The Mathurapur branch of Bihar Gramin Bank is located in Mathurapur, Khagaria district, Bihar (PIN 851204). For customers sending or receiving funds through online banking, mobile apps, or bank branches, the branch’s IFSC code is essential. The IFSC (Indian Financial System Code) uniquely identifies this branch for NEFT, RTGS and IMPS transfers. Using the correct IFSC ensures funds route to the right bank branch and reduces failed or delayed transactions.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Mathurapur |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 3505 |
| Branch Address | Mathurapur, Khagaria, 851204, 8102918670 |
| Contact Number | 8102918670 |
| City | Khagaria |
| District | Khagaria |
| Reason | BEGUSARAI |
| Pincode | 851204 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single structure sponsored by Punjab National Bank. After the merger, the valid IFSC for the merged entity in many former regional branches is PUNB0MBGB06 (under Punjab National Bank). Old UBGB and DBGB IFSC codes have been revoked and should not be used for transactions. Always use the current IFSC shown by your bank or in this page before initiating NEFT, RTGS or IMPS transfers.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code that uniquely identifies a bank branch for electronic funds transfer systems in India. Its structure is:
- First 4 characters — bank identifier (alphabetic). Example: PUNB for Punjab National Bank.
- 5th character — reserved and is always 0.
- Last 6 characters — branch identifier (alphanumeric). Example in this IFSC: MBGB06.
So the IFSC PUNB0MBGB06 breaks down as: PUNB (bank) + 0 (reserved) + MBGB06 (branch).
How to Use IFSC Code for NEFT, RTGS and IMPS
- Open your bank’s netbanking or mobile banking app and choose the transfer option (NEFT/RTGS/IMPS).
- Add a new beneficiary by entering the beneficiary name and full account number.
- Enter the IFSC code exactly: PUNB0MBGB06. IFSC is not case-sensitive, but it must be correct in characters and order.
- Verify the beneficiary bank and branch name shown by your bank after entering the IFSC. Confirm that it shows Mathurapur, Khagaria (Bihar Gramin Bank / Punjab National Bank sponsor details).
- Choose the transfer type (NEFT/RTGS/IMPS) depending on speed and availability. Enter amount and any remarks.
- Confirm and authorize the payment using your bank’s authentication (OTP, transaction password, or app approval).
- Keep the transaction reference/UTR for tracking. If a transfer does not appear, give the UTR to your branch for investigation.
Benefits of Knowing the IFSC
- Ensures accurate electronic routing of funds to the correct branch and account.
- Reduces failed or returned transactions and related delays.
- Makes adding beneficiaries faster in online banking and mobile apps.
- Helps verify branch identity when banks merge or change sponsor banks.
- Required for remittances, salary credits, vendor payments and government transfers.
Contact Information
Branch Phone: 8102918670
Branch Address: Mathurapur, Khagaria, 851204
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
Frequently Asked Questions
Q: Can I use the old UBGB or DBGB IFSC for transfers to this branch?
A: No. Old UBGB and DBGB IFSC codes have been revoked after the merger. Use the current IFSC PUNB0MBGB06 for all NEFT, RTGS and IMPS transfers.
Q: Is IFSC case-sensitive?
A: No. IFSC is not case-sensitive. Entering punb0mbgb06 or PUNB0MBGB06 is treated the same. However, characters and order must be exact.
Q: What if the beneficiary bank name shown after entering IFSC does not match?
A: Do not proceed. Re-check the IFSC and account number. Contact the beneficiary or the branch (8102918670) to confirm details. Wrong IFSC or account numbers can misroute funds.
Q: Where else is IFSC used besides NEFT, RTGS and IMPS?
A: IFSC is used whenever you set up electronic transfers—salary credits, vendor payments, online refunds, and many government payment systems require IFSC to route funds correctly.
Q: What is MICR and how is it different from IFSC?
A: MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque clearing. IFSC is used for electronic transfers. For Mathurapur branch, the MICR is 800811002.
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.