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IFSC Code of Andhra Pragathi Grameena Bank, Throvagunta, Prakasam, Andhra Pradesh — APGB0005205

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Andhra Pragathi Grameena Bank for its Throvagunta branch in Ongole, Prakasam, Andhra Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Andhra Pragathi Grameena Bank located in Ongole or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0005205. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Andhra Pragathi Grameena Bank, Throvagunta, Ongole

Here are the main details that are associated with the IFSC Code APGB0005205 of Andhra Pragathi Grameena Bank for its branch located in Ongole, within the district of Prakasam in the state of Andhra Pradesh.

Particulars Details
Bank Andhra Pragathi Grameena Bank
IFSC Code APGB0005205
Branch Throvagunta
City Ongole
District Prakasam
State Andhra Pradesh
Address D.No.2-13, Main Road, Throvagunta Vil & Po, Ongole Mandal, Prakasam District Pin- 523 262

These details helps users in online banking and for businesses and individuals who use Andhra Pragathi Grameena Bank in Ongole for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0005205 for the Throvagunta 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Andhra Pragathi Grameena Bank located in Throvagunta, Ongole, Andhra Pradesh, is provided with a unique IFSC like APGB0005205 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Andhra Pragathi Grameena Bank branch in Ongole.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Ongole and Prakasam.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Andhra Pragathi Grameena Bank in Throvagunta do not get mixed with another location.

Format of the IFSC Code APGB0005205

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 Throvagunta in Ongole.

For example, the IFSC Code APGB0005205 of Andhra Pragathi Grameena Bank for the Throvagunta branch includes these elements, identifying the bank and the branch location in Ongole and Andhra Pradesh accurately.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are looking for the IFSC Code APGB0005205 of Andhra Pragathi Grameena Bank for its Throvagunta branch located in Ongole, the following methods can help:

Cheque Book

The cheque book that is issued by Andhra Pragathi Grameena Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Andhra Pragathi Grameena Bank branches in Ongole and Prakasam, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Andhra Pragathi Grameena Bank and look for the branch locator section, then search for Throvagunta or Ongole to get the exact IFSC Code APGB0005205.

Mobile Banking App

If you use Andhra Pragathi Grameena Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Andhra Pragathi Grameena Bank and Ongole, then it will provide you proper information.

How to Use IFSC Code APGB0005205 for Online Transfers?

Once you have the IFSC Code APGB0005205 for the Throvagunta branch of Andhra Pragathi Grameena Bank in Ongole, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGB0005205. Transfers are processed in batches. This is 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. Requires the recipient's account details and Andhra Pragathi Grameena Bank IFSC Code APGB0005205.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Andhra Pragathi Grameena Bank Throvagunta in Ongole 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 Throvagunta, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Ongole to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pragathi Grameena Bank in Throvagunta, Ongole?

The IFSC Code is APGB0005205.

Is the IFSC Code APGB0005205 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Andhra Pragathi Grameena Bank Throvagunta?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Throvagunta branch?

The address of the branch is D.No.2-13, Main Road, Throvagunta Vil & Po, Ongole Mandal, Prakasam District Pin- 523 262 located in Ongole, Prakasam, Andhra Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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