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 Petlur branch in Kondapi, 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 Kondapi or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0005211. 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, Petlur, Kondapi
Here are the key points that are associated with the IFSC Code APGB0005211 of Andhra Pragathi Grameena Bank for its branch located in Kondapi, within the district of Prakasam in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0005211 |
| Branch | Petlur |
| City | Kondapi |
| District | Prakasam |
| State | Andhra Pradesh |
| Address | Petlur Village Kondepi Mandal Prakasam District, Pin-523270 |
These details helps users in online banking and for businesses and individuals who use Andhra Pragathi Grameena Bank in Kondapi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0005211 for the Petlur branch of Andhra Pragathi Grameena Bank plays a vital 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 Petlur, Kondapi, Andhra Pradesh, is provided a unique IFSC like APGB0005211 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 Kondapi.
- 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 Kondapi 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 Petlur do not get misguided to another person.
Format of the IFSC Code APGB0005211
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 Petlur in Kondapi.
For example, the IFSC Code APGB0005211 of Andhra Pragathi Grameena Bank for the Petlur branch includes these elements, identifying the bank and the branch location in Kondapi and Andhra Pradesh correctly.
How to Find IFSC Code for Andhra Pragathi Grameena Bank?
If you are trying to find the IFSC Code APGB0005211 of Andhra Pragathi Grameena Bank for its Petlur branch located in Kondapi, 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 Kondapi 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 Petlur or Kondapi to get the exact IFSC Code APGB0005211.
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 Kondapi that will provide accurate information.
How to Use IFSC Code APGB0005211 for Online Transfers?
Once you have the IFSC Code APGB0005211 for the Petlur branch of Andhra Pragathi Grameena Bank in Kondapi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGB0005211. 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 APGB0005211.
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 Petlur in Kondapi, it can result in delayed or failed transactions.
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 Petlur, 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 Kondapi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0005211.
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 Petlur Village Kondepi Mandal Prakasam District, Pin-523270 located in Kondapi, Prakasam, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.