Koilakh is a village branch located in the Madhubani district of Bihar (PIN 847236). This page gives the key banking identifiers you need to send or receive funds. For electronic transfers such as NEFT, RTGS and IMPS, the IFSC code uniquely identifies the Koilakh branch and routes funds securely and quickly to the correct account.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Koilakh |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100352 |
| Branch Address | Koilakh, MADHUBANI, 847236, 9297954859 |
| Contact Number | 9297954859 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | MADHUBANI |
| Pincode | 847236 |
| State | Bihar |
Merger Update
Important: The regional rural banks in Bihar have been reorganized under Punjab National Bank. If this Koilakh branch previously used an Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) IFSC, those old codes have been revoked. All transactions must use the single, current IFSC PUNB0MBGB06 under Punjab National Bank. Do not use old UBGB or DBGB IFSC codes — such transfers will fail or be returned.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code that identifies a bank branch for electronic payments.
- First 4 characters = bank code (example: PUNB = Punjab National Bank).
- 5th character = reserved and is always 0.
- Last 6 characters = branch identifier (example: MBGB06 identifies the Koilakh branch under the PUNB coding).
How to Use IFSC Code
Steps to transfer money using the Koilakh IFSC (PUNB0MBGB06):
- Open your bank’s internet banking or mobile app and go to “Fund Transfer” or “Add Beneficiary”.
- Choose the transfer type: NEFT, RTGS or IMPS. (IMPS is immediate and available 24×7; NEFT/RTGS availability depends on your bank’s process.)
- Enter beneficiary name, account number, and the IFSC: PUNB0MBGB06. Enter exact account number — do not truncate or add spaces.
- Verify the beneficiary details shown by your bank (bank name and branch). Confirm and save beneficiary.
- Initiate the transfer for the required amount. For RTGS check your bank’s minimum limit for high-value transfers (commonly used for large-value settlements).
- Keep the transaction reference number. If a transfer fails, contact the beneficiary’s branch (phone: 9297954859) and your bank with the reference number.
Benefits of Knowing the IFSC
- Ensures funds are routed to the exact branch and account without delay.
- Required for all electronic transfers (NEFT, RTGS, IMPS) and many online payment forms.
- Reduces errors: correct IFSC avoids returns and reversal charges.
- Speeds reconciliation for businesses and regular payments like salaries or supplier invoices.
- Helps bank staff quickly verify branch details when resolving disputes.
Contact
Branch phone no: 9297954859
Branch Address: Koilakh, MADHUBANI, 847236
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Can I use PUNB0MBGB06 for NEFT, RTGS and IMPS?
A: Yes. Use PUNB0MBGB06 for NEFT, RTGS and IMPS transactions to the Koilakh branch. Ensure the beneficiary account number is correct.
Q: Why was my old UBGB IFSC rejected?
A: Old UBGB and DBGB IFSCs were revoked when operations merged under Punjab National Bank. Only the new IFSC PUNB0MBGB06 is valid now.
Q: What happens if I enter a wrong IFSC?
A: If the IFSC does not match the beneficiary bank/branch, the transaction will typically fail and be returned. In some cases it may go to a different branch if account number matches another branch; always double-check both IFSC and account number.
Q: How quickly will the money arrive?
A: IMPS is typically instant (24×7). NEFT and RTGS timings vary by bank and the time of submission — IMPS is best for immediate small-value transfers; RTGS is suited to high-value, real-time settlement. Check your sending bank for exact cutoffs and charges.
Q: Who do I contact if a transfer doesn’t show up?
A: First contact your bank with the transaction reference number. You can also contact the Koilakh branch at 9297954859 or the head office toll-free at 18001807777. Provide the date, amount, and reference number for faster resolution.
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.