Bihar Gramin Bank Padma. IFSC Code

The Bihar Gramin Bank branch at Padma is located in Madhepura district area of Madhubani (Pincode 847226). This branch serves local customers for deposits, withdrawals and fund transfers. For any electronic transfer — NEFT, RTGS or IMPS — the IFSC code is essential. The IFSC identifies the bank and the specific branch so the payment is routed correctly and quickly.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Padma
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100343
Branch Address	Padma., MADHUBANI, 847226, 9297954931
Contact Number	9297954931
City	MADHUBANI
District	MADHUBANI
Reason	JHANJHARPUR
Pincode	847226
State	Bihar

Merger Update

Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged into a single entity under Punjab National Bank. The merged branches now use the single IFSC code PUNB0MBGB06 for all electronic transactions. Old IFSC codes issued to UBGB or DBGB branches have been revoked. Only the new IFSC code PUNB0MBGB06 is valid for NEFT, RTGS and IMPS transfers to these branches.

What is IFSC Code?

The IFSC is an 11-character code used to identify bank branches in India for electronic payments. Its structure is fixed:

• First 4 characters: Alphabetic bank code (for example, PUNB = Punjab National Bank).
• 5th character: Always the digit 0 (reserved for future use).
• Last 6 characters: Alphanumeric branch identifier (for example, MBGB06 is the branch part of PUNB0MBGB06).

How to Use IFSC Code (NEFT, RTGS, IMPS)

• Open your bank’s netbanking app or mobile banking.
• Choose the transfer type: NEFT, RTGS or IMPS. (RTGS is normally for high-value transfers; NEFT and IMPS handle other amounts.)
• Add a beneficiary or payee. Enter: beneficiary name, account number, and the IFSC PUNB0MBGB06 for Padma branch.
• Verify beneficiary details. Check account number and IFSC twice to avoid errors.
• Initiate transfer and note the UTR or transaction reference for tracking.
• If the bank requires validation, approve via OTP or token as provided by your bank.

Benefits of Knowing the IFSC

• Ensures funds reach the exact branch and account without manual intervention.
• Speeds up electronic payments — transfers are routed automatically.
• Required for adding beneficiaries in netbanking and mobile apps.
• Helps customer service quickly trace and resolve failed or returned payments.
• MICR and branch code details aid cheque processing and internal records.

Contact

Branch phone: 9297954931

Branch Address: Padma., MADHUBANI, 847226

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

Toll free: 18001807777

FAQs

Q: Can I use the IFSC code PUNB0MBGB06 for all transfers to Padma branch?
Yes. Use PUNB0MBGB06 for NEFT, RTGS and IMPS transfers to the Padma branch. This is the current valid IFSC after the merger.

Q: What happens if I enter the wrong IFSC?
If the IFSC does not match the receiving bank, the payment will likely fail or be rejected. If the IFSC points to a different branch but the account number exists, the receiving bank may still route it, but this can cause delays. Contact your bank immediately to trace and return the funds.

Q: Is IFSC the same as MICR?
No. IFSC is for electronic fund transfers. MICR is a 9-digit code used for cheque clearing. Both identify branches but serve different systems.

Q: Does RTGS have a minimum amount?
RTGS is intended for high-value transactions and banks commonly set a minimum of ₹2,00,000 for RTGS. NEFT has no minimum. IMPS is immediate and subject to per-transaction limits set by each bank (often around ₹5 lakh but it varies).

Q: How can I confirm that old UBGB IFSC codes are revoked?
The merged entities now operate under the Punjab National Bank IFSC PUNB0MBGB06. If you have an older UBGB or DBGB IFSC, it should not be used. When in doubt, verify with the branch phone (9297954931) or your bank’s customer support before sending funds.