Parihar is a locality in Sitamarhi district, Bihar. The Bihar Gramin Bank branch at Parihar serves local residents and businesses for deposits, withdrawals and remittances. For online fund transfers—NEFT, RTGS and IMPS—the branch-specific IFSC code is essential: it tells the clearing system which bank and which branch should receive the funds. Entering the correct IFSC prevents routing errors and speeds up settlement.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | Parihar |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100066 |
| Branch Address | Parihar, SITAMARHI, 0, 9297954738 |
| Contact Number | 9297954738 |
| City | SITAMARHI |
| District | SITAMARHI |
| Reason | SITAMARHI |
| Pincode | 0 |
| State | Bihar |
Merger Update
This branch now uses the single IFSC code PUNB0MBGB06 under Punjab National Bank. The regional banks Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into the Punjab National Bank arrangement for these regional operations. As a result, any old UBGB IFSC codes that were previously used have been revoked. For all NEFT/RTGS/IMPS transfers to this branch, use only the new IFSC PUNB0MBGB06. Old IFSCs will not work for processing and may cause delays or rejections.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used by RBI and the banking system to route electronic payments to the correct bank and branch.
- First 4 characters – bank identifier (for example PUNB = Punjab National Bank).
- 5th character – always the digit 0 (reserved for future use).
- Last 6 characters – branch identifier (unique to the branch).
How to Use IFSC Code
Below are practical steps to use the IFSC for NEFT, RTGS and IMPS transfers.
- Collect beneficiary details: beneficiary name, account number, bank name, branch name and IFSC (PUNB0MBGB06 for Parihar).
- Login or visit: use netbanking, mobile banking or visit your bank branch.
- Add beneficiary (if required): enter beneficiary name, account number and IFSC. Most banks require beneficiary registration; you may need to wait until the bank activates the beneficiary (often immediate or within a few hours).
- Choose transfer type:
- IMPS — immediate, 24×7, usually for small value transfers (subject to bank limits).
- NEFT — for transfers of any amount; now available round-the-clock. No minimum amount.
- RTGS — for large-value transfers. Banks typically require a minimum of around Rs 2,00,000; check with your bank for exact thresholds.
- Enter details: input beneficiary account number, IFSC (PUNB0MBGB06), amount and purpose. Double-check digits—IFSC must be exact.
- Authorize: confirm the transfer using OTP/transaction password/TPIN as your bank requires.
- Confirmation: note the transaction reference or UTR. Use it to track the transfer if needed.
- If unsure: if the bank charges or cut-off times are unclear, confirm with your bank before initiating a large RTGS transfer. Though systems are largely 24×7, some banks may have batch processing or internal restrictions.
Benefits of Knowing the IFSC
- Unique branch routing: ensures funds go to the correct branch and account.
- Saves time: online transfers process faster when IFSC is correct.
- Required for NEFT/RTGS/IMPS: you cannot complete most electronic transfers without it.
- Reduces errors and reversals: correct IFSC lowers the chance of delays or failed transfers.
- Useful for receiving electronic payments: provide it to salary departments, clients or remitters.
Contact
Branch phone no: 9297954738
Branch address: Parihar, SITAMARHI, 0, 9297954738
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Can I use the old UBGB IFSC code to transfer money to the Parihar branch?
A: No. Old UBGB IFSC codes have been revoked. Use only the current IFSC PUNB0MBGB06 for transfers to this branch.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC is incorrect, the transfer may fail or be routed incorrectly. Most systems validate the IFSC against the bank code; if the account number does not match the branch, the payment will typically be returned to the sender. Always verify the IFSC and account number before confirming the transfer.
Q: Is there a minimum or maximum amount for NEFT/RTGS/IMPS?
A: NEFT has no fixed minimum and is suitable for any amount. RTGS is intended for large-value transactions; banks usually set a minimum around Rs 2,00,000 but check with your bank for their exact threshold. IMPS is for immediate transfers and is typically used for small to medium amounts within the bank’s limit.
Q: How long will a transfer to Parihar branch take?
A: IMPS is instantaneous. NEFT and RTGS are generally fast and available 24×7 across banks, but actual settlement time can depend on the sending bank’s processing. Keep the transaction reference (UTR) to track the payment if needed.
Q: How can I verify the IFSC before sending money?
A: Confirm the IFSC with the beneficiary, check a printed bank passbook or cheque leaf (if provided), or call the branch phone number 9297954738. When in doubt, contact the head office toll-free number 18001807777 for confirmation.
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.