IFSCIndex

Chhattisgarh Rajya Gramin Bank Paneka IFSC Code

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Chhattisgarh Rajya Gramin Bank

CRGB0008261

IFSC · Used for NEFT, IMPS & RTGS

Not Assigned

MICR · This branch may not process cheques.

Branch

Paneka

Address

Ward No 08, Paneka Chowk, Samta Colony, Dongargaon Road, Village And Post Paneka, Rajnandgaon Dt, Chhattisgarh 491441

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District

Paneka

State

Chhattisgarh

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Frequently Asked Questions

About Chhattisgarh Rajya Gramin Bank Paneka (colony Dongargaon Road Villa - 8261), Paneka

The IFSC code CRGB0008261 (lowercase: crgb0008261) belongs to Chhattisgarh Rajya Gramin Bank, specifically the Paneka (colony Dongargaon Road Villa - 8261) branch located in Paneka, Chhattisgarh.

The 5th character in the IFSC code CRGB0008261 is a zero (0), not the letter 'O'. The correct format is CRGB0008261 (lowercase: crgb0008261), and not CRGBO008261. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Chhattisgarh Rajya Gramin Bank Paneka (colony Dongargaon Road Villa - 8261) in Paneka, Chhattisgarh is CRGB0008261. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Chhattisgarh Rajya Gramin Bank Paneka (colony Dongargaon Road Villa - 8261) is located at Ward No 08, Paneka Chowk, Samta Colony, Dongargaon Road, Village And Post Paneka, Rajnandgaon Dt, Chhattisgarh 491441, Paneka, Chhattisgarh. You can click the "View on Google Maps" button on this page to get directions.

The MICR code for Chhattisgarh Rajya Gramin Bank Paneka (colony Dongargaon Road Villa - 8261) in Paneka is printed at the bottom of your cheque leaf. If you cannot locate it, contact your branch directly or check your passbook.

Yes. IFSC code CRGB0008261 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code CRGB0008261 by checking: (1) The top-left corner of any Chhattisgarh Rajya Gramin Bank Paneka (colony Dongargaon Road Villa - 8261) cheque leaf, (2) The first page of your Chhattisgarh Rajya Gramin Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: CRGB0008261

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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CRGB
Bank Codechars 1–4
0Reservedchar 5
008261
Branch Codechars 6–11

CRGB0008261

What Each Part Means

Bank Code — CRGB
The first 4 characters uniquely identify Chhattisgarh Rajya Gramin Bank at the national level. Every branch of Chhattisgarh Rajya Gramin Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 008261
The final 6 characters 008261 uniquely identify this specific branch within the Chhattisgarh Rajya Gramin Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code CRGB0008261
SegmentCharsValuePurpose
Bank Code1–4CRGBIdentifies Chhattisgarh Rajya Gramin Bank
Reserved50RBI reserved (always 0)
Branch Code6–11008261Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchCRGB0008261Not available
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.