SOLARA is a locality in Gaya district, Bihar (PIN 823001). The Bihar Gramin Bank branch at SOLARA serves local residents and businesses for deposits, withdrawals and electronic transfers. For any NEFT, RTGS or IMPS transfer you must use the correct IFSC code. The IFSC identifies the exact bank branch in the national electronic payment system and ensures funds are routed to the intended account.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | SOLARA |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7264 |
| Branch Address | SOLARA, Gaya, 823001, 9771464264 |
| Contact Number | 9771464264 |
| City | Gaya |
| District | Gaya |
| Reason | GAYA |
| Pincode | 823001 |
| State | Bihar |
Merger Update
Bihar Gramin Bank branches, including those that formerly belonged to Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB), now operate under a single IFSC code issued through Punjab National Bank. The active IFSC for this SOLARA branch is PUNB0MBGB06. Old UBGB and DBGB IFSC codes have been revoked. For electronic payments, use only the new IFSC code above; transactions attempted with revoked IFSCs will fail or be delayed.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to route electronic payments in India. The structure is:
- First 4 characters — bank identifier (example: PUNB = Punjab National Bank).
- 5th character — always 0 (reserved for future use).
- Last 6 characters — branch identifier (example: MBGB06 in PUNB0MBGB06).
So, for PUNB0MBGB06: PUNB = Punjab National Bank, 0 = reserved, MBGB06 = SOLARA branch identifier within the bank’s system.
How to Use IFSC Code
- Online banking / mobile app: When adding a beneficiary, choose bank name, enter account number, and paste the IFSC PUNB0MBGB06. Verify beneficiary details and confirm via OTP.
- At the branch: Fill fund transfer form with beneficiary account number and IFSC. Bank staff will use the IFSC to route the payment.
- NEFT: Enter IFSC and beneficiary details. NEFT has no minimum limit and is available 24×7. Amounts are settled through the central NEFT system.
- RTGS: Use IFSC for high-value transfers. RTGS is typically used for transfers of ₹2,00,000 and above and is available 24×7. Check bank-specific cutoffs and charges.
- IMPS: For immediate transfers (24×7) use IFSC and account number, or use mobile number / MMID if enabled. IMPS limits are set by the bank and vary by account type.
- Double-check: Always confirm the IFSC and account number with the beneficiary before transfer. A wrong IFSC can route funds to a different branch or cause failure.
Benefits of Knowing the IFSC
- Correct routing: Ensures funds reach the exact branch and account.
- Faster settlements: Electronic systems use IFSC to automate routing, reducing delays.
- Required for all digital transfers: NEFT, RTGS and IMPS need IFSC and account number (or other agreed identifiers).
- Reduces errors: Using the correct IFSC lowers chances of misrouted payments and reversals.
- Useful for verification: When reconciling payments, IFSC+MICR help validate branch-level entries.
Contact
Branch Phone: 9771464264
Branch Address: SOLARA, Gaya, 823001, Bihar
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA – 800030, BIHAR
Toll-free: 18001807777
FAQs
Q: Is PUNB0MBGB06 the only valid IFSC for SOLARA branch?
A: Yes. After the merger and rebranding under Punjab National Bank, PUNB0MBGB06 is the valid IFSC. Any old UBGB/DBGB IFSC codes are revoked.
Q: What happens if I enter the wrong IFSC?
A: If the IFSC belongs to another valid branch and the account number matches an existing account, funds may be credited to the wrong account. If IFSC and account number combination do not match, the transaction will fail and the amount will be returned to the sender, which can take time. Contact your bank immediately to initiate recovery steps.
Q: How is MICR different from IFSC?
A: MICR (Magnetic Ink Character Recognition) code — here 800811002 — is used mainly for cheque clearing. IFSC is used for electronic fund transfers. Both identify branch information but serve different systems.
Q: Can I use the branch code 7264 instead of IFSC?
A: No. The branch code (7264) is an internal identifier. For NEFT/RTGS/IMPS you must use the full 11-character IFSC PUNB0MBGB06.
Q: Where can I verify this IFSC before sending money?
A: Verify with the branch (phone 9771464264), official bank communications, your passbook or cheque book (if IFSC printed), or by asking at the head office. Do not rely solely on unverified third-party listings.
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.