The Bihar Gramin Bank branch at Nayi Godam is located in Gaya district, Bihar (PIN 823001). This branch serves retail and agricultural customers in and around Gaya city. For electronic fund transfers—NEFT, RTGS and IMPS—the correct IFSC code is essential. The IFSC routes your transfer to the exact bank and branch. A wrong or revoked IFSC can delay or reject your payment and may require manual intervention to recover funds.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | NAYI GODAM |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7458 |
| Branch Address | NAYI GODAM, Gaya, 823001, 7781004458 |
| Contact Number | 7781004458 |
| City | Gaya |
| District | Gaya |
| Reason | GAYA |
| Pincode | 823001 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged and brought under the sponsor bank, Punjab National Bank (PNB). After the merger, both former banks now operate using a single IFSC code under PNB: PUNB0MBGB06. All old UBGB and DBGB IFSC codes have been revoked. For any NEFT/RTGS/IMPS transfer to branches that earlier showed UBGB or DBGB codes, use only the new IFSC PUNB0MBGB06. Transactions attempted with revoked IFSCs will fail or be delayed and will require follow-up with the bank to re-route funds.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to identify bank branches in 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 code (example: MBGB06 identifies the specific merged branch sequence).
Example: In PUNB0MBGB06, PUNB = PNB, 0 = reserved, MBGB06 = branch identifier. The fifth character is the numeral zero (0), not the letter ‘O’. Always check length = 11 characters.
How to Use IFSC Code
- Open your bank’s internet banking, mobile banking app, or visit the branch for offline transfer.
- Choose the transfer type: NEFT, RTGS (for high-value same-day transfers), or IMPS (instant, 24×7 for smaller amounts).
- Enter beneficiary name exactly as in their bank account records.
- Enter the beneficiary account number.
- Enter the IFSC: PUNB0MBGB06. Verify it is 11 characters long and the 5th character is the digit 0.
- Enter amount and purpose. For NEFT, note the bank’s cut-off times; for RTGS check minimum value limits set by your bank.
- Confirm beneficiary details and authenticate using OTP/password/transaction PIN.
- Save beneficiary only after verification if you will transfer repeatedly. Re-check IFSC before every new beneficiary addition.
Note: IFSC is required for NEFT, RTGS and IMPS. It is not required for UPI payments, which use virtual IDs or mobile numbers.
Benefits of Knowing the IFSC
- Ensures funds are routed to the correct bank and branch without manual intervention.
- Speeds up processing: correct IFSC reduces failed or returned transactions.
- Makes beneficiary setup in online banking accurate and repeatable.
- Helps verify bank details when reconciling receipts and payments.
- Essential when banks merge or change sponsor banks—prevents use of revoked codes.
Contact
Branch Phone: 7781004458
Branch Address: NAYI GODAM, Gaya, 823001
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll-free: 18001807777
FAQs
Q: Is PUNB0MBGB06 valid for NEFT, RTGS and IMPS?
A: Yes. PUNB0MBGB06 is the valid IFSC to use for NEFT, RTGS and IMPS for the merged Bihar Gramin Bank branches under PNB sponsorship.
Q: How can I be sure the IFSC is correct before sending money?
A: Check that the code has 11 characters, the fifth is the digit 0, and the first four match the sponsor bank (PUNB for PNB). Confirm the branch name and MICR (800811002) with the beneficiary or the bank’s official records. If in doubt, call the branch at 7781004458 or the toll-free number 18001807777.
Q: What happens if I use an old UBGB or DBGB IFSC?
A: Old UBGB/DBGB IFSC codes have been revoked after the merger. Transfers using revoked codes can fail or be returned. The bank will need time to trace and re-route such payments, which delays settlement. Use PUNB0MBGB06 to avoid this.
Q: Does IFSC change the beneficiary account number?
A: No. IFSC identifies the branch. The beneficiary account number remains the primary identifier. Both must match the bank’s records. A wrong account number can send funds to the wrong account even if IFSC is correct.
Q: Are there limits or timings for NEFT/RTGS/IMPS?
A: Yes. IMPS is typically instant 24×7 for lower amounts. NEFT is processed in batch cycles; timings depend on bank cut-offs. RTGS is for high-value same-day transfers and may have a minimum amount (bank dependent). Check your bank’s limits and cut-off times before initiating a transfer.
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.