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 Srinivasa Nagar, Nandyal branch in Nandyal, Kurnool, 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 Nandyal or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0003166. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Andhra Pragathi Grameena Bank, Srinivasa Nagar, Nandyal, Nandyal
Here are some of the key details that come with the IFSC Code APGB0003166 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 | APGB0003166 |
| Branch | Srinivasa Nagar, Nandyal |
| City | Nandyal |
| District | Kurnool |
| State | Andhra Pradesh |
| Address | D.No.B-39, I Floor, Balaji Complex, Srinivasa Nagar, Nandyal, Kurnool District, Pin-518 501 |
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 APGB0003166 for the Srinivasa Nagar, Nandyal 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 Srinivasa Nagar, Nandyal, Nandyal, Andhra Pradesh, is provided a unique IFSC like APGB0003166 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 Srinivasa Nagar, Nandyal do not get misguided to another person.
Format of the IFSC Code APGB0003166
This is the format of the IFSC Code for banks, including Andhra Pragathi Grameena Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Andhra Pragathi Grameena Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Srinivasa Nagar, Nandyal in Nandyal.
For example, the IFSC Code APGB0003166 of Andhra Pragathi Grameena Bank for the Srinivasa Nagar, Nandyal 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 APGB0003166 of Andhra Pragathi Grameena Bank for its Srinivasa Nagar, Nandyal branch located in Nandyal, 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 Nandyal and Kurnool, 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 Srinivasa Nagar, Nandyal or Nandyal to get the exact IFSC Code APGB0003166.
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 Nandyal that will provide accurate information.
How to Use IFSC Code APGB0003166 for Online Transfers?
Once you have the IFSC Code APGB0003166 for the Srinivasa Nagar, Nandyal branch of Andhra Pragathi Grameena Bank in Nandyal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGB0003166. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Andhra Pragathi Grameena Bank IFSC Code APGB0003166.
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 Srinivasa Nagar, Nandyal in Nandyal, 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 Srinivasa Nagar, Nandyal, 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 APGB0003166.
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 D.No.B-39, I Floor, Balaji Complex, Srinivasa Nagar, Nandyal, Kurnool District, Pin-518 501 located in Nandyal, Kurnool, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.