The Bihar Gramin Bank branch at Sakari Bazar is located in Siwan district of Bihar (PIN 841238). This branch serves local businesses and residents for deposits, withdrawals and digital fund transfers. For electronic transfers—NEFT, RTGS and IMPS—the correct IFSC is essential. The IFSC identifies the bank and the exact branch in the RBI/clearing network so funds reach the intended account quickly and without error.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Sakari Bazar |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100644 |
| Branch Address | Sakari Bazar, SIWAN, 841238, 9297954481 |
| Contact Number | 9297954481 |
| City | SIWAN |
| District | SIWAN |
| Reason | SIWAN |
| Pincode | 841238 |
| State | Bihar |
Merger Update
Important: The institutional structure that served rural Bihar has been consolidated. The former Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single entity and now operate under the sponsorship of Punjab National Bank. For this branch the valid IFSC is PUNB0MBGB06. Old IFSC codes previously used by UBGB or DBGB have been revoked. Use only the new IFSC for fund transfers—any attempt to use an old code can cause transaction failure or rejection.
What is an IFSC Code?
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code that uniquely identifies a bank branch for electronic payments. The structure is fixed:
- First 4 characters: Bank identifier (e.g., PUNB = Punjab National Bank).
- 5th character: Always 0 (reserved for future use).
- Last 6 characters: Branch identifier (alphanumeric) — identifies the specific branch, e.g., MBGB06 in PUNB0MBGB06.
How to Use the IFSC Code (NEFT, RTGS, IMPS)
- Open your bank’s netbanking or mobile banking app, or visit the branch if you prefer.
- Choose the transfer type: NEFT, RTGS (higher value), or IMPS (instant).
- Add a new beneficiary: enter beneficiary name exactly as on their account, beneficiary account number, and the IFSC PUNB0MBGB06 for Bihar Gramin Bank, Sakari Bazar.
- Verify beneficiary details before confirming. Small mismatches in name sometimes are allowed, but account number and IFSC must be correct.
- Enter amount, purpose and any remarks required. For RTGS check minimum amount rules in your bank; NEFT/IMPS typically have no lower limit.
- Authenticate the transaction (OTP, token, or netbanking credentials). Note the transaction reference/UTR number after the transfer completes.
- Track the transfer status in your bank’s transaction history. If the transfer does not reflect in expected time, contact your bank with the UTR/reference number.
Benefits of Knowing the IFSC
- Ensures funds route to the exact branch and account without manual intervention.
- Reduces transaction failures and delays caused by ambiguous branch names.
- Required for quick electronic transfers (NEFT, RTGS, IMPS) and many payment forms.
- Enables faster reconciliation for businesses and easier proof tracking for individuals (UTR mapping).
- Helps customer service resolve issues faster when you provide the IFSC and UTR.
Contact
Branch Phone: 9297954481
Branch Address: Sakari Bazar, SIWAN, 841238
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only valid IFSC for this branch?
A: Yes. PUNB0MBGB06 is the valid IFSC for Bihar Gramin Bank, Sakari Bazar. Any old IFSCs from UBGB or DBGB have been revoked after the merger and should not be used.
Q: What happens if I enter a wrong IFSC?
A: If the IFSC is incorrect, the payment may be rejected or delayed. In some systems if the account number and IFSC both mismatch routing fails. Contact your bank immediately with the transaction reference (UTR) to trace or reverse the payment.
Q: How can I verify the IFSC before sending money?
A: Verify the IFSC from the beneficiary’s bank passbook, cheque leaf, bank statement, or by calling the branch phone (9297954481). Also check the head office details if needed. Do not rely on hearsay or unverified third-party posts.
Q: Which transfer method should I use—NEFT, RTGS or IMPS?
A: Use IMPS for instant small-value transfers (available 24×7). Use NEFT for routine transfers (settlement policies vary but most banks offer round-the-clock NEFT). Use RTGS for high-value immediate transfers where your bank requires RTGS limits. Check with your bank for applicable charges and limits.
Q: What is the difference between MICR code and IFSC?
A: IFSC is used for electronic fund transfers and uniquely identifies the bank branch online. MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque clearing in physical banking systems. For electronic transfers you need IFSC; MICR is not used for NEFT/RTGS/IMPS.
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.