Bihar Gramin Bank Nawagarhi IFSC Code

The Bihar Gramin Bank branch at Nawagarhi is located in Munger (Monghyr), Bihar. This branch serves local residents and businesses for deposits, withdrawals and electronic fund transfers. For any NEFT, RTGS or IMPS transfer you must use the correct IFSC code. The IFSC uniquely identifies the bank and branch in the Reserve Bank of India’s electronic payment systems and ensures funds are routed to the right account without delay or rejection.

Branch Details

Merger Update

Important: The banking operations in this area have been consolidated under Punjab National Bank’s sponsor arrangement. Both Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single entity and now use the IFSC code PUNB0MBGB06 for electronic transfers. Old IFSC codes issued to UBGB or DBGB branches have been revoked. For all NEFT, RTGS and IMPS transactions, use only the new IFSC PUNB0MBGB06. Using an old or incorrect IFSC can cause rejection or delay of funds.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to uniquely identify a bank branch in electronic payment systems. The structure is:

• First 4 characters: Bank identifier (example: PUNB = Punjab National Bank).
• 5th character: Always 0 (reserved for future use).
• Last 6 characters: Branch identifier (alphanumeric). Example: in PUNB0MBGB06, the last six characters MBGB06 specify the Nawagarhi branch.

How to Use IFSC Code for NEFT, RTGS, IMPS

• Open your bank’s netbanking, mobile app or visit a branch for an outward transfer.
• Choose the transfer type: NEFT, RTGS or IMPS. (NEFT: any value; RTGS: used for high-value transfers—banks commonly set a higher lower limit; IMPS: instant, typically for smaller amounts within bank-set limits.)
• Enter beneficiary details: name and account number exactly as provided by the recipient.
• Enter the IFSC code PUNB0MBGB06 for Bihar Gramin Bank, Nawagarhi branch. Double-check spelling and characters.
• Enter transfer amount and purpose (if required). Review applicable charges and limits shown by your bank.
• Verify all details, authenticate with OTP/password, and submit.
• Keep the transaction reference number. For inward transfers, advise sender to use the exact IFSC and account number to avoid delays.

Benefits of Knowing the IFSC

• Ensures accurate routing of funds to the correct bank branch and account.
• Reduces risk of transaction rejection or misdirection.
• Required for NEFT, RTGS and IMPS transfers—mandatory field in electronic forms.
• Helps faster reconciliation for businesses and faster credit to beneficiary accounts.
• Useful when receiving inward remittances or updating beneficiary lists in your banking app.

Contact Details

Branch Phone: 8102918708

Branch Address: Nawagarhi, Munger (Monghyr), 811, 8102918708

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

Toll Free: 18001807777

FAQs

• Q: Can I use any IFSC variant for this Nawagarhi branch?

  A: No. Use only the current IFSC PUNB0MBGB06. Old IFSCs from UBGB or DBGB have been revoked after the merger and will not work for electronic transfers.

• Q: What if I enter the wrong IFSC but correct account number?

  A: Banks and the payment network use the IFSC to route to the correct branch. If the IFSC is wrong, the transfer may be rejected or credited to the wrong branch account. Confirm both IFSC and account number before submitting.

• Q: How long does a transfer to this IFSC take?

  A: IMPS is instant (available 24×7). NEFT and RTGS are processed electronically—NEFT and RTGS operate 24×7; settlement timing depends on the mode and bank processing but most transactions complete within minutes to a few hours. Keep the transaction reference to track status.

• Q: Is MICR required for online transfers?

  A: No. MICR (800811002) is used mainly for cheque clearing. For NEFT/RTGS/IMPS you must provide the IFSC and account number; MICR is not needed for electronic fund transfers.

• Q: Who do I contact if a transfer to this IFSC fails?

  A: First contact your sending bank with the transaction reference. You can also contact the Nawagarhi branch at 8102918708 or the head office/toll-free 18001807777 for guidance and to confirm beneficiary details.

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.