Bihar Gramin Bank Satghra (Rajnagar) IFSC Code

The Bihar Gramin Bank branch at Satghra (Rajnagar) is located in the Madhubani district of Bihar (pincode 847235). This branch serves local residents and businesses for deposits, withdrawals, and fund transfers. For electronic transfers such as NEFT, RTGS and IMPS, the branch’s IFSC code is essential. The IFSC routes your payment to the exact bank and branch. A correct IFSC speeds up transfers and prevents failed or misrouted transactions.

Branch Details Table

Bank Name	Bihar Gramin Bank
Branch Name	Satghra (Rajnagar)
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	100876
Branch Address	Satghra (Rajnagar), MADHUBANI, 847235, 9297954887
Contact Number	9297954887
City	MADHUBANI
District	MADHUBANI
Reason	MADHUBANI
Pincode	847235
State	Bihar

Merger Update

This branch now uses the IFSC code PUNB0MBGB06 under Punjab National Bank (PNB). Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into a single entity under PNB’s IFSC series. Old UBGB IFSC codes have been revoked and are no longer valid for NEFT, RTGS or IMPS. Always use the new IFSC PUNB0MBGB06 when initiating electronic transfers to this branch.

What is IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to identify bank branches in electronic payments. The structure is fixed:

• First 4 characters: Alphabetic bank identifier. Example: PUNB = Punjab National Bank.
• 5th character: Always the digit 0 (reserved).
• Last 6 characters: Branch identifier. Example: MBGB06 identifies the specific branch sequence.

Example breakdown for this branch: PUNB0MBGB06 = PUNB | 0 | MBGB06. IFSC is case-insensitive but typically shown in uppercase.

How to Use IFSC Code

Use the IFSC when you set up a beneficiary in internet banking, a mobile app, or when filling a paper fund transfer form. Steps:

• Choose the transfer type: NEFT, RTGS or IMPS. RTGS is for large-value real-time gross settlement. IMPS is instant 24×7. NEFT is now near-real-time but historically batch-based.
• Enter beneficiary name exactly as on the account.
• Enter the beneficiary account number carefully. Double-check digits.
• Enter the bank name and branch if requested, and the IFSC code: PUNB0MBGB06 for Satghra (Rajnagar).
• Enter the amount and purpose or remarks if required.
• Verify details, then authenticate the transaction (OTP, token or PIN as required).
• Save the beneficiary if you will pay again. For large transfers use RTGS; for instant small transfers use IMPS; NEFT is suitable for regular transfers with flexible timing.

Tip: If your bank validates IFSC automatically, you will often see the branch name populated after entering IFSC. Still confirm account number and name before sending.

Benefits of Knowing the IFSC

• Accurate routing: Sends funds to the correct branch and account.
• Faster processing: Reduces delays and failed transactions.
• Required for all electronic transfers: NEFT, RTGS, IMPS.
• Useful for standing instructions and automated payments.
• Helps banks reconcile transactions using branch-level identifiers.

Contact

Branch phone no: 9297954887

Branch Address: Satghra (Rajnagar), MADHUBANI, 847235

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

Toll free no: 18001807777

FAQs

• Q: Can I use the old UBGB IFSC for transfers?

  A: No. Old UBGB IFSC codes have been revoked after the merger. Use the current IFSC PUNB0MBGB06 for transactions to this branch.

• Q: What happens if I enter a wrong IFSC but correct account number?

  A: Banks route transactions primarily via IFSC and account number together. A wrong IFSC can delay processing or cause rejection. If the account number belongs to a different branch, the transfer may fail or require manual resolution.

• Q: Is IFSC the same as MICR or SWIFT?

  A: No. IFSC is for domestic electronic transfers in India. MICR (Magnetic Ink Character Recognition) code (here 800811002) is for cheque processing. SWIFT/BIC codes are used for international wire transfers and are different from IFSC.

• Q: Can I use IMPS with this IFSC?

  A: Yes. Enter IFSC PUNB0MBGB06 along with account number and beneficiary name to make IMPS transfers. IMPS is available 24×7 for instant payments, subject to your bank’s limits.

• Q: How can I verify this IFSC before sending a large amount?

  A: Verify by calling the branch at 9297954887 or by checking a printed bank passbook or cheque leaf for the branch. Confirm the branch name and IFSC match exactly. When in doubt, ask the recipient to confirm from their bank branch.