The Bihar Gramin Bank Parwaha branch is located in Parwaha village in Araria district of Bihar (PIN 854318). This IFSC code is essential for sending and receiving electronic fund transfers such as NEFT, RTGS and IMPS. Entering the correct IFSC ensures funds route to the exact branch. A wrong or outdated code can delay transfers or cause returns.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Parwaha |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100795 |
| Branch Address | Parwaha, ARARIA, 854318, 9297954379 |
| Contact Number | 9297954379 |
| City | ARARIA |
| District | ARARIA |
| Reason | ARARIA |
| Pincode | 854318 |
| State | Bihar |
Merger Update
Note on previous regional banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) were reorganised and their operations were consolidated under Punjab National Bank’s rural banking arrangement. Both former bank IFSC codes issued under UBGB and DBGB have been revoked. The single valid IFSC for transactions at this branch is PUNB0MBGB06 (Punjab National Bank format). Use this code for all NEFT, RTGS and IMPS transfers; older UBGB/DBGB IFSCs will not work.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code that identifies a specific bank branch in India for electronic payments. Its structure:
- First 4 characters – bank identifier. Example: PUNB = Punjab National Bank.
- 5th character – always the numeral 0 (reserved).
- Last 6 characters – branch identifier. Example: MBGB06 in PUNB0MBGB06 identifies the Parwaha branch within the bank’s coding scheme.
How to Use IFSC Code
Follow these steps when making NEFT, RTGS or IMPS transfers.
- Open your bank’s netbanking site or mobile app, or visit the branch for a paper form.
- Select the transfer type: NEFT, RTGS or IMPS. (IMPS is for immediate low-value transfers; RTGS is for high-value immediate transfers; NEFT is used for regular transfers.)
- Enter beneficiary name, account number and the IFSC: PUNB0MBGB06 for Bihar Gramin Bank, Parwaha.
- Verify the beneficiary details shown by your bank before confirming. Look at bank name and branch city as an extra check.
- Confirm the amount and authenticate using OTP or your banking password/token.
- Save the transaction receipt or reference number. For any delay, provide this reference to your bank.
Practical notes:
- NEFT is now available 24×7 and typically credits within minutes, depending on banks. It used to be batch-processed but is now near real-time.
- RTGS settles each transaction individually and posts immediately once processed. Banks may impose cut-off rules for outward transactions at branch counters.
- IMPS is instant and available 24×7 for immediate transfers, subject to bank-specific per-transaction and daily limits. Check your bank’s limit before initiating large IMPS transfers.
Benefits of Knowing the IFSC
- Accurate routing: ensures funds reach the exact branch and account.
- Faster settlement: correct IFSC reduces return and reprocessing time.
- Required for online transfers: most apps mandate an IFSC for NEFT/RTGS/IMPS.
- Easy verification: cross-check with MICR, branch name and city before sending money.
- Helps bank staff locate your branch in batch and settlement systems.
Contact
Branch phone: 9297954379
Branch address: Parwaha, ARARIA, 854318
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 code to transfer funds?
A: No. Old UBGB and DBGB IFSCs have been revoked after consolidation. Use the new IFSC PUNB0MBGB06 for this Parwaha branch.
Q: Where can I physically find the IFSC on my bank documents?
A: The IFSC appears on cheque leaves, passbooks and account statements. The bank branch can also provide it in writing.
Q: Is IFSC the same as MICR?
A: No. IFSC is used for electronic transfers and is alphanumeric (11 chars). MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque processing. For Parwaha, the MICR code is 800811002.
Q: What happens if I enter a wrong IFSC but correct account number?
A: If the wrong IFSC maps to a different branch but the account number exists there, the funds might go to the wrong account. Many banks block transfers if IFSC and account number don’t match. Always verify both details before sending money.
Q: How long does an NEFT/RTGS/IMPS transfer to this branch take?
A: IMPS is immediate (seconds to a few minutes). RTGS is real-time and posts immediately after processing by the bank. NEFT is typically processed promptly; it is available 24×7 and usually completes within minutes to a few hours depending on banks and internal checks. If a transfer is delayed, use the transaction reference and contact the sending bank or the branch.
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.