IFSC Code of Chhattisgarh Rajya Gramin Bank, Magarload Branch, Chhattisgarh

This page lists the IFSC code, branch address, contact number and fund-transfer information for Chhattisgarh Rajya Gramin Bank, MAGARLOAD branch in MAGARLOAD. The 11-digit IFSC CRGB0000317 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Chhattisgarh Rajya Gramin Bank at the MAGARLOAD location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, CRGB0000317 is the IFSC of Chhattisgarh Rajya Gramin Bank's MAGARLOAD branch. The format is fixed: CRGB = bank code, 0 = reserved, 000317 = branch identifier.

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 Magarload branch in Magarload, Chhattisgarh is part of this network and uses the IFSC code CRGB0000317 for all electronic settlement.

Magarload branch overview

Located at VILL & POST - MAGARLOD BLOCK MAGARLOD DIST- DHAMTARI 493662, the Magarload branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC CRGB0000317 is required for all interbank electronic transfers routed through this branch.

Why every Chhattisgarh Rajya Gramin Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MAGARLOAD of Chhattisgarh Rajya Gramin Bank — its own 11-character IFSC. The code CRGB0000317 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC CRGB0000317 the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC CRGB0000317

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 CRGB0000317 across all three.

NEFT to Chhattisgarh Rajya Gramin Bank, MAGARLOAD using IFSC CRGB0000317

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC CRGB0000317, and confirm that the system picks up Chhattisgarh Rajya Gramin Bank – MAGARLOAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to MAGARLOAD

If you need to transfer ₹2 lakh or more in one go to an account at Chhattisgarh Rajya Gramin Bank's MAGARLOAD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CRGB0000317 while initiating the transfer and the credit will appear within minutes.

IMPS to Chhattisgarh Rajya Gramin Bank MAGARLOAD (IFSC CRGB0000317)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC CRGB0000317 in your mobile or internet banking app, and the money is credited to the MAGARLOAD branch account within seconds.

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

All three modes accept the IFSC CRGB0000317 for Chhattisgarh Rajya Gramin Bank – MAGARLOAD, 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 Magarload 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 CRGB0000317

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 – MAGARLOAD is still mapped to IFSC CRGB0000317. 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 CRGB0000317 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Magarload branch is mapped to IFSC CRGB0000317 on the RBI payments network. The branch generally supports the full retail product catalogue of Chhattisgarh Rajya Gramin Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains CRGB0000317.

Banking services available

The Magarload branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 6232032317.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC CRGB0000317

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Chhattisgarh Rajya Gramin Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC CRGB0000317 and the account number together uniquely identify the Magarload branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the Magarload branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC CRGB0000317 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Chhattisgarh Rajya Gramin Bank – MAGARLOAD:

• The IFSC is exactly CRGB0000317 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Chhattisgarh Rajya Gramin Bank as the bank name and MAGARLOAD as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Magarload branch

The branch is located at VILL & POST - MAGARLOD BLOCK MAGARLOD DIST- DHAMTARI 493662, which puts it inside Magarload, the broader Dhamtari district, and the state of Chhattisgarh. To plan your visit:

1. Open Google Maps on your phone and search for “Chhattisgarh Rajya Gramin Bank Magarload branch” — the verified location pin for IFSC CRGB0000317 should appear at the top of the results.
2. Confirm the branch is open by calling 6232032317 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC CRGB0000317 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC CRGB0000317 for Chhattisgarh Rajya Gramin Bank – MAGARLOAD, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

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 Magarload branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC CRGB0000317, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: CRGB0000317 is the IFSC code of Chhattisgarh Rajya Gramin Bank, MAGARLOAD branch, in MAGARLOAD, CHHATTISGARH. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.