The Bihar Gramin Bank branch at Malhya is located in Gaya district, Bihar (PIN 804403). This IFSC code guide explains how to use the branch IFSC for online fund transfers. IFSC is required for electronic payments via NEFT, RTGS and IMPS. Entering the correct IFSC makes sure funds route to the right bank branch and speeds up settlement.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | MALHYA |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 6966 |
| Branch Address | MALHYA, Gaya, 804403 |
| Contact Number | 7091596966 |
| City | Gaya |
| District | Gaya |
| Reason | GAYA |
| Pincode | 804403 |
| State | Bihar |
Merger Update
Note: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into Punjab National Bank (PNB). Post-merger, this branch uses the single IFSC PUNB0MBGB06 under Punjab National Bank for all electronic transactions. Old UBGB and DBGB IFSC codes have been revoked. Only the new IFSC PUNB0MBGB06 is valid for NEFT, RTGS and IMPS transfers to this branch.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify a bank branch in electronic fund transfers. The structure is:
- First 4 characters — bank identifier (example: PUNB = Punjab National Bank).
- 5th character — reserved and is always 0.
- Last 6 characters — branch identifier (alphanumeric). In this case the last six are MBGB06.
Example: PUNB0MBGB06 = PUNB (bank) + 0 (reserved) + MBGB06 (branch code).
How to Use IFSC Code
Steps to initiate a transfer (NEFT, RTGS, IMPS) to this branch:
- Open your bank’s netbanking/mobile app or visit a branch.
- Choose transfer type: NEFT (any amount, batch settlement), RTGS (for higher-value transfers; typically used for ₹2,00,000 and above), or IMPS (instant, 24×7; subject to bank limits).
- Add a beneficiary: enter beneficiary name, account number, and the IFSC PUNB0MBGB06. Also enter the branch name (Malhya, Gaya) and mobile or email if requested.
- Verify beneficiary details. Most banks require beneficiary activation (may take a few minutes to a day) before first transfer.
- Initiate the transfer, confirm details and authenticate (OTP, transaction password or other method used by your bank).
- Keep the transaction reference/UTR number. Use it to track or to share with beneficiary for reconciliation.
Benefits of Knowing the IFSC
- Ensures funds route to the correct bank branch for NEFT, RTGS and IMPS.
- Speeds up settlement and reduces errors in transfers.
- Needed to add a beneficiary in internet/mobile banking.
- Helps reconcile inward receipts using UTR and branch details.
- Important after bank mergers—using the updated IFSC prevents failed transactions.
Contact
Branch Phone No: 7091596966
Branch Address: MALHYA, Gaya, 804403
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free No: 18001807777
FAQs
Q: Where can I find the correct IFSC for Bihar Gramin Bank, Malhya?
A: The correct IFSC for this branch is PUNB0MBGB06. Use the bank’s passbook, cheque leaf, or the branch contact to confirm. After the UBGB/DBGB merger use the PNB IFSC only.
Q: What happens if I enter a wrong IFSC when making a transfer?
A: If the IFSC is invalid, the transaction will typically fail and the money will not leave your account. If the IFSC is valid but the account number is wrong, funds may go to another account at that branch. In that case you must contact your bank immediately to raise a recall; recovery requires cooperation from both banks and can take time.
Q: Is IFSC the same as MICR?
A: No. IFSC is for electronic transfers and identifies the bank and branch. MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque processing and clearing. This branch’s MICR is 800811002.
Q: The branch belonged to UBGB/DBGB earlier. Do I need to use an old IFSC?
A: No. After the merger into Punjab National Bank, old UBGB and DBGB IFSC codes are revoked. Use PUNB0MBGB06 for this branch.
Q: Can I use this IFSC for inward and outward transfers at any time?
A: Yes. Once the IFSC PUNB0MBGB06 is active post-merger, it can be used for NEFT, RTGS and IMPS. RTGS is recommended for high-value transfers; IMPS is instant and available 24×7 subject to bank 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.