Bihar Gramin Bank Lalgarh IFSC Code

Bihar Gramin Bank Lalgarh IFSC Code

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The Bihar Gramin Bank branch at Lalgarh is located in Lalgarh village, Sheohar district, Bihar. This branch serves local residents and businesses for deposits, withdrawals, and fund transfers. For electronic fund transfers—NEFT, RTGS, and IMPS—the branch IFSC code is essential. The IFSC identifies the exact bank branch in payment systems so funds route correctly and reach the beneficiary without delay.

Branch Details

Bank Name Bihar Gramin Bank
Branch Name Lalgarh
IFSC Code PUNB0MBGB06
MICR Code 800811002
Branch Code 100153
Branch Address Lalgarh, SHEOHAR, 0, 9297954769
Contact Number 9297954769
City SHEOHAR
District SHEOHAR
Reason SITAMARHI
Pincode 0
State Bihar

Merger Update

Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single entity under the sponsor bank, Punjab National Bank. After the merger, the consolidated branches now use the IFSC code PUNB0MBGB06 for electronic payments. Old UBGB and DBGB IFSC codes have been revoked. For NEFT, RTGS, and IMPS transfers, use only the new IFSC PUNB0MBGB06. Transactions attempted with revoked IFSCs will fail or be routed incorrectly.

What is IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character code that identifies a specific bank branch in electronic payment systems. The structure is:

  • First 4 characters: bank identifier (for example, PUNB = Punjab National Bank).
  • 5th character: always the digit 0 (reserved).
  • Last 6 characters: branch identifier (alphanumeric) that points to the exact branch.

In this case, PUNB0MBGB06 breaks down as PUNB (Punjab National Bank), 0, and MBGB06 (branch identifier mapped to Lalgarh under the merged structure).

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

  • Open your bank’s netbanking or mobile app and choose the option to add a beneficiary or pay a new person.
  • Select the transfer type: NEFT, RTGS, or IMPS. (IMPS is instant; NEFT is batch/settlement-based but available widely; RTGS is for high-value real-time gross settlements.)
  • Enter the beneficiary’s name and account number exactly as given by the recipient.
  • Enter the IFSC code: PUNB0MBGB06. Double-check characters; one wrong letter changes the destination branch.
  • Save the beneficiary. Many banks enforce a cooling period (e.g., 30 minutes to 24 hours) before you can transfer to a newly added beneficiary.
  • Initiate the transfer. Note any bank or channel limits shown by your bank. Keep the transaction reference for tracking.

Benefits of Knowing the IFSC

  • Accurate routing: Ensures funds reach the correct branch and account.
  • Faster transfers: Needed for NEFT, RTGS, and IMPS transaction processing.
  • Reduced errors: Prevents failed or delayed payments due to wrong branch selection.
  • Reconciliation: Helps finance teams match inward credits with branch records using IFSC and branch codes.
  • Updated records: After bank mergers, a single IFSC avoids confusion across legacy systems.

Contact

Branch phone no: 9297954769
Branch Address: Lalgarh, SHEOHAR, 0, 9297954769
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777

FAQs

  • Q: Is PUNB0MBGB06 the only IFSC I should use for Lalgarh branch?

    A: Yes. After the merger, the consolidated IFSC PUNB0MBGB06 is the valid code for electronic transfers to this branch. Old UBGB/DBGB IFSCs are revoked.

  • Q: What happens if I enter a wrong IFSC?

    A: If the IFSC does not match the account’s bank branch, the transaction may fail or be returned. In some cases, it could route to a different branch if the account number corresponds, causing delays. Always confirm both IFSC and account number.

  • Q: Can I use this IFSC for RTGS, NEFT, and IMPS?

    A: Yes. Use PUNB0MBGB06 for NEFT, RTGS, and IMPS transfers to accounts at Lalgarh branch. Check your bank’s interface for transfer availability and any minimum/maximum limits.

  • Q: How do I verify the IFSC before sending money?

    A: Confirm with the beneficiary directly or call the branch at 9297954769. Use bank statements, cheque leaves, or the branch’s official contact to cross-check the IFSC.

  • Q: Does the branch code 100153 relate to the IFSC?

    A: The branch code (100153) is an internal numeric identifier. The IFSC’s last six characters (MBGB06) are the alphanumeric branch identifier used in electronic clearing. Banks map these internally when processing transactions.

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