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

If you are searching for the IFSC code of Chhattisgarh Rajya Gramin Bank, PHARASGAON branch in PHARASGAON, CHHATTISGARH, this page has every detail you need. The verified IFSC code for this branch is CRGB0001122. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the PHARASGAON branch, and detailed step-by-step guides for using the IFSC CRGB0001122 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Chhattisgarh Rajya Gramin Bank – PHARASGAON is CRGB0001122. The first four letters CRGB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001122 map to this branch in PHARASGAON, CHHATTISGARH.

Bank profile

Chhattisgarh Rajya Gramin Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Pharasgaon branch — IFSC CRGB0001122 — extends the bank's services to customers in and around Pharasgaon, Chhattisgarh.

About this branch

The branch is located at MAIN ROAD PHARASGAON 494228. It serves the Pharasgaon region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Chhattisgarh Rajya Gramin Bank. The IFSC CRGB0001122 is used to identify this branch on the RBI payments network.

Branch details at a glance

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 PHARASGAON of Chhattisgarh Rajya Gramin Bank — its own 11-character IFSC. The code CRGB0001122 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 CRGB0001122 the same way you would treat your account number — verify it once and save it carefully for future use.

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 CRGB0001122 and the account number together uniquely identify the Pharasgaon branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC CRGB0001122

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 CRGB0001122 across all three.

NEFT to Chhattisgarh Rajya Gramin Bank, PHARASGAON using IFSC CRGB0001122

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 CRGB0001122, and confirm that the system picks up Chhattisgarh Rajya Gramin Bank – PHARASGAON. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to PHARASGAON

If you need to transfer ₹2 lakh or more in one go to an account at Chhattisgarh Rajya Gramin Bank's PHARASGAON branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CRGB0001122 while initiating the transfer and the credit will appear within minutes.

IMPS to Chhattisgarh Rajya Gramin Bank PHARASGAON (IFSC CRGB0001122)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC CRGB0001122 in your mobile or internet banking app, and the money is credited to the PHARASGAON branch account within seconds.

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

All three modes accept the IFSC CRGB0001122 for Chhattisgarh Rajya Gramin Bank – PHARASGAON, 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 Pharasgaon 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 CRGB0001122

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 – PHARASGAON is still mapped to IFSC CRGB0001122. 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 CRGB0001122 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Pharasgaon branch is mapped to IFSC CRGB0001122 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 CRGB0001122.

Products and services

Customers walking into the Pharasgaon 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 CRGB0001122

Online banking and IFSC CRGB0001122

Chhattisgarh Rajya Gramin Bank customers can register for net banking and the bank's official mobile app once their account at the PHARASGAON 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 CRGB0001122 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.

How to reach the Pharasgaon branch

The branch is located at MAIN ROAD PHARASGAON 494228, which puts it inside Pharasgaon, the broader Kondagaon district, and the state of Chhattisgarh. To plan your visit:

1. Open Google Maps on your phone and search for “Chhattisgarh Rajya Gramin Bank Pharasgaon branch” — the verified location pin for IFSC CRGB0001122 should appear at the top of the results.
2. Confirm the branch is open by calling 6232032422 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 CRGB0001122 and your account number.

Common mistakes to avoid when using IFSC CRGB0001122

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 – PHARASGAON, 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: CRGB0001122.
• 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.

Working hours

Branch counters at Pharasgaon are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to CRGB0001122 continue to work without interruption.

Verifying IFSC CRGB0001122 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 CRGB0001122 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 6232032422.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: CRGB0001122 is the IFSC code of Chhattisgarh Rajya Gramin Bank, PHARASGAON branch, in PHARASGAON, 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.