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IFSC Code of Andhra Pragathi Grameena Bank, Komarole, Prakasam, Andhra Pradesh — APGB0005193

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 Komarole branch in Komarole, Prakasam, 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 Komarole or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0005193. 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, Komarole, Komarole

Here are some of the key details that come with the IFSC Code APGB0005193 of Andhra Pragathi Grameena Bank for its branch located in Komarole, within the district of Prakasam in the state of Andhra Pradesh.

Particulars Details
Bank Andhra Pragathi Grameena Bank
IFSC Code APGB0005193
Branch Komarole
City Komarole
District Prakasam
State Andhra Pradesh
Address Komarolu-523 373 D.No.5-243, Sriram Nagar, Komarolu Mandal, Prakasam 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 Komarole for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGB0005193 for the Komarole 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 Komarole, Komarole, Andhra Pradesh, is provided with a unique IFSC like APGB0005193 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 Komarole.
  • 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 Komarole and Prakasam.
  • 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 Komarole do not get mixed with another location.

Format of the IFSC Code APGB0005193

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 Komarole in Komarole.

For example, the IFSC Code APGB0005193 of Andhra Pragathi Grameena Bank for the Komarole branch includes these elements, identifying the bank and the branch location in Komarole and Andhra Pradesh accurately.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are trying to find the IFSC Code APGB0005193 of Andhra Pragathi Grameena Bank for its Komarole branch located in Komarole, 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

You can easily find the IFSC and MICR codes because most banks, including Andhra Pragathi Grameena Bank branches in Komarole and Prakasam, print them 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 Komarole or Komarole to get the exact IFSC Code APGB0005193.

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 Komarole, you'll get the correct details.

How to Use IFSC Code APGB0005193 for Online Transfers?

Once you have the IFSC Code APGB0005193 for the Komarole branch of Andhra Pragathi Grameena Bank in Komarole, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGB0005193. 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 APGB0005193.

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 Komarole in Komarole, 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 Komarole, 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 Komarole manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pragathi Grameena Bank in Komarole, Komarole?

The IFSC Code is APGB0005193.

Is the IFSC Code APGB0005193 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Andhra Pragathi Grameena Bank Komarole?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Komarole branch?

The address of the branch is Komarolu-523 373 D.No.5-243, Sriram Nagar, Komarolu Mandal, Prakasam District located in Komarole, Prakasam, Andhra Pradesh.

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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