Bihar Gramin Bank Lakhnaur IFSC Code

Lakhnaur is a rural branch location in the Madhubani district of Bihar (PIN 847403). This article gives the essential banking details for Bihar Gramin Bank, Lakhnaur, and explains the IFSC code you must use for electronic fund transfers. The IFSC is required to route NEFT, RTGS and IMPS payments to the correct bank branch. Entering the correct IFSC avoids failed transfers, delays, or funds going to the wrong account.

Branch Details Table

Merger Update

Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged under Punjab National Bank. After the merger, both banks now use a single IFSC code format under Punjab National Bank. For this Lakhnaur branch the valid IFSC is PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked and are no longer valid for NEFT/RTGS/IMPS transactions. Always use the new IFSC PUNB0MBGB06 when adding this beneficiary.

What is IFSC Code?

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

• First 4 characters — identify the bank. Example: PUNB = Punjab National Bank.
• Fifth character — always the digit 0, reserved for future use.
• Last 6 characters — identify the branch. They can be numeric or alphanumeric. Example: MBGB06 in PUNB0MBGB06 identifies this branch after the merger.

How to Use IFSC Code (NEFT, RTGS, IMPS)

• Step 1: Collect beneficiary details — account name, account number, IFSC (PUNB0MBGB06 for Lakhnaur), and bank/branch name. Verify spelling and numbers from a recent cheque leaf, passbook, or official bank document.
• Step 2: In your bank’s internet banking or mobile app choose the transfer type — NEFT, RTGS or IMPS. Banks also allow beneficiary addition in the app or netbanking.
• Step 3: Add a new beneficiary by entering the account number and IFSC exactly. Some systems auto-fill the branch name once IFSC is valid. Do not rely on partial matches.
• Step 4: Confirm beneficiary addition (OTP or security approval). For first-time transfers, some banks have a cooling period before the beneficiary can be used.
• Step 5: Initiate the transfer, enter amount and purpose, confirm, and authenticate (OTP, token). Save the transaction reference for tracking.
• Note: IMPS is for immediate 24×7 transfers (suitable for small and medium amounts as per bank limits). NEFT is for routine transfers and is generally available round-the-clock at most banks. RTGS is meant for large-value real-time transfers — check your bank for any minimum/maximum limits and charges.

Benefits of Knowing the IFSC

• Prevents routing errors — funds go directly to the intended branch account.
• Required field for NEFT, RTGS and IMPS; transfers without correct IFSC will fail or be delayed.
• Useful when updating beneficiaries in netbanking, mobile apps, or payment gateways.
• Helps reconciliation — finance teams use IFSC and MICR to map incoming payments to branches.
• After bank mergers, the updated IFSC ensures continuity of electronic payments.

Contact

Branch phone no: 9297954954
Branch Address: Lakhnaur, MADHUBANI, 847403
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777

FAQs

• Q: Can I use the old UBGB or DBGB IFSC to transfer money to Lakhnaur?

  A: No. Old UBGB/DBGB IFSC codes have been revoked after the merger. Use the new IFSC PUNB0MBGB06 for all electronic transfers.

• Q: Where can I find the IFSC and MICR on my bank documents?

  A: IFSC is printed on the cheque leaf and the passbook issued by the bank. MICR code is usually on the cheque leaf near the bottom. Confirm with the branch if you are unsure.

• Q: How long will a transfer to this branch take?

  A: IMPS transfers are immediate and available round the clock. NEFT and RTGS timings depend on the sending bank and its batch/real-time availability; many banks now offer 24×7 processing. If a transfer is delayed, check the transaction reference and contact your bank with the reference number.

• Q: Is IFSC case-sensitive and does spacing matter?

  A: IFSC is not case-sensitive, but enter it exactly with no extra spaces. Many systems accept lowercase, but standard practice is uppercase (e.g., PUNB0MBGB06).

• Q: What should I do if a transfer fails or is credited to the wrong account?

  A: Contact your bank immediately with the transaction reference and beneficiary details. Provide proof of the intended account and IFSC. The sending bank will raise a trace with the receiving bank and follow up for reversal or correction.

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.