Bihar Gramin Bank Ratwara Bindwara Deoria IFSC Code

The Bihar Gramin Bank branch at Ratwara Bindwara Deoria is located in Muzaffarpur, Bihar (PIN 842001). This IFSC code information is important when you send or receive money using NEFT, RTGS, or IMPS. The IFSC tells the banking systems exactly which bank and branch should get the funds, so it avoids routing errors and delays.

Branch Details

Merger Update

Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged under Punjab National Bank. The merged branches now use a single IFSC code: PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked. For fund transfers, use only the new IFSC PUNB0MBGB06. Transactions sent to revoked IFSC codes will be returned or fail.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used in electronic fund transfers. The structure is fixed:

• First 4 characters = bank code (letters). Example: PUNB = Punjab National Bank.
• 5th character = always 0 (reserved).
• Last 6 characters = branch identifier (letters or digits). Example: MBGB06 in PUNB0MBGB06.

How to Use IFSC Code

Use the IFSC when you set up a beneficiary or complete an online transfer. Steps:

• Open your bank’s app or internet banking.
• Choose transfer type: NEFT, RTGS or IMPS.
• Select “Add Beneficiary” and enter beneficiary name, account number and IFSC: PUNB0MBGB06. Verify the bank and branch name displayed by the system.
• After beneficiary is approved, initiate the transfer. For NEFT/RTGS choose the service and enter amount.
• Confirm details and authenticate with OTP or transaction password.
• Keep the transaction reference. Check beneficiary account details if the transfer fails or is returned.

Practical notes: IMPS is immediate and available most of the time. NEFT and RTGS timings can depend on your bank’s cut-offs. RTGS is meant for larger amounts (typically used for high-value transfers), while NEFT has no specific minimum amount. Always confirm your bank’s limits and timings before large transfers.

Benefits of Knowing the IFSC

• Ensures funds reach the correct bank branch.
• Prevents delays and returned transfers due to routing errors.
• Required for registering beneficiaries for NEFT, RTGS and IMPS.
• Useful for verifying bank details on cheques and bank forms (along with MICR and branch code).
• Makes online payments and bill settlements faster and safer.

Contact

Branch phone no: 9297955389

Branch Address: Ratwara Bindwara Deoria, MUZAFFARPUR, 842001

Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free no: 18001807777

FAQs

• Q: Is PUNB0MBGB06 the only valid IFSC for this branch?

  A: Yes. After the merger under Punjab National Bank, PUNB0MBGB06 is the valid IFSC. Old UBGB/DBGB codes have been revoked.

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

  A: If the IFSC is incorrect and still maps to a valid branch, funds may go to the wrong account or branch. If the IFSC is invalid or revoked, the transfer will be returned. Always confirm account number and IFSC before sending money.

• Q: Can I use this IFSC for NEFT, RTGS and IMPS?

  A: Yes. Use PUNB0MBGB06 for NEFT, RTGS and IMPS transfers to the Ratwara Bindwara Deoria branch.

• Q: How do I verify the branch name after entering IFSC?

  A: Most bank apps show the bank and branch name during beneficiary entry. Match that name with “Ratwara Bindwara Deoria, Muzaffarpur” and the account holder’s details before confirming.

• Q: What is the difference between IFSC and MICR?

  A: IFSC routes electronic transfers and is 11 characters long. MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly to speed up cheque clearing. For electronic fund transfers use the IFSC; for cheque processing MICR is used.

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.