Simari is a village in the Madhubani district of Bihar (PIN 847222). This article covers the Bihar Gramin Bank, Simari branch and provides the IFSC and other details you need for electronic fund transfers. The IFSC is essential for NEFT, RTGS and IMPS transfers because it uniquely identifies the bank and branch. Using the correct IFSC ensures funds reach the intended account quickly and reduces delays or failed transactions.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Simari |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100344 |
| Branch Address | Simari, MADHUBANI, 847222, 9297954889 |
| Contact Number | 9297954889 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | MADHUBANI |
| Pincode | 847222 |
| State | Bihar |
Merger Update
Important: The Punjab National Bank (PNB) sponsor arrangement consolidated regional banks in Bihar. Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged into the single operating arrangement that now uses the IFSC PUNB0MBGB06. Old UBGB/DBGB IFSC codes have been revoked. For electronic transfers, only the new IFSC is valid. If you have older saved beneficiary records using UBGB/DBGB IFSCs, update them to PUNB0MBGB06 before initiating transfers.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to route electronic funds to a specific bank branch in India. The structure is standard:
- First 4 characters — bank identifier (for example, PUNB = Punjab National Bank).
- 5th character — always zero (0), reserved for future use.
- Last 6 characters — branch identifier (alphanumeric). In this case the last six of PUNB0MBGB06 are MBGB06, the Simari branch code within the sponsor arrangement.
How to Use IFSC Code
Follow these steps when making NEFT, RTGS or IMPS payments from internet banking or a mobile app:
- Open your bank’s payment/transfer section and choose NEFT, RTGS or IMPS depending on amount and urgency.
- Enter beneficiary name and account number exactly as held at the receiving bank.
- Enter the IFSC: PUNB0MBGB06. Verify the bank and branch name displayed by the app.
- Enter amount and purpose. For RTGS choose it only if the amount meets RTGS minimums (bank rule, commonly ₹2,00,000 or as per RBI updates).
- Confirm details, authenticate (OTP or transaction PIN) and submit.
- Save beneficiary only after verifying a small test transfer if sending a large amount.
Benefits of Knowing the IFSC
- Ensures accurate electronic routing for NEFT, RTGS, IMPS—reduces failed or delayed transfers.
- Required for adding beneficiaries in netbanking and mobile apps.
- Helps verify branch identity when reconciling payments or receiving funds.
- Quickly distinguishes branches with similar names in the same city or district.
- Necessary for automated payment setups like vendor payments, salaries or direct credits.
Contact
Branch phone: 9297954889
Branch Address: Simari, MADHUBANI, 847222
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll free: 18001807777
FAQs
Q: How do I verify the IFSC before making a transfer?
A: Check the IFSC on a cheque book leaf or passbook, call the branch at 9297954889, or confirm in your bank’s beneficiary-add screen where the app shows the branch name after entering the IFSC. Do not rely on third-party lists without cross-checking.
Q: What is the difference between IFSC and MICR?
A: IFSC identifies a bank branch for electronic transfers (NEFT/RTGS/IMPS). MICR (Magnetic Ink Character Recognition) is a 9-digit code used by clearing houses to speed up cheque processing. For electronic transfers use IFSC; for cheque clearing you may use MICR.
Q: What happens if I enter a wrong IFSC?
A: If the IFSC points to a valid branch but the account number is wrong, funds may reach an unintended account and recovery will require the recipient bank’s cooperation. If the IFSC does not match any branch, the transfer will usually fail and funds will be returned. Contact your bank immediately if you suspect an error.
Q: Can IFSC change for this branch?
A: Yes. IFSC can change after mergers, rebranding or sponsor changes. This branch currently uses PUNB0MBGB06. If the bank issues a change, they will communicate it; also verify before large transfers.
Q: How fast are NEFT, RTGS and IMPS transfers?
A: IMPS is real-time and available 24×7 for immediate transfers (subject to bank limits). RTGS is for high-value immediate transfers; banks typically treat RTGS as near-instant but check your bank’s cutoff rules (minimum amounts commonly apply). NEFT is available 24×7 with near-immediate settlement in most cases; occasionally delays occur due to verification or technical issues.
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.