The Bihar Gramin Bank branch at Sugauna is located in Sugauna village, Madhubani district, Bihar (PIN 847235). If you need to send or receive money to this account, the bank’s IFSC code is required for electronic transfers. The IFSC ensures your NEFT, RTGS or IMPS payment routes to the correct bank and branch. Entering the right IFSC prevents delays and failed transfers.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Sugauna |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 108065 |
| Branch Address | Sugauna, MADHUBANI, 847235, 9297954893 |
| Contact Number | 9297954893 |
| City | MADHUBANI |
| District | MADHUBANI |
| Reason | MADHUBANI |
| Pincode | 847235 |
| State | Bihar |
Merger Update
If this branch was formerly under Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB): both UBGB and DBGB have been consolidated and now operate under Punjab National Bank. The single valid IFSC for the merged operations is PUNB0MBGB06. Old UBGB or DBGB IFSC codes have been revoked. For any NEFT, RTGS or IMPS transactions use only the new IFSC PUNB0MBGB06.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in electronic fund transfers. Its structure is:
- First 4 characters: Bank identifier. Example: PUNB = Punjab National Bank.
- 5th character: Reserved and always 0.
- Last 6 characters: Branch identifier. Example: MBGB06 in PUNB0MBGB06.
How to Use IFSC Code
Follow these steps when sending money via NEFT, RTGS or IMPS:
- Open your bank’s online banking app or internet banking portal.
- Choose the fund transfer option and select NEFT, RTGS or IMPS depending on urgency and amount.
- Add a beneficiary. Enter beneficiary name, account number and the IFSC PUNB0MBGB06. You can also add branch name (Sugauna, Madhubani) for clarity.
- Save and verify the beneficiary (banks often use OTP or waiting period for new beneficiaries).
- Initiate the transfer. Select the beneficiary, enter the amount and complete authentication (OTP, token, or netbanking password).
- Note timing and limits: NEFT has no strict minimum; RTGS is for high-value transfers (commonly ₹2,00,000 and above); IMPS is instant and limited by your bank’s cap (varies by bank).
Benefits of Knowing the IFSC
- Ensures funds reach the exact branch and account without manual routing.
- Reduces failed transactions and return charges.
- Makes beneficiary setup faster and more accurate in apps and bank portals.
- Needed for salary credits, vendor payments, government transfers and refunds.
- Useful for reconciling bank statements and verifying branch identity (MICR and branch code help here).
Contact
Branch Phone: 9297954893
Branch Address: Sugauna, MADHUBANI, 847235
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll-free: 18001807777
FAQs
Q: Can I use the old UBGB IFSC code for transfers?
A: No. Old UBGB IFSC codes have been revoked. Use only the new IFSC PUNB0MBGB06 for transfers to this branch.
Q: What happens if I enter a wrong IFSC?
A: If the IFSC does not match the bank-account mapping, the transfer may be rejected or routed to a wrong branch. Rejected transfers return to the sender’s account but may take time. Always verify account number and IFSC before sending.
Q: Which service should I use—NEFT, RTGS or IMPS?
A: Use NEFT for regular transfers with no strict minimum. Use RTGS for large-value, time-sensitive payments (RTGS typically for ₹2,00,000 and above). Use IMPS for immediate, smaller-value transfers 24×7 up to your bank’s limit.
Q: How do I confirm that PUNB0MBGB06 is correct?
A: Confirm by checking the branch details with the bank (phone 9297954893), your account passbook, or by asking the recipient. The IFSC format also shows PUNB which is Punjab National Bank and the branch code MBGB06.
Q: Are there charges for NEFT/RTGS/IMPS?
A: Charges vary by bank and channel (branch vs. netbanking vs. mobile app). Many banks waive online transfer fees for retail customers. Check your bank’s fee schedule or ask the branch at 9297954893.
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.