There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Andhra Pragathi Grameena Bank for its Nandyal-Bala Junior College branch in Nandyal, Kurnool, Andhra Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Andhra Pragathi Grameena Bank situated in Nandyal or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code APGB0003160. You should 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, Nandyal-Bala Junior College, Nandyal
Here are the key points that are associated with the IFSC Code APGB0003160 of Andhra Pragathi Grameena Bank for its branch located in Nandyal, within the district of Kurnool in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0003160 |
| Branch | Nandyal-Bala Junior College |
| City | Nandyal |
| District | Kurnool |
| State | Andhra Pradesh |
| Address | Nandyal-Bala Junior College-518 501 Gandhi Chowk, Atmakur Road Nandyal, Kurnool District |
These details help users in online banking and for businesses and individuals who use Andhra Pragathi Grameena Bank in Nandyal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0003160 for the Nandyal-Bala Junior College branch of Andhra Pragathi Grameena Bank has a very 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 Nandyal-Bala Junior College, Nandyal, Andhra Pradesh, is provided a unique IFSC like APGB0003160 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 Nandyal.
- 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 Nandyal and Kurnool.
- 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 Nandyal-Bala Junior College do not get misguided to another person.
Format of the IFSC Code APGB0003160
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 Nandyal-Bala Junior College in Nandyal.
For example, the IFSC Code APGB0003160 of Andhra Pragathi Grameena Bank for the Nandyal-Bala Junior College branch includes these elements, identifying the bank and the branch location in Nandyal and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pragathi Grameena Bank?
If you are trying to find the IFSC Code APGB0003160 of Andhra Pragathi Grameena Bank for its Nandyal-Bala Junior College branch located in Nandyal, 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 Nandyal and Kurnool, 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 Nandyal-Bala Junior College or Nandyal to get the exact IFSC Code APGB0003160.
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 Nandyal, you'll get the correct details.
How to Use IFSC Code APGB0003160 for Online Transfers?
Once you have the IFSC Code APGB0003160 for the Nandyal-Bala Junior College branch of Andhra Pragathi Grameena Bank in Nandyal, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGB0003160. 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 APGB0003160.
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 Nandyal-Bala Junior College in Nandyal, 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 Nandyal-Bala Junior College, 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 Nandyal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0003160.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Nandyal-Bala Junior College-518 501 Gandhi Chowk, Atmakur Road Nandyal, Kurnool District located in Nandyal, Kurnool, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.