The Bihar Gramin Bank branch at Makaranda is located in Makaranda, Darbhanga, Bihar (pin code 847422). This branch serves retail and rural customers in Darbhanga district. For electronic fund transfers — NEFT, RTGS and IMPS — the IFSC code is essential. It uniquely identifies the bank and branch so funds route correctly and transfers clear without delay.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Makaranda |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100474 |
| Branch Address | Makaranda, DARBHANGA, 847422, 9297955125 |
| Contact Number | 9297955125 |
| City | DARBHANGA |
| District | DARBHANGA |
| Reason | DARBHANGA |
| Pincode | 847422 |
| State | Bihar |
Merger Update
This IFSC code, PUNB0MBGB06, is now the valid code under Punjab National Bank (PNB) for the merged rural banks. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been consolidated and their legacy IFSC codes have been revoked. If you previously used an UBGB or DBGB IFSC, stop using it. Only the new IFSC PUNB0MBGB06 should be used for all NEFT, RTGS and IMPS transactions to this branch.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in electronic payment systems.
- First 4 characters — bank code (letters). Example: PUNB identifies Punjab National Bank.
- 5th character — reserved and is always 0.
- Last 6 characters — branch identifier (alphanumeric). Example: MBGB06 is the branch part in PUNB0MBGB06.
How to Use IFSC Code
- Open your bank’s netbanking, mobile app or visit your branch for NEFT/RTGS/IMPS.
- Choose the transfer type: NEFT for standard transfers, RTGS for large-value immediate settlement, IMPS for instant 24×7 transfers.
- Enter beneficiary name, account number and the beneficiary bank IFSC: PUNB0MBGB06 for Bihar Gramin Bank, Makaranda.
- Verify account number and IFSC twice. A wrong IFSC may route funds to a different branch or fail.
- Enter amount and purpose. Confirm the transfer using your bank’s authentication (OTP, token, or PIN).
- Save or note the transaction reference for tracking or reconciliation.
Benefits of Knowing the IFSC
- Ensures funds reach the correct branch without manual intervention.
- Required for NEFT, RTGS and IMPS transfers and for adding beneficiaries online.
- Speeds up reconciliation for businesses and reduces failed or returned transfers.
- Makes cheque and electronic payment verification faster for bank staff and customers.
- Helps detect fraud: if provided IFSC and account name don’t match, you can pause the transfer and verify.
Contact
Branch phone no: 9297955125
Branch Address: Makaranda, DARBHANGA, 847422
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 for transfers?
A: No. Old UBGB and DBGB IFSC codes have been revoked after the merger. Use the new IFSC PUNB0MBGB06 for this branch.
Q: What is the difference between NEFT, RTGS and IMPS?
A: NEFT processes transfers in batches (suitable for most transfers), RTGS is for real-time gross settlement of large amounts (usually above bank-defined limits), and IMPS is instant and available 24×7 for smaller immediate transfers.
Q: How do I confirm the IFSC before sending money?
A: Confirm the IFSC on a cheque leaf, bank passbook, or by calling the branch at 9297955125. Also verify beneficiary account name and number before sending funds.
Q: What happens if I enter a wrong IFSC but correct account number?
A: If IFSC points to a different branch but the account number exists there, the transfer may succeed to that account. If the combination is invalid, the transfer will fail and be returned. Always double-check both IFSC and account number.
Q: Are there limits or cut-off times for these transfers?
A: Limits depend on your bank and transfer type. NEFT has settlement batches (varies by bank policy), RTGS is real-time during working hours, and IMPS is immediate 24×7. Check your bank’s app or call the branch/toll-free number 18001807777 for exact cut-off times and limits.
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.