Bihar Gramin Bank Sarfara Market IFSC Code

Sarfara Market branch of Bihar Gramin Bank is located in Gopalganj, Bihar (PIN 841405). This branch serves retail and rural customers in and around Gopalganj district. For electronic fund transfers—NEFT, RTGS and IMPS—the IFSC code identifies the exact bank and branch. Using the correct IFSC ensures money is routed to the right account quickly and without reversal delays.

Branch Details

Merger Update

Note: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single entity and operate under the sponsor bank Punjab National Bank for electronic clearing purposes. The consolidated IFSC for affected branches is PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked. For fund transfers, use only the new IFSC PUNB0MBGB06. Transactions sent to deprecated IFSCs will fail or be returned.

What is IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character code used to route electronic payments between banks in India. The structure is:

• First 4 characters: alphabetic code of the bank. Example: PUNB = Punjab National Bank.
• 5th character: always zero (0), reserved for future use.
• Last 6 characters: branch identifier. Can be letters, numbers, or both. Example: MBGB06 identifies the specific branch in the full code PUNB0MBGB06.

How to Use IFSC Code for NEFT, RTGS and IMPS

• Collect beneficiary details: name, account number, bank name, branch name and IFSC. Double-check the IFSC PUNB0MBGB06 for Sarfara Market branch.
• Log in to your bank’s netbanking or mobile app. Choose the transfer type: NEFT, RTGS or IMPS.
• Select “Add Beneficiary” or “New Payee.” Enter beneficiary name and account number exactly as given. Enter the IFSC in the IFSC field. Some apps auto-validate the IFSC against the branch name.
• Confirm beneficiary. Banks may require an OTP or cooling period before you can send money to a newly added beneficiary. Complete any verification steps.
• Initiate transfer: enter amount and purpose. NEFT has no minimum amount. RTGS is for high-value transfers (check your bank; commonly used for transfers ₹2,00,000 and above). IMPS is instant and available 24×7 for lower amounts (bank limits apply).
• Review details. A wrong IFSC can send funds to the wrong branch or cause rejection. Check beneficiary account number and IFSC again before authorizing.
• Save transaction reference. Use it to track or to query failed transfers with the bank.

Benefits of Knowing the IFSC

• Accurate routing: it ensures the payment reaches the exact branch and account.
• Fewer delays: correct IFSC reduces failures and reversal processing time.
• Required for electronic transfers: NEFT, RTGS and many IMPS forms need IFSC.
• Useful for inward transfers: tell customers or employers the exact IFSC for salary or refunds.
• Validates branch identity: IFSC along with MICR, branch code and address confirms branch details when reconciling receipts.

Contact

Branch Phone Number: 9297954524

Branch Address: Sarfara Market, GOPALGANJ, 841405

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

Toll Free Number: 18001807777

FAQs

• Q: Is PUNB0MBGB06 the correct code to use for Sarfara Market, Gopalganj?

  A: Yes. Use PUNB0MBGB06 for electronic transfers to the Sarfara Market branch.

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

  A: If the IFSC is incorrect, the transfer may go to a different branch or be rejected. In many cases the bank will return the funds. Contact your bank immediately with the transaction reference to start a recovery process.

• Q: Are NEFT, RTGS and IMPS available round-the-clock?

  A: IMPS is available 24×7. NEFT and RTGS are increasingly available 24×7 through most banks. Check your bank’s app or customer service for exact availability and cut-offs.

• Q: How is IFSC different from MICR?

  A: IFSC routes electronic payments and has 11 characters. MICR is a 9-digit number used for processing physical cheques by the clearing system. MICR is not used for NEFT/RTGS/IMPS.

• Q: My employer asked for IFSC and MICR. Which do I give for salary credits?

  A: For electronic salary transfers, provide the IFSC (PUNB0MBGB06) and your bank account number. MICR is optional and mainly used for cheque clearing.

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.