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 Veera Raghavuni Kota branch in Kandukur, Prakasam, 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 Kandukur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0005206. 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, Veera Raghavuni Kota, Kandukur
The table below shows the main details of the IFSC Code APGB0005206 for the Andhra Pragathi Grameena Bank branch in Kandukur, which falls under the Prakasam district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0005206 |
| Branch | Veera Raghavuni Kota |
| City | Kandukur |
| District | Prakasam |
| State | Andhra Pradesh |
| Address | V.R.Kota-523113 H.No:4-43-A,Veera Raghavuni Kota V & Post Linga Samudram Mandal, Prakasam (D) |
These details are important not only for users using online banking but also for businesses and individuals who use Andhra Pragathi Grameena Bank in Kandukur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGB0005206 for the Veera Raghavuni Kota 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 Veera Raghavuni Kota, Kandukur, Andhra Pradesh, is provided a unique IFSC like APGB0005206 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 Kandukur.
- 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 Kandukur 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 Veera Raghavuni Kota do not get misguided to another person.
Format of the IFSC Code APGB0005206
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): 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 Veera Raghavuni Kota in Kandukur.
For example, the IFSC Code APGB0005206 of Andhra Pragathi Grameena Bank for the Veera Raghavuni Kota branch includes these elements, identifying the bank and the branch location in Kandukur and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pragathi Grameena Bank?
If you are trying to find the IFSC Code APGB0005206 of Andhra Pragathi Grameena Bank for its Veera Raghavuni Kota branch located in Kandukur, 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 Kandukur and Prakasam, 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 Veera Raghavuni Kota or Kandukur to get the exact IFSC Code APGB0005206.
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 Kandukur that will provide accurate information.
How to Use IFSC Code APGB0005206 for Online Transfers?
Once you have the IFSC Code APGB0005206 for the Veera Raghavuni Kota branch of Andhra Pragathi Grameena Bank in Kandukur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGB0005206. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 APGB0005206.
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 Veera Raghavuni Kota in Kandukur, 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 Veera Raghavuni Kota, 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 Kandukur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0005206.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is V.R.Kota-523113 H.No:4-43-A,Veera Raghavuni Kota V & Post Linga Samudram Mandal, Prakasam (D) located in Kandukur, Prakasam, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.