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

If you are searching for the IFSC code of Chhattisgarh Rajya Gramin Bank, RAIKOT branch in RAIKOT, CHHATTISGARH, this page has every detail you need. The verified IFSC code for this branch is CRGB0001123. 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 RAIKOT branch, and detailed step-by-step guides for using the IFSC CRGB0001123 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.

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, CRGB0001123 is the IFSC of Chhattisgarh Rajya Gramin Bank's RAIKOT branch. The format is fixed: CRGB = bank code, 0 = reserved, 001123 = branch identifier.

Branch details at a glance

About Chhattisgarh Rajya Gramin Bank

Chhattisgarh Rajya Gramin Bank operates a wide network of branches across India, including the Raikot branch in Raikot. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, CRGB0001123.

About this branch

The branch is located at MAIN ROAD RAIKOT 494442. It serves the Raikot 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 CRGB0001123 is used to identify this branch on the RBI payments network.

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 RAIKOT of Chhattisgarh Rajya Gramin Bank — its own 11-character IFSC. The code CRGB0001123 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 CRGB0001123 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 CRGB0001123

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 CRGB0001123 across all three.

NEFT to Chhattisgarh Rajya Gramin Bank, RAIKOT using IFSC CRGB0001123

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 CRGB0001123, and confirm that the system picks up Chhattisgarh Rajya Gramin Bank – RAIKOT. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC CRGB0001123

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Chhattisgarh Rajya Gramin Bank – RAIKOT, ensure your bank's portal accepts IFSC CRGB0001123 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Chhattisgarh Rajya Gramin Bank – RAIKOT, use IMPS. With IFSC CRGB0001123 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

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

All three modes accept the IFSC CRGB0001123 for Chhattisgarh Rajya Gramin Bank – RAIKOT, 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 Raikot 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 CRGB0001123

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 – RAIKOT is still mapped to IFSC CRGB0001123. 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 CRGB0001123 and the beneficiary's account number to complete the transfer.

Account types you can open at the Raikot branch

Once you have an account at Chhattisgarh Rajya Gramin Bank – RAIKOT, the IFSC CRGB0001123 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 Raikot 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 CRGB0001123

MICR & cheque-truncation details

Cheques drawn on the Raikot branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC CRGB0001123 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC CRGB0001123

Chhattisgarh Rajya Gramin Bank customers can register for net banking and the bank's official mobile app once their account at the RAIKOT 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 CRGB0001123 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.

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 – RAIKOT:

• The IFSC is exactly CRGB0001123 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 RAIKOT 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 Raikot branch

The branch is located at MAIN ROAD RAIKOT 494442, which puts it inside Raikot, the broader Bastar district, and the state of Chhattisgarh. To plan your visit:

1. Open Google Maps on your phone and search for “Chhattisgarh Rajya Gramin Bank Raikot branch” — the verified location pin for IFSC CRGB0001123 should appear at the top of the results.
2. Confirm the branch is open by calling 6232032423 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 CRGB0001123 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC CRGB0001123 for Chhattisgarh Rajya Gramin Bank – RAIKOT, 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.

Working hours

Branch counters at Raikot 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 CRGB0001123 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code CRGB0001123 belongs to Chhattisgarh Rajya Gramin Bank's RAIKOT branch, located at MAIN ROAD RAIKOT 494442 in RAIKOT, 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.