Bihar Gramin Bank Raiser IFSC Code

Bihar Gramin Bank, Raiser branch is located in Raiser village, Munger (Monghyr) district, Bihar — PIN 811201. This branch serves local residents and small businesses in and around Raiser. For electronic fund transfers such as NEFT, RTGS and IMPS you must use the correct IFSC code. The IFSC identifies the bank and exact branch in the payment network. Using the right IFSC ensures funds route to the intended account quickly and without rejection or delay.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	Raiser
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	3233
Branch Address	Raiser, Munger (Monghyr), 811201, 7061502716
Contact Number	7061502716
City	Munger (Monghyr)
District	Munger (Monghyr)
Reason	BHAGALPUR
Pincode	811201
State	Bihar

Merger Update

Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged under Punjab National Bank. After that merger, the combined rural-bank branches now use the single IFSC PUNB0MBGB06 under Punjab National Bank for electronic transfers. Old UBGB and DBGB IFSC codes have been revoked. For any transfers to accounts that were previously with UBGB or DBGB, use the new IFSC PUNB0MBGB06 only. Transactions attempted with revoked IFSCs will fail or be returned.

What is IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code. It tells the payment system which bank and which branch should receive money.

• First 4 characters: Identify the bank. Example: PUNB = Punjab National Bank.
• 5th character: Always the digit 0 (reserved for future use).
• Last 6 characters: Identify the branch. Example in PUNB0MBGB06, the last six are MBGB06, which point to the specific branch.

How to Use IFSC Code (NEFT, RTGS, IMPS)

• Open your bank’s netbanking app or mobile banking app and choose the fund transfer option (NEFT/RTGS/IMPS).
• Select the transfer type:
  • Use IMPS for instant small-value transfers (24×7, immediate).
  • Use NEFT for routine transfers (processed in batches; now available 24×7).
  • Use RTGS for high-value, real-time gross settlement transfers (usually above bank-specified limits).
• Enter beneficiary name, account number and the IFSC code: PUNB0MBGB06.
• Verify the beneficiary details shown by the system. Confirm name, account number and branch if prompted.
• Enter amount and any remarks, then authorize (OTP, token or MPIN as required).
• Save the beneficiary for future use only after verifying a small transfer if you are unsure.

Benefits of Knowing the IFSC

• Accurate routing: Guarantees money reaches the correct bank branch.
• Faster settlements: Proper IFSC reduces rejections and delays.
• Required for all electronic transfers: NEFT, RTGS and IMPS require IFSC.
• Helps verify the beneficiary before sending funds.
• Useful when filling bank forms, e‑commerce payouts or salary credits.

Contact

Branch phone: 7061502716

Branch Address: Raiser, Munger (Monghyr), 811201

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

Toll free no: 18001807777

Frequently Asked Questions (FAQs)

Q: Is PUNB0MBGB06 the only valid code for this branch?

A: Yes. For transfers to this branch use PUNB0MBGB06. Old regional IFSC codes linked to UBGB or DBGB have been revoked and will not work.

Q: What happens if I enter the wrong IFSC?

A: If the IFSC does not match the account’s bank it will usually be rejected and returned to your account. If the IFSC points to a different branch but the account number is valid there, the transfer may go to a different beneficiary. Always verify both account number and IFSC.

Q: How long do transfers to this IFSC take?

A: IMPS is instant (seconds). NEFT is processed in hourly or half-hour batches depending on the bank’s schedule but is now largely available 24×7. RTGS is real-time and suited for high-value transfers. Actual credit time may vary by receiving bank processing rules.

Q: Can I use mobile UPI instead of IFSC-based methods?

A: Yes. UPI uses virtual IDs or mobile-linked accounts and does not require IFSC. But for account-to-account transfers via netbanking or branch channels you still need the IFSC.

Q: How do I verify this IFSC before sending money?

A: Confirm the IFSC from the beneficiary’s bank statement, their cheque leaf, or by calling the branch phone (7061502716). Also verify the head office or official bank communication when in doubt.