TEUSA branch is located in Gaya district of Bihar (Pincode 823311). This branch serves local residents and businesses for deposits, withdrawals, and fund transfers. For electronic transfers via NEFT, RTGS or IMPS, the IFSC code is essential. The IFSC uniquely identifies the bank and branch in the payment network, routing funds correctly and avoiding delays or failed transactions.
Branch Details Table
| Bank Name | Bihar Gramin Bank |
| Branch Name | TEUSA |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 7267 |
| Branch Address | TEUSA, Gaya, 823311, 9771464267 |
| Contact Number | 9771464267 |
| City | Gaya |
| District | Gaya |
| Reason | GAYA |
| Pincode | 823311 |
| State | Bihar |
Merger Update
Important: The IFSC code for this branch is PUNB0MBGB06 under Punjab National Bank. If this branch previously belonged to Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), note that both banks have been reorganized and now operate under the single IFSC code PUNB0MBGB06 (Punjab National Bank). Old UBGB/DBGB IFSC codes have been revoked and are no longer valid for transactions. Always use the new IFSC PUNB0MBGB06 when making NEFT, RTGS or IMPS transfers to this branch.
What is IFSC Code?
The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches on the electronic funds transfer system. Its structure is fixed:
- First 4 characters – Bank code (letters). Example: PUNB = Punjab National Bank.
- 5th character – Always 0 (reserved for future use).
- Last 6 characters – Branch code (letters and/or digits). Example: MBGB06 in PUNB0MBGB06.
So PUNB0MBGB06 breaks down as PUNB | 0 | MBGB06, uniquely identifying the TEUSA branch under the sponsoring bank code.
How to Use IFSC Code
Follow these steps to transfer funds using NEFT, RTGS or IMPS:
- Open your bank app or netbanking and choose the option to add a new beneficiary.
- Enter beneficiary name and account number exactly as held with the bank.
- Enter the IFSC code PUNB0MBGB06 and verify the branch name shown by the app.
- Select the payment method:
- NEFT – no minimum; suitable for regular transfers. Available 24×7.
- RTGS – for high-value transfers (typical minimum ₹2,00,000). Now available 24×7 for many banks.
- IMPS – instant interbank transfer, useful for lower-value immediate payments; available 24×7.
- Enter amount and purpose. Confirm details and authenticate (OTP, mToken, or transaction PIN) as required.
- Keep the transaction reference or UTR for reconciliation and proof of transfer.
Note: Banks may enforce transaction limits per customer and per day for IMPS/RTGS. Confirm with your bank if you plan large transfers.
Benefits of Knowing the IFSC
- Ensures accurate routing of electronic payments to the correct branch.
- Prevents delays, failed transfers, and need for manual recovery.
- Required for filling NEFT/RTGS/IMPS forms and many online payment pages.
- Makes beneficiary setup faster in netbanking and mobile apps.
- Helps in reconciliation by matching UTRs with branch details and MICR codes.
Contact
Branch Phone: 9771464267
Branch Address: TEUSA, Gaya, 823311
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777
FAQs
Q: Can I use the old UBGB or DBGB IFSC for transfers to this branch?
A: No. Old UBGB/DBGB IFSC codes have been revoked. Use the new IFSC PUNB0MBGB06 for all NEFT, RTGS and IMPS transactions.
Q: What happens if I enter the wrong IFSC but the correct account number?
A: If the IFSC points to a different branch but the account number does not exist there, the transfer will normally fail and funds will be returned. If the incorrect IFSC points to a branch where the same account number exists, funds could be credited to the wrong account. Always double-check both account number and IFSC.
Q: How can I verify the IFSC before making a transfer?
A: Verify the IFSC on the passbook, cheque book, bank statement, or by calling the branch (9771464267). Confirm that the IFSC displayed by your bank’s beneficiary-add screen matches PUNB0MBGB06.
Q: Is IFSC required for IMPS?
A: Yes. For IMPS you need the beneficiary account number and IFSC. Some IMPS options use MMID or UPI instead, but for bank-to-bank transfers IFSC remains the standard identifier.
Q: What is the difference between IFSC and MICR?
A: IFSC routes electronic payments. MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque clearing. For NEFT/RTGS/IMPS you must use IFSC; MICR is used for cheque processing and clearing.
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.