Lagma is a village branch of Bihar Gramin Bank in Darbhanga district, Bihar (PIN 847407). This branch serves local residents and small businesses for deposits, withdrawals and inward/outward fund transfers. For electronic transfers like NEFT, RTGS and IMPS you must use a correct IFSC code. The IFSC ensures the transfer routes to the exact bank and branch so funds reach the intended account quickly and without manual routing.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Lagma |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100483 |
| Branch Address | Lagma, DARBHANGA, 847407, 9297955116 |
| Contact Number | 9297955116 |
| City | DARBHANGA |
| District | DARBHANGA |
| Reason | DARBHANGA |
| Pincode | 847407 |
| State | Bihar |
Merger Update
Bihar Gramin Bank now operates under the sponsorship of Punjab National Bank for many core banking services. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged to form the present structure. As a result, a single IFSC code PUNB0MBGB06 is used for the merged branches under Punjab National Bank routing. Old UBGB and DBGB IFSC codes have been revoked. For electronic transfers, always use the new IFSC PUNB0MBGB06; older IFSCs will not work and transactions may fail or be returned.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify bank branches for electronic payments. The structure is:
- First 4 characters: Bank identifier (alphabetic). Example: PUNB = Punjab National Bank.
- 5th character: Always the digit 0 (reserved).
- Last 6 characters: Branch identifier (alphanumeric). Example: MBGB06 in PUNB0MBGB06 identifies the specific branch routing.
How to Use IFSC Code (NEFT, RTGS, IMPS)
- Collect beneficiary details: name, bank name, branch, full account number and IFSC (use PUNB0MBGB06 for Bihar Gramin Bank Lagma).
- In your bank’s payment form (internet banking, mobile app or branch), choose transfer type:
- IMPS for instant transfers (available 24×7; per-transaction limits set by bank, commonly up to ₹2 lakh).
- NEFT for routine transfers (now available 24×7; suitable for most values).
- RTGS for high-value real-time transfers (used typically for amounts above ₹2 lakh; available 24×7).
- Enter beneficiary account number and IFSC exactly. Many banks auto-populate the bank/branch name after you type the IFSC. Verify this matches “Bihar Gramin Bank – Lagma / PUNB0MBGB06”.
- Confirm beneficiary name and account number. If they do not match, re-check details with the beneficiary or branch.
- For a new beneficiary, consider a small test transfer (₹1–100) first. Retain transaction receipt or reference number until beneficiary confirms credit.
- If a transfer fails or is returned, contact your bank immediately with the transaction reference and the beneficiary IFSC/account details.
Benefits of Knowing the IFSC
- Precise routing: Sends funds directly to the correct branch and avoids manual intervention.
- Faster settlement: Ensures NEFT/RTGS/IMPS processing without delays from mismatched routing.
- Less error-prone: Entering the correct IFSC reduces failed or misdirected transfers.
- Works across channels: Required for online banking, mobile apps and branch-initiated transfers.
- Helps verification: Many systems show bank/branch name on entering IFSC; useful to confirm beneficiary details.
Contact
Branch phone no: 9297955116
Branch Address: Lagma, DARBHANGA, 847407
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Is PUNB0MBGB06 the correct IFSC for Bihar Gramin Bank Lagma?
A: Yes. Use PUNB0MBGB06 for electronic transfers to the Lagma branch. This is the valid IFSC after the merger and replaced older codes.
Q: What happens if I use an old UBGB or DBGB IFSC?
A: Old UBGB/DBGB IFSC codes have been revoked. Transactions using revoked IFSCs will fail or be returned. Always use the new IFSC PUNB0MBGB06 for transfers.
Q: Can I use IFSC for UPI transfers?
A: UPI uses virtual payment addresses (VPAs) and mobile numbers rather than IFSC. However, IFSC is required for bank-to-bank transfers via NEFT/RTGS/IMPS and for adding beneficiaries in many bank apps.
Q: How can I verify the IFSC before making a transfer?
A: Verify via a recent cheque leaf or passbook from the branch, by calling the branch at 9297955116, or by confirming with the beneficiary. After entering IFSC in most bank forms, the system shows the bank and branch name—use that to cross-check.
Q: If I enter the wrong IFSC but correct account number, will the money go to the right account?
A: Banks generally validate IFSC and account number together. If IFSC points to a different bank/branch, the transfer will likely fail or be returned. Always supply both accurate IFSC and account number to avoid problems.
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.