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 Nellore Kothakaluva branch in Nellore, Sps Nellore, 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 Nellore or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code APGB0004137. 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, Nellore Kothakaluva, Nellore
Below in the table are the key details related to IFSC Code APGB0004137 of Andhra Pragathi Grameena Bank for its branch located in Nellore, within the district of Sps Nellore in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0004137 |
| Branch | Nellore Kothakaluva |
| City | Nellore |
| District | Sps Nellore |
| State | Andhra Pradesh |
| Address | Door No 6/6,Kotha Kaluva Center,Nellore Rural Mandal,Spsr Nellore(Dist),Andhra Pradesh. Pin- 524002 |
These details help users in online banking and for businesses and individuals who use Andhra Pragathi Grameena Bank in Nellore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0004137 for the Nellore Kothakaluva 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Andhra Pragathi Grameena Bank located in Nellore Kothakaluva, Nellore, Andhra Pradesh, are allotted a unique IFSC like APGB0004137 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nellore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Nellore and Sps Nellore.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Andhra Pragathi Grameena Bank in Nellore Kothakaluva reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.
Format of the IFSC Code APGB0004137
The format of the IFSC Code for banks, including Andhra Pragathi Grameena Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Andhra Pragathi Grameena Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Nellore Kothakaluva in Nellore.
For example, the IFSC Code APGB0004137 of Andhra Pragathi Grameena Bank for the Nellore Kothakaluva 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 APGB0004137 of Andhra Pragathi Grameena Bank for its Nellore Kothakaluva branch located in Nellore, 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 Nellore and Sps Nellore, 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 Nellore Kothakaluva or Nellore to get the exact IFSC Code APGB0004137.
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 Nellore that will provide accurate information.
How to Use IFSC Code APGB0004137 for Online Transfers?
If you have the IFSC Code APGB0004137 for the Nellore Kothakaluva branch of Andhra Pragathi Grameena Bank in Nellore, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGB0004137. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Andhra Pragathi Grameena Bank IFSC Code APGB0004137.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Andhra Pragathi Grameena Bank Nellore Kothakaluva in Nellore, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Andhra Pragathi Grameena Bank in Nellore Kothakaluva, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Nellore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0004137.
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 Door No 6/6,Kotha Kaluva Center,Nellore Rural Mandal,Spsr Nellore(Dist),Andhra Pradesh. Pin- 524002 located in Nellore, Sps Nellore, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.