Bihar Gramin Bank Pilkhi Chowk IFSC Code

Pilkhi Chowk is a branch of Bihar Gramin Bank located in Muzaffarpur, Bihar (PIN 843121). This branch serves local retail and small-business customers and handles common banking transactions including deposits, withdrawals, and fund transfers. For electronic transfers such as NEFT, RTGS and IMPS, the branch IFSC code is essential. The IFSC uniquely identifies the bank and branch in the payment network and ensures funds route to the correct account.

Branch Details

Merger Update

Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single arrangement under Punjab National Bank for electronic clearing. As a result, the merged branches now use the single IFSC PUNB0MBGB06 under Punjab National Bank. Old UBGB IFSC codes have been revoked and are no longer valid for NEFT/RTGS/IMPS. Always use PUNB0MBGB06 for transfers to this Pilkhi Chowk branch.

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify bank branches in electronic payment systems.

• First 4 characters — bank identifier (alphabetic). Example: PUNB represents Punjab National Bank.
• 5th character — reserved and is always 0.
• Last 6 characters — branch identifier. This can be letters and/or numbers. In PUNB0MBGB06, the last six are MBGB06, which point to the Pilkhi Chowk branch under the PNB mapping.

Note: The IFSC is different from the branch code printed in bank records. For this branch, the separate numeric Branch Code is 100069. The IFSC’s last six characters do not have to match the numeric branch code.

How to Use IFSC Code for NEFT, RTGS and IMPS

Follow these steps when adding a beneficiary or initiating a transfer:

• Open your bank’s netbanking site or mobile app and choose “Add Beneficiary” (or “Manage Payee”).
• Enter beneficiary name exactly as on their account. Example: the account holder at Pilkhi Chowk branch.
• Enter the beneficiary account number and IFSC: PUNB0MBGB06.
• Select transfer mode: NEFT, RTGS or IMPS. (Choose RTGS for urgent, high-value same-day credit where supported by your bank.)
• Enter amount and purpose, then verify details. Cross-check IFSC and account number before confirming.
• Authenticate the transaction with your bank’s OTP or PIN. Save the transaction reference/UTR for tracking.

If using a cheque leaf or paper form, write the IFSC in the space for branch identification. For inward transfers received by you, ask the sender to use the branch IFSC shown above.

Benefits of Knowing the IFSC

• Accurate routing: Ensures funds go to the exact branch and account.
• Required for online transfers: Mandatory field for NEFT, RTGS and IMPS.
• Faster reconciliation: Banks match the IFSC to process payments quickly.
• Fraud reduction: Correct IFSC reduces misrouted payments and return charges.
• Useful for paperwork: Appears on cheques, passbooks and account statements for verification.

Contact

Branch Phone: 9297955392

Branch Address: Pilkhi Chowk, MUZAFFARPUR, 843121

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

Toll Free: 18001807777

FAQs

• Q: Can I use an old UBGB IFSC to transfer money to Pilkhi Chowk?

  A: No. Old UBGB IFSC codes have been revoked after the merger. Use PUNB0MBGB06 for all NEFT/RTGS/IMPS transfers to this branch.

• Q: Where can I find this branch IFSC on bank documents?

  A: The IFSC is printed on cheque leaves and bank passbooks. It is also shown in account statements and on the bank’s beneficiary-add screen in netbanking or mobile banking.

• Q: What happens if I enter a wrong IFSC?

  A: If the wrong IFSC maps to another valid branch, the payment may reach a different branch and can be delayed while banks reconcile. If the IFSC is invalid, the transaction will typically be rejected and returned to you. Always verify both IFSC and account number.

• Q: Is MICR needed for NEFT/IMPS/RTGS?

  A: No. MICR is used for cheque clearing and is not required for electronic transfers. IFSC is the mandatory code for NEFT, RTGS and IMPS.

• Q: How long does a transfer to this IFSC take?

  A: IMPS is usually instant. NEFT is processed in hourly/batched settlements (timings depend on the bank). RTGS is for real-time settlement during bank business hours. Actual credit time depends on the sending bank and the transaction type; keep the UTR/transaction reference to track the payment.

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.