Bihar Gramin Bank Munger IFSC Code

Munger is a city in eastern Bihar, in Munger district (also historically called Monghyr). This article covers the Bihar Gramin Bank branch in Munger (pincode 811201) and its electronic transfer details. The IFSC code is essential for sending or receiving money through NEFT, RTGS and IMPS. Banks use the IFSC to route electronic payments to the exact branch. Entering the right IFSC avoids failed transfers and delays.

Branch Details

Merger Update

Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been consolidated under Punjab National Bank’s systems. Both banks now use the single IFSC code PUNB0MBGB06 for electronic payments. Old UBGB and DBGB IFSC codes have been revoked. For all NEFT, RTGS and IMPS transfers to these branches, use only PUNB0MBGB06. Transactions using the old IFSC codes may fail or be rejected.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify bank branches for electronic payments. Structure:

• First 4 characters — bank code (letters). Example: PUNB for Punjab National Bank.
• Fifth character — always 0 (reserved).
• Last 6 characters — branch identifier (letters and/or digits). Example: MBGB06 in PUNB0MBGB06.

The full code PUNB0MBGB06 therefore points to a specific branch entry within PNB’s network. Note that the IFSC branch identifier does not always match the numeric branch code used internally (for example, branch code 3201 above).

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

• Open your bank’s online banking or mobile app. Choose fund transfer and select NEFT, RTGS or IMPS.
• Enter the beneficiary name exactly as on their account.
• Enter the beneficiary bank account number.
• Enter the beneficiary bank’s IFSC: PUNB0MBGB06 for Bihar Gramin Bank, Munger.
• Confirm the beneficiary bank name and branch shown by the app. If it does not match, double-check details before proceeding.
• Enter transfer amount and any required purpose or remarks. For RTGS choose it only when minimum amount criteria apply (bank-specific). Use IMPS for instant transfers 24×7 for amounts within your bank’s IMPS limit.
• Verify all details, authenticate (OTP / token) and submit. Save or note the transaction reference number for tracking.

Benefits of Knowing the IFSC

• Ensures money routes to the exact branch and account without manual intervention.
• Reduces failed transactions and processing delays.
• Required for NEFT, RTGS and IMPS transfers.
• Helps customer service identify and track transactions quickly using the code.
• MICR code (800811002) helps with cheque clearing and reconciliation.

Contact

Branch phone: 8102918704 / 05

Branch address: Munger, Munger (Monghyr), 811201

Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free no: 18001807777

FAQs

• Q: Can I use any old UBGB or DBGB IFSC for this branch?

  A: No. Old UBGB and DBGB IFSC codes have been revoked. Use only the new code PUNB0MBGB06 for transfers to this branch.

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

  A: If the IFSC does not match a valid branch, the transaction will usually fail or be returned. If it matches a different branch, funds could be routed to the wrong account. Contact your bank immediately if you suspect an error.

• Q: Which code do I use for cheque clearing?

  A: Use the MICR code 800811002 for cheque processing. IFSC is for electronic transfers; MICR is used in the clearing system for cheques.

• Q: What are the typical processing times for NEFT, RTGS and IMPS?

  A: IMPS is instant and available 24×7 (subject to bank limits). RTGS is usually immediate for high-value transfers but may require business hours and a minimum amount. NEFT processes in hourly or half-hourly batches depending on the bank. Check with your bank for exact cut-off and settlement times.

• Q: How can I confirm the IFSC before sending money?

  A: Confirm the IFSC from the beneficiary (bank passbook or cheque leaf), or call the branch at 8102918704 / 05. Always verify the branch name and account number along with the IFSC before authorizing a transfer.

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.