There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Andhra Pragathi Grameena Bank for its Dakkili branch in Dakkili, Nellore, Andhra Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Andhra Pragathi Grameena Bank situated in Dakkili or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code APGB0004030. You should 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, Dakkili, Dakkili
Here are the main details that are associated with the IFSC Code APGB0004030 of Andhra Pragathi Grameena Bank for its branch located in Dakkili, within the district of Nellore in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0004030 |
| Branch | Dakkili |
| City | Dakkili |
| District | Nellore |
| State | Andhra Pradesh |
| Address | Dakkili ┬Û 524132 Dakkili Mandal Nellore District |
These details are important not only for users using online banking but also for businesses and individuals who use Andhra Pragathi Grameena Bank in Dakkili for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGB0004030 for the Dakkili branch of Andhra Pragathi Grameena Bank is vital.
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 Dakkili, Dakkili, Andhra Pradesh, is provided a unique IFSC like APGB0004030 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 Dakkili.
- 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 Dakkili and Nellore.
- 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 Dakkili do not get misguided to another person.
Format of the IFSC Code APGB0004030
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 Dakkili in Dakkili.
For example, the IFSC Code APGB0004030 of Andhra Pragathi Grameena Bank for the Dakkili branch has these elements, identifying the bank and the branch location in Dakkili and Andhra Pradesh correctly.
How to Find IFSC Code for Andhra Pragathi Grameena Bank?
If you are trying to find the IFSC Code APGB0004030 of Andhra Pragathi Grameena Bank for its Dakkili branch located in Dakkili, the following methods can help:
Cheque Book
The cheque books that are issued by Andhra Pragathi Grameena Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Andhra Pragathi Grameena Bank branches in Dakkili and Nellore, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Andhra Pragathi Grameena Bank and find the branch locator section. Search for Dakkili or Dakkili to get the exact IFSC Code APGB0004030.
Mobile Banking App
If you use Andhra Pragathi Grameena Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Andhra Pragathi Grameena Bank and Dakkili that will provide accurate information.
How to Use IFSC Code APGB0004030 for Online Transfers?
Once you have the IFSC Code APGB0004030 for the Dakkili branch of Andhra Pragathi Grameena Bank in Dakkili, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGB0004030. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Andhra Pragathi Grameena Bank IFSC Code APGB0004030.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Andhra Pragathi Grameena Bank Dakkili in Dakkili, it can 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 Dakkili, 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 Dakkili manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0004030.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Dakkili ┬Û 524132 Dakkili Mandal Nellore District located in Dakkili, Nellore, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.