Math Lohiyar branch is located in East Champaran district of Bihar, pin code 845422. This branch serves local residents and businesses in and around Motihari. For electronic fund transfers such as NEFT, RTGS and IMPS, the branch IFSC code is essential. The IFSC routes payments to the correct bank and branch in the national payments network. Using the correct IFSC avoids failed transfers, delays, and return charges.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | Math Lohiyar |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100224 |
| Branch Address | Math Lohiyar, EAST CHAMPARAN, 845422, 9297954666 |
| Contact Number | 9297954666 |
| City | EAST CHAMPARAN |
| District | EAST CHAMPARAN |
| Reason | MOTIHARI |
| Pincode | 845422 |
| State | Bihar |
Merger Update
Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been integrated under Punjab National Bank’s platform. As part of that consolidation, the Math Lohiyar branch now uses the IFSC PUNB0MBGB06 for all electronic fund transfers. Old IFSC codes issued to UBGB branches have been revoked. Only the new IFSC code shown above is valid for NEFT, RTGS and IMPS transactions. Double-check this IFSC with your bank before sending funds to avoid failed transactions.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies a bank branch in India’s electronic payments system. The structure is:
- First 4 characters: Bank identifier (example: PUNB for Punjab National Bank).
- 5th character: Always zero (0). It is reserved for future use.
- Last 6 characters: Branch identifier. It may be letters, numbers, or both (example: MBGB06 in PUNB0MBGB06).
The IFSC maps to a branch for electronic clearing. It is different from the MICR code, which is primarily used for cheque clearing in the RBI clearing system.
How to Use IFSC Code
Below are step-by-step instructions for sending money using NEFT, RTGS and IMPS.
- Step 1: Get the beneficiary details: beneficiary name, account number, bank name, branch name, and IFSC (PUNB0MBGB06).
- Step 2: Log in to your bank’s internet banking or mobile banking app. Choose the transfer type: NEFT, RTGS or IMPS.
- Step 3: Enter beneficiary account number and re-enter to confirm. Enter the IFSC exactly (case-insensitive but characters must match).
- Step 4: Enter amount and purpose. Verify the beneficiary name shown by the system. If the name does not match, contact your bank before sending.
- Step 5: Authorize the transaction with your OTP, token or MPIN. Note the transaction reference for records.
Key practical notes:
- NEFT: Settles in half-hourly batches during operating hours. No minimum amount. Not real-time but typically completes within a few hours for intra-day transfers.
- RTGS: Real-time gross settlement for high-value transfers. RBI minimum threshold typically ₹2,00,000 (check your bank for exact limit and hours).
- IMPS: Immediate Payment Service provides instant transfers 24×7 for smaller values subject to bank limits.
- Always verify the IFSC and account number. Incorrect details can cause returns or loss of funds and attract return charges.
Benefits of Knowing IFSC
- Ensures funds reach the correct branch and account with minimal delay.
- Required for NEFT, RTGS and IMPS transfers done online or at the branch.
- Reduces risk of transfer failures and return fees.
- Helps reconcile payments; IFSC and MICR together confirm branch identity.
- Useful when receiving forms, salary credits, vendor payments and government receipts.
Contact
Branch Phone: 9297954666
Branch Address: Math Lohiyar, EAST CHAMPARAN, 845422
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free No: 18001807777
FAQs
Q: Can I use this IFSC for UPI transfers?
A: No. UPI transfers use a virtual payment address (VPA) and do not require an IFSC. IFSC is needed for bank-to-bank methods like NEFT, RTGS and IMPS via netbanking or branch.
Q: How do I confirm that PUNB0MBGB06 is correct for Math Lohiyar branch?
A: Confirm with the branch phone number (9297954666) or the bank’s toll-free number. You can also verify the IFSC on your account passbook or cheque leaf where the bank prints branch details.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC does not match the account’s bank branch, the transfer may fail or be routed to the wrong branch. Failed transfers are usually returned, but this can take hours or days and may incur return charges.
Q: Is the IFSC case-sensitive?
A: No. IFSC is not case-sensitive. However, all characters must match exactly in content.
Q: What is the MICR code used for?
A: MICR (800811002) is used for cheque processing and clearing through the RBI clearing system. It is not required for online NEFT/RTGS/IMPS transfers but is important for cheque-based transactions.
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.