IFSC Code of Chhattisgarh Rajya Gramin Bank, Ghotiya Balod Branch, Chhattisgarh

Below are the complete branch details for Chhattisgarh Rajya Gramin Bank, GHOTIYA BALOD branch, located in GHOTIYA BALOD, CHHATTISGARH. The IFSC assigned by the Reserve Bank of India to this branch is CRGB0008124. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case CRGB0008124 for Chhattisgarh Rajya Gramin Bank – GHOTIYA BALOD — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Chhattisgarh Rajya Gramin Bank's GHOTIYA BALOD branch, the IFSC CRGB0008124 breaks down as follows: CRGB identifies the bank, 0 is the reserved character, and 008124 identifies this particular branch.

Branch details at a glance

About the bank

Chhattisgarh Rajya Gramin Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Ghotiya Balod branch in Ghotiya Balod, Chhattisgarh is part of this network and uses the IFSC code CRGB0008124 for all electronic settlement.

Ghotiya Balod branch overview

Located at MAIN ROAD GHOTIYA 491228, the Ghotiya Balod branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC CRGB0008124 is required for all interbank electronic transfers routed through this branch.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Chhattisgarh Rajya Gramin Bank's GHOTIYA BALOD branch came to be assigned the code CRGB0008124.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC CRGB0008124, money simply cannot be routed to the GHOTIYA BALOD branch electronically.

How to transfer money using IFSC CRGB0008124

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC CRGB0008124 across all three.

How to use IFSC CRGB0008124 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Chhattisgarh Rajya Gramin Bank's GHOTIYA BALOD branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC CRGB0008124.
4. Confirm the bank name auto-populates as Chhattisgarh Rajya Gramin Bank and the branch as GHOTIYA BALOD.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to GHOTIYA BALOD

If you need to transfer ₹2 lakh or more in one go to an account at Chhattisgarh Rajya Gramin Bank's GHOTIYA BALOD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CRGB0008124 while initiating the transfer and the credit will appear within minutes.

IMPS to Chhattisgarh Rajya Gramin Bank GHOTIYA BALOD (IFSC CRGB0008124)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC CRGB0008124 in your mobile or internet banking app, and the money is credited to the GHOTIYA BALOD branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC CRGB0008124 for Chhattisgarh Rajya Gramin Bank – GHOTIYA BALOD, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Ghotiya Balod branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC CRGB0008124

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Chhattisgarh Rajya Gramin Bank – GHOTIYA BALOD is still mapped to IFSC CRGB0008124. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC CRGB0008124 and the beneficiary's account number to complete the transfer.

Account types you can open at the Ghotiya Balod branch

Once you have an account at Chhattisgarh Rajya Gramin Bank – GHOTIYA BALOD, the IFSC CRGB0008124 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Ghotiya Balod branch can access most of Chhattisgarh Rajya Gramin Bank's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC CRGB0008124

MICR & cheque-truncation details

Cheques drawn on the Ghotiya Balod branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC CRGB0008124 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC CRGB0008124

Chhattisgarh Rajya Gramin Bank customers can register for net banking and the bank's official mobile app once their account at the GHOTIYA BALOD branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC CRGB0008124 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

Common mistakes to avoid when using IFSC CRGB0008124

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Chhattisgarh Rajya Gramin Bank – GHOTIYA BALOD, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: CRGB0008124.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

Reaching the branch

The Ghotiya Balod branch sits at MAIN ROAD GHOTIYA 491228. If you are travelling from outside Ghotiya Balod, search for the branch on a maps application using the bank name and locality, or call 6232032119 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC CRGB0008124 and your account number.

Verifying IFSC CRGB0008124 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm CRGB0008124 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 6232032119.
• Visiting the bank's official branch locator page.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Ghotiya Balod branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC CRGB0008124, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code CRGB0008124 belongs to Chhattisgarh Rajya Gramin Bank's GHOTIYA BALOD branch, located at MAIN ROAD GHOTIYA 491228 in GHOTIYA BALOD, CHHATTISGARH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.