Paroo is a branch of Bihar Gramin Bank located in Paroo village, Muzaffarpur district, Bihar (PIN 843156). The branch serves local residents and small businesses in and around Muzaffarpur. For electronic fund transfers—NEFT, RTGS and IMPS—the correct IFSC code is essential. The IFSC tells the payment system which bank and which branch should receive funds. A wrong or missing IFSC can delay or block a transfer.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Paroo |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100130 |
| Branch Address | Paroo, MUZAFFARPUR, 843156, 9297955391 |
| Contact Number | 9297955391 |
| City | MUZAFFARPUR |
| District | MUZAFFARPUR |
| Reason | MUZAFFARPUR |
| Pincode | 843156 |
| State | Bihar |
Merger Update
Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into Punjab National Bank. All legacy UBGB and DBGB IFSC codes have been revoked. The consolidated code used now for these branches is PUNB0MBGB06 under Punjab National Bank. Only this new IFSC should be used for NEFT, RTGS and IMPS. Using old UBGB/DBGB IFSCs will cause the transaction to fail.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character code used to route electronic payments. The structure is:
- First 4 characters: Bank identifier (for example, PUNB = Punjab National Bank).
- 5th character: Always 0 (reserved for future use).
- Last 6 characters: Branch identifier (alphanumeric, e.g. MBGB06).
Example: PUNB0MBGB06 breaks down as PUNB | 0 | MBGB06.
How to Use IFSC Code
- Open your bank app or internet banking and choose the transfer method (NEFT, RTGS, IMPS).
- Select “Add beneficiary” or “Add payee.”
- Enter beneficiary name and account number exactly as provided by the recipient.
- Enter the IFSC: PUNB0MBGB06 for Bihar Gramin Bank, Paroo branch.
- Verify beneficiary details and confirm via OTP or bank authentication.
- Choose amount and confirm the transfer. Note limits: RTGS typically for amounts ≥ ₹2,00,000; NEFT has batch timings but is available widely; IMPS is instant 24×7 for lower amounts.
- Save the beneficiary after the mandatory waiting period (if applicable) and then initiate the payment.
Always double-check the IFSC and account number before confirming. A small mistake can delay the transfer.
Benefits of Knowing the IFSC
- Ensures funds reach the correct bank and branch without delay.
- Required for NEFT, RTGS and some IMPS transfers initiated outside UPI.
- Reduces errors and failed transactions, saving time and follow-up calls.
- Needed for filling bank forms, deposits, or setting up automatic payments.
- Helps customer service staff locate account details quickly during disputes.
Contact
Branch phone no: 9297955391
Branch Address: Paroo, MUZAFFARPUR, 843156
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Can I use an old UBGB IFSC for transfers to this branch?
A: No. Old UBGB and DBGB IFSCs have been revoked after the merger. Use the new IFSC PUNB0MBGB06 for successful transfers.
Q: How many characters are in an IFSC code?
A: An IFSC code has 11 characters: 4 letters for the bank, 1 digit (0), and 6 alphanumeric characters for the branch.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC does not match the account or branch, the payment may fail or be returned. In rare cases, if the account number maps to a different branch, funds could go to the wrong account. Always verify both IFSC and account number.
Q: Which transfer method should I choose: NEFT, RTGS or IMPS?
A: Use RTGS for high-value transfers (usually ₹2,00,000 and above). Use NEFT for standard non-urgent transfers; settlement is in hourly or batched cycles depending on the bank. Use IMPS for instant 24×7 transfers of smaller amounts. Check your bank app for limits and charges.
Q: Where else can I find or verify the IFSC for this branch?
A: Confirm the IFSC from your cheque leaf or passbook, call the branch at 9297955391, or contact the bank’s toll-free number 18001807777. Bank statements and official bank communications also list the IFSC.
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.