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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Andhra Pragathi Grameena Bank for its Arivemula branch in Chandrasekharap, Prakasam, Andhra Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Andhra Pragathi Grameena Bank located in Chandrasekharap or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0005220. 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, Arivemula, Chandrasekharap

Here are some of the key details that come with the IFSC Code APGB0005220 of Andhra Pragathi Grameena Bank for its branch located in Chandrasekharap, within the district of Prakasam in the state of Andhra Pradesh.

Particulars Details
Bank Andhra Pragathi Grameena Bank
IFSC Code APGB0005220
Branch Arivemula
City Chandrasekharap
District Prakasam
State Andhra Pradesh
Address 1 86, Arivemula Village And Post, Chandrasekharapuram Mandal

These details help users in online banking and for businesses and individuals who use Andhra Pragathi Grameena Bank in Chandrasekharap for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0005220 for the Arivemula branch of Andhra Pragathi Grameena Bank has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Andhra Pragathi Grameena Bank located in Arivemula, Chandrasekharap, Andhra Pradesh, is provided a unique IFSC like APGB0005220 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Andhra Pragathi Grameena Bank branch in Chandrasekharap.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Chandrasekharap and Prakasam.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Andhra Pragathi Grameena Bank in Arivemula do not get misguided to another person.

Format of the IFSC Code APGB0005220

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): These represent the bank code. In Andhra Pragathi Grameena Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Arivemula in Chandrasekharap.

For example, the IFSC Code APGB0005220 of Andhra Pragathi Grameena Bank for the Arivemula branch has these elements, identifying the bank and the branch location in Chandrasekharap and Andhra Pradesh correctly.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are trying to find the IFSC Code APGB0005220 of Andhra Pragathi Grameena Bank for its Arivemula branch located in Chandrasekharap, the following methods can help:

Cheque Book

The cheque book issued by Andhra Pragathi Grameena Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

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

Bank Website

Visit the official website of Andhra Pragathi Grameena Bank and navigate to the branch locator section. Search for Arivemula or Chandrasekharap to get the exact IFSC Code APGB0005220.

Mobile Banking App

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

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Andhra Pragathi Grameena Bank and Chandrasekharap, you'll get the correct details.

How to Use IFSC Code APGB0005220 for Online Transfers?

Once you have the IFSC Code APGB0005220 for the Arivemula branch of Andhra Pragathi Grameena Bank in Chandrasekharap, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code APGB0005220. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Andhra Pragathi Grameena Bank IFSC Code APGB0005220.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Andhra Pragathi Grameena Bank Arivemula in Chandrasekharap, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Andhra Pragathi Grameena Bank in Arivemula, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Chandrasekharap to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is APGB0005220.

Is the IFSC Code APGB0005220 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Arivemula branch?

The address of the branch is 1 86, Arivemula Village And Post, Chandrasekharapuram Mandal located in Chandrasekharap, 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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