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 Gorantla branch in Gorantla, Anantapur, 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 Gorantla or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0001043. 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, Gorantla, Gorantla

The table below shows the main details of the IFSC Code APGB0001043 for the Andhra Pragathi Grameena Bank branch in Gorantla, which falls under the Anantapur district in Andhra Pradesh.

Particulars Details
Bank Andhra Pragathi Grameena Bank
IFSC Code APGB0001043
Branch Gorantla
City Gorantla
District Anantapur
State Andhra Pradesh
Address Gorantla-515231 Gorantla Mandal Anantapur 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 Gorantla for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGB0001043 for the Gorantla branch of Andhra Pragathi Grameena Bank is vital.

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 Gorantla, Gorantla, Andhra Pradesh, is provided with a unique IFSC like APGB0001043 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 Gorantla.
  • 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 Gorantla 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 Gorantla do not get mixed with another location.

Format of the IFSC Code APGB0001043

The format of the IFSC Code for banks, including Andhra Pragathi Grameena Bank, has 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 Gorantla in Gorantla.

For example, the IFSC Code APGB0001043 of Andhra Pragathi Grameena Bank for the Gorantla branch includes these elements, identifying the bank and the branch location in Gorantla and Andhra Pradesh correctly.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are trying to find the IFSC Code APGB0001043 of Andhra Pragathi Grameena Bank for its Gorantla branch located in Gorantla, 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 Gorantla and Anantapur, 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 Gorantla or Gorantla to get the exact IFSC Code APGB0001043.

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 Gorantla that will provide accurate information.

How to Use IFSC Code APGB0001043 for Online Transfers?

Once you have the IFSC Code APGB0001043 for the Gorantla branch of Andhra Pragathi Grameena Bank in Gorantla, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code APGB0001043. 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 APGB0001043.

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 Gorantla in Gorantla, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Andhra Pragathi Grameena Bank in Gorantla, you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Gorantla manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pragathi Grameena Bank Gorantla Gorantla?

The IFSC Code of the Gorantla Gorantla branch is APGB0001043.

Is IFSC Code APGB0001043 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Andhra Pragathi Grameena Bank Gorantla branch?

The branch is located at Gorantla-515231 Gorantla Mandal Anantapur District.

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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