Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Andhra Pragathi Grameena Bank for its Parumanchala branch in Parumanchala, Kurnool, Andhra Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Andhra Pragathi Grameena Bank located in Parumanchala or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0003017. You should definitely 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, Parumanchala, Parumanchala
The table below shows the main details of the IFSC Code APGB0003017 for the Andhra Pragathi Grameena Bank branch in Parumanchala, which falls under the Kurnool district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0003017 |
| Branch | Parumanchala |
| City | Parumanchala |
| District | Kurnool |
| State | Andhra Pradesh |
| Address | Parumanchala-518407 Jupadu Bunglow Mandal Kurnool District |
These details are important not only for users using online banking but also for businesses and individuals who use Andhra Pragathi Grameena Bank in Parumanchala for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGB0003017 for the Parumanchala branch of Andhra Pragathi Grameena Bank is vital.
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 Parumanchala, Parumanchala, Andhra Pradesh, are given a unique IFSC like APGB0003017 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Parumanchala.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Parumanchala and Kurnool.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Andhra Pragathi Grameena Bank in Parumanchala goes to the correct branch. This is important because Andhra Pragathi Grameena Bank has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code APGB0003017
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 Parumanchala in Parumanchala.
For example, the IFSC Code APGB0003017 of Andhra Pragathi Grameena Bank for the Parumanchala branch includes these elements, identifying the bank and the branch location in Parumanchala and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pragathi Grameena Bank?
If you are looking for the IFSC Code APGB0003017 of Andhra Pragathi Grameena Bank for its Parumanchala branch located in Parumanchala, 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 Parumanchala and Kurnool, 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 Parumanchala or Parumanchala to get the exact IFSC Code APGB0003017.
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 Parumanchala, then it will provide you proper information.
How to Use IFSC Code APGB0003017 for Online Transfers?
If you have the IFSC Code APGB0003017 for the Parumanchala branch of Andhra Pragathi Grameena Bank in Parumanchala, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGB0003017. 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 APGB0003017.
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 Parumanchala in Parumanchala, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Andhra Pragathi Grameena Bank in Parumanchala, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Parumanchala manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0003017.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Parumanchala-518407 Jupadu Bunglow Mandal Kurnool District located in Parumanchala, Kurnool, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.