The Bihar Gramin Bank branch at Shankar Saraiya sits in East Champaran district of Bihar (Pincode 845437). This article lists the branch details and explains the IFSC code you must use for NEFT, RTGS and IMPS transfers. Using the correct IFSC avoids failed or delayed transfers and routes funds to the exact bank branch for faster settlement.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | Shankar Saraiya |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100319 |
| Branch Address | Shankar Saraiya, EAST CHAMPARAN, 845437, 9297954719 |
| Contact Number | 9297954719 |
| City | EAST CHAMPARAN |
| District | EAST CHAMPARAN |
| Reason | MOTIHARI |
| Pincode | 845437 |
| State | Bihar |
Merger Update
The Shankar Saraiya branch now uses the single IFSC code PUNB0MBGB06 under Punjab National Bank (PNB). Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into PNB’s structure. Old UBGB/DBGB IFSC codes have been revoked. Only the new IFSC PUNB0MBGB06 is valid for NEFT, RTGS and IMPS transactions to this branch.
What is IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character code used to identify bank branches in electronic payment systems. The format is fixed:
- First 4 characters – alphabetic code for the bank. Example: PUNB = Punjab National Bank.
- 5th character – the digit zero (0), reserved for future use.
- Last 6 characters – branch identifier (alphanumeric). Example: MBGB06 in PUNB0MBGB06 identifies this specific branch mapping under PNB’s consolidated codes.
How to Use IFSC Code
- Open your bank’s online/mobile banking or visit a branch for a fund transfer form.
- Choose transfer type: NEFT, RTGS or IMPS. (Use RTGS for large-value immediate transfers; bank rules set minimums.)
- Enter beneficiary name, account number and the IFSC: PUNB0MBGB06.
- Verify the beneficiary details shown by the system before confirming. Mismatched IFSC or account number causes failures or reversals.
- Confirm and note the transaction reference. For NEFT, check settlement batch times; IMPS is usually instant, RTGS is real-time for allowed hours.
- If you have an old UBGB/DBGB IFSC, do not use it. Use PUNB0MBGB06 for successful routing to this branch.
Benefits of Knowing the IFSC
- Ensures funds reach the exact branch and account without manual correction.
- Speeds up transfers: IMPS and RTGS use IFSC for instant or near-instant routing.
- Reduces failed transactions and associated reversal delays and charges.
- Makes inward remittances and salary credits accurate and traceable.
- Needed for setting up beneficiary accounts in mobile and internet banking.
Contact
Branch phone: 9297954719
Branch address: Shankar Saraiya, EAST CHAMPARAN, 845437
Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free no: 18001807777
FAQs
Q: Is PUNB0MBGB06 specific to Shankar Saraiya or to multiple former Gramin Bank branches?
A: PUNB0MBGB06 is the consolidated IFSC assigned under Punjab National Bank for the merged rural-bank operations. It directs payments to the mapped Shankar Saraiya branch. Always confirm account number and beneficiary name with the branch before transfer.
Q: Can I use the old UBGB/DBGB IFSC for pending transfers?
A: No. Old UBGB and DBGB IFSC codes have been revoked after the merger. Use only PUNB0MBGB06 for new transfers and for any pending instructions contact the branch for guidance.
Q: What is the difference between NEFT, RTGS and IMPS for this branch?
A: IMPS is immediate and available 24×7 for small to moderate amounts. NEFT settles in hourly or half-hourly batches (bank-specific windows). RTGS is for high-value transfers and processes in real time during designated banking hours. Check with the branch for applicable limits and cut-off times.
Q: Where else can I find the correct IFSC if I doubt this one?
A: Check the bank’s cheque book, the passbook entry for that account, or contact the branch directly at 9297954719. The head office toll-free 18001807777 can also verify IFSC assignments for merged branches.
Q: What should I do if a transfer using PUNB0MBGB06 fails or is returned?
A: Keep the transaction reference. Contact your remitting bank and the beneficiary branch (9297954719). Provide reference numbers and timestamps. Most failures are due to mismatched account numbers or incorrect IFSC; the banks will initiate a reversal or guide next steps.
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.