The Bihar Gramin Bank Ratwara branch is located in Ratwara village, Muzaffarpur district, Bihar (PIN 843117). For electronic fund transfers (NEFT, RTGS, IMPS), the IFSC code is the key piece of information that lets banks route payments to this exact branch. Using the correct IFSC ensures funds reach the right account quickly and avoids failed or delayed transfers.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Ratwara |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100851 |
| Branch Address | Ratwara, MUZAFFARPUR, 843117, 9297955400 |
| Contact Number | 9297955400 |
| City | MUZAFFARPUR |
| District | MUZAFFARPUR |
| Reason | MUZAFFARPUR |
| Pincode | 843117 |
| State | Bihar |
Merger Update
The regional Gramin banks in Bihar underwent consolidation. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been integrated under Punjab National Bank sponsorship. As a result, all operations for these former banks now use a single IFSC code format under Punjab National Bank. For the Ratwara branch, the valid IFSC is PUNB0MBGB06. Old UBGB IFSC codes have been revoked. Do not use any deprecated UBGB IFSC for transactions; only the new IFSC PUNB0MBGB06 is valid for NEFT, RTGS and IMPS transfers to this branch.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric identifier used to route electronic payments to a specific bank branch. The structure is fixed:
- First 4 characters: Bank identifier (example: PUNB = Punjab National Bank).
- 5th character: Always the digit 0 (reserved).
- Last 6 characters: Branch identifier (alphanumeric). Example breakdown for this branch: PUNB | 0 | MBGB06.
How to Use IFSC Code for NEFT, RTGS, IMPS
- Open your bank’s netbanking portal or mobile app. Go to “Funds Transfer” or “Add Beneficiary.”
- Enter beneficiary name, exact account number, and the IFSC: PUNB0MBGB06. Double-check spelling and digits.
- Select transfer method:
- IMPS — instant and available 24×7 for small to medium amounts.
- NEFT — used for regular transfers; now available round-the-clock in hourly batches.
- RTGS — for high-value payments; banks may set specific value thresholds.
- Enter amount and purpose. Verify beneficiary name shown by your bank matches expected name. Confirm and authenticate (OTP/transaction password).
- Save beneficiary only after verification. For first-time addition, many banks have a cooling period before transfer is enabled.
- Keep the transaction reference or UTR for tracking. If a transfer fails, provide IFSC, account number, branch name and UTR to the bank for tracing.
Benefits of Knowing the IFSC
- Ensures accurate routing of electronic transfers to the intended branch and account.
- Reduces delays and failed transactions caused by incorrect branch details.
- Required information when adding a beneficiary for NEFT, RTGS or IMPS.
- Makes reconciliation easier — you can match transfers using branch codes and UTRs.
- Helps customer support locate transactions quickly when you provide IFSC and UTR.
Contact
Branch phone: 9297955400
Branch address: Ratwara, MUZAFFARPUR, 843117
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free number: 18001807777
FAQs
Q: What is the IFSC code for Bihar Gramin Bank Ratwara?
A: The IFSC code is PUNB0MBGB06. Use this for NEFT, RTGS and IMPS transfers to the Ratwara branch.
Q: Can I use an old UBGB IFSC to send money to this branch?
A: No. Old UBGB IFSC codes have been revoked after the merger. Use only PUNB0MBGB06. Transactions using deprecated IFSCs will fail or be returned.
Q: Which parts of the IFSC identify the bank and branch?
A: In an 11-character IFSC, the first 4 characters identify the bank (e.g., PUNB), the 5th is 0, and the last 6 specify the branch (e.g., MBGB06).
Q: My bank app did not validate the beneficiary name when I entered IFSC. Is that safe to proceed?
A: Always confirm the beneficiary name shown by your bank. If the name displayed does not match or is blank, stop and verify the account number and IFSC with the beneficiary. Proceeding with mismatched details risks sending funds to the wrong account.
Q: How long do NEFT, RTGS and IMPS transfers take to this branch?
A: IMPS is instant and available 24×7. NEFT is processed in hourly/continuous batches and is available round-the-clock. RTGS is intended for higher-value transfers and is also available 24×7. Actual credit timing can depend on the remitting bank and any inter-bank clearing delays.
Q: What should I do if a transfer to this IFSC shows pending or failed?
A: Note the transaction UTR or reference. Contact your bank with UTR, beneficiary account number, IFSC (PUNB0MBGB06) and transfer time. The bank can trace the payment and advise next steps. Keep receipts and screenshots for faster resolution.
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.