Bihar Gramin Bank Muria IFSC Code

The Muria branch of Bihar Gramin Bank is located in the Darbhanga district of Bihar. For anyone looking to send or receive money online through this branch, knowing its Indian Financial System Code (IFSC) is essential. This unique 11-character code is required for all major electronic fund transfer systems in India, including National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). The IFSC code ensures that your money is routed correctly to the specific bank branch, preventing errors and delays in your transactions.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Muria
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	MBGB06
Branch Address	Muria, DARBHANGA, 847115
Contact Number	9297955131
City	DARBHANGA
District	DARBHANGA
State	Bihar

Important Merger Update

Previously, Bihar had two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). These two banks have since merged to form a single entity, now known as Bihar Gramin Bank. This new bank is sponsored by Punjab National Bank (PNB). As a result of this merger, all old IFSC codes belonging to the former UBGB and DBGB branches have been discontinued. For all transactions, customers must now use the new IFSC codes. The Muria branch now uses PUNB0MBGB06. Using an old, invalid IFSC code will result in failed transactions.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. This 11-character code has a specific structure that helps identify the bank and its branch.

Let’s break down the IFSC code for the Muria branch, PUNB0MBGB06:

• PUNB: The first four characters represent the bank’s name. In this case, it is ‘PUNB’ for Punjab National Bank, the sponsor bank of Bihar Gramin Bank.
• 0: The fifth character is always a zero. It is reserved for future use.
• MBGB06: The last six characters identify the specific branch. For this branch, it is ‘MBGB06’.

How to Use the IFSC Code for Fund Transfers

Using the IFSC code for online payments is a straightforward process. Whether you are using your bank’s mobile app or internet banking portal for NEFT, RTGS, or IMPS, the steps are generally the same.

1. Log in to your internet banking account or mobile banking application.
2. Navigate to the ‘Fund Transfer’ or ‘Payments’ section and select the transfer type (NEFT, RTGS, or IMPS).
3. Add a new beneficiary (payee) or select an existing one.
4. You will be asked to enter the beneficiary’s details: their name, account number, and the IFSC code of their bank branch.
5. Enter PUNB0MBGB06 in the IFSC code field for the Muria branch.
6. Enter the amount you wish to transfer and confirm the transaction, usually with an OTP or transaction password.

Benefits of Knowing the IFSC Code

• Ensures Accuracy: The IFSC code directs funds to the exact bank branch, minimizing the risk of misdirected payments.
• Enables Digital Banking: It is a mandatory requirement for all major online fund transfer methods like NEFT, RTGS, and IMPS.
• Prevents Transaction Failures: Using the correct and updated IFSC code prevents transactions from being rejected or delayed.
• Specific Branch Identification: It helps distinguish between different branches of the same bank, even within the same city.

Contact Information

For any queries, you can contact the branch directly or the bank’s head office.

• Branch Contact Number: 9297955131
• Branch Address: Muria, DARBHANGA, Bihar – 847115
• Head Office Address: Bihar Gramin Bank, SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
• Toll-Free Number: 18001807777

Frequently Asked Questions

Why does the Bihar Gramin Bank IFSC code start with ‘PUNB’?
Bihar Gramin Bank is sponsored by Punjab National Bank (PNB). As per RBI guidelines for regional rural banks, the IFSC codes are often structured with the initials of the sponsor bank. Therefore, ‘PUNB’ is used as the bank identifier.

What happens if I use an old Uttar Bihar Gramin Bank (UBGB) IFSC code?
If you use an old or revoked IFSC code from the former UBGB, your transaction will fail. The funds will either not be debited from your account or will be reversed after a short period. It is crucial to use only the new, valid IFSC code, PUNB0MBGB06, for all transfers to this branch.

Is the IFSC code the same for NEFT, RTGS, and IMPS transactions?
Yes, the IFSC code for a specific branch remains the same regardless of the type of electronic fund transfer. You will use PUNB0MBGB06 for all NEFT, RTGS, and IMPS transactions directed to the Muria branch.

How can I verify if an IFSC code is correct?
You can verify an IFSC code on the official RBI website, your bank’s website, or by checking a recent cheque book issued by the branch. The correct code is also usually displayed within the branch premises.

What is the difference between an IFSC code and a MICR code?
An IFSC code is an 11-character alphanumeric code used for online fund transfers (NEFT, RTGS). A MICR (Magnetic Ink Character Recognition) code is a 9-digit numeric code found at the bottom of a cheque leaf, used primarily for faster processing of cheques.