Bihar Gramin Bank, PANAPUR branch is located in Panapur village, Kaimur (Bhabua) district, Bihar — PIN 821109. For anyone sending or receiving money to this branch, the IFSC code is essential. Banks use IFSC codes to route electronic fund transfers over NEFT, RTGS and IMPS networks. A correct IFSC ensures money reaches the right branch and account without delay.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | PANAPUR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7382 |
| Branch Address | PANAPUR, Kaimur (Bhabua), 821109, 9771464382 |
| Contact Number | 9771464382 |
| City | Kaimur (Bhabua) |
| District | Kaimur (Bhabua) |
| Reason | BHABHUA |
| Pincode | 821109 |
| State | Bihar |
Merger Update
Bihar Gramin Bank branches that were earlier under Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) now operate under Punjab National Bank for electronic transfers. The consolidated IFSC for this PANAPUR branch is PUNB0MBGB06. Old IFSC codes issued to UBGB or DBGB branches have been revoked. Only the new IFSC PUNB0MBGB06 is valid for NEFT, RTGS and IMPS transactions. Always confirm the IFSC before sending funds.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alpha-numeric code used to uniquely identify a bank branch in electronic payment systems.
- First 4 characters — Bank identifier. Example: PUNB = Punjab National Bank.
- 5th character — Reserved and is always 0 (zero) in current standard.
- Last 6 characters — Branch identifier. Example: in PUNB0MBGB06, the last 6 characters MBGB06 identify the PANAPUR branch.
How to Use IFSC Code
Use the IFSC during any online or bank-initiated fund transfer. Steps:
- Choose transfer type in your bank app or internet banking: NEFT, RTGS or IMPS.
- Select “Add Beneficiary” or “New Payee.”
- Enter beneficiary name, account number, and the IFSC: PUNB0MBGB06.
- Save the beneficiary. Many banks display the beneficiary’s bank and branch name for verification—confirm it matches PANAPUR, Kaimur (Bhabua).
- Initiate the transfer by selecting the saved beneficiary, entering the amount and purpose, and authorising with OTP or secure PIN.
- Timing and limits:
- IMPS is instant and available 24×7 for typical retail limits set by the bank.
- NEFT settles in hourly or half-hourly batches (depending on bank schedule) and is available during bank-specified hours and increasingly 24×7 in many banks.
- RTGS is for higher-value transfers (historically used for amounts ≥ ₹2,00,000; check your bank for the current minimum and charges).
Benefits of Knowing the IFSC
- Ensures funds route to the correct branch and reduce failed or returned transfers.
- Needed to add beneficiaries for NEFT, RTGS and IMPS transactions.
- Speeds up reconciliation and reduces bank queries when the sender uses the correct code.
- Makes online bill payments, salary credits and vendor payments smoother.
- Helps verify branch identity — prevents fraud from similar-sounding branch names.
Contact
Branch Phone: 9771464382
Branch Address: PANAPUR, Kaimur (Bhabua), 821109
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free No: 18001807777
FAQs
Q: Can I use the old UBGB or DBGB IFSC for transfers?
A: No. Old UBGB and DBGB IFSC codes have been revoked after the merger. Use the current IFSC PUNB0MBGB06 for this PANAPUR branch.
Q: What happens if I enter a wrong IFSC?
A: If the IFSC does not match any branch, the transfer usually fails and funds are returned. If it matches another branch, the funds may go to the wrong branch/account; reversal then requires bank intervention and can take time.
Q: How is MICR different from IFSC?
A: MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing. IFSC is an 11-character code used for electronic transfers (NEFT/RTGS/IMPS). For PANAPUR branch, MICR is 800811002.
Q: Is IFSC required for NEFT, RTGS and IMPS?
A: Yes. Banks require the correct IFSC to route NEFT and RTGS. IMPS also requires IFSC and account number, or you can use MMID/VPA in systems that support them.
Q: Where else can I verify the IFSC?
A: Verify IFSC from your bank’s official statements, cheque book, or by calling the branch phone (9771464382). Always confirm the code before large transactions.
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.