IFSC Code of Andhra Pragathi Grameena Bank, Duradakunta, Anantapur, Andhra Pradesh- APGB0001054

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 Duradakunta branch in Duradakunta, Anantapur, 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 Duradakunta or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0001054. 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, Duradakunta, Duradakunta

Here are some of the key details that come with the IFSC Code APGB0001054 of Andhra Pragathi Grameena Bank for its branch located in Duradakunta, within the district of Anantapur in the state of Andhra Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Andhra Pragathi Grameena Bank in Duradakunta for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0001054 for the Duradakunta branch of Andhra Pragathi Grameena Bank plays 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 Duradakunta, Duradakunta, Andhra Pradesh, is provided with a unique IFSC like APGB0001054 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 Duradakunta.
• 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 Duradakunta and Anantapur.
• 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 Duradakunta do not get mixed with another location.

Format of the IFSC Code APGB0001054

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 Duradakunta in Duradakunta.

For example, the IFSC Code APGB0001054 of Andhra Pragathi Grameena Bank for the Duradakunta branch has these elements, identifying the bank and the branch location in Duradakunta and Andhra Pradesh correctly.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are trying to find the IFSC Code APGB0001054 of Andhra Pragathi Grameena Bank for its Duradakunta branch located in Duradakunta, 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 Duradakunta and Anantapur, 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 Duradakunta or Duradakunta to get the exact IFSC Code APGB0001054.

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 Duradakunta, you'll get the correct details.

How to Use IFSC Code APGB0001054 for Online Transfers?

Once you have the IFSC Code APGB0001054 for the Duradakunta branch of Andhra Pragathi Grameena Bank in Duradakunta, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGB0001054. 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 APGB0001054.

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 Duradakunta in Duradakunta, it can result in delayed or failed transactions.

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 Duradakunta, 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 Duradakunta to handle online money transfers and get their cheques cleared smoothly.