Bihar Gramin Bank Sarmastpur IFSC Code

Bihar Gramin Bank, Sarmastpur branch is located in Sarmastpur, Muzaffarpur district, Bihar, PIN 843107. This IFSC code is needed when you send or receive electronic fund transfers such as NEFT, RTGS and IMPS. The IFSC identifies the bank and branch in the payment network so funds route correctly and reach the intended account.

Branch Details

Merger Update

The rural banks that operated as Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been consolidated under Punjab National Bank for core banking operations. As a result, the single valid IFSC for these merged operations is PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked. Use only the new IFSC PUNB0MBGB06 for NEFT, RTGS and IMPS transactions to or from this branch.

What is IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to uniquely identify bank branches in electronic payment systems.

• First 4 characters = bank code. Example: PUNB = Punjab National Bank.
• 5th character = reserved and is always 0 (zero).
• Last 6 characters = branch identifier. Example: in PUNB0MBGB06 the last six are MBGB06.

Note: The IFSC’s branch identifier is not always the same as the numeric branch code printed elsewhere (for example this branch code is 100176). Both identify the branch, but IFSC is mandatory for electronic transfers.

How to Use IFSC Code

• Open your bank’s netbanking or mobile app and choose fund transfer (NEFT/RTGS/IMPS).
• Choose transfer type: NEFT for normal transfers, RTGS for high-value (bank-dependent limits), IMPS for instant transfers 24×7.
• Enter beneficiary details: name, account number, and IFSC — PUNB0MBGB06.
• Verify the beneficiary name and account number displayed by the system after entering IFSC. Banks typically show the branch name returned by IFSC lookup; confirm it matches Sarmastpur, Muzaffarpur.
• Enter amount and payment reason. For first-time beneficiaries, save and confirm through OTP or other authentication.
• Submit the transfer and note the transaction reference for tracking.
• If the IFSC is wrong, the payment may fail or go to the wrong branch. Always double-check before submitting.

Benefits of Knowing the IFSC

• Ensures accurate routing of electronic funds (NEFT, RTGS, IMPS).
• Speeds up beneficiary setup in netbanking and mobile apps.
• Reduces failed transactions and associated delays.
• Helps verify branch identity when collecting bank details from payees.
• Useful for automated payments, payrolls and vendor settlements.

Contact

Branch Phone: 9297955413
Branch Address: Sarmastpur, MUZAFFARPUR, 843107
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777

FAQs

• Q: How do I confirm PUNB0MBGB06 is correct for Sarmastpur branch?
  A: Enter the IFSC in your bank’s beneficiary-add screen. The app will typically display the bank and branch name returned by the IFSC lookup. It should show Punjab National Bank — Sarmastpur / Muzaffarpur. You can also call the branch at 9297955413 to confirm.
• Q: Can I use the old UBGB or DBGB IFSC for transfers?
  A: No. Old UBGB and DBGB IFSC codes have been revoked after consolidation. Use only the new IFSC PUNB0MBGB06. Transactions with revoked IFSCs will fail.
• Q: What is the difference between IFSC and MICR?
  A: IFSC is an 11-character code used for electronic transfers. MICR (Magnetic Ink Character Recognition) is a 9-digit number used mainly for cheque clearing. For online transfers you need IFSC; for cheque processing the MICR matters.
• Q: What if I enter the wrong IFSC but correct account number?
  A: If the IFSC points to a different branch, the receiving bank checks the account number against that branch. Mismatch may cause the transfer to fail or be returned. Always verify IFSC and account number before confirming transfer.
• Q: How long do NEFT, RTGS and IMPS transfers take?
  A: IMPS is instant and available 24×7. NEFT and RTGS timings depend on the bank’s processing cycle; many banks now offer NEFT/RTGS round-the-clock. For urgent or large-value transfers use RTGS or confirm timings with your bank.

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.