enter it in the exact 11-character format. Most banking apps accept upper or lower case.
• Q: Which transfer mode should I use for immediate credit?
  A: Use IMPS for instant 24×7 transfers (subject to bank limits). RTGS is immediate for high-value transfers during RTGS hours. NEFT may have small delays depending on settlement cycles.
• Q: What is MICR and when is it needed?
  A: MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing. For Khairi Banka the MICR code is 800811002. You typically need MICR for cheque processing, not for electronic IMPS/NEFT/RTGS transfers.

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.