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 Lawan branch in Baloda Bazar, Lawan, 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 CRGB0000122. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Chhattisgarh Rajya Gramin Bank, Lawan, Baloda Bazar
The table below shows the main details of the IFSC Code CRGB0000122 for the Chhattisgarh Rajya Gramin Bank branch in Baloda Bazar, which falls under the Lawan district in Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Chhattisgarh Rajya Gramin Bank |
| IFSC Code | CRGB0000122 |
| Branch | Lawan |
| City | Baloda Bazar |
| District | Lawan |
| State | Chhattisgarh |
| Address | At & Post Lawan Teh-Balodabazar 493526 |
These details help users in online banking and for businesses and individuals who use Chhattisgarh Rajya Gramin Bank in Baloda Bazar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CRGB0000122 for the Lawan branch of Chhattisgarh Rajya Gramin Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Chhattisgarh Rajya Gramin Bank located in Lawan, Baloda Bazar, Chhattisgarh, is provided a unique IFSC like CRGB0000122 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Chhattisgarh Rajya Gramin Bank branch in Baloda Bazar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Baloda Bazar and Lawan.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Chhattisgarh and the rest of India, the IFSC Code ensures that transactions meant for Chhattisgarh Rajya Gramin Bank in Lawan do not get misguided to another person.
Format of the IFSC Code CRGB0000122
The format of the IFSC Code for banks, including Chhattisgarh Rajya Gramin Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Chhattisgarh Rajya Gramin Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Lawan in Baloda Bazar.
For example, the IFSC Code CRGB0000122 of Chhattisgarh Rajya Gramin Bank for the Lawan branch has these elements, identifying the bank and the branch location in Baloda Bazar and Chhattisgarh correctly.
How to Find IFSC Code for Chhattisgarh Rajya Gramin Bank?
If you are looking for the IFSC Code CRGB0000122 of Chhattisgarh Rajya Gramin Bank for its Lawan branch located in Baloda Bazar, the following methods can help:
Cheque Book
The cheque book that is issued by Chhattisgarh Rajya Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Chhattisgarh Rajya Gramin Bank branches in Baloda Bazar and Lawan, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Chhattisgarh Rajya Gramin Bank and look for the branch locator section, then search for Lawan or Baloda Bazar to get the exact IFSC Code CRGB0000122.
Mobile Banking App
If you use Chhattisgarh Rajya Gramin Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Chhattisgarh Rajya Gramin Bank and Baloda Bazar, then it will provide you proper information.
How to Use IFSC Code CRGB0000122 for Online Transfers?
Once you have the IFSC Code CRGB0000122 for the Lawan branch of Chhattisgarh Rajya Gramin Bank in Baloda Bazar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CRGB0000122. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CRGB0000122.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Chhattisgarh Rajya Gramin Bank Lawan in Baloda Bazar, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Chhattisgarh Rajya Gramin Bank in Lawan, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Baloda Bazar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CRGB0000122.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At & Post Lawan Teh-Balodabazar 493526 located in Baloda Bazar, Lawan, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.