Bihar Gramin Bank Mamalkha IFSC Code

The Bihar Gramin Bank Mamalkha branch is located in Mamalkha, Bhagalpur, Bihar (PIN 813210). If you send or receive money using NEFT, RTGS or IMPS, the IFSC code is the key identifier that tells your bank exactly which branch to route the funds to. Entering the correct IFSC and account number ensures fast credit to the beneficiary and reduces the risk of failed or delayed transfers.

Branch Details

Merger Update

Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged and their regional operations now fall under a single IFSC setup under Punjab National Bank. The unified IFSC code for the merged operations is PUNB0MBGB06. Old UBGB IFSC codes have been revoked. For all NEFT/RTGS/IMPS transactions to accounts formerly under UBGB or DBGB, use only the new IFSC PUNB0MBGB06. Using an old (revoked) IFSC can lead to transaction failure or returns.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code that identifies a specific bank branch in India for electronic fund transfers. The structure is:

• First 4 characters = Bank identifier (example: PUNB = Punjab National Bank).
• 5th character = Always 0 (reserved by RBI).
• Last 6 characters = Branch identifier (alphanumeric). In this case: MBGB06.

Example: PUNB0MBGB06 breaks down as PUNB (bank) + 0 + MBGB06 (branch). IFSC is case-insensitive but must be entered exactly (no extra spaces) when adding beneficiaries.

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

1. Open your bank’s internet banking or mobile app, or visit the branch for offline transfer.
2. Select transfer type: NEFT, RTGS, or IMPS. (RTGS is usually for high-value payments; NEFT/IMPS for lower or immediate transfers.)
3. Choose “Add Beneficiary” and enter: beneficiary name, account number, and IFSC PUNB0MBGB06. Add purpose if required.
4. Bank will validate the IFSC and may display the branch name. Confirm that the branch shown is “Mamalkha, Bhagalpur”.
5. Authorize the transfer with OTP or secure code. Keep the acknowledgement/UTR number for tracking.
6. Check the beneficiary credit: NEFT/IMPS are typically immediate or settle within minutes; RTGS is real-time gross settlement and should credit immediately for amounts above the RTGS threshold.

Notes: NEFT currently operates 24×7 in near-real-time. IMPS is immediate and available 24×7. RTGS is generally real-time and available round-the-clock, but confirm any bank-specific cut-offs and minimum amount requirements (RTGS usually used for transfers ≥ ₹2,00,000).

Benefits of Knowing the IFSC

• Ensures funds are routed to the exact branch and account — reduces failed transfers.
• Makes adding beneficiaries quick and secure in internet banking or mobile apps.
• Required for all electronic transfers (NEFT, RTGS, IMPS) and some forms of inward remittance reconciliation.
• Helps bank staff and automated systems validate and speed up credit to beneficiary accounts.
• Useful for audit trail and resolving payment disputes — IFSC + account number uniquely identifies the branch account.

Contact

Branch phone: 8102319969

Branch Address: Mamalkha, Bhagalpur, 813210

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free: 18001807777

FAQs

• Q: Where do I use the IFSC PUNB0MBGB06?

  A: Use PUNB0MBGB06 when adding a beneficiary or making NEFT, RTGS, or IMPS transfers to the Mamalkha branch of Bihar Gramin Bank (now routed under Punjab National Bank’s code after the merger).

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

  A: If the IFSC points to a non-existent branch or is revoked, the transfer will likely fail and be returned to the sender’s account. If the IFSC is valid but the account number is wrong, the funds may get credited to the wrong account; reversing that requires bank intervention and can take time.

• Q: Are old UBGB IFSC codes still valid?

  A: No. Old UBGB IFSC codes have been revoked after the merger. Use only the new IFSC PUNB0MBGB06 for transactions related to branches that were under UBGB or DBGB.

• Q: Is IFSC required for UPI transfers?

  A: No. UPI uses a Virtual Payment Address (VPA) and usually does not require IFSC. IFSC is required for bank-to-bank electronic transfers like NEFT, RTGS, and IMPS when using account number routing.

• Q: How quickly will money transfer using NEFT, RTGS, IMPS?

  A: IMPS is instant (24×7). NEFT now operates round-the-clock and typically settles within minutes to a short time. RTGS is for large-value transfers and offers immediate settlement; check with your bank for any specific cut-offs or limits.

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.