Padmaul branch of Bihar Gramin Bank is located in Padmaul, Muzaffarpur district, Bihar — PIN 843109. This branch handles local deposits, withdrawals and fund transfers for residents and businesses in and around Muzaffarpur. For electronic transfers such as NEFT, RTGS and IMPS you must use the branch IFSC code. The IFSC uniquely identifies the bank and branch for routing interbank electronic payments and ensures money reaches the correct account without manual intervention.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Padmaul |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100144 |
| Branch Address | Padmaul, MUZAFFARPUR, 843109, 9297955386 |
| Contact Number | 9297955386 |
| City | MUZAFFARPUR |
| District | MUZAFFARPUR |
| Reason | MUZAFFARPUR |
| Pincode | 843109 |
| State | Bihar |
Merger Update
Important: Bihar Gramin Bank branches that were earlier operating under Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) have been consolidated and now operate under Punjab National Bank (PNB) systems. All legacy UBGB/DBGB IFSC codes have been revoked. For Padmaul branch use the single, current IFSC: PUNB0MBGB06. Only this IFSC is valid for NEFT, RTGS and IMPS transactions; old UBGB or DBGB IFSCs will fail and should not be used.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to identify bank branches in electronic payments.
- First 4 characters: Identify the bank. Example: PUNB = Punjab National Bank.
- 5th character: Always 0 (reserved for future use).
- Last 6 characters: Identify the specific branch. Example: MBGB06 identifies the Padmaul branch series under the sponsor arrangement.
How to Use IFSC Code
Follow these steps when making NEFT, RTGS or IMPS transfers to Padmaul branch:
- Open your bank’s netbanking, mobile app, or visit a branch.
- Choose the transfer type: NEFT, RTGS or IMPS. (IMPS is instant; NEFT/RTGS depend on bank and timing.)
- Select beneficiary as a new payee if not added earlier.
- Enter beneficiary name, account number and the IFSC: PUNB0MBGB06.
- Enter amount and purpose/remarks. Double-check the account number and IFSC before confirming.
- Authenticate the transfer with OTP or netbanking token as required by your bank.
- Save the transaction receipt or UTR/reference number for future tracking.
Notes: IMPS works 24×7 for small and medium amounts as per bank limits. NEFT and RTGS are available round-the-clock at many banks; RTGS is preferred for large-value transfers—confirm any bank-specific minimums or cut-offs with your bank.
Benefits of Knowing the IFSC
- Ensures electronic funds reach the exact branch and account quickly and securely.
- Reduces failed transactions caused by incorrect routing.
- Required for adding beneficiaries in internet and mobile banking.
- Makes reconciliation easier for businesses using branch-specific codes (branch code 100144 for Padmaul).
- Helps customer service and dispute resolution by providing an exact routing identifier.
Contact
Branch Phone: 9297955386
Branch Address: Padmaul, MUZAFFARPUR, 843109
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll-free Number: 18001807777
FAQs
Q: Can I use the old UBGB or DBGB IFSC to send money?
A: No. Old UBGB/DBGB IFSC codes have been revoked after consolidation under Punjab National Bank. Use the current IFSC PUNB0MBGB06 for all electronic transfers.
Q: What happens if I enter the wrong IFSC but correct account number?
A: If IFSC and account number together map to an existing account, the transfer goes through to that account. If they do not match, the transaction may be rejected or returned. Always confirm both account number and IFSC before sending.
Q: Is MICR needed for online transfers?
A: No. MICR (800811002 for this branch) is used primarily for cheque processing. IFSC is required for NEFT, RTGS and IMPS.
Q: Which mode should I use for urgent high-value payments?
A: Use RTGS for high-value payments where immediate credit is needed. IMPS is instant for smaller amounts. NEFT is suitable for routine transfers. Check your bank for any value limits or charges.
Q: How can I verify the IFSC before transferring?
A: Verify the IFSC from the beneficiary’s bank statement, cheque leaf, or by calling the branch at 9297955386. Use only the official IFSC PUNB0MBGB06 for Padmaul branch transfers.
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.