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 Mulapet-Nellore branch in Nellore, Nellore, 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 Nellore or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0004128. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Andhra Pragathi Grameena Bank, Mulapet-Nellore, Nellore
Below in the table are the key details related to IFSC Code APGB0004128 of Andhra Pragathi Grameena Bank for its branch located in Nellore, within the district of Nellore in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0004128 |
| Branch | Mulapet-Nellore |
| City | Nellore |
| District | Nellore |
| State | Andhra Pradesh |
| Address | 20-194 Beside Sri Mahalakshmi Temple Brahmin Street Mulapet Nellore 524003 |
These details are important not only for users using online banking but also for businesses and individuals who use Andhra Pragathi Grameena Bank in Nellore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGB0004128 for the Mulapet-Nellore 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 Mulapet-Nellore, Nellore, Andhra Pradesh, is provided a unique IFSC like APGB0004128 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 Nellore.
- 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 Nellore and Nellore.
- 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 Mulapet-Nellore do not get misguided to another person.
Format of the IFSC Code APGB0004128
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 Mulapet-Nellore in Nellore.
For example, the IFSC Code APGB0004128 of Andhra Pragathi Grameena Bank for the Mulapet-Nellore branch includes these elements, identifying the bank and the branch location in Nellore and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pragathi Grameena Bank?
If you are trying to find the IFSC Code APGB0004128 of Andhra Pragathi Grameena Bank for its Mulapet-Nellore branch located in Nellore, 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
Most banks, including Andhra Pragathi Grameena Bank branches in Nellore and Nellore, print the IFSC and MICR codes 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 Mulapet-Nellore or Nellore to get the exact IFSC Code APGB0004128.
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 Nellore, you'll get the correct details.
How to Use IFSC Code APGB0004128 for Online Transfers?
Once you have the IFSC Code APGB0004128 for the Mulapet-Nellore branch of Andhra Pragathi Grameena Bank in Nellore, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGB0004128. 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 APGB0004128.
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 Mulapet-Nellore in Nellore, 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 Mulapet-Nellore, 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 Nellore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0004128.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is 20-194 Beside Sri Mahalakshmi Temple Brahmin Street Mulapet Nellore 524003 located in Nellore, Nellore, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.