Bihar Gramin Bank Parbatta IFSC Code

Parbatta is a town in Khagaria district, Bihar (PIN 851216). This article lists the Bihar Gramin Bank, Parbatta branch details and explains the IFSC code you need for electronic fund transfers. IFSC (used for NEFT, RTGS and IMPS) ensures funds route to the correct bank and branch. Entering the correct IFSC prevents delays and failed transactions.

Branch Details Table

Merger Update

The Parbatta branch now uses the single IFSC code PUNB0MBGB06 under Punjab National Bank. This applies if the branch previously belonged to Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB). Both UBGB and DBGB have been merged into Punjab National Bank for NEFT/RTGS/IMPS routing. Old UBGB or DBGB IFSC codes have been revoked. Use only the new IFSC PUNB0MBGB06 for all electronic transfers; older codes will not work.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alpha-numeric code used by the Reserve Bank of India to route electronic payments. The structure is fixed:

• 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 (alphanumeric; example: MBGB06 in PUNB0MBGB06).

So for PUNB0MBGB06: PUNB = bank, 0 = reserved, MBGB06 = Parbatta branch identifier.

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

• Open your bank’s netbanking, mobile app, or visit a branch for a transfer.
• Choose the transfer type: NEFT, RTGS (for high-value real-time gross settlement), or IMPS (instant, 24×7 subject to bank limits).
• Enter beneficiary name exactly as on their account.
• Enter the beneficiary account number.
• Enter the IFSC code: PUNB0MBGB06 for Bihar Gramin Bank, Parbatta branch.
• Enter the amount and purpose. For RTGS check your bank’s minimum amount (typically ₹2,00,000 but confirm with your bank). NEFT has no minimum; IMPS limits vary by bank (often up to ₹2,00,000 per transaction).
• Verify details and confirm. Note the transaction reference/UTR number after completion.

Practical tip: for the first transaction, send a small test amount (₹1 or ₹10) and confirm with the beneficiary before sending larger sums.

Benefits of Knowing the IFSC

• Accurate routing of electronic payments to the correct branch.
• Faster settlement: correct IFSC reduces failures and delays.
• Required for NEFT, RTGS and IMPS transfers using internet banking and mobile apps.
• Helps when filling cheque leaf or deposit slip information.
• Useful for verifying beneficiary details before large transfers.

Contact

Branch phone: 8102918691
Branch address: Parbatta, Khagaria, 851216
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777

FAQs

• Q: Can I use an old UBGB IFSC code for transfers?
  A: No. Old UBGB IFSC codes have been revoked after the merger. Use the new IFSC PUNB0MBGB06 for successful transfers.
• Q: What happens if I enter the wrong IFSC?
  A: If the IFSC does not match the beneficiary bank, the payment will likely fail and return to the sender (or be rejected by the receiving bank). If it matches a different account, funds could go to an unintended account. Always double-check name, account number and IFSC.
• Q: How long does an NEFT transfer to Parbatta take?
  A: NEFT transfers are processed in batches by banks. Most complete within a few hours on banking days. IMPS is instant. RTGS is real-time for high-value transactions. Expect delays on bank holidays.
• Q: Is IFSC the same as MICR?
  A: No. IFSC routes electronic payments. MICR (Magnetic Ink Character Recognition) codes (example: 800811002) help clearing houses process physical cheques faster.
• Q: Where can I verify the branch IFSC before sending money?
  A: Verify via your bank’s branch locator, by calling the branch number (8102918691), or by checking documentation such as passbook or account statement that lists the IFSC. After the UBGB/DBGB merger, ensure the code is PUNB0MBGB06.

Kriti Kumari

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.