The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Chhattisgarh Rajya Gramin Bank for its Hathband branch in Baloda Bazar, Hathband, Chhattisgarh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Chhattisgarh Rajya Gramin Bank located in Baloda Bazar or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code CRGB0000118. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Chhattisgarh Rajya Gramin Bank, Hathband, Baloda Bazar

Here are the main details that are associated with the IFSC Code CRGB0000118 of Chhattisgarh Rajya Gramin Bank for its branch located in Baloda Bazar, within the district of Hathband in the state of Chhattisgarh.

Particulars Details
Bank Chhattisgarh Rajya Gramin Bank
IFSC Code CRGB0000118
Branch Hathband
City Baloda Bazar
District Hathband
State Chhattisgarh
Address Main Rd. Mohabhatha Teh.Simga 493113

These details are essential not only for online banking users but also for businesses and individuals who use Chhattisgarh Rajya Gramin Bank in Baloda Bazar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CRGB0000118 for the Hathband branch of Chhattisgarh Rajya Gramin Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Chhattisgarh Rajya Gramin Bank located in Hathband, Baloda Bazar, Chhattisgarh, is provided with a unique IFSC like CRGB0000118 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Chhattisgarh Rajya Gramin Bank branch in Baloda Bazar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Baloda Bazar and Hathband.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Chhattisgarh and the rest of India and the IFSC Code ensures that transactions meant for Chhattisgarh Rajya Gramin Bank in Hathband do not get mixed with another location.

Format of the IFSC Code CRGB0000118

This is the format of the IFSC Code for banks, including Chhattisgarh Rajya Gramin Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Chhattisgarh Rajya Gramin Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Hathband in Baloda Bazar.

For example, the IFSC Code CRGB0000118 of Chhattisgarh Rajya Gramin Bank for the Hathband branch includes these elements, identifying the bank and the branch location in Baloda Bazar and Chhattisgarh accurately.

How to Find IFSC Code for Chhattisgarh Rajya Gramin Bank?

If you are trying to find the IFSC Code CRGB0000118 of Chhattisgarh Rajya Gramin Bank for its Hathband branch located in Baloda Bazar, the following methods can help:

Cheque Book

The cheque books that are issued by Chhattisgarh Rajya Gramin Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Chhattisgarh Rajya Gramin Bank branches in Baloda Bazar and Hathband, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Chhattisgarh Rajya Gramin Bank and find the branch locator section. Search for Hathband or Baloda Bazar to get the exact IFSC Code CRGB0000118.

Mobile Banking App

If you use Chhattisgarh Rajya Gramin Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Chhattisgarh Rajya Gramin Bank and Baloda Bazar that will provide accurate information.

How to Use IFSC Code CRGB0000118 for Online Transfers?

Once you have the IFSC Code CRGB0000118 for the Hathband branch of Chhattisgarh Rajya Gramin Bank in Baloda Bazar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CRGB0000118. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Chhattisgarh Rajya Gramin Bank IFSC Code CRGB0000118.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Chhattisgarh Rajya Gramin Bank Hathband in Baloda Bazar may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Chhattisgarh Rajya Gramin Bank in Hathband, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Chhattisgarh Rajya Gramin Bank website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Baloda Bazar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Chhattisgarh Rajya Gramin Bank in Hathband, Baloda Bazar?

The IFSC Code is CRGB0000118.

Is the IFSC Code CRGB0000118 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Chhattisgarh Rajya Gramin Bank Hathband?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Hathband branch?

The address of the branch is Main Rd. Mohabhatha Teh.Simga 493113 located in Baloda Bazar, Hathband, Chhattisgarh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.