The Pakri branch of Bihar Gramin Bank is located in the Aurangabad district of Bihar. For any online money transfer to this branch, you need its unique Indian Financial System Code (IFSC). This 11-character code is essential for directing funds accurately through systems like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). Without the correct IFSC code, your transaction may be delayed or rejected.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | PAKRI |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | MBGB06 |
| Branch Address | PAKRI, Aurangabad, 821124, 9771464118 |
| Contact Number | 9771464118 |
| City | Aurangabad |
| District | Aurangabad |
| State | Bihar |
Merger and IFSC Code Update
Bihar’s regional rural banks, including Dakshin Bihar Gramin Bank (DBGB) and Madhya Bihar Gramin Bank (MBGB), have undergone mergers. The current entity, sponsored by Punjab National Bank (PNB), now operates with new, unified IFSC codes. This is why the IFSC code for this branch starts with PUNB, which is the code for its sponsor bank, PNB. The characters MBGB within the code (PUNB0MBGB06) signify its legacy association with Madhya Bihar Gramin Bank.
It is critical to note that all old IFSC codes belonging to the pre-merger banks are now invalid. For any transaction to the Pakri branch, you must use the new IFSC code, PUNB0MBGB06, to ensure your funds are processed correctly.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch participating in the electronic funds transfer network. The code has a specific structure that helps identify the bank and its branch.
Let’s break down the IFSC code for the Pakri branch, PUNB0MBGB06:
- PUNB: The first four characters represent the bank’s name. In this case, it represents the sponsor bank, Punjab National Bank.
- 0: The fifth character is always a zero. It is reserved for future use.
- MBGB06: The last six characters identify the specific branch. For this branch, it is MBGB06.
How to Use the IFSC Code for Fund Transfers
Using the IFSC code for an online money transfer is a straightforward process. When you initiate a payment through NEFT, RTGS, or IMPS via your bank’s mobile app or website, you will need to provide the following beneficiary details:
- Beneficiary’s Name (the account holder’s full name)
- Beneficiary’s Bank Account Number
- Beneficiary’s Bank Name (Bihar Gramin Bank)
- Beneficiary’s Branch Name (PAKRI)
- IFSC Code of the Beneficiary’s Branch (PUNB0MBGB06)
After entering these details, double-check the IFSC code and account number for accuracy before confirming the transaction. An incorrect code can lead to the transaction failing or the money being sent to the wrong branch.
Benefits of Using the IFSC Code
- Accurate Transfers: It ensures that your money reaches the correct bank branch and account without errors.
- Faster Processing: The code automates the fund transfer process, making transactions quicker and more efficient than physical methods like cheques or demand drafts.
- Reduced Risk: By pinpointing the exact branch, the IFSC code minimizes the risk of transactions being misrouted or delayed.
- Nationwide Reach: It enables seamless money transfers between any two bank branches across the country that are part of the electronic payment network.
Contact Information
For direct assistance or inquiries, you can reach out to the branch or the bank’s head office.
- Branch Contact Number: 9771464118
- Branch Address: PAKRI, Aurangabad, Bihar – 821124
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions
1. Can I still use an old IFSC code from before the bank merger?
No. All old IFSC codes from legacy banks like Madhya Bihar Gramin Bank or Dakshin Bihar Gramin Bank are now discontinued. You must use the new code, PUNB0MBGB06, for all transactions to this branch.
2. Is the IFSC code the same for all branches of Bihar Gramin Bank?
No, each branch has its own unique IFSC code. The first four letters (PUNB) will be the same for all branches sponsored by PNB, but the last six characters will be different for each specific branch.
3. What happens if I enter the wrong IFSC code?
If the code you enter does not exist, the transaction will likely be rejected, and the money will be credited back to your account. However, if the incorrect code matches another valid bank branch, the funds could be sent there, causing significant delays in recovery.
4. Do I need an IFSC code for UPI payments?
No, IFSC codes are not required for UPI transactions. UPI payments operate using a Virtual Payment Address (VPA), which is linked directly to your bank account.
5. Where can I find the IFSC code for my branch?
The IFSC code is printed on the cheque leaves issued by the bank and is also usually mentioned on the first page of your passbook. You can also find it on your bank’s official website or by contacting the branch directly.
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.