Bihar Gramin Bank Parsauni IFSC Code

The Bihar Gramin Bank branch at Parsauni is located in Parsauni village, MadhuBani district, Bihar, PIN 847222. This IFSC code is essential for electronic fund transfers. When you use NEFT, RTGS or IMPS, the IFSC ensures money routes to the correct bank and branch. Entering the right IFSC prevents delays and failed transfers.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Parsauni
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100365
Branch Address	Parsauni, MADHUBANI, 847222, 9297954877
Contact Number	9297954877
City	MADHUBANI
District	MADHUBANI
Reason	MADHUBANI
Pincode	847222
State	Bihar

Merger Update

Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were merged under the sponsor bank, and their operations now use a single IFSC code under Punjab National Bank. The consolidated IFSC for the merged entity is PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked. Use only PUNB0MBGB06 for NEFT, RTGS and IMPS transactions to avoid failures or return of funds.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to uniquely identify a bank branch for electronic payments. The format is:

• First 4 characters: alphabetic code of the bank (example: PUNB = Punjab National Bank).
• 5th character: reserved and is always zero (0).
• Last 6 characters: branch identifier, which may be letters or numbers (example: MBGB06 for this branch code portion).

How to Use IFSC Code for NEFT, RTGS, IMPS

• Log in to your netbanking or payments app.
• Choose the transfer type: NEFT, RTGS (high-value, specific windows), or IMPS (instant, 24×7).
• Add a beneficiary. Enter beneficiary name, account number and the IFSC code PUNB0MBGB06.
• Verify the beneficiary details shown by the bank. Confirm bank name and branch match Bihar Gramin Bank, Parsauni.
• Enter the amount and a short remark. Confirm the transfer using OTP or transaction password.
• Record the transaction reference number. Check status in transaction history or beneficiary notifications.

Benefits of Knowing the IFSC

• Accurate routing: Ensures funds reach the correct branch without manual intervention.
• Faster processing: Correct IFSC reduces delays in NEFT, RTGS and IMPS.
• Error prevention: Using the right IFSC lowers the risk of failed transfers or returns.
• Easy beneficiary setup: Many banks validate IFSC automatically when adding beneficiaries.
• Audit trail: IFSC helps match transactions to the exact branch for reconciliation.

Contact

Branch Phone: 9297954877

Branch Address: Parsauni, MADHUBANI, 847222

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll Free: 18001807777

FAQs

Q: Is PUNB0MBGB06 the only IFSC I should use for this branch?

A: Yes. After the merger and consolidation, PUNB0MBGB06 is the valid IFSC. Old UBGB/DBGB IFSCs are revoked and should not be used.

Q: What happens if I enter a wrong IFSC while transferring?

A: If the IFSC points to a different branch, the money may be credited to the wrong account or returned. If IFSC is invalid, the transaction will likely fail. Always verify the IFSC and account number before confirming.

Q: How quickly do NEFT, RTGS and IMPS transfers complete?

A: IMPS is near-instant and works 24×7. NEFT operates in hourly batches (many banks now process NEFT 24×7, but times can vary). RTGS is for high-value, near-real-time but may have bank-specific cut-offs. Check your bank for exact timings.

Q: How can I confirm the IFSC and branch details before sending funds?

A: Confirm the IFSC printed on bank statements, cheque leaflets or call the branch at 9297954877. You can also verify the head office details listed here when in doubt.

Q: Are there charges for using these electronic transfer methods?

A: Banks may levy charges for NEFT and RTGS based on amount and channel (branch vs. netbanking). IMPS usually has a small fee. Check with your bank or the toll-free number 18001807777 for specific fee slabs.