Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Andhra Pragathi Grameena Bank for its Ballikurava branch in Ballikurava, Prakasam, or Andhra Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Andhra Pragathi Grameena Bank located in Ballikurava or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0005060. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Andhra Pragathi Grameena Bank, Ballikurava, Ballikurava

The table below shows the main details of the IFSC Code APGB0005060 for the Andhra Pragathi Grameena Bank branch in Ballikurava, which falls under the Prakasam district in Andhra Pradesh.

Particulars Details
Bank Andhra Pragathi Grameena Bank
IFSC Code APGB0005060
Branch Ballikurava
City Ballikurava
District Prakasam
State Andhra Pradesh
Address Ballikurava -523301 Ballikurava Mandal Prakasam District

These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pragathi Grameena Bank in Ballikurava for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0005060 for the Ballikurava branch of Andhra Pragathi Grameena Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Andhra Pragathi Grameena Bank located in Ballikurava, Ballikurava, Andhra Pradesh, is provided with a unique IFSC like APGB0005060 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Andhra Pragathi Grameena Bank branch in Ballikurava.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Ballikurava and Prakasam.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Andhra Pragathi Grameena Bank in Ballikurava do not get mixed with another location.

Format of the IFSC Code APGB0005060

The format of the IFSC Code for banks, including Andhra Pragathi Grameena Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Andhra Pragathi Grameena Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ballikurava in Ballikurava.

For example, the IFSC Code APGB0005060 of Andhra Pragathi Grameena Bank for the Ballikurava branch includes these elements, identifying the bank and the branch location in Ballikurava and Andhra Pradesh accurately.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are looking for the IFSC Code APGB0005060 of Andhra Pragathi Grameena Bank for its Ballikurava branch located in Ballikurava, the following methods can help:

Cheque Book

The cheque book that is issued by Andhra Pragathi Grameena Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Andhra Pragathi Grameena Bank branches in Ballikurava and Prakasam, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Andhra Pragathi Grameena Bank and look for the branch locator section, then search for Ballikurava or Ballikurava to get the exact IFSC Code APGB0005060.

Mobile Banking App

If you use Andhra Pragathi Grameena Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Andhra Pragathi Grameena Bank and Ballikurava, then it will provide you proper information.

How to Use IFSC Code APGB0005060 for Online Transfers?

If you have the IFSC Code APGB0005060 for the Ballikurava branch of Andhra Pragathi Grameena Bank in Ballikurava, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGB0005060. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Andhra Pragathi Grameena Bank IFSC Code APGB0005060.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Andhra Pragathi Grameena Bank Ballikurava in Ballikurava, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Andhra Pragathi Grameena Bank in Ballikurava, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Andhra Pragathi Grameena Bank website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Ballikurava manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pragathi Grameena Bank in Ballikurava, Ballikurava?

The IFSC Code is APGB0005060.

Is the IFSC Code APGB0005060 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Andhra Pragathi Grameena Bank Ballikurava?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Ballikurava branch?

The address of the branch is Ballikurava -523301 Ballikurava Mandal Prakasam District located in Ballikurava, Prakasam, Andhra Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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