The Bihar Gramin Bank branch at Nawanagar is located in Buxar district, Bihar (PIN 802129). This page lists the branch details and the IFSC code needed to transfer funds. The IFSC (Indian Financial System Code) is required to route electronic transfers — NEFT, RTGS and IMPS — so you must use the correct IFSC to ensure funds reach the right branch and account without delay.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | NAWANAGAR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7526 |
| Branch Address | NAWANAGAR, Buxar, 802129, 7541807526 |
| Contact Number | 7541807526 |
| City | Buxar |
| District | Buxar |
| Reason | BHABHUA |
| Pincode | 802129 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a unified structure under Punjab National Bank for IFSC management. All branches that previously used UBGB or DBGB IFSC codes now use the single IFSC PUNB0MBGB06 (the code listed above). Old UBGB/DBGB IFSC codes have been revoked. For any electronic transfer, use only the new IFSC PUNB0MBGB06 to avoid failed or returned transactions.
What is IFSC Code?
The IFSC is an 11-character alphanumeric code used by the Reserve Bank of India to identify bank branches for electronic payments. The structure is:
- First 4 characters – bank identifier (example: PUNB = Punjab National Bank).
- 5th character – always the digit 0 (reserved for future use).
- Last 6 characters – branch identifier (alphanumeric). Example: in PUNB0MBGB06, MBGB06 identifies the specific branch within the bank’s system.
Note: The numeric branch code shown in branch records (for example 7526) is an internal branch number and may not exactly match the 6-character suffix of the IFSC, which is an alternate branch identifier used in the bank’s centralized payment network.
How to Use IFSC Code
Use the IFSC whenever you set up or authorize an electronic transfer. Steps:
- Open your bank’s net banking site or mobile app, or visit a branch.
- Select transfer type: NEFT, RTGS or IMPS.
- Add a beneficiary (new payee). Enter beneficiary name and account number exactly as given.
- Enter the IFSC: PUNB0MBGB06 for Bihar Gramin Bank, Nawanagar. Also mention the bank and branch name (Bihar Gramin Bank, Nawanagar, Buxar).
- Verify details and save the beneficiary (may require OTP or bank approval).
- Initiate the transfer and authorize it using OTP or transaction password.
Practical notes:
- NEFT: generally used for regular transfers; no strict minimum. Settlement rules depend on bank but NEFT now operates round-the-clock.
- RTGS: for high-value payments (commonly used for amounts at or above the bank’s RTGS threshold such as ~₹2 lakh). It provides real-time gross settlement.
- IMPS: instant transfers, suited for small-to-medium amounts and available 24×7.
Benefits of Knowing the IFSC
- Ensures funds route to the correct bank and branch. Incorrect IFSC can cause returns or delays.
- Required for NEFT, RTGS and IMPS transfers — without it transactions cannot be processed.
- Speeds up beneficiary setup; many apps auto-validate bank and branch from IFSC.
- Helps customer support quickly identify the branch when tracking or troubleshooting transactions.
- Useful for cheque processing and reconciliation together with MICR (for physical clearing).
Contact
Branch phone: 7541807526
Branch Address: NAWANAGAR, Buxar, 802129
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only valid IFSC I should use for this branch?
A: Yes. Following the merger and IFSC consolidation, PUNB0MBGB06 is the valid IFSC for transactions to this branch. Old UBGB or DBGB IFSCs have been revoked.
Q: What if I accidentally use an old (revoked) IFSC?
A: If you use a revoked IFSC, the transfer will likely fail or be returned. The money will be credited back to the origin account after bank processing. Check with your bank and reinitiate using the correct IFSC PUNB0MBGB06.
Q: How can I verify the IFSC before making a transfer?
A: Verify the IFSC from your bank passbook, cheque leaf, official bank communications, or by calling the branch number (7541807526). Always confirm the IFSC and beneficiary account number before sending funds.
Q: What is the difference between IFSC and MICR?
A: IFSC identifies a branch for electronic transfers. MICR (Magnetic Ink Character Recognition) code is used mainly for cheque clearing and is a 9-digit number (for this branch: 800811002). Both are useful but used for different processes.
Q: Can I receive IMPS transfers at this branch using the IFSC?
A: Yes. IMPS requires the account number and the IFSC PUNB0MBGB06 to route instant transfers to this branch, subject to bank IMPS limits and rules.
Q: Who do I contact if a transfer to this IFSC fails?
A: First contact your remitting bank. If the issue persists, call the branch at 7541807526 or the head office toll-free at 18001807777 for assistance. Provide transaction reference numbers and timestamps for faster resolution.
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.