Koreya is a village in the Gopalganj district of Bihar. The local Bihar Gramin Bank branch in Koreya serves residents and small businesses in and around the pincode 841426. For any electronic fund transfer—NEFT, RTGS or IMPS—you must provide a correct IFSC code. The IFSC uniquely identifies the bank and branch in the payment network and routes funds to the right account. A wrong or revoked IFSC can delay or block a transfer, so use the verified IFSC when you send money.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Koreya |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100500 |
| Branch Address | Koreya, GOPALGANJ, 841426, 9297954560 |
| Contact Number | 9297954560 |
| City | GOPALGANJ |
| District | GOPALGANJ |
| Reason | GOPALGANJ |
| Pincode | 841426 |
| State | Bihar |
Merger Update
Punjab National Bank has consolidated regional gramin banks under its umbrella. If this Koreya branch was earlier listed under Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), note that both those banks have been merged. The single, valid IFSC for transactions now is PUNB0MBGB06 under Punjab National Bank. Old UBGB or DBGB IFSC codes have been revoked. Do not use old IFSCs; they will not work for NEFT/RTGS/IMPS.
What is an IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a bank branch in electronic payments.
Structure:
- First 4 characters — bank identifier (e.g., PUNB = Punjab National Bank)
- 5th character — reserved and is 0 (zero) by standard
- Last 6 characters — branch identifier (letters and/or numbers) unique to that branch
Example: PUNB0MBGB06
PUNB = Punjab National Bank, 0 = reserved, MBGB06 = specific branch code mapped to Koreya under the merged structure.
How to Use IFSC Code for NEFT, RTGS, IMPS
Follow these steps when you transfer funds from your bank account or mobile banking app.
- Open the bank’s transfer form and choose the transfer type: NEFT, RTGS or IMPS.
- Enter the beneficiary name exactly as on their bank account. Small mismatches can cause delays.
- Enter the beneficiary account number carefully. Re-check digits before submitting.
- Enter the IFSC: PUNB0MBGB06 for Bihar Gramin Bank, Koreya branch.
- Choose the transfer amount and purpose. For RTGS, use it for high-value immediate settlement (typically used for amounts at or above the bank’s RTGS threshold). NEFT is appropriate for most other transfers. IMPS is instant and works 24×7 for smaller, immediate transfers subject to bank limits.
- Confirm details and authorize the transfer using your bank’s authentication method (OTP, UPI PIN, etc.).
- Save the transaction reference number. Use it to track or report failed transfers.
Benefits of Knowing the IFSC
- Accurate routing of funds to the correct branch and account.
- Faster processing—electronic systems match IFSC to branch routing tables automatically.
- Fewer failed or returned transactions caused by wrong branch identification.
- Needed for online forms, utilities, vendor payments, and salary credits.
- Helps bank staff trace a transaction quickly using the IFSC and reference number.
Contact
Branch phone no: 9297954560
Branch Address: Koreya, GOPALGANJ, 841426
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777
FAQs
Q: What is the IFSC for Bihar Gramin Bank Koreya?
A: The IFSC is PUNB0MBGB06.
Q: Where can I verify this IFSC before initiating a transfer?
A: Verify the IFSC on the bank passbook, cheque leaf, official bank branch noticeboard, or the bank’s customer care. For merged branches, the head office confirmation and the bank’s updated branch list are reliable. Always prefer bank-issued sources.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC points to another valid branch, the transfer may go to that branch and could reach a wrong account if the account number also exists. If the IFSC is invalid or revoked, the transaction will usually fail and funds will return to your account. Keep the transaction reference and contact your bank immediately if you suspect an error.
Q: Are NEFT, RTGS and IMPS available round-the-clock?
A: IMPS is available 24×7. NEFT and RTGS have been extended to near-continuous service by banks and payments infrastructure; however, banks may impose processing windows or maintenance periods. Confirm with your bank for exact service availability and cut-off times.
Q: Do old UBGB or DBGB IFSCs still work for transfers to this branch?
A: No. UBGB and DBGB IFSCs have been revoked after merger. Use only the new IFSC PUNB0MBGB06 for transactions to this branch.
Q: What is the MICR code used for?
A: The MICR code (here 800811002) is a 9-digit number used for cheque processing and clearing through the clearinghouse. It helps automated cheque sorting and settlement, but electronic transfers rely on IFSC.
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.