Bihar Gramin Bank Nawada IFSC Code

Bihar Gramin Bank Nawada IFSC Code

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The Bihar Gramin Bank, Nawada branch is located in Darbhanga district of Bihar with PIN 847201. This IFSC code is necessary when you send or receive electronic funds through NEFT, RTGS or IMPS. The IFSC ensures the payment routes to the exact bank and branch for safe and timely settlement.

Branch Details

Bank Name Bihar Gramin Bank
Branch Name Nawada
IFSC Code PUNB0MBGB06
MICR Code 800811002
Branch Code 100441
Branch Address Nawada, DARBHANGA, 847201, 9297955132
Contact Number 9297955132
City DARBHANGA
District DARBHANGA
Reason DARBHANGA
Pincode 847201
State Bihar

Merger Update

Note: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged and their operations now run under Punjab National Bank. All old UBGB IFSC codes have been revoked. The single valid IFSC for the merged entity/branch is PUNB0MBGB06. Use this IFSC for all NEFT, RTGS and IMPS transactions. Any attempts to use old UBGB or DBGB IFSCs may fail or be rejected.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify a specific bank branch in electronic payments.

  • First 4 characters – bank identifier. Example: PUNB = Punjab National Bank.
  • 5th character – reserved and is usually 0.
  • Last 6 characters – branch identifier. Example: MBGB06 identifies the specific branch.

So in PUNB0MBGB06, PUNB = bank, 0 = reserved, MBGB06 = branch code.

How to Use IFSC Code

Follow these steps when sending money via NEFT, RTGS or IMPS:

  1. Open your bank’s netbanking or mobile banking app.
  2. Choose the transfer type: NEFT, RTGS or IMPS.
  3. Add beneficiary details: name, account number, account type.
  4. Enter the IFSC code exactly: PUNB0MBGB06.
  5. Enter the amount and a remark (optional).
  6. Save the beneficiary (if required) and authorize the transfer with OTP/2FA.
  7. Note the transaction reference for tracking and confirmation.

Use RTGS for high-value transfers (commonly used for amounts above ₹2,00,000). IMPS is instant and available 24×7. NEFT is suitable for most amounts and is widely supported; many banks now offer near real-time NEFT 24×7.

Benefits of Knowing IFSC

  • Ensures money routes to the correct bank branch.
  • Reduces failed or delayed transfers.
  • Required to add beneficiaries for online transfers.
  • Helps verify bank details before sending funds.
  • Useful for payroll, vendor payments, and receiving remittances.

Contact

Branch phone no: 9297955132

Branch Address: Nawada, DARBHANGA, 847201

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

Toll free no: 18001807777

FAQs

Q: Is PUNB0MBGB06 the only valid IFSC for this branch?
A: Yes. After the merger, the valid IFSC to use is PUNB0MBGB06. Old UBGB/DBGB IFSCs are revoked and should not be used.

Q: What if I enter the wrong IFSC but the correct account number?
A: If the IFSC belongs to a different branch or bank, the transaction may fail or be routed incorrectly. Banks usually reconcile and return failed transactions, but it can cause delays. Always verify IFSC and account number before authorizing the transfer.

Q: How is IFSC different from MICR?
A: IFSC is used for electronic fund transfers (NEFT/RTGS/IMPS). MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque processing. For electronic transfers you must use IFSC; MICR is not required.

Q: Can I use this IFSC for inward remittances from abroad?
A: For inward foreign remittances, banks usually require SWIFT/BIC codes plus beneficiary bank details. IFSC alone is used for domestic electronic transfers. Confirm with your bank for the correct inward remittance procedure.

Q: Where can I confirm this IFSC before sending money?
A: Confirm via the branch phone (9297955132), bank statements, cheque leaf, or your bank’s official app/website. When in doubt, call the branch or the bank’s customer care (toll free 18001807777).

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