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IFSC Code of Andhra Pragathi Grameena Bank, Koduru, Anantapur, Andhra Pradesh — APGB0001092

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Andhra Pragathi Grameena Bank for its Koduru branch in Hindupur, Anantapur, Andhra Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Andhra Pragathi Grameena Bank located in Hindupur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0001092. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Andhra Pragathi Grameena Bank, Koduru, Hindupur

Here are some of the key details that come with the IFSC Code APGB0001092 of Andhra Pragathi Grameena Bank for its branch located in Hindupur, within the district of Anantapur in the state of Andhra Pradesh.

Particulars Details
Bank Andhra Pragathi Grameena Bank
IFSC Code APGB0001092
Branch Koduru
City Hindupur
District Anantapur
State Andhra Pradesh
Address Kodur Village & Po Chilamathur Mandal Anantapur District Pin- 515 601

These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pragathi Grameena Bank in Hindupur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0001092 for the Koduru 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Andhra Pragathi Grameena Bank located in Koduru, Hindupur, Andhra Pradesh, is provided a unique IFSC like APGB0001092 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 Hindupur.
  • 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 Hindupur and Anantapur.
  • 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 Koduru do not get misguided to another person.

Format of the IFSC Code APGB0001092

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 Koduru in Hindupur.

For example, the IFSC Code APGB0001092 of Andhra Pragathi Grameena Bank for the Koduru branch includes these elements, identifying the bank and the branch location in Hindupur and Andhra Pradesh correctly.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are trying to find the IFSC Code APGB0001092 of Andhra Pragathi Grameena Bank for its Koduru branch located in Hindupur, 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 Hindupur 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 Koduru or Hindupur to get the exact IFSC Code APGB0001092.

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 Hindupur that will provide accurate information.

How to Use IFSC Code APGB0001092 for Online Transfers?

If you have the IFSC Code APGB0001092 for the Koduru branch of Andhra Pragathi Grameena Bank in Hindupur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGB0001092. 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 APGB0001092.

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 Koduru in Hindupur, it may 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 Koduru, 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 Hindupur 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 Koduru Hindupur?

The IFSC Code of the Koduru Hindupur branch is APGB0001092.

Is IFSC Code APGB0001092 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 Koduru branch?

The branch is located at Kodur Village & Po Chilamathur Mandal Anantapur District Pin- 515 601.

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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